[VPB74]

I picked up a 2018 M240i a few weeks back. I paid about 12% under MSRP for it. I had considered a M2, but based on how I was going to use it, I decided on the M240i. I was by the dealer yesterday and saw that they had a new M2 on the lot. MSRP for the M2 is $62,000 and the "sale" price is $69,500; $7,500 over MSRP! Now that might not be what they eventually sell it for, but that's basically $25K more than I paid for the M240i. Based on that, I'm thinking I got 90% of the performance of an M2 for 60% of the cost. Some will say that the M240i isn't a "real" M, and maybe not depending on how you define what a M is supposed to be. However, I think the M240i is a heck of a lot of car for the money.

[baege]

how did you manage to get it for 12 percent below msrp?

[BEM-S4]

This has been discussed quite extensively but yes, depending on what you plan to do with your car the M2 is better (or maybe it's not). But even if you land in the camp that it's better, is it really 25k better? That's an aggressive stretch.

[gk09]

Originally Posted by NP2650

I picked up a 2018 M240i a few weeks back. I paid about 12% under MSRP for it. I had considered a M2, but based on how I was going to use it, I decided on the M240i. I was by the dealer yesterday and saw that they had a new M2 on the lot. MSRP for the M2 is $62,000 and the "sale" price is $69,500; $7,500 over MSRP! Now that might not be what they eventually sell it for, but that's basically $25K more than I paid for the M240i. Based on that, I'm thinking I got 90% of the performance of an M2 for 60% of the cost. Some will say that the M240i isn't a "real" M, and maybe not depending on how you define what a M is supposed to be. However, I think the M240i is a heck of a lot of car for the money.

Come to Canada,they?re dirt cheap right now. It?s actually sad for those who paid above msrp in Canada bc boy the negative equity must sting!

[VPB74]

Regarding how I got the car for the price I did, I think l was the right buyer at the right time. I wanted a coupe with the 6M and only a few options. Maybe not what your typical buyer wants, but they had one on the lot. In fact they had 3 similar cars on the lot, and all of them had been on the lot for 90 days or more. It took awhile, but I think they were motivated to move one along.

[DanG]

My dealer never sells a car above MSRP. I actually got an M2 in January for a little below MSRP.

[MikeT]

This was a popular topic when then the M2 first came out. There were a fair number of folks that were arguing that the M2 was a much better value than the then-current M235i. And a decent case was made (and can be made) that fully-loaded M235i/240i vs M2, MSRP vs MSRP, the M2 wins. The flaws in that logic, as you point out, are the facts that (1) heavy discounting was/is possible on the M235i/240i; (2) the M2 is often subject to deal mark-up; and (3) a discounted, lightly-optioned M235i/240i can be had for around $40k.

[Kolyan2k]

You can already pick up just slightly used M2 for $50k or less (someone was selling here for $49k)

[Mr Carrots]

Originally Posted by baege

how did you manage to get it for 12 percent below msrp?

Standard dealer 8-10% off msrp then incentives or corporate discount I assume. Mine was a great bargin.

[CP911]

Originally Posted by NP2650

Some will say that the M240i isn't a "real" M, and maybe not depending on how you define what a M is supposed to be. However, I think the M240i is a heck of a lot of car for the money.

The "real M" debate is pointless these days anyway now that BMW has diluted the sub-brand so badly. We have the M240i, X3 M40i, etc. and then we have the M2 without a S engine or sport seats... How can one argue that one is more "M" worthy than the other? In my eyes, neither one truly deserves the M badge, so when I was making the decision to go m240i vs. M2, I did my best to look past the "M" marketing bs all together and made my decision based on what the cars offered at their respective price points. I ended up with a lightly-optioned (metallic paint and Dakota leather are all I configured) m240i 6MT for a little over $40k. No regrets. That said, if BMW did something like a M2 CSL w/ S58, half cage + sport buckets, carbon roof, etc. and kept it around $70-75k, I'd trade up in a heartbeat. I'm simply not interested in a S55-powered M2 Competition. They can keep that one and I'll keep my money while I continue to enjoy the m240i for what it is.

