bimmerpost/
BMW M2 and 2-Series Coupe
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
home
BMW M2 Forums 2023+ (G87) BMW M2 G87 General Topics

Post Reply
 
Thread Tools Search this Thread
      11-29-2024, 07:33 AM   #1
i64evr
Registered
0
Rep
2
Posts

Drives: tbd
Join Date: Nov 2024
Location: usa

iTrader: (0)

Used Market Prices

Seeing a lot of 2023 cars sitting in the low 60s range with one outlier still available at 57k.

Seems like dealers are holding on to these prices but with the 25s being released, prices should be dropping further.

Has anyone see these go for low to mid 50s?
Appreciate 0
      11-29-2024, 07:40 AM   #2
ednir98
Second Lieutenant
ednir98's Avatar
United_States
966
Rep
372
Posts

Drives: i3, F30 328i, F15 X5, F82 M4
Join Date: Jun 2024
Location: TX

iTrader: (0)

Low to mid 50s? You can just barely get an F87 competition for that price. Only way you're getting a G87 that low is if something is wrong with it or it has a ton of miles.
Appreciate 3
Ronin761522.00
DrewNewM2951.00
      11-29-2024, 11:11 AM   #3
Panscan340
Second Lieutenant
316
Rep
302
Posts

Drives: M340
Join Date: Oct 2022
Location: X

iTrader: (0)

Would be pretty stupid to pay low 60s when you can get a new one for same money. Tons of inventory
Appreciate 2
Polo088161642.50
Tallest1539.50
      11-29-2024, 11:33 AM   #4
M271
New Member
M271's Avatar
24
Rep
10
Posts

Drives: BMW G87 M2
Join Date: Nov 2024
Location: United Kingdom

iTrader: (0)

I’m assuming you are all talking dollars here…..my ‘23 car was high 40s, but in £. It was a £66K car, so has taken a nice tumble price wise. Seems to be an absolute bargain to me.
Appreciate 1
Tallest1539.50
      11-29-2024, 12:07 PM   #5
RussV
Private First Class
167
Rep
105
Posts

Drives: 2024 BMW M2
Join Date: Sep 2023
Location: Northern California

iTrader: (0)

It will be interesting to see what happens to used prices if tariffs kick in.
Appreciate 1
      11-29-2024, 12:16 PM   #6
IanH
First Lieutenant
354
Rep
337
Posts

Drives: '25 M240xi
Join Date: Dec 2012
Location: United States

iTrader: (1)

Garage List
Quote:
Originally Posted by RussV View Post
It will be interesting to see what happens to used prices if tariffs kick in.
Still have my money on tariffs are not happening or major carve outs.

But if they do happen you can expect 2 series to become history in the US, at least for this generation. They will move the g20.
__________________
2025 M240i Xdrive TNM/Cog
Appreciate 3
Polo088161642.50
Ronin761522.00
      11-30-2024, 07:54 PM   #7
captain slowly
I like turtles!
captain slowly's Avatar
792
Rep
734
Posts

Drives: '25 M2, '12 Corvette
Join Date: Feb 2017
Location: Long Island, NY

iTrader: (0)

Quote:
Originally Posted by i64evr View Post
Seeing a lot of 2023 cars sitting in the low 60s range with one outlier still available at 57k.

Seems like dealers are holding on to these prices but with the 25s being released, prices should be dropping further.

Has anyone see these go for low to mid 50s?
Not quite sure the point of your post. Are you looking to buy and wondering when is the "right" time to buy? Or are you a baller on a "budget"?
Appreciate 0
      11-30-2024, 08:23 PM   #8
fzr100098
Private First Class
fzr100098's Avatar
184
Rep
105
Posts

Drives: 2025 M2
Join Date: Aug 2024
Location: Charlotte

iTrader: (0)

Quote:
Originally Posted by Panscan340 View Post
Would be pretty stupid to pay low 60s when you can get a new one for same money. Tons of inventory
Tons of inventory where? CA? Not here in NC
Appreciate 1
Ronin761522.00
      12-01-2024, 07:31 AM   #9
Panscan340
Second Lieutenant
316
Rep
302
Posts

