What's the difference?
Coupes are back.
Heading into the second half of the 2020s, buyers of affordable sports cars seem better-served for choice than when the current BMW 2 Series Coupe surfaced earlier this decade.
Mazda’s MX-5 keeps gently evolving. Toyota and Subaru have rejuvenated their respective firecracker 86/BRZ twins. The glorious Nissan Z is as evocative as it is entertaining. The recent Ford Mustang revamp serves rousing American muscle car. The reborn Honda Prelude looms as a hybrid hero. And even Audi’s TT is set for resurrection soon.
All reinvigorate the genre. Just like the (G42) 2 Series Coupe, the third in the series since 2007, released during 2021 and facelifted in 2024.
Here we revisit the M240i xDrive, our favourite version (sorry, M2 owners), to see if it remains the definitive brand experience.
Being a true Jack of all trades in the car world is rare.
Generally speaking, a vehicle is either capable or comfortable. Attractive or aerodynamic. Practical or performance orientated. And problems arise when cars try to do all those things well, all at the same time.
Which make the Lexus LC 500 Convertible such an interesting proposition. Because it is, without doubt, stylish, and lavishly equipped. It’s also rather large and rather heavy. All of which is perfect for cruising the Bondi foreshore.
But it’s also equipped with a thumping V8 engine and a throaty exhaust that sounds like bricks in a blender on the overrun. It’s stiffer than the LFA supercar, and plenty powerful, which should deliver one of Lexus’ sportiest-ever drives.
So can the LC 500 really do it all? Let’s find out.
It may be expensive for a small coupe. And EVs have reframed performance standards to the detriment of most internal combustion engine sports cars like this – at least for acceleration times. But the M240i xDrive Coupe is far more than just about numbers, imbuing the soul and spirit of what makes this brand’s vehicles so enjoyable and memorable to drive.
A unique and most-welcome survivor today, the MY25 makeover takes all that, and improves the interior, to be at the heart of what BMW has traditionally done best (styling aside). We found parting with it at the end of our term very difficult.
Stunning to behold, and even more so to listen to, the LC 500 Convertible with no doubt turn as many heads as its owners surely want it to. It's not the final word in performance, but it's a lavishly equipped transporter none the less.
BMW has iconic form when it comes to coupe, err, form.
Consider the timeless E9 Coupe of 1968, its elegant E24 6 Series successor of 1976 and the chiselled E31 8 Series of 1990.
Even the sinewy E82 1 Series Coupe of 2007 still resonates.
But, despite boasting long-nose/short-tail proportions, today’s G42 looks awkward from some angles, like a Lego version of the preceding F22 of 2014, complete with cartoonishly aggressive detailing that don’t sit happily on the car.
Not Munich’s finest moment. Still, as one of the last surviving small coupes, we’re still very glad it exists. And, in a rare case of more being more, this M240i’s body kit disguises some of the heavy-handedness.
So, what’s new here? Barely earning the facelift tag outside, the MY25 2 Series Coupe gains extra colours, restyled alloys and revised exterior trim, with more body paint in the lower parts and rear apron, as well as high-gloss black for the M240i’s mirror caps.
Inside, the modifications are more profound, updating to BMW’s 'Operating System 8.5', offering improved functionality and all housed within a fetching, single-piece rectangular display screen that also takes in the instrumentation.
Along with a flat-bottomed steering wheel, redesigned air vent knobs, fewer buttons, revised trim and different ambient lighting, they refresh what was a dated-looking cabin.
It’s eye-catching, the LC 500, if big, bolshy convertibles are your thing, and especially viewed front-on, where the aggressive nose design ends in a sharp crease in the mesh grille. I love the headlight design, too, which bleeds back into the body work, but also merges with the vertical light cluster that bookends the grille.
The side view is all shining alloys and sharp body creases, too, leading to an oversized boot that stores the fabric, aluminium and magnesium roof structure, which drops or raises in 15 seconds at speeds of up to 50km/h. The design fits into what Lexus calls an “impossibly small space behind the seats”.
Inside, it’s a snug but luxurious space, wrapped largely in leather and equipped with a wealth of technology. It’s a point we’ve made before, but why Lexus perseveres with its trackpad infotainment control technology is beyond us, but there’s no denying the cabin of the LC 500 is a wondrous place to spend time.
We particularly like the integration of the centre screen, which is recessed beneath the leather-wrapped edge of the dash. While some look like an afterthought, this appears to have been included in the broader design philosophy.