[morphomeman]

Just curious. How did you swing a little over $40K? The base MSRP is $46,445, including obligatory shipping and handling. The leather and paint add $2K to this, giving you $48,445. So a little over $40K is a pretty steep discount, over 15%. Do you know somebody or do you know something that the dealer does not want the rest of the world to know? Golden showers, maybe . . .

[DailySleeper]

Originally Posted by morphomeman

Golden showers, maybe . . .

Totally off topic, but obviously one or both of us doesn't know what this means.

[CP911]

Originally Posted by morphomeman

Just curious. How did you swing a little over $40K? The base MSRP is $46,445, including obligatory shipping and handling. The leather and paint add $2K to this, giving you $48,445. So a little over $40K is a pretty steep discount, over 15%. Do you know somebody or do you know something that the dealer does not want the rest of the world to know? Golden showers, maybe . . .

Winter incentive rebates. December was $2k off and January was $3500 (or was it only $3000?) for 2-series. If you agree on a price and order a car, you don't have to sign the paperwork until closer to delivery. The rebates then go towards the agreed upon sales price of car as a credit when you sign the contract.

Here is the pricing and ordering section of the forums where you can go educate yourself further -
http://www.2addicts.com/forums/forumdisplay.php?f=506

Let's keep it on topic from this point so the mods don't move OP's thread!

[aerostar]

Originally Posted by CP911

Winter incentive rebates. December was $2k off and January was $3500 (or was it only $3000?) for 2-series. If you agree on a price and order a car, you don't have to sign the paperwork until closer to delivery. The rebates then go towards the agreed upon sales price of car as a credit when you sign the contract.

Here is the pricing and ordering section of the forums where you can go educate yourself further -
http://www.2addicts.com/forums/forumdisplay.php?f=506

Let's keep it on topic from this point so the mods don't move OP's thread!

Right, but I don't think people consider rebates as part of the dealer discount.

Usually it's xxx% off MSRP, plus incentives.

I'm sure he meant 12% INCLUDING incentives.

[hz101]

Originally Posted by NP2650

I picked up a 2018 M240i a few weeks back. I paid about 12% under MSRP for it. I had considered a M2, but based on how I was going to use it, I decided on the M240i. I was by the dealer yesterday and saw that they had a new M2 on the lot. MSRP for the M2 is $62,000 and the "sale" price is $69,500; $7,500 over MSRP! Now that might not be what they eventually sell it for, but that's basically $25K more than I paid for the M240i. Based on that, I'm thinking I got 90% of the performance of an M2 for 60% of the cost. Some will say that the M240i isn't a "real" M, and maybe not depending on how you define what a M is supposed to be. However, I think the M240i is a heck of a lot of car for the money.

As someone who owned an M2, I agree. But keep in mind that money is not a factor for everyone. For those, the M2 is the way to go. You get that exclusivity, the special color that catches attention, more aggressive looks, sportier performance, etc. All that comes at a cost. The M240i is a better value though.

[Sunny_M240I]

I read the M240I with XDRIVE is quicker 0-60 than the M2. Just sayin. I also believe the M2 is better looking but I am in Canada and feel more comfortable with the XDRIVE and the 0-60 time is quite impressive.

http://www.2addicts.com/forums/showthread.php?t=1347268

[dsmclone]

From someone who is close to pulling the trigger on a used m235i and also considering other vehicles, here is my take.

I think the M2 is better looking than the M240. I think the M2 would be a fine daily driver for myself.
It sounds like you can get a well equipped M240 for around $45k after discounts.
It sounds like your going to get an M2 for around $60k.

