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Doesn't make a lot of sense. The M240i is the sweet spot in my opinion.
A spec'd up 230i Sport is only $8K less than a similarly spec'd M240i (can easily get one to $50K, same as the M240i's base price). You add some weight, but your power goes from ~250hp to a still fairly 'usable' ~400hp.
The jump to the M2 is another $8K (at the very least) and you get ~50hp more (not really usable) with better suspension (too rough for many), nastier looks (to most), but also a more engaging 6MT option.
Just like most things in like the 'middle' option tends to have the best value. If you track 10x a year or absolutely need a 6MT, of course the M2 is the move... If you live where it snows, the M240i xDrive is the move.
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