You could be forgiven for thinking you’ve stepped into a mid-sized rather than small coupe, with today’s G42 being larger in every area except wheelbase than an E46 3 Series Coupe of about 25 years ago.
Length, width, height and wheelbase dimensions are 4548mm, 1838mm, 1404mm and 2741mm, respectively, which make for a surprisingly easy-to-access and spacious cabin – at least for adults up front.
In fact, if nobody is sat behind, even a 200cm-plus individual can stretch out. German cars are great at accommodating the 99-percentile people. And head room’s not bad either, even with the standard sunroof.
BMW’s are about driving, so no shocks to learn that the M240i’s driving position is first class. Sat low and snug, this is a suitably sporty yet incredibly comfortable and high-quality environment, aided by nicely bolstered M Sport seats, a lovely steering wheel and a beautifully presented dashboard. Everything fits like a glove.
If the notion of reducing the number of buttons in the newly-extended electronic interface raises red flags (how many times have we moaned about this in most software-based Chinese vehicles?), rest assured: the M240i’s ergonomics are spot-on.
There are still plenty of switches alongside the iDrive controller and gearshifter for all major vehicle functions, Porsche-style, as well as big old physical buttons for the (soaring) audio, to back up the screen shortcuts for more-detailed functions. It only takes a few moments to learn how easy and intuitive the whole set-up is. BMW leads the way here.
Crisp, clear and colourful digital graphics almost make up for the fact that the gorgeous old analogue dials of old are extinct. Instead, the company serves up unremarkable angular instrument displays and electronic readouts. Very comprehensive and informative, they do the job, but are utterly bereft of character or style. It’s as if Munich’s designers have forgotten how to make things look pretty nowadays. Hang on, do we see a pattern emerging here?
More solid Teutonic sensibility – this time far-more artfully served up – can be found in the excellent ventilation system, ample console-sited storage and pleasingly deep door pockets, highlighting how easy the M240i is to live with.
Crash regulations demand central posts, so no pillarless sides unfortunately in this modern coupe, but frameless door glass is nice (and assists in entry/egress when retracted), enhancing that sporty sensation.
The flipside is poor side and rear vision for the driver, but – frankly – it is otherwise difficult to fault the M240i’s interior layout and presentation.
Even the back-seat area tries hard.
The seats whirr forward and back (slowly) to increase/decrease the narrow aperture as required (using a shoulder-height lever within easy reach), though you’ll need to be pretty flexible accessing the two-person buckets that await. Once ensconced there, there’s sufficient space, padding and support for most folk of up to about 180cm to travel in reasonable comfort, as long as the front-seat occupants aren’t in maximum chaise longue mode and journeys aren’t too long. The quite-upright backrest angle can’t be adjusted.
Just ensure the climate control is on. Things can become pretty stuffy, quickly. And be thankful for the air vents, extended glass area, middle armrest with cupholders and reading lights.
Further back, there is a large-ish, 390-litre boot with a low, wide and flat floor, that can be extended by tugging on a handle to drop the 40/20/40 split/fold backrests as required.
The usual tie-down hooks, lighting and power outlets are present, but you’ll search in vain for a space-saver wheel. Just the dreaded 'tyre mobility kit' that – once deployed – will likely ruin your tyre and cost hundreds to replace. No thanks.
A gashed tyre. No phone coverage. What a way to ruin a great drive day out on your favourite rural roads and in such an immensely enjoyable car. Australia demands a spare tyre.
It’s not, really. But then, what were you expecting?
As mentioned above, the interior feels snug for upfront riders, but not in a bad way. More that elements of the interior feel like they’re reaching out to greet you, leaving you with the impression of being tucked into the cabin.
Backseat riders are out of luck, though, with the seats really only reserved for emergencies. Legroom is tight, and while Lexus promises the roofline is about on-par with the Coupe, it’s not going to be a comfortable journey.
The LC 500 Convertible stretches 4770mm in length, 1920mm in width and 1350mm in height, and it rides on a 2870mm wheelbase. It will sit four at a pinch, and provide 149 litres of luggage space.
There are two ISOFIX attachment points in each of the rear seats, as well as top-tether points.
The good news is, the G42 in 230i and flagship M2 retain the traditional longitudinal-engined/rear-wheel drive set-up, though the M240i has all-wheel drive (xDrive in BMW-speak) to help keep things under control.
All the other existing 2 Series models (basically, those with more than two doors) are transverse/FWD-derived.
