PDA

View Full Version

: keep waiting for M2 or?


skiiipi
03-17-2016, 01:56 PM
So I just got a note from my dealership in Winnipeg

I was no 2 on their list.


"*No good news for you unfortunately.* BMW only gave us the one M2.* We really don’t have any clue if we will receive a second.* I would totally understand if you’d like to cancel your order and we would be happy to refund your deposit.* Is that what you’d prefer?



Sorry about this, "



So now I'm not sure if I should just reorder from another dealership and wait for 2017 or go for a different car.

And I did confirm that 1 car is all they will be getting for the entire year

The thing is I currently am an Alberta resident but will be moving to Toronto in June, if I end up waiting for the M2 I likely won't be able to register the car as an Albertan and end up paying 7 or 8k more in taxes. Vs. Buying another car now would save me close to 10% in taxes. (Is there a luxury tax on top of the hst in Ontario? )

So question is..should I wait for M2 or should I look at buying something else?
Budget is around 70k need 4 seats ideally
But it will mostly be an evening and weekend car

kchan
03-17-2016, 02:10 PM
in my honest opinion

if you really want the m2 - you wouldn't doubt yourself on it at all and keep on trying to get one

based on your previous post - it seems you are juggling between a P car and the M2

go with what you truly want - cant go wrong with either

skiiipi
03-17-2016, 02:18 PM
in my honest opinion

if you really want the m2 - you wouldn't doubt yourself on it at all and keep on trying to get one

based on your previous post - it seems you are juggling between a P car and the M2

go with what you truly want - cant go wrong with either


Most P Car is still a bit out of my price range for now.
So M2 seemed like a good choice but never knew getting a new car would be so challenging in terms of allocation and delivery

tofu1413
03-17-2016, 02:22 PM
how about buying a E92 M3 :troll:

kchan
03-17-2016, 02:35 PM
Most P Car is still a bit out of my price range for now.
So M2 seemed like a good choice but never knew getting a new car would be so challenging in terms of allocation and delivery

do you need a vehicle right now?

you mention about relocating - why not wait a bit more and save up for the P car you really want

seems to me you are just wanting to get something for now and eventually move to a P car down the road

skiiipi
03-17-2016, 03:14 PM
do you need a vehicle right now?

you mention about relocating - why not wait a bit more and save up for the P car you really want

seems to me you are just wanting to get something for now and eventually move to a P car down the road

Yea p car will happen one day
Might end up being a mid life crisis car
But for now I'm car-less so I want something relatively quick
Don't need a vehicle to commute so not super urgent
Debating calling every dealership in Toronto to see wait times
But also mad about having to pay hst

IINur
03-19-2016, 09:00 AM
try previous gen. C63. About the only auto tran. car that made me smile every time I drove it, just too much fun

nsx042003
03-19-2016, 10:00 AM
yea I concur on trying a E92 M3 :fullofwin:

bcrdukes
03-19-2016, 10:51 AM
The one thing I noticed about car culture or general attitudes about cars in Toronto are the following. Keep in mind, these are my personal observations and colleagues in Toronto feel the same way.

1. You live downtown and you have no car, or own a pedestrian car (i.e. Civic, Corolla, Sentra etc.) They have a functional transit and bike system.

2. People don't make a big deal if their cars have been scraped, bumped, hit, regardless of make/model/prestige (or lack of.) They accept it as a way of life, and most likely the M3 you saw with a huge scrape on the fender is the guy's daily beater and probably has a nicer toy in his/her three-car garage.

3. Cars are definitely more of a means of transportation than it is a lifestyle, if comparing to Vancouver.

If I worked downtown Toronto, I probably wouldn't own a car.

bcuzracecarz
03-19-2016, 11:30 AM
^^^ this, my buddy who is a huge car nut moved to Toronto and sold his car when he did. Since living there and being downtown he's had absolutely zero need for a car the whole time, and not only that, but the price of parking is heinous per month in a lot of buildings. Not being able to drive is one his main reasons he wants to come back to Vancouver, it's slowly killing him not needing a car.