Personally I couldn't see spending an extra $10-$15k for the M2. I could probably see paying $15k more for an RS3 over an S3 but I don't think a M2 justifies the $15k difference in price for me personally. I was also looking at Camaro's and couldn't justify the price of a ZL-1 over a Camaro 2SS and that has an extra 200 horsepower.

I wouldn't fault anyone for buying an M2, they are amazing cars, but for me the bang for buck just isn't enough. If we were talking about a $5k difference, then I would probably choose the M2.

[mdputnam]

For those wondering about getting the best discount, I have neither the time, talent, or patience to negotiate with a dealership sales droid. I bought my car through Costco. In our area (Southern California) that means a 8-12% discount. However, M cars are not on the shopping list, but being Costco I'm sure you could pick up a six pack of X5s, after all you're going to need something to carry that 55 gallon drum of Tide laundry detergent you picked up!

[Mr Carrots]

Originally Posted by dsmclone

From someone who is close to pulling the trigger on a used m235i and also considering other vehicles, here is my take.

I think the M2 is better looking than the M240. I think the M2 would be a fine daily driver for myself.
It sounds like you can get a well equipped M240 for around $45k after discounts.
It sounds like your going to get an M2 for around $60k.

Personally I couldn't see spending an extra $10-$15k for the M2. I could probably see paying $15k more for an RS3 over an S3 but I don't think a M2 justifies the $15k difference in price for me personally. I was also looking at Camaro's and couldn't justify the price of a ZL-1 over a Camaro 2SS and that has an extra 200 horsepower.

I wouldn't fault anyone for buying an M2, they are amazing cars, but for me the bang for buck just isn't enough. If we were talking about a $5k difference, then I would probably choose the M2.

The M2 has pretty pathetic power for an M stock but you can do a stage 2 pure turbo and a flash to make it a lot more respectable. It's a crying shame that BMW didn't push the N55 harder for this car but I guess the beancounters have magic HP numbers for warranty claims, and the environazis demand the all important sacred MPG numbers to keep CAFE happy

So far I've dumped 2k into wheels/tires for my m240 to get the M2 look (the OEM 436s are fucking hideous) , and @ 4.5k of mods. The M2 will always have better fenders, front end, exhaust, handling and possibly suspension if you like it rough. The M2's not a bad deal if you can get one under MSRP

[amw896]

The 235/240 are a steal considering you get 95% of the m2 for like 75% of the cake. Although the m2 is a great car, technically, it's not even a real M car. N55 motor, end of story. Now, when the competition m2 comes out, that's gonna be another ball game. I've already made my choice to overpay on that when it comes.

[XutvJet]

I could only swing about 5% off of my M235, but I ordered it because a wanted a build that hardly anyone would consider (MW paint, coral interior, no nav, no moonroof, 6MT, HK stereo, colder weather). I could have easily bought one of the many M235s they had sitting on the lot for a 12% discount with incentives but they were all auto and xdrives, wrong options, etc. I knew the M2 was coming out a few months after my M235 arrived, but I knew they'd be going for a lot more ($65-70K was the norm for an M2 in the summer of 2016).

I spent about $47K on my M235. When it's all said and done, I'll end up putting about $5K into it for wheels, tune, LSD, MP exhaust, MP wing, and MP splitter. The car does have an elegant and sporty presence which I do love. With LSD, tune, and perhaps the new MP4S tires, it will perform extremely close to that of an M2, but what I will have spent does put it very close to the M2 base MSRP. However, even now, it's damn hard to find an M2 6MT under $58-60K. I do love the M2 and I'd likely buy one if I totaled my M235. It's pricey but I think it's worth it if you can grab one for near MSRP especially if you're looking at an M240 for similar money.

[DanG]

My dealer let me go on an extended test drive of a DCT M2. I was hooked. Much superior to my M235i. Handling and power are much improved. As you can see, I bought the M2.

As a side note, I have owned BMWs since 1972 and the M2 is the best driving BMW I have owned. It even beats out my E46 M3.