Now, the bad news is that, from $102,100 (all prices are before on-road costs), the M240i is considerably more expensive than before. You can no-longer buy a traditional six-cylinder BMW coupe for under six figures. The continuing 230i Coupe, from just under $80K, uses a (albeit lovely) four-pot turbo.
At least the Mexican-made M240i isn’t short of equipment.
You’ll find an 'M Aerodynamics' package, 'M Sport' package that includes drive modes, M suspension with adaptive dampers, M brakes, M differential, M variable steering and M… more.
Additional items include adaptive LED headlights, leather upholstery, electric and heated sports front seats with driver’s side memory, climate control, sunroof, adaptive cruise control, paddle shifters, a 12.3-inch instrument cluster, a 14.9-inch multimedia display, 'Hey, BMW' voice control, a heated steering wheel, a head-up display, auto parking, a surround-view camera, 14-speaker Harman Kardon audio, digital radio, wireless charging, Apple CarPlay/Android Auto, emergency services access as part of a three-year subscription, electric heated/folding M exterior mirrors, ambient lighting, 19-inch alloy wheels and a tyre-repair kit – in lieu of a spare wheel.
Our car as-tested also included 'Brooklyn Grey' metallic paint ($1700), 19-inch M light alloy wheels with performance tyres ($2800) and the M Sport Package Pro material/trim package ($1900), helping to bump up the price to $108,500. No reversing nearside mirror-dip is a bit stingy, though.
Still, there’s also a decent wad of advanced driver-assist systems, including AEB front and rear, lane-support tech and various monitors. Read more about that and more in the safety section below.
The near-$20K price jump since 2022 also means the M240i is now more expensive than the Z Nismo and Mustang Dark Horse and is now rubbing shoulders with the (BMW-based and built) Toyota Supra Track Edition and even the MG Cyberster Dual Motor.
And, speaking of electric vehicles, as before, the now-$81K Tesla Model 3 Performance’s astounding 3.1-second acceleration is in another league.
No, the M240i is about traditional BMW values harking back to 'The Ultimate Driving Machine' era. Premium, driver-focused German grand touring sports luxury coupe, cabriolet or convertible.
From that perspective, the two-door 2 Series is the cheapest by a fair margin and in a league of its own.
It costs $214,000 - and that’s rather a lot of money - but unlike some premium and luxury cars, with Lexus, once you’ve handed over the cash, that’s it. There’s no tempting option list to lure you into parting with even more of your hard earned.
And I mean that literally - Lexus proudly proclaims that “there is no option list” for the LC 500 Convertible, so suffice it to say it arrives with plenty of gear.
Take a deep breath…
You get 21-inch two tone alloys, triple-stack LED headlights, keyless entry, retractable door handles and rain-sensing wipers outside, while inside, you’ll find dual-zone climate, leather-accented seats which are heated and ventilated, neck-level heating for when the roof is down, a heated steering wheel and sports pedals.
The tech stuff is handled by a 10.3-inch centre screen with Apple CarPlay, Android Auto and on-board navigation, both of which are controlled via Lexus’ impossible-to-kill touchpad. There’s a second, 8.0-inch screen for the driver, and the lot pairs with an impressive 13-speaker Mark Levinson stereo.
There’s also a heap of safety stuff, but we’ll come back to that in a moment.
If that’s not enough for you, you can spring for the Limited Edition, which is $234,000 for each of its 10 available examples. It arrives in a unique Structural Blue hue, with a white leather interior with blue highlights. It is designed to be the most blue of blues, too, with Lexus saying the paint colour was the result of a 15-year research project. Which sounds like a thrilling way to spend a decade and a half.
As before, the M240i employs a 3.0-litre direct-injection turbo-charged in-line six-cylinder petrol engine, making a heady 285kW of power at 6500rpm and 500Nm of torque between 1900rpm and 5000rpm.
A ZF-supplied eight-speed torque-converter automatic transmission is fitted (and, sadly, no manual is available), driving all four wheels via an AWD system with an M Sport-tuned differential.
It’s a lusty power plant, this one, and not something you immediately expect to find in a luxurious Lexus convertible.
The 5.0-litre V8 produces 351kW and 540Nm - 260kW of which arrives from 2000rpm - and it sounds like a God of Thunder as it’s doing it.
It pairs with a 10-speed automatic and sends all that grunt to the rear tyres, with Lexus’ Active Cornering Assist and a mechanical limited-slip differential helping you to not make a mess of things when tackling corners.
Rated as a Euro 6d-compliant vehicle, the M240i’s average combined fuel consumption figure is 8.0 litres per 100km, for a carbon dioxide emissions average of 185 grams/km.
With a 52-litre tank brimmed with premium unleaded petrol (98 RON minimum is recommended), that should result in about 650km between refills on average.
Over a mix of urban and highway driving, we managed 8.9L/100km, which is better than the pre-facelift version’s 9.6L/100km. That’s impressive stuff for a performance-orientated sports coupe.
Remember when I said it was lusty V8? When has that ever been good news for fuel use?
Lexus reckons you’ll get 12.7L/100km on the combined cycle, but the temptation of all that grunt will pretty much ensure that never happens. Emissions are pegged at 290g/km of C02.
The LC 500 Convertible’s 82-litre fuel tank only accepts 98RON fuel.
The M240i xDrive’s specification reads like it’s straight out of BMW fan fiction.
Nestled within a shrunken 3 Series-derived 'CLAR' platform brandishing near-50:50 weight distribution, stuffed between beefed-up struts up front, is a strident in-line six, driving the rear or all four wheels via an M Sport differential and held up by a multi-link rear axle.
The promise here is an athletic driving machine on one hand and a cosseting grand tourer on the other, but whether the M240i can walk that fickle red line as effortlessly four years on… well, that’s what we’re here to find out. As we said earlier, sub-3.5s Teslas and the like have really messed with the bang-for-your-buck playbook since 2021.
Luckily, the reality only reiterates the 2 Series Coupe’s place in the sun. Rather than the anodyne (or artificial) whine of an electric motor, here instead is one of the greatest modern engines in the world, mated to arguably the best auto transmission ever in existence.
That’s a terrific start. And, once the button is pressed, the M240i’s performance bandwidth is deeply moving and immensely satisfying.
With a kerb weight of 1690kg, the M240i’s power to weight ratio is an impressive 168.6kW/tonne, helping it to scoot from standstill to 100km/h in 4.3 seconds, on the way to an electronically-limited top speed of 250km/h. Note that the M2 flagship is just 0.3s quicker to 100.
Pottering about town in its most benign ('Eco Pro') setting, the B58-hearted Bimmer slinks about gingerly, purring like a content tabby while skimming along over all sorts of urban roads like a luxury car costing a lot more should, taking everything in its stride. Given this is what driving is like for most people most of the time, the BMW nails it.
More throttle unleashes a surging snarl as the BMW’s speed steps up, with varying degrees of urgency according to the driver’s will and desire. Racing up through the gears, the German straight six feels like it has barely stirred; like things are just warming up.
In conjunction with Sport mode, here is where the M240i really starts to take off, leaping into action, engine roaring as speeds soar as if every road is a stretch of derestricted autobahn. The pace of this coupe is quite remarkable. Planted yet precise, the steering firms up as the chassis hunkers down, and you’re left in awe of how calm and composed the car constantly feels. Even in pouring rain.
As the roads start to snake and twist, the BMW glides through the chosen line with startling grip and confidence, without ever feeling nervous or twitchy in standard traction settings, regardless of surface or weather conditions. That’s the AWD doing its thing.
The M240i is all about nuance and control, whether you’re talking steering, handling, roadholding, braking or electronic intervention. It is refreshing to feel so connected to the driving experience so intimately.
As we said back in 2022, plonking for Sport Plus mode, with the stability and traction nannies neutered, is an easy street to big old oversteer spills and thrills, if so desired.
And then, you’re back in Eco Pro, crawling along in cocooned comfort and relying on the ADAS tech to waft you along, before being back in 'Individual' mode as the road ahead clears, with powertrain in 'Sport' but the suspension in 'Comfort'; just right for times when you just want to streak ahead of slower traffic without pummelling your spine. It’s all there for you. The M240i can do it all.
Inevitably, in Sport mode the ride’s firmness can be fatiguing on bad urban roads. Likewise, the tyre noise over coarse bitumen is tiring over longer drives. And it is all too easy to exceed the speed limit.
Earlier, we said we prefer this over the extroverted, track-focused M2, despite the latter’s astounding speed, thunderous soundtrack and tremendous dynamic capabilities, and that’s because of the M240i’s ability to deliver pleasure with everyday user-friendliness. Plus, the performance flagship is only 0.3s quicker to 100.
Maybe the latest base manual M2 might change our minds.
As it stands, on the move, the M240i is BMW in full flight, staying true to brand values but without frying your nerves or depleting your bank account too much. We love it and you should too.
It’s a tough nut to immediately crack, the LC 500 Convertible.
It feels like it really wants to be a super-accomplished performance car, and on longer, more sweeping bends it is, with that thick flow of power ensuring you simply surf through corners before rocketing out the other side, the air filled with that growling exhaust note as your right foot finds its way to the carpet.
But on the tighter stuff, there are some factors that play against it. The suspension feels sorted and that engine is always willing to deliver, but for mine, the steering and brakes felt a little disconnected from the experience, not inspiring much in the way of late-braking confidence. And then there’s the sheer two-tonne-plus weight of the thing, which can’t be totally hidden, even by Lexus’ best wizardry.
Don’t get me wrong, it’s very capable, even on surprisingly tight stuff. It’s just that there’s something of a disconnect between car and driver.
That’s not a bad thing, really. Are you really buying a premium convertible to attack a mountain pass? Probably not. And keep it flowing through corners and the LC 500 Convertible will keep a smile painted on your face, owing mostly to wave of torque you can ride to your destination.
Hovering your foot over the accelerator must surely be what the President feels like whenever he stands near the nuclear football, with that big V8 always ready to turn on the fireworks.
Away from the red mist, you’ll find the LC 500 Convertible positively flows from destination to destination, the 10-speed gearbox - which can feel flustered at pace - seamlessly flicking through its options, and the ride in its most comfortable settings disposing of most road imperfections before they enter the cabin.
The cabin is also very cleverly insulated, not just when the four-part roof is up, but also when it’s down, with the climate and ambience of the interior largely unaffected by what’s going on in the outside world.
No ANCAP rating exists for the G42 M240i Coupe in Australia.
However, a 220d diesel coupe (not available here) tested by Euro NCAP back in 2022 managed a four- out of five star result, with pedestrians/vulnerable road user protection and emergency lane keeping recommended for improvement.
The MY25 M240i comes with a raft of advanced driver-assist systems, including AEB (operational from 5.0km/h to at least 210km/h and with cyclist and night-time operation), forward collision warning, front-cross and rear-cross traffic alert, 'Rear Collision Prevention', 'Speed Limit Information', lane departure warning with passive steer assist (operational from 70km/h), lane keep with active assist, blind spot monitor and driver attention monitor.
It also comes fitted with 360-degree view cameras, parking sensors, anti-lock brakes with electronic brake-force distribution and brake assist, stability control, traction control, corner braking and six airbags, made up of dual frontal, side chest and head-protecting airbags for the first row and side chest protecting airbags for the second row.
Speaking of the back seat, a pair of ISOFIX points as well as two top tethers for securing child seats are present.
The Lexus LC 500 Convertible arrives with six airbags, a reversing camera with guide lines, parking sensors, and the usual suite of traction and braking aids, but there’s much more to the safety story, too.
The more high-tech stuff includes parking sensors, pre-collision assist with AEB, lane keep assist, blind-spot monitoring, rear cross-traffic alert and active cruise, as well as bespoke convertible safety gear, like active roll bars that deploy when the car is in danger of rolling over, protecting the occupants beneath that soft roof.
BMW offers a five-year/unlimited kilometre warranty, matching all of its German rivals, as well as three years of roadside assistance.
As always, servicing frequency is condition-based, depending on how they’re driven, amongst other factors, with an indicator on the instrument panel to alert the driver/owner. That said, our advice is to always visit your BMW dealer annually or at every 10,000km, just to be certain.
Capped-price servicing is not offered.
However, the ‘BMW Service Inclusive Basic package’ is available at extra cost, covering scheduled servicing for five years/80,000km, as long as the scheme is subscribed to before the end of the first 12 months of first registration. A 2 Series should cost from $2380.
Lexus vehicles are covered by a four-year, 100,000 kilometre warranty, and the LC 500 Convertible requires servicing every 15,000kms.
Lexus's Encore ownership program includes pick-up and drop-off servicing, but the new Encore Platinum level for owners of its more exclusive models unlocks even more stuff.
One is a new On Demand service, which allows owners to book a different style of car when heading off on a holiday or business trip. The loans are available in your state or somewhere else in Australia if you're travelling, with your car waiting for you at Qantas Valet for you when you arrive.
The On Demand service is available on four occasions over your first three years of ownership (which is also the length of the Encore Platinum membership).