Ferra
03-19-2016, 12:01 PM
similar situation, had around 70K budget. (around $1k/month 3yr lease)

I considered the M2, but didn't really like it that much
Wanted to order the 981 Cayman since last Nov, but they stopped production by then, and pretty much had no choice in current inventory.
Was going to order 718 Cayman, but the order guide is still not out yet, and the car probably won't be here till 2016 Winter or maybe early 2017. (718 Boxster is available for order and should be here by Late Summer or Fall this year)

The S5 is nice and around $8-900/month. But it feels really big and bulky, plus it is at the very end of its model life.
Also checked out the M3, but it was a bit more than what I wanted to spend ($1300-1400+/month with its shitty residual)

I needed a car, so in the end, I got a 2016 GTI for $320+tax a month :fuckthatshit: (Car is actually quite fun to throw around and comes with bunch of features even on the base model, like rear camera, carplay, digital performance monitor n boost gauge)

I thought if I can't get what I really wanted, might as well go cheap instead of spending $700-$900 on some "nicer car" that I don't really care for. (e.g. 335i, S5)
Plus now i have an extra $600-$700/month to spend on some other useless shit

If you like the M2 and don't "need" a car, I'd wait to get what you truly wanted.
Btw there is no luxury tax in Ontario.

Ferra
03-19-2016, 12:08 PM
The one thing I noticed about car culture or general attitudes about cars in Toronto are the following. Keep in mind, these are my personal observations and colleagues in Toronto feel the same way.

1. You live downtown and you have no car, or own a pedestrian car (i.e. Civic, Corolla, Sentra etc.) They have a functional transit and bike system.

2. People don't make a big deal if their cars have been scraped, bumped, hit, regardless of make/model/prestige (or lack of.) They accept it as a way of life, and most likely the M3 you saw with a huge scrape on the fender is the guy's daily beater and probably has a nicer toy in his/her three-car garage.

3. Cars are definitely more of a means of transportation than it is a lifestyle, if comparing to Vancouver.

If I worked downtown Toronto, I probably wouldn't own a car.
That mostly applies to the downtown hipster crowd :lol
Uptown here is more like Richmond in Vancouver...

I have a few friends who have been living and working in downtown without a car for many years tho. They go by fine, and they rent or use those car share program the few times a year they needed a car.
It is not very convenient especially during the weekend when you want to go somewhere outside of DT, but they definitely saved a ton of money not having a car and all its associated cost.

jjson
03-19-2016, 01:15 PM
similar situation, had around 70K budget. (around $1k/month 3yr lease)

I needed a car, so in the end, I got a 2016 GTI for $320+tax a month :fuckthatshit: (Car is actually quite fun to throw around and comes with bunch of features even on the base model, like rear camera, carplay, digital performance monitor n boost gauge)



$320+tax/month? Is this based on the 3 year lease?

bcuzracecarz
03-19-2016, 01:37 PM
2012 E92 BMW M3 Coupe Low KM 6SPD (http://vancouver.craigslist.ca/rds/cto/5497811609.html)

tofu1413
03-19-2016, 01:38 PM
jesus. 60k still..........

Ferra
03-19-2016, 02:13 PM
$320+tax/month? Is this based on the 3 year lease?
yup $317 + hst ($0 downpayment, only paid for PPSA and some air/tire tax $150 upfront)
the residual rate is very high (61%, which is great for you)
and 0% APR when you put down $2800 security deposit. (Otherwise 0.99% APR)

i offered the first dealer I visited and test drove the car 6% off the $28,595 MSRP. (Told them if they are ok, I sign on the spot, otherwise I go shop a few other dealers.) They accepted it right away.
Dealer invoice is $25980 (9%), so you can probably get it even less if you don't mind running around and haggling a lot.

MB C300 also had some really good lease deal ($450/month, with extra 3 months free), but no manual no cares.

kkttsang
03-19-2016, 04:27 PM
yup $317 + hst ($0 downpayment, only paid for PPSA and some air/tire tax $150 upfront)
the residual rate is very high (61%, which is great for you)
and 0% APR when you put down $2800 security deposit. (Otherwise 0.99% APR)

i offered the first dealer I visited and test drove the car 6% off the $28,595 MSRP. (Told them if they are ok, I sign on the spot, otherwise I go shop a few other dealers.) They accepted it right away.
Dealer invoice is $25980 (9%), so you can probably get it even less if you don't mind running around and haggling a lot.

MB C300 also had some really good lease deal ($450/month, with extra 3 months free), but no manual no cares.

28,595 for a new gti? I have been looking for one and they run for at least 36000. Is this price for leasing only or applies to cash purchase. Seems really good deal for a brand new gti. Is this in Vancouver? Which dealership?

nsx042003
03-19-2016, 04:51 PM
28,595 for a new gti? I have been looking for one and they run for at least 36000. Is this price for leasing only or applies to cash purchase. Seems really good deal for a brand new gti. Is this in Vancouver? Which dealership?

