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      06-25-2021, 07:58 PM   #1
faraz.bmw
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Used M240i x-drive prices

Hello! This is my first post so sorry if I'm doing this in the wrong place but how much should a 2017 m240i xdrive roughly cost? The chip shortage has car prices all over the place and im trying to see if 30k USD is a fair price on a used 2017 m240i xdrive with roughly 50k miles. I'm mainly looking for prices people were paying for m240's before this whole thing or just any helpful info to help guide my buying process.
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      06-25-2021, 10:23 PM   #2
WRCWIA
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I Paid $30k exactly 1 year ago for a 2017 xdrive with 30k miles.

I know a year makes a HUGE difference especially during this current supply shortage, but maybe that gives you some sort of reference.
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      06-26-2021, 02:58 PM   #3
spidy512
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Heya!

That sounds about right in the current market.

FWIW, I just got an offer from Shift for my 2017 EB M240ix with 44k miles. They offered me almost $32k. I paid 32K last year with 37k miles.

If I could get a smokin' deal on an M car, I would go for this in a heart beat. But the unfortunate part is everything is inflated, and there is no inventory. It is a sellers market.

josh
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      07-29-2021, 07:42 PM   #4
mblaucoupe135
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I have an M2 on order as the lease on my 2019 m240i xdrive is about up. however I'm thinking about buying out the m240i since I've heard used car values are insane right now. my residual is about 31k and I have about 24k miles on it. what do you all think?
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      07-29-2021, 10:03 PM   #5
TonM3
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Quote:
Originally Posted by mblaucoupe135 View Post
I have an M2 on order as the lease on my 2019 m240i xdrive is about up. however I'm thinking about buying out the m240i since I've heard used car values are insane right now. my residual is about 31k and I have about 24k miles on it. what do you all think?
The car is worth quite a bit more than that today.
You could probably get the dealer to offer you cash now.
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E46 -> E90 -> F30 -> F23
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      07-30-2021, 09:05 PM   #6
mblaucoupe135
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Quote:
Originally Posted by TonM3 View Post
Quote:
Originally Posted by mblaucoupe135 View Post
I have an M2 on order as the lease on my 2019 m240i xdrive is about up. however I'm thinking about buying out the m240i since I've heard used car values are insane right now. my residual is about 31k and I have about 24k miles on it. what do you all think?
The car is worth quite a bit more than that today.
You could probably get the dealer to offer you cash now.
apparently the dealer doesn't want to deal with it since it has some Dinan stuff on it. I did take it over to Carmax and they said they would give me 36k for it and Vroom will give me 38k.
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      08-05-2021, 05:45 PM   #7
faraz.bmw
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Quote:
Originally Posted by mblaucoupe135 View Post
I have an M2 on order as the lease on my 2019 m240i xdrive is about up. however I'm thinking about buying out the m240i since I've heard used car values are insane right now. my residual is about 31k and I have about 24k miles on it. what do you all think?
Sell it to me lmaoo 8163825473
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      08-06-2021, 11:15 AM   #8
mblaucoupe135
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Quote:
Originally Posted by faraz.bmw View Post
Quote:
Originally Posted by mblaucoupe135 View Post
I have an M2 on order as the lease on my 2019 m240i xdrive is about up. however I'm thinking about buying out the m240i since I've heard used car values are insane right now. my residual is about 31k and I have about 24k miles on it. what do you all think?
Sell it to me lmaoo 8163825473
well the deal for the m2 fell through since I felt like they were trying to screw me, so looks like I'll need to keep my car a bit longer. sorry!
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      08-06-2021, 11:17 AM   #9
faraz.bmw
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Quote:
Originally Posted by mblaucoupe135 View Post
Quote:
Originally Posted by faraz.bmw View Post
Quote:
Originally Posted by mblaucoupe135 View Post
I have an M2 on order as the lease on my 2019 m240i xdrive is about up. however I'm thinking about buying out the m240i since I've heard used car values are insane right now. my residual is about 31k and I have about 24k miles on it. what do you all think?
Sell it to me lmaoo 8163825473
well the deal for the m2 fell through since I felt like they were trying to screw me, so looks like I'll need to keep my car a bit longer. sorry!
Ahh man sorry to hear that… shopping for cars has been tough in this market.
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      08-06-2021, 12:02 PM   #10
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I too am shopping for an m240i, xdrive or not. Market is insane right now. i have seen a few start to drop about $1000 over the past 3 weeks or so. I think I will just wait till November and see if there are any better prices then when the new 240 is out.

Good luck guys. This has to crack at some point.
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      08-06-2021, 12:03 PM   #11
faraz.bmw
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Originally Posted by ErikB View Post
I too am shopping for an m240i, xdrive or not. Market is insane right now. i have seen a few start to drop about $1000 over the past 3 weeks or so. I think I will just wait till November and see if there are any better prices then when the new 240 is out.

Good luck guys. This has to crack at some point.
Good luck to you too! I've been trying to buy a m240 xDrive for so long now lol
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      08-06-2021, 09:06 PM   #12
mblaucoupe135
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[QUOTE=faraz.bmw;27889885]
Quote:
Originally Posted by ErikB View Post
I too am shopping for an m240i, xdrive or not. Market is insane right now. i have seen a few start to drop about $1000 over the past 3 weeks or so. I think I will just wait till November and see if there are any better prices then when the new 240 is out.

Good luck guys. This has to crack at some point.
Good luck to you too! I've been trying to buy a m240 xDrive for so long now

bummer you haven't been able to buy one yet. my car may be available again in a few months so I'll hit you up at that time if it is.
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      08-07-2021, 11:41 AM   #13
spidy512
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Heya!

FYI, my 2017 M240ix is for sale. Its in the classifieds if you are still looking.

cheers!
josh
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      08-07-2021, 06:29 PM   #14
cooolone2
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Waiting for the price to drop because the newer and disgusting M240 is out is a mistake, lol... In all probability, it's going to retain some value because of it (2022).

I had high hopes but they, the designers, really screwed the pooch on this one! My 20' M240xi is loaded and I haven't broke 5k miles yet (Covid)! Was thinking about selling and getting an M2, but will now have to wait and see what they do to that upcoming model too. Some early leaks say the S58 engine is only going to be 410HP which is confusing! Downpipe and a little nudge and the M240 is there without the added $.

Anyways, Good Luck on your search, but don't wait for prices to drop any time soon. We know what we have
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      09-05-2021, 06:57 PM   #15
randmness
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Quote:
Originally Posted by cooolone2 View Post
My 20' M240xi is loaded and I haven't broke 5k miles yet (Covid)! Was thinking about selling and getting an M2, but will now have to wait and see what they do to that upcoming model too. Some early leaks say the S58 engine is only going to be 410HP which is confusing! Downpipe and a little nudge and the M240 is there without the added $.

Anyways, Good Luck on your search, but don't wait for prices to drop any time soon. We know what we have
This is actually where I am. I bought a 2021 M240X last year and have put maybe 5K miles on it. I am actually debating on selling mine (as we have two cars) and either picking up an M2, 2022 RS3, or something else in the future. I recently had my car appraised, and its more than what I initially paid for the car last year.
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