05-17-2024, 05:19 PM | #1 |
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M240i Rarity
I picked up a brand new late ‘23 model Porti blue M240i RWD (47 miles on the clock) up in NOVA about 2 months ago fully loaded simply by perusing cars.com. Saw it on Wednesday, paid on Thursday, and then drove north to pick up on that Friday. Dealer even gave me about $2k off MSRP, granted some military perk in there too. Regardless, seen a lot of folks on this forum that have upwards of a year waiting in line for one. Did I just get Domino lucky? I have yet to see a G42 or G87 around where I live. Beginning to think someone simply special ordered the car and something fell through with the buyer. Anyone know what the production numbers are on these things? If they’re unicorns, and my experience to date with its driving performance indicates that, I’m about to tell my wife to cease and desist driving and then put it in bubble wrap or something.
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05-17-2024, 05:45 PM | #2 |
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These cars are available instock at most dealers. The ones waiting are those who special ordered the car to get the exact spec want, and the wait is usually 3-6 months. Most dealers have 1-3 in stock and I believe they get an allocation for maybe 3-10 G42’s a month.
As a point of reference, I did a local search and all 4 dealers around me have 1-4 M240i’s in stock. Uncommon yes, but it’s not rare. You’re driving a very competent daily, not some unicorn.
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2023 BMW M240i xDrive Last edited by Coconut; 05-17-2024 at 05:51 PM.. |
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05-17-2024, 05:46 PM | #3 |
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I don't have the production numbers, but I am certain the G42's are uncommon, but not necessarily rare. I have seen a few in my city of 1.1m people, and I know there are more out there. Having perused our two dealers in my city, it seems they usually have a couple each on their "inventory" which probably includes customer orders to look like they have stock. I wouldn't doubt there are around than 100 in my city.
I don't think the G42 is truly special enough to reach any meaningful collector status, so I say just drive it. Even being a rare 2 door with possibly one of the last gas powered non-hybrid powertrains, I just don't think they're going be worth anything meaningful at any point. M2's may hold their value much better, and may or may never ever see meaningful collector value. |
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05-18-2024, 11:29 AM | #5 |
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Doesn’t rare and uncommon mean the same thing? I don’t think calling it rare insinuates that it is some exotic car if thats where you’re going, I think we’re splitting hairs here.
I’ve seen less than 10 on the roads since the car was released, fair to call it a rare (or uncommon) car in my book. |
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05-18-2024, 12:22 PM | #6 |
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You also have to be careful when you look at a dealer's website and some of the auto trading sites. Many of the cars that they show are cars that are on order for customers - projected inventory at best because they are not physically on their lot and may not ever be for sale. When the order is entered with the factory, some AI bot takes the info on the car from BMW's computer system and automatically publishes it online. Not all dealers participate in this but most do. My car that I special ordered showed up on my dealer's website within a few weeks of me placing the order. It makes it look like the car is in inventory and available for sale - It even provides the VIN.
Here in the north metro ATL area, I have only seen two M240i and zero M2 cars in the past year. I see quite a few M340i, M440i, M4, 430i and 440i cars. There is even a recent MY M5 that I see parked in an office park near my home (that V8 sounds good but she is a big and heavy car). |
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05-18-2024, 12:22 PM | #7 |
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I believe the sales number for 2023 put the 2-series at around 20-24k sold, in USA.
Compared with some of the SAV that have had over 300k, it’s definitely not a common vehicle. |
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05-19-2024, 12:09 AM | #9 |
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I remember seeing it somewhere on BMW site (back when I just placed an order and was obsessively searching stuffs) that Mexico plant max annual production capacity was 100k-150k cars per year (not necessarily that it is currently producing at this speed though). That's for G42/G87/G20?
Like many chimed in, car backlog is not as bad as back in 2022/2023, but I've only run into like 10 G42/G87, so pretty rare.
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05-19-2024, 12:03 PM | #10 | |
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05-20-2024, 09:22 PM | #12 | |
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Both cars I saw a few weeks back had the carbon fiber roof. |
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05-24-2024, 01:29 PM | #14 |
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I want to see I've seen more M2s than M240is
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05-25-2024, 05:11 PM | #15 | |
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05-27-2024, 03:31 PM | #16 |
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Sorry to necro this kinda old post - where in VA are you? I'm down in Virginia Beach, and based on your wording I assume you're in the Hampton Roads area or Richmond. Would love to find more G42 owners down here, I've only seen 1 on Norfolk base and a couple on the roads.
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06-07-2024, 09:00 PM | #17 |
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I live in Loudoun County and I got a '24 230i. I've seen another G42 in this development, and a G87 (Zandvoort Blue) in Leesburg. I keep an eye out, and see one of them every once in a while.
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