BMW M4 Competition Price: Comprehensive Guide for 2024
Overview of the BMW M4 Competition
Introduction to the BMW M4 Competition
The BMW M4 Competition has been a symbol of performance and luxury since its introduction. Known for its sporty aesthetics and powerful engine, the M4 Competition blends the best of BMW’s engineering and design. The 2024 model continues this tradition with enhanced features and advanced technology.
Key Features and Specifications
Engine and Performance
The 2024 BMW M4 Competition boasts a 3.0-liter BMW M TwinPower Turbo inline 6-cylinder engine. This powerhouse delivers 503 horsepower and 479 lb-ft of torque, allowing the M4 to accelerate from 0 to 60 mph in just 3.8 seconds. The engine is paired with an 8-speed M Steptronic automatic transmission, providing smooth and responsive shifts.
Interior and Exterior Design
The interior of the M4 Competition features high-quality materials and cutting-edge technology. Options include full Merino leather upholstery in various color combinations and carbon fiber trims. The exterior is equally striking, with aggressive lines and aerodynamic elements that enhance both aesthetics and performance. Standard features include 19″/20″ M forged wheels and an active rear spoiler.
Technological Advancements
The 2024 M4 Competition comes equipped with BMW’s latest iDrive 8 system, offering a seamless infotainment experience. The system includes a high-resolution 14.9-inch touchscreen and a 12.3-inch digital instrument cluster. Advanced driver assistance features such as adaptive cruise control, lane-keeping assist, and automated parking are also standard.
Pricing Details for the 2024 BMW M4 Competition
Starting MSRP
The starting MSRP for the 2024 BMW M4 Competition is approximately $79,980. This base price includes essential features such as the high-performance engine, M Sport seats, and a comprehensive safety package. Prices can vary slightly depending on the dealership and region.
Cost of Optional Features and Packages
The BMW M4 Competition offers numerous optional packages that can significantly impact the final price. Popular packages include:
- Executive Package: Adds features like a head-up display, gesture control, and a heated steering wheel for an additional $3,000.
- M Carbon Exterior Package: Includes carbon fiber mirror caps, a rear diffuser, and front air inlets for $4,700.
- Driver Assistance Package: Offers advanced safety features like traffic jam assist and active driving assistant for $1,700.
Customization options such as unique paint finishes, premium wheels, and upgraded interior trims can also add to the cost.
Price Comparison with Competitors
When compared to its main competitors, the BMW M4 Competition offers a competitive price point. The Audi RS5 starts at around $75,000, while the Mercedes-AMG C63 begins at approximately $82,000. Both models provide similar performance and luxury features, making the M4 a compelling choice in the high-performance coupe segment.
Financing and Leasing Options
Financing Options
Financing a BMW M4 Competition can be done through various financial institutions, including BMW Financial Services. Typical loan terms range from 36 to 72 months, with interest rates varying based on credit score and down payment. It’s advisable to shop around for the best rates and terms to ensure a favorable financing deal.
Leasing Options
Leasing the M4 Competition is another viable option, particularly for those who prefer to drive a new car every few years. Lease terms typically range from 24 to 48 months, with monthly payments starting around $1,200, depending on the down payment and mileage limits. Leasing often includes maintenance packages, reducing overall ownership costs.
Additional Costs of Ownership
Maintenance and Servicing Costs
Maintaining a high-performance vehicle like the BMW M4 Competition involves regular servicing. Scheduled maintenance includes oil changes, brake inspections, and tire rotations. Annual maintenance costs can range from $1,000 to $1,500, depending on usage and driving conditions.
Insurance Costs
Insurance for the BMW M4 Competition is generally higher due to its performance capabilities and luxury status. Annual premiums can range from $2,000 to $3,000, influenced by factors such as the driver’s age, location, and driving history.
Depreciation and Resale Value
The M4 Competition tends to hold its value well compared to other luxury sports cars. Depreciation rates are typically around 20% in the first year and 50% over five years. To maintain resale value, it’s crucial to keep the vehicle well-maintained and documented.
Reviews and Expert Opinions
Performance Reviews
The BMW M4 Competition is lauded for its exceptional performance. It offers a thrilling driving experience with precise handling and robust acceleration. Automotive experts praise its balance between daily drivability and track-ready performance.
Customer Reviews
Owners of the 2024 BMW M4 Competition have expressed high satisfaction with the vehicle. Common praises include the car’s powerful engine, luxurious interior, and cutting-edge technology. Some owners have noted the stiff ride as a downside, but overall, reviews are overwhelmingly positive.
Expert Opinions
Experts from leading automotive publications have given the M4 Competition high marks. It has been recognized for its innovation, performance, and design. Awards and accolades for the M4 further cement its status as a top contender in its class.
Buying Tips and Recommendations
Best Time to Buy
The best time to buy a BMW M4 Competition is typically during end-of-year sales events or when new models are released. Dealerships often offer incentives and discounts to clear out inventory. Additionally, shopping during holiday sales can yield better deals.
Negotiation Tips
Negotiating the best price for the M4 Competition involves being well-informed and prepared. Research current market prices, be aware of any available incentives, and don’t be afraid to walk away if the deal isn’t favorable. It’s also beneficial to get quotes from multiple dealerships to leverage better offers.
Certified Pre-Owned Options
For those looking to save on costs, a certified pre-owned (CPO) BMW M4 Competition is a great alternative. CPO vehicles undergo rigorous inspections and come with extended warranties, providing peace of mind and significant savings. Prices for CPO models typically range from $60,000 to $70,000, depending on mileage and condition.
Performance Enhancements and Aftermarket Options
Performance Upgrades
For enthusiasts looking to enhance the performance of their BMW M4 Competition, several aftermarket options are available. Popular upgrades include:
- Exhaust Systems: Upgrading to a high-performance exhaust system can improve both sound and power output.
- Suspension Kits: Adjustable coilovers and performance springs can enhance handling and ride quality.
- Engine Tuning: ECU remapping and tuning can unlock additional horsepower and torque.
Cosmetic Enhancements
Cosmetic enhancements can personalize the look of the M4 Competition. Options include custom paint jobs, carbon fiber body kits, and unique wheel designs. Interior upgrades such as custom upholstery and advanced audio systems can also add a personal touch.
Track Day Preparation
For those planning to take their M4 Competition to the track, certain preparations are recommended. Upgrading to high-performance brake pads and tires can improve safety and performance. It’s also advisable to invest in a professional alignment and thorough inspection before hitting the track.
Future Outlook for the BMW M4 Competition
Upcoming Features and Innovations
BMW continues to innovate with each new model year. Future iterations of the M4 Competition are expected to include advancements in hybrid technology, improved driver assistance systems, and further refinements in performance and design.
Market Trends
The market for high-performance luxury coupes remains strong, with increasing demand for vehicles that offer both performance and everyday usability. The BMW M4 Competition is well-positioned to continue its success, appealing to a broad range of enthusiasts and luxury car buyers.
Long-Term Value
Investing in a BMW M4 Competition is likely to yield long-term satisfaction and value. With its strong performance, luxurious features, and robust resale value, the M4 Competition is a smart choice for those seeking a high-performance coupe.
Final Thoughts
The 2024 BMW M4 Competition offers a compelling blend of performance, luxury, and advanced technology. With a starting price of around $79,980, it provides excellent value compared to its competitors. Whether financing, leasing, or buying certified pre-owned, the M4 Competition is a worthy investment for driving enthusiasts. With proper maintenance and care, it promises to deliver an exhilarating driving experience for years to come.