28595 is msrp, 36k with tax and various dealer charges sounds about right. With leases you don't pay tax on the whole thing, hence the low monthly payment.

nsx042003
03-19-2016, 04:54 PM
jesus. 60k still..........

Makes mine a very attractive deal :awwyeah:

Skiipi should wait though, and pick up a shitty car now and save enough to buy what you really want.

thumper
03-23-2016, 08:36 AM
skiiipi

i don't know if this was posted before because it is a month old:

2016 BMW M2 (http://vancouver.craigslist.ca/van/cto/5447200650.html)

2016 BMW M2 - $61000 (Vancouver)
2016 BMW M2

condition: new
cylinders: 6 cylinders
drive: rwd
fuel: gas
odometer: 10
paint color: grey
size: compact
title status: clean
transmission: manual
type: coupe

Due to changing priorities, I am looking to sell my early order 2016 M2. It is under production as metallic Mineral Grey with the 6 speed manual. There is no anticipated wait time.

kjb6t-5447200650%40sale.craigslist.org

77civic1200
03-23-2016, 06:49 PM
Brian Jessel got a couple in today if you wanted to see them without going to the car show. I assume they are sold so you probably won't be allowed test drives or anything

westopher
03-23-2016, 10:06 PM
try previous gen. C63. About the only auto tran. car that made me smile every time I drove it, just too much fun
No definitely don't do that.
Looking at 997s, M coupes, M2, etc, I can tell that that isn't what Skiipi has been looking for. Why by a practical 4 door automatic to fill the void you have been looking for a sports car to fill.
C63 = Practical car you can have fun in
M3/997/m2 = Fun car you can be practical with
Its a big difference.
I think its discouraging to have your name down, and then get told no dice after thinking its coming. Take a long thought to see if thats why you are wanting something else, or actually want something else. Personally, if I were to buy a new car right now, the M2 is absolutely the only car I'd consider if I was spending my own money. M3 would be an option if I had someone willing to toss me 20k.

skiiipi
03-24-2016, 05:34 AM
skiiipi

i don't know if this was posted before because it is a month old:

2016 BMW M2 (http://vancouver.craigslist.ca/van/cto/5447200650.html)


Thanks I just emailed him to ask

Auto west did offer me a grey automatic for delivery in April, but I wasn't going to settle for automatic.

skiiipi
03-24-2016, 05:35 AM
No definitely don't do that.
Looking at 997s, M coupes, M2, etc, I can tell that that isn't what Skiipi has been looking for. Why by a practical 4 door automatic to fill the void you have been looking for a sports car to fill.
C63 = Practical car you can have fun in
M3/997/m2 = Fun car you can be practical with
Its a big difference.
I think its discouraging to have your name down, and then get told no dice after thinking its coming. Take a long thought to see if thats why you are wanting something else, or actually want something else. Personally, if I were to buy a new car right now, the M2 is absolutely the only car I'd consider if I was spending my own money. M3 would be an option if I had someone willing to toss me 20k.

Thanks for the advice, yea I think I'll wait for now unless something amazing pops up on the used market.

belka
03-24-2016, 06:38 AM
jesus. 60k still..........

lol. People are asking way too much for their M3s right now. Maybe another year and I'll get the E90 I've wanted for a fair price.

Ferra
03-24-2016, 08:23 AM
The thing is I currently am an Alberta resident but will be moving to Toronto in June, if I end up waiting for the M2 I likely won't be able to register the car as an Albertan and end up paying 7 or 8k more in taxes. Vs. Buying another car now would save me close to 10% in taxes. (Is there a luxury tax on top of the hst in Ontario? )

just thinking...
if you had to pay 7-8K more in taxes to wait for an M2, you sure don't want to consider an M3?

20K is a lot more, but you could save 8K in taxes, that makes it much better
Plus, I am assuming $0 discount on the M2? Usually you can get 5-6% off on an M3, so you save another $4500.

I am biased tho, I like the look on the M3 a lot more than the M2. I would pay $20K more for the M3 if I can afford it. (in your case, the difference might be less than 10K after the taxes and discount difference)

You might have a hard time finding a manual M3 in stock tho. All the dealers I asked only kept auto in stock.

skiiipi
03-24-2016, 11:08 PM
just thinking...
if you had to pay 7-8K more in taxes to wait for an M2, you sure don't want to consider an M3?

20K is a lot more, but you could save 8K in taxes, that makes it much better
Plus, I am assuming $0 discount on the M2? Usually you can get 5-6% off on an M3, so you save another $4500.