Drives: M340
Join Date: Oct 2022
Location: X

iTrader: (0)

Quote:
Originally Posted by fzr100098 View Post
Tons of inventory where? CA? Not here in NC
Literally all over the country. Should easily be able to get 6+% discount
Appreciate 1
Polo088161642.50
      12-01-2024, 10:33 AM   #10
i64evr
Registered
0
Rep
2
Posts

Drives: tbd
Join Date: Nov 2024
Location: usa

iTrader: (0)

Quote:
Originally Posted by captain slowly View Post
Not quite sure the point of your post. Are you looking to buy and wondering when is the "right" time to buy? Or are you a baller on a "budget"?
I don't do the baller on a budget thing, I just want a fun daily that can also fit a 3 year old and all the kid accessories that come along with a toddler.

I should have been clearer with my question. I want to understand the market for g87s bc the current numbers do not make sense to me. Even being post Covid with some of the ridiculousness still in place, I cant see how used 23s are still close to MSRP when you can get a new LCI for not much more. I'm also seeing the used cars not selling at that price point. So basically, am I missing something here and are there any real world purchase price examples of used m2s that people can share.
Appreciate 0
      12-01-2024, 11:50 AM   #11
Dave07997S
Brigadier General
Dave07997S's Avatar
1308
Rep
4,371
Posts

Drives: 2024 BMW M2 Toronto Red 6MT
Join Date: May 2009
Location: El Segundo, CA

iTrader: (1)

Quote:
Originally Posted by Panscan340 View Post
Literally all over the country. Should easily be able to get 6+% discount
Not in Cali, most dealers are still MSRP.
Appreciate 1
Ronin761522.00
      12-01-2024, 12:49 PM   #12
DrewNewM2
Lieutenant
United_States
951
Rep
480
Posts

Drives: Brooklyn Grey G87 Manual
Join Date: Jul 2023
Location: NY

iTrader: (0)

BMWs generally have high depreciation. My 2020 STi probably only depreciated 12% in 4 years while my M2 lost about that in 1 year. Both low mileage around 2-3k miles a year. I would expect to lose with these cars and people who can hold out and buy a slightly used car will save a ton.
Appreciate 0
      12-01-2024, 02:30 PM   #13
Mhrob24
Private
Mhrob24's Avatar
United_States
208
Rep
84
Posts

Drives: 2025 M2
Join Date: Feb 2024
Location: Michigan

iTrader: (0)

Garage List
2025 BMW M2  [10.00]
Quote:
Originally Posted by Panscan340 View Post
Literally all over the country. Should easily be able to get 6+% discount
Quote:
Originally Posted by Dave07997S View Post
Not in Cali, most dealers are still MSRP.

Not in Michigan, either….or anywhere in the country lol.

No one is “easily” getting a 6+ percent discount on an M2. You are almost certainly paying MSRP for the vehicle outside of a military or new grad discount. There is one dealer in Michigan right now that has a new M2 on the floor, and that’s typical. I decided on the M2 over a year ago, and in that time, I was only able to find two M2s that were on the floor available for sale in the entire state. Both of them were gone in less than 2 weeks.

OP, If you want to save some dollars on a used M2, surely, I would wait about 9-12 months until used 25MY start hitting dealers. The 23/24MY prices at that time will prolly be in the high 50s range.
Appreciate 1
Ronin761522.00
      12-01-2024, 02:50 PM   #14
evdoho
Client Advisor
evdoho's Avatar
United_States
429
Rep
188
Posts

Drives: BMW E46 M3, VW Arteon
Join Date: Mar 2024
Location: Atlanta

iTrader: (0)

Quote:
Originally Posted by Panscan340 View Post
Literally all over the country. Should easily be able to get 6+% discount
This is so absurdly incorrect lol
Appreciate 1
Ronin761522.00
      12-01-2024, 06:23 PM   #15
Panscan340
Second Lieutenant
316
Rep
302
Posts

Drives: M340
Join Date: Oct 2022
Location: X

iTrader: (0)

