BMW 530E vs BMW M Models

What's the difference?

Anyone unfortunate enough to hear me banging on about electric cars - or perhaps more accurately, electrified cars - will be aware of my undying love for the existence of plug-in hybrid electric vehicles (PHEVs). 

I love them because they offer a drama-free step into electrification. You don't need a big box on the wall to make sure you're charged overnight and because there's a petrol engine under the bonnet, as long as you've got fuel in the tank, your range anxiety disappears.

You can get around town in electrified silence and emissions-free smugness while still planning that around-Australia trip you'll never go on. It's absolutely the best of both worlds for those reluctant to take the next step. A genuine win-win, if you like.

Except that very few people buy them. Their existence in the catalogues of a number of car companies feels like a weary, "We should at least do something" from product planners. BMW has been trying with PHEVs for a while, with selected offerings in the 3, 5 and X5 range. Given the 5 Series has had its mid-life facelift, what BMW calls the LCI, it's time for another look.

To say the BMW M4 CS is a hot ticket in Australia is something of an understatement.

Consider this. There is an even more expensive one, the M4 CS Edition VR46 – at a cool $346,900 – and it sold out in less than an hour. Now, granted, Australia only got four examples, but still, demand was running hot.

That car makes this one, the regular M4 CS, seem like an absolute steal. It's only $254,900 (yes, the word 'only' is doing a lot of heavy lifting in that sentence), and it shares the same upgrades, and makes the same monstrous power, as the VR46 – for Valentino Rossi’s 46th birthday – only it does it for around $100K less.

See? A bargain. At least, that's how I'd be justifying it to myself if I had a quarter of a million burning a hole in my pocket.

So, this or a Porsche 911? Read on.