12-07-2022, 07:45 AM | #23 | |
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Drives: '21 F87 M2C 6MT
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2021 BMW M2 Competi ... [9.67] 2023 BMW X5 xDrive40i [0.00] 2017 BMW X3 xDrive28i [0.00] |
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new was a different deal since they were coming to the end of the production run and there just werent many on dealer lots. i couldnt find a new 6MT anywhere within 1000 miles of DC and there was only 1 sunset orange 6MT in the entire US....so i found an allocation, ordered new, and paid MSRP. i made a couple calls on new LBB and HS models with 6 MT and all dealers were at least MSRP...and one had $5K ADM.
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my garage: '23 G05 xDrive40i m-sport; '21 F87 M2C, 6MT; '17 F25 x-drive28i SAV; '15 F55 mini hatch 5-door retired: '87 E30 MT 'vert; '92 E36 sedan; '99 E36 MT 'vert; '06 E90 x-drive sedan; '07 E83 x-drive30 SAV; '09 E91 x-drive wagon; '12 E89 Z4 MT M-sport; '15 F22 sport line |
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12-07-2022, 07:52 AM | #24 | |
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2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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12-07-2022, 10:03 PM | #25 | |
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12-10-2022, 06:01 PM | #26 |
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12-10-2022, 06:51 PM | #27 |
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I've done far better on my cars than the mkts in the last year...crazy times indeed.
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2020 M2C
2018 M2 LCI Gone 1M, 991.1, 991.2, 718S, 991.2 TT, R8 Spyder RWD |
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12-12-2022, 08:52 AM | #29 |
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Great video that foreshadows what's about to come... used car values have absolutely tanked in the last 3 months and it's only going to get worse... if carvana goes belly up that will just further fuel the fire... this means that new cars are next.
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2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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12-14-2022, 12:57 PM | #30 | |
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I happened to get my M2C in late 2020 before the used market went nuts, and it was among the cheapest low mileage M2Cs in the entire country. That only made me more happy to keep it.
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-2014 328d Wagon, 8HP. Self-tuned, 270hp/430ft-lbs.
-2019 M2 Competition MT, Alpine White. Self-tuned 560hp -2016 Mini Cooper S, MT. Many plans. Others: -E36 328is. 2000 Z3 Roady. 2003 VW Jetta TDI Manual. Estoril Z3M Coupe. |
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12-15-2022, 10:31 AM | #31 |
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Maybe I'll be able to buy back my R8 at a discount...
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2020 M2C
2018 M2 LCI Gone 1M, 991.1, 991.2, 718S, 991.2 TT, R8 Spyder RWD |
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12-17-2022, 02:49 PM | #32 |
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I want to know if the M2C was actually selling at MSRP when it was released in the US 2019-2021 or a little over? Admittedly I paid $60k for my 21 back in Oct. Had 8k miles.
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12-19-2022, 06:20 AM | #33 |
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A used car apocalypse has been predicted for at least the last 10 years. We’ve seen wild shifts UPWARD but as it always happens, the speed going the other direction is always much slower over a period of several months or years. When people watch overly dramatic videos, they think they’ll be able to walk in and buy a car for 20k off the following Monday. Not going to happen in any scenario. In fact, we’re still flushing out demand from the last few years.
There are too many stakeholders in this industry to allow a catastrophic, fast moving decline. It will happen incrementally over years. This includes a Carvana bankruptcy, who is owned by the Drivetime fraudsters and can float along for quite a while. |
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12-19-2022, 02:45 PM | #34 |
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12-20-2022, 11:57 AM | #35 | |
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2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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01-04-2023, 11:29 PM | #36 |
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Drives: LBB M2 LCI
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In my particular case I had been looking for a VERY specific car — LBB LCI 6MT ZEC, sleek top, 1-owner, stock and under 15k miles. So anything else wouldn’t fit the bill. 😊
It wasn’t a rational decision LOL |
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03-09-2023, 03:01 AM | #37 |
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Hi. The decision to buy a new car versus a used car ultimately depends on your personal preferences and financial situation. Here are some factors to consider:
Budget: If you can afford to pay for a new M2 without straining your finances, then it may make sense to go for it. However, if you're stretching your budget to buy a new car, you may want to consider a used car that is more affordable. Depreciation: New cars typically depreciate quickly in the first few years of ownership, meaning you'll lose more money if you decide to sell the car after a few years. In contrast, a used car that is a few years old may have already gone through the steepest part of its depreciation curve, which could make it a better long-term investment. Condition: A 4-5 year old car may still be in good condition, especially if it has been well-maintained. However, it's important to have the car inspected by a mechanic before you buy to make sure there are no hidden issues that could become expensive to fix. Features: If having the latest features and technology is important to you, a new car may be a better choice. However, if you're willing to sacrifice some of the latest bells and whistles for a more affordable price, a used car could still be a great option. Overall, whether it makes sense to buy a new M2 or a used car depends on your individual circumstances. It's important to consider factors like budget, depreciation, condition, and features before making a decision. |
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