M240i xDrive $15K more than my M2 Comp

Cadillac · 01-30-2022, 11:23 PM

I did a quick price comparison for a new 240...I can't believe that it is $15K more than I paid for my M2 Comp in September 2021, admittedly with most option boxes ticked for the 240 but it is not unlike what is standard in the F87 in Australia.
Makes me wonder what the G87 will cost....I am sure the Australian Luxury car tax is alive and well.
The following are government charges:
GST $8,472
Luxury Car Tax $7,961
Stamp Duty $7,266
Then you have the dealer Delivery $2,500

Getting screwed on every new car in Australia...taxes alone account for $23,699 of the car price of $111,790, or 21.2%

lagunaseca · 01-31-2022, 10:49 PM

Not too surprising tbh as this is launch. There's a small but price insensitive segment of the customer base who just want it and want it now.

The M235i was RRP 90k on launch in 2014. The M2 Pure was RRP 90k on launch in 2016.

BMW was positioning the 2 series as a niche product commanding quite a premium over the 1er for much better styling, fewer doors but effectively the same car.

M240i LCI RRP on launch in 2017? ~75k

Horrible experience for customer ownership/resale though. It's one thing to add features and improvements with the update, it's another thing to basically redo your pricing structure because your product planning is in shambles.

RednekM2 · 02-01-2022, 01:46 AM

Crikey! New M2 might be up around 140k then?

Makes M2 CS seem like a bargain!

rayw · 02-08-2022, 08:43 PM

BMW just announced price increase in coming March
M3/M4 $ 5000
X5M/X6M 10000

the new M2 may be ? 145K

6speed_M2 · 02-09-2022, 12:20 AM

Just for comparisons sake, I believe the 2017 M2 had a MSRP in California of 53k. Somewhere between 52-55k as standard.

A fully loaded M240i xDrive has a sticker price of 55-57k I believe.

HFW003 · 02-09-2022, 09:57 PM

Just priced up the M340 and that is at $127K!

RednekM2 · 02-12-2022, 05:26 AM

Quote:

Originally Posted by rayw

BMW just announced price increase in coming March
M3/M4 $ 5000
X5M/X6M 10000

the new M2 may be ? 145K

Flippin ell!

oz800r · 02-12-2022, 06:03 PM

Quote:

Originally Posted by HFW003

Just priced up the M340 and that is at $127K!

The market has moved if that is the case. When I went to look at purchasing a new M2 in April 2021 to replace my LCI the price was list only (had expected it based on forum feedback) but was offered a 2000km demo M340 for $100k drive away

APH · 02-12-2022, 06:51 PM

Crazy how much the market has moved.

I'm expecting the base G87 M2 (driveaway) will be circa $125-$130k, with the Comp being just under $150k. Hopefully, I'm wrong.

Beenz · 02-13-2022, 10:10 PM

Quote:

Originally Posted by APH

Crazy how much the market has moved.

I'm expecting the base G87 M2 (driveaway) will be circa $125-$130k, with the Comp being just under $150k. Hopefully, I'm wrong.

I reckon you are about right.
Bear in mind D/A retail on the F87 M2C was actually up around $125k and most models have had 2 or more price increases since 2018 (but M2 didn’t).. it’s not a stretch to assume something north of $140k D/A is likely for the asking price.

An M2 is not going to be priced less than an X3 (m40i is $130k now)….

MadBimmeRad · 02-19-2022, 04:29 AM

M2CS started at $139,990

What a bargain

RednekM2 · 02-20-2022, 01:42 AM

Quote:

Originally Posted by MadBimmeRad

M2CS started at $139,990

What a bargain

Oath

Aren't we lucky!?