Multiple brokers on LH offering 6% off but ok keep blowing smoke and overpaying
Appreciate 0
      12-01-2024, 06:56 PM   #16
M2M3M3
New Member
M2M3M3's Avatar
54
Rep
32
Posts

Drives: 95 M3, 97 M3
Join Date: Nov 2024
Location: NOVA

iTrader: (0)

Garage List
97 E36 M3/4/5  [0.00]
95 E36 M3  [0.00]
Quote:
Originally Posted by Panscan340 View Post
Would be pretty stupid to pay low 60s when you can get a new one for same money. Tons of inventory
There are about a dozen new 25's currently available at dealers in the mid atlantic region...according to bmwusa.

Last edited by M2M3M3; 12-01-2024 at 06:57 PM..
Appreciate 0
      12-01-2024, 07:24 PM   #17
MisanoblueZ4
Captain
MisanoblueZ4's Avatar
2303
Rep
932
Posts

Drives: 2021 Z4 M40I
Join Date: Sep 2023
Location: South Carolina

iTrader: (0)

Resale is strong with the M2. This is a good problem to have. Not so much if you thought it could be had for cheap.
Appreciate 0
      12-01-2024, 08:38 PM   #18
NickyF25
Private
90
Rep
69
Posts

Drives: 2025 X5, 2023 F150 Raptor
Join Date: Oct 2019
Location: PA

iTrader: (0)

Quote:
Originally Posted by MisanoblueZ4 View Post
Resale is strong with the M2. This is a good problem to have. Not so much if you thought it could be had for cheap.
Only if they are actually selling at those prices, which doesn’t seem to be the case. They look to be sitting.
__________________
2025 X5 xdrive 40i M-Sport
Appreciate 0
      12-01-2024, 08:49 PM   #19
MisanoblueZ4
Captain
MisanoblueZ4's Avatar
2303
Rep
932
Posts

Drives: 2021 Z4 M40I
Join Date: Sep 2023
Location: South Carolina

iTrader: (0)

Quote:
Originally Posted by NickyF25 View Post
Only if they are actually selling at those prices, which doesn’t seem to be the case. They look to be sitting.
ZF’s or manuals?

Manual crowd is banking on better resale due to scarcity of manual cars in the future. Perhaps some extra cost being baked in.
Appreciate 0
      12-01-2024, 09:29 PM   #20
Ronin76
Major
Ronin76's Avatar
United_States
1522
Rep
1,404
Posts

Drives: 2018 Tesla Model 3
Join Date: Sep 2018
Location: Pittsburgh, PA

iTrader: (0)

Quote:
Originally Posted by RussV View Post
It will be interesting to see what happens to used prices if tariffs kick in.
The CEO of BMW believes they will be protected from tariffs due to BMW's footprint in the USA...

https://www.supplychaindive.com/news...ariffs/733879/
Appreciate 0
      12-01-2024, 09:32 PM   #21
Ronin76
Major
Ronin76's Avatar
United_States
1522
Rep
1,404
Posts

Drives: 2018 Tesla Model 3
Join Date: Sep 2018
Location: Pittsburgh, PA

iTrader: (0)

Quote:
Originally Posted by fzr100098 View Post
Tons of inventory where? CA? Not here in NC
Same here in Western PA. We got nothing. The one or two on dealer websites are already spoken for.
Appreciate 0
      12-01-2024, 09:50 PM   #22
M2M3M3
New Member
M2M3M3's Avatar
54
Rep
32
Posts

Drives: 95 M3, 97 M3
Join Date: Nov 2024
Location: NOVA

iTrader: (0)

Garage List
97 E36 M3/4/5  [0.00]
95 E36 M3  [0.00]
Quote:
Originally Posted by Ronin76 View Post
The CEO of BMW believes they will be protected from tariffs due to BMW's footprint in the USA...

https://www.supplychaindive.com/news/bmw-north-america-domestic-production-trump-tariffs/733879/
That is for the overall companys wellbeing, not buyers of cars made in Mexico. He believes basically that bmw profitability won't be affected by a large reduction in 2 series sales in the us caused by a trump tax.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 02:04 PM.




g87
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST