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F87 M2 (2016 - current)
BMW will be unveiling the upcoming F87 M2 and this is the place to talk about it. Are you adding one of these to your garage?

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  #1  
Old 05-26-2019, 05:52 PM
bemwww bemwww is offline
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Location: Phoenix
 
Join Date: Jan 2014
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Mein Auto: 18 M2 - Metallic Blk
18 months into lease

It's 2018 m2 black sapphire. DCT. No moon roof.
13,200 miles

What's the best thing to do with the car. Put aside any caveats. If I need it. Family. Etc.

Keep it? If I do I'm considering flipping it for little profit. I seen used car prices on M2. Buyers really paying low 50's?

Ride out the lease. Turn it in.

SwapAlease it? Maybe receive small down payment?
If this route then just get into a short lease.

Others?


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  #2  
Old 05-26-2019, 06:59 PM
Autoputzer Autoputzer is offline
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Buying your car off-lease is no longer the bargain it once was. There's a thread on this in Ask A Dealer.

Leasing a BMW usually works out to the about the same cost as keeping one four to six years. If you have a short automotive attention span, continue leasing. I doubt the new M2 will be out in another 18 months. So, buying you leased M2 or upgrading to the new M3 might be options, where leasing the next M2 might not be.

BMW has limited M2 production to prevent cutting into sales of M3's and M4's. The M3 is now out of production. The M4 will soon be out of production. Until the new M3's and M4's are out, the will no longer be an incentive for BMW to limit M2 production. BMW could drastically ramp up M2 production with the click of a mouse (due to their highly automated factories). If they do this for the last year or so of the current M2's production, expect dealer discounts and drops in the values of used M2's. I had one of the first E46 M3's, being at almost the front of the waiting list. The car did not depreciate anything in the first year. But, by the end of the second year supply had caught up with demand, and the car depreciated normally (about 20%).

I'm going to tell my BMW salesman that if there comes a time when he's willing to split the difference between MSRP and dealer invoice on the current M2, he needs to give me a call. I'm also going to tell him that otherwise, I'll stop by and show him my new Carrera S in a few years.
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Old 05-26-2019, 06:59 PM
Autoputzer Autoputzer is offline
Officially Welcomed to the 'Fest
Location: NW Floriduh
 
Join Date: Mar 2014
Posts: 8,828
Mein Auto: 2014 535i + 2018 X3 30i
Buying your car off-lease is no longer the bargain it once was. There's a thread on this in Ask A Dealer.

Leasing a BMW usually works out to the about the same cost as keeping one four to six years. If you have a short automotive attention span, continue leasing. I doubt the new M2 will be out in another 18 months. So, buying you leased M2 or upgrading to the new M3 might be options, where leasing the next M2 might not be.

BMW has limited M2 production to prevent cutting into sales of M3's and M4's. The M3 is now out of production. The M4 will soon be out of production. Until the new M3's and M4's are out, the will no longer be an incentive for BMW to limit M2 production. BMW could drastically ramp up M2 production with the click of a mouse (due to their highly automated factories). If they do this for the last year or so of the current M2's production, expect dealer discounts and drops in the values of used M2's. I had one of the first E46 M3's, being at almost the front of the waiting list. The car did not depreciate anything in the first year. But, by the end of the second year supply had caught up with demand, and the car depreciated normally (about 20%).

I'm going to tell my BMW salesman that if there comes a time when he's willing to split the difference between MSRP and dealer invoice on the current M2, he needs to give me a call. I'm also going to tell him that otherwise, I'll stop by and show him my new Carrera S in a few years.
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  #4  
Old 07-14-2019, 10:35 AM
bemwww bemwww is offline
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Location: Phoenix
 
Join Date: Jan 2014
Posts: 88
Mein Auto: 18 M2 - Metallic Blk
Any other advice


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15 428i Grand Coupe - Alpine White - Sports Line
08 328i Coupe -SOLD
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  #5  
Old 07-15-2019, 11:00 AM
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David1 David1 is offline
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Mein Auto: 07 X3 and 335i
You will loose your ass. keep it or swap a lease.
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  #6  
Old 11-14-2019, 12:29 PM
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WilliCO WilliCO is offline
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Location: Castle Pines, Colorado
 
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Mein Auto: 2016 Chevrolet Tahoe
I say ride out your lease, turn it in, walk away, and start fresh.

If you have a good lease, it's probably bad in terms of buyout price. The factors that make one good make the other bad.

Swapalease, in my opinion, is the land of the desperate. To my inexpert eye, as much as 2/3 of the listings there appear to be made by people nervous about something they will face when they turn in the car, and they're trying to get someone else to take on their problem. Mostly it's high mileage but could be worse. If you happened to throw any $ at your lease to buy down the payment, forget about anyone making you whole.

I assume you're on a 36 month lease; you're pretty much halfway there. Enjoy the car.
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