2023 BMW M2 price and specs

The 2023 BMW M2 is due in Australian showrooms early next year, priced from $119,900 plus on-road costs – or as much as $17,000 more than the outgoing model in its final form.

Revealed this morning, the new M2 builds on the standard new-generation 2 Series coupe with a more powerful twin-turbo six-cylinder engine from BMW M's larger cars, an aggressive new look, high-tech interior, and a sharper chassis.

Prices will start from $119,900 before on-road costs in Australia when local deliveries begin in the first half of next year – with a choice of six-speed manual and eight-speed automatic transmissions for no additional cost.

That represents a price rise of $17,000 for the manual and $10,000 for the automatic over the previous M2, which in Competition trim in its final year (2021) cost $102,900 to $109,900 plus on-road costs, depending on transmission.

It's not the most expensive BMW M2 ever sold, as that remains the $147,400 plus on-road costs M2 CS automatic – and it's still cheaper than an entry-level M3, which is priced from $153,500 plus on-road costs. The standard 2023 M240i xDrive is $91,900.

A high level of standard equipment will be fitted to Australian-market models, including a carbon-fibre roof, and a number of comfort and safety features optional in European markets.

Power will come from a 338kW/550Nm 3.0-litre twin-turbo inline six-cylinder engine derived the M3 and M4, driving the rear wheels through a choice of six-speed manual or eight-speed auto gearboxes.

Highlights under the skin include adaptive suspension, 380mm six-piston front and 370mm single-piston rear steel brakes, 19-inch front and 20-inch rear alloy wheels, and an active rear differential.

For a deeper dive into everything the new BMW M2 offers in terms of performance, click here to read our global reveal story published earlier this morning.

Standard features in Australia will include adaptive LED headlights, dual interior screens, heated electric M Sport seats, Vernasca leather upholstery, wireless phone charging, a head-up display, tri-zone climate control, and a Harman Kardon surround sound system.

Standard driver-assistance features include autonomous emergency braking, lane departure warning, blind-spot monitoring, rear cross-traffic alert, and either regular cruise control in manual models, or adaptive cruise cruise control with stop and go in automatic cars.

A $14,500 M Carbon Experience package is available as an option, which includes lightweight M Carbon bucket seats, Merino leather upholstery, a higher top speed limiter (285km/h vs 250km/h), and vouchers for two BMW M performance driving courses.

The 2023 BMW M2 is due in Australian showrooms in the first half of next year.

Note: All prices above exclude on-road costs.