I am biased tho, I like the look on the M3 a lot more than the M2. I would pay $20K more for the M3 if I can afford it. (in your case, the difference might be less than 10K after the taxes and discount difference)

You might have a hard time finding a manual M3 in stock tho. All the dealers I asked only kept auto in stock.

Thought has certainly crossed my mind.
Though I'd go for the M4 over the M3 I think

But after seeing the M2 today at the auto show....I really like the look of the car, it doesn't look too small and I love the front end and the rear fender bulges.

I think I will end up ordering a 2017 from a Toronto dealership and just play the waiting game.

skiiipi
03-25-2016, 09:06 PM
skiiipi

i don't know if this was posted before because it is a month old:

2016 BMW M2 (http://vancouver.craigslist.ca/van/cto/5447200650.html)

He replied he wants 10k for the spot

His response is below.

I$was looking for a few thousand dollars originally but due$to the fact the vehicle may now be limited availability similar to the 2011 1M,
I am looking for $10,000CDN to sell the spot.

twitchyzero
03-25-2016, 09:48 PM
i know that's only like the 15% of the price but still
i guess with the glowing reviews and limited initial production profiteering was bound to happen...either through craigslist or dealership markups.

even if i had the cash i would not want it that badly to go this route...this an early adopter premium as there will eventually be more supply...not a scarce aircooled Porsche that's appreciating in value because of dwindling inventory.

if you're itching quite badly for a fun car i'm sure there are many other worthy used vehicles for a fraction of the price that will keep you entertained in the meantime and could probably break even when you sell once the M2 inventory is a bit more established.

thumper
03-25-2016, 10:20 PM
He replied he wants 10k for the spot

His response is below.

sorry :(

death_blossom
03-25-2016, 11:16 PM
limited availability similar to the 1M? he needs to get his head out of the clouds, the M2 is supposed to be a mass produced vehicle.

Nlkko
03-26-2016, 09:52 AM
Lol 10k premium just for the spot. Just buy something used, M3, AMG. New car feel aint all that after couple months.

tofu1413
03-26-2016, 10:18 AM
used M4 coupe pricing dropping like bricks......... and i've got one that just landed here.


:lawl:

BoostedBB6
03-26-2016, 11:25 AM
used M4 coupe pricing dropping like bricks......... and i've got one that just landed here.


:lawl:

Wow are they ever.....thats insane. I wonder why there dropping like that.

skiiipi
03-26-2016, 12:20 PM
used M4 coupe pricing dropping like bricks......... and i've got one that just landed here.


:lawl:

Manual by chance?

tofu1413
03-26-2016, 12:21 PM
naw man. DCT. :okay: damned quick though. :lawl:


been watching the market, the F8X chassis cars are dropping. E9X M3's are still holding pretty solid.

Z3guy
03-26-2016, 02:13 PM
Yeah, m4 with low low miles are in the low 70s. Why don't you pick one up for a 1 or 2 yrs and when the m2 hype dies down a bit trade it in for a m2... For same money, I would take a 18 month old m4 with 10k Kms and extended factory warranty

westopher
03-26-2016, 02:27 PM
naw man. DCT. :okay: damned quick though. :lawl:


been watching the market, the F8X chassis cars are dropping. E9X M3's are still holding pretty solid.

Awesome. My wife really wants an f80 m3 in ymb in a couple years. If I can disguise that purchase as if it's her choice that would be fucking perfect.

tofu1413
03-26-2016, 02:32 PM
lol go look at black book on the 2015 M3's.....


you see it you'd be like :okay:

market price is one thing, and those that are priced in the 80s arent selling. im sure by summer they'd fall into the low 70's even 60's range




edit//


Revscene special for preowned F8X chassis cars for all! :lawl:

Gucci Mane
03-26-2016, 02:45 PM
Wow they really are dropping quick. It'll easily be a mid 40k car in couple more years.

noclue
03-26-2016, 06:41 PM
A full optioned M3/M4 is around $85K + freight and fees no? (not including the carbon ceramic brakes)
On autotrader the prices are around $75-82K..

Not that big of a discount used..
I think M4's depreciation will pick up when the 4-series facelift comes.

westopher
03-26-2016, 09:02 PM
Hmm after seeing the M2 in person I'm sure not into the long beach blue colour. Really doesn't do much for the car. Would have liked to sit inside it to feel the comparison to the drivers seat of my m3.

thumper
04-06-2016, 11:06 AM
the stig has spoken...

https://youtu.be/9y20rkWIa-4

thumper
04-11-2016, 04:53 AM
https://youtu.be/wP5z2cJ5aqk