As recently as early this year, signs that special production car residuals were falling became evident. It was bound to happen as the market was for a time fairly crazy. The recipe was simple; pony up for a limited production car, turn around and list it for sale for 50% more money or more, and profit! We saw this in BMW’s limited M4 GTS back in 2016; I looked at a M4 GTS that was listed at $200,000:
2016 BMW M4 GTS
As a quick reminder, the M4 GTS was the stripped-down, hardened up version of the M4. BMW utilized a water injection system to raise horsepower to 493, while heavy (pun intended) use of carbon fiber helped keep the curb weight down to 3,550. All M4 GTSs made use of the 7-speed DCT dual-clutch transmission. They were limited to four colors; Sapphire Black metallic, Mineral Gray Metallic, Alpine White and Frozen Dark Gray Metallic. Only 300 were sent to the U.S., ensuring this was not only a track weapon, but a future collectable as well – and prices skyrocketed as soon as you couldn’t buy a new one.
So how has the M4 GTS market held up?
Often we ignore really modern cars on these pages. It’s not necessarily that they’re not exciting – often it’s quite the opposite. For me, it’s just that they’re not exciting to see for sale because they’re still effectively cars that you can walk into a dealership and buy. And I’m sorry, while they can thoroughly out-perform older cars in virtually every way, you can’t just walk into an Audi dealer and buy a brand new Quattro, can you!
But impressive these cars are, and if you can look into the future in having one as a potential special car to see in the future, you can balance a hefty discount from new with near-new status and have quite a savings over stock, too. Two encounters with modern BMWs recently have my eyes trained on the pair you see here; the M4 and the M2. For around the same discount sticker price, which is the one to get?
Walk into a dealership, spend far too long with someone you would never willingly sit with, fork over a seeming obscene amount of money and you’re guaranteed of one thing; your new car is “new” until the moment you sit in it. Drive out of the dealer valet area, and suddenly the value of your car plummets. At least, that’s the predominant theory. And in most cases, that is a rule which works. But there are certain cars where depreciation isn’t really part of the equation. If you were lucky enough to buy one of these special cars, your used example may actually be worth more than a brand new one. Huh?