01-30-2022, 11:23 PM	#1
Cadillac Lieutenant 359 Rep 426 Posts Drives: M2 Competition DCT BSM Join Date: Jan 2007 Location: Sydney Australia iTrader: (0)	M240i xDrive $15K more than my M2 Comp I did a quick price comparison for a new 240...I can't believe that it is $15K more than I paid for my M2 Comp in September 2021, admittedly with most option boxes ticked for the 240 but it is not unlike what is standard in the F87 in Australia. Makes me wonder what the G87 will cost....I am sure the Australian Luxury car tax is alive and well. The following are government charges: GST $8,472 Luxury Car Tax $7,961 Stamp Duty $7,266 Then you have the dealer Delivery $2,500 Getting screwed on every new car in Australia...taxes alone account for $23,699 of the car price of $111,790, or 21.2% Last edited by Cadillac; 01-30-2022 at 11:33 PM..
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01-31-2022, 10:49 PM	#2
lagunaseca New Member 2 Rep 5 Posts Drives: M2C Join Date: Jan 2021 Location: Sydney, Australia iTrader: (0)	Not too surprising tbh as this is launch. There's a small but price insensitive segment of the customer base who just want it and want it now. The M235i was RRP 90k on launch in 2014. The M2 Pure was RRP 90k on launch in 2016. BMW was positioning the 2 series as a niche product commanding quite a premium over the 1er for much better styling, fewer doors but effectively the same car. M240i LCI RRP on launch in 2017? ~75k Horrible experience for customer ownership/resale though. It's one thing to add features and improvements with the update, it's another thing to basically redo your pricing structure because your product planning is in shambles.
	Appreciate 0 Quote

02-01-2022, 01:46 AM	#3
RednekM2 Private First Class 146 Rep 135 Posts Drives: M2CS, Yaris Rallye Join Date: Dec 2020 Location: Australia iTrader: (0)	Crikey! New M2 might be up around 140k then? Makes M2 CS seem like a bargain!
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02-08-2022, 08:43 PM	#4
rayw New Member 0 Rep 14 Posts Drives: M2C AW 6MT Join Date: Sep 2020 Location: sydney iTrader: (0)	BMW just announced price increase in coming March M3/M4 $ 5000 X5M/X6M 10000 the new M2 may be ? 145K
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02-09-2022, 12:20 AM	#5
6speed_M2 Captain 3634 Rep 875 Posts Drives: ///M2 Join Date: Nov 2018 Location: California iTrader: (0) Garage List ///M2 Performance ... [9.17]	Just for comparisons sake, I believe the 2017 M2 had a MSRP in California of 53k. Somewhere between 52-55k as standard. A fully loaded M240i xDrive has a sticker price of 55-57k I believe. __________________ N54 135i 6MT (FBO, JB4 reflash, E30) sold E90 M3 DCT (FBO, tuned) sold Current: Performance Edition M2 6MT (FBO, ethanol tuned by Bend Calibration/Ecutek)
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02-09-2022, 09:57 PM	#6
HFW003 Brigadier General 5697 Rep 3,225 Posts Drives: 2024 M340i xdrive Join Date: Apr 2013 Location: Newcastle, Australia iTrader: (0)	Just priced up the M340 and that is at $127K!
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02-12-2022, 06:51 PM	#9
APH New Member 45 Rep 19 Posts Drives: HS M2C 6MT Join Date: Jan 2019 Location: Brisbane, Australia iTrader: (0) Garage List BMW M2 Competition [0.00] 2015 Renault Sport ... [0.00]	Crazy how much the market has moved. I'm expecting the base G87 M2 (driveaway) will be circa $125-$130k, with the Comp being just under $150k. Hopefully, I'm wrong. __________________ M2C 6MT Hockenheim Silver
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02-19-2022, 04:29 AM	#11
MadBimmeRad Brigadier General 7122 Rep 4,008 Posts Drives: M235i, 420i, and now the M2 CS Join Date: Mar 2020 Location: Adelaide iTrader: (0) Garage List 1998 Toyota Supra [9.05] 2023 BMW G82 M4 CSL [9.69] 2020 BMW F87 M2 CS [9.92]	M2CS started at $139,990 What a bargain __________________ M2CS, The second coming of ///M!
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