BMW M4 vs Lotus Exige

What's the difference?

We cannot think of a faster or more invigorating four-seater luxury convertible for the money than the new M4 Competition.

Finally, after years of devastatingly fast droptops with remote steering and an unforgiving ride, the G83 generation discovers refinement and sophistication to go with its supersonic speed.

There’s terrific talent on tap here that no rival can even come close to right now. BMW is on a roll and this is the first M4 convertible that can sit proudly alongside the best of its classic M3 ancestors.

To say the Lotus Exige 350 Sport exists at the very pointy end of motoring is a sharp understatement. It is, in essence, a track car that you’re somehow allowed to drive on the road, which means it's hugely compromised in various ways as a vehicle for day-to-day use, yet it's not really fair to criticise it for those failings, because commuting was never its intended purpose.

While it would obviously shine in its natural environment of a race circuit, the fact is you could also enjoy it enormously between track days if you pointed it at a suitably smooth and winding bit of country blacktop.

The performance, handling, steering and stopping are all fantastic, in the right conditions, and you can see how someone might justify it to themselves as a far cheaper version of a ($327,100) Porsche 911 GT3. The difference being that a Porsche doesn't make you fold yourself up like a pocket knife every time you get in.

The Lotus, then, is a car for the extreme enthusiast, only. And possibly for nudists, too.

Hallelujah! The unloved folding hardtop is history and fabric is back in fashion in a BMW 3/4 Series-based convertible for the first time since the demise of the E46 convertible in 2006.

It improves the proportions and aesthetics out of sight while remaining superbly insulated. It’s also 40 per cent lighter to boot while liberating 80 litres of extra luggage space.

The roof requires just 18 seconds to drop away or erect again, and can be done so at speeds of up to 50km/h. And it looks great, with a taut fit that suits the BMW’s lithe lines to a tee. With all four windows dropped, it also does a fab impression of an American-style pillarless hardtop.

Roof up or down, the M4’s muscular styling has a tense sparseness to it that means business, reinforced by that oversized, M-specific kidney grille treatment that, admittedly, isn’t as divisive in real life. The smiley LED light wave out back also brings a friendlier tone, harmonising handsomely with the rest of the car.

This is probably the best-looking BMW convertible since the beautiful E46 era.

The Lotus philosophy is summed by this slightly absurd mission statement: "Simplify, then add lightness". In the words of the great Barnaby Joyce "you don’t have to be Sigmund Freud" to work out that lightness is not something you can 'add', but you get the idea.

Everything about a Lotus is focused on the power-to-weight ratio, and this 350 Sport version takes the Exige to the ultimate degree, weighing in a full 51kg lighter than the S version, at just 1125kg, and with its hefty 3.5-litre supercharged V6 it is capable of lapping the company’s Hethel, UK test circuit a full 2.5 seconds faster.

Lap times, rather than road manners, are what this car is all about, and as such there are no creature comforts of any kind.

The Exige is an eye-catching beast, though, looking a bit like Darth Vader's helmet strapped to a skateboard. Everything about it is a statement of intent, and while the interior is as bare as Barnaby's brain, the gear lever, with its exposed workings and shiny silver knob, is a thing of strange beauty.

The M4 Convertible is not a paragon of space efficiency, given its footprint.

At nearly 4.8 metres long and 1.9m wide, the M4 Convertible casts a sizeable shadow on the road, which only really pays dividends for front-seat occupants inside.

Ours was fitted with a very handsome pair of $7500, two-tone M Carbon bucket seats up front, a sort of futuristic tombstone design with a fixed headrest that looks like they were created by and for Stormtroopers; they do provide all the electronic adjustability one would need in terms of fore/aft, up/down and lumbar support movement.

But, unless you really need their g-force-bracing support and love their outrageous appearance, they are monumentally obstructive to effortless entry/egress and overall hip comfort if you don’t possess a gymnast’s physique. In fact, at times, they can feel downright torturous, especially in the gusset area due to the pointless (ironically) hard central bulge bit. The standard front seat set-up is perfectly fine, offering all the comfort and support expected in a luxury convertible, with the added bonus of headrest adjustability.

As with all G20/G80 generation 3/4 Series, the M4’s interior is a welcome return to form for BMW, from the excellent driving position and superb build quality, to thoughtful switchgear placement, brilliant ventilation and ample storage. And iDrive is probably the best and most intuitive multimedia system out there, too, needing no special skill or distraction once mastered.

A quick note about the instrumentation. The 4 Series design digital readouts are prettier than the standard 3 Series' ugly standard screen that looks ex-Honda Civic. This one offers alternative views and is easy to read at a glance. But it still makes us pine for good old analogue dials. Remember when BMWs were the world leaders in dial design?

Some familiarisation is also required to figure out the M part of the M4, including the various driving and performance modes; they’re divided into Road, Sport and Track settings. Yet, thankfully, they’re all far simpler to get your head round than before, which required too much fiddly concentration, since – once quickly learnt – everything is possible with eyes-on-the-road promptness. A new M Mode button offers pre-determined shortcuts to whichever drive combinations are desired.

The roof is well insulated, meaning that previous-gen folding hardtop-owning prospective buyers shouldn’t be too sad about the fabric above their heads. On the go, front occupants can enjoy a variety of configurations, starting with snug coupe-style cosiness and security, moving to cool pillarless hardtop-style windows-only down cruising, to the full top-down convertible glory. The latter also brings minimal buffeting at speed unless you’re stuck out in the back. Roof-up vision isn't brilliant, though.

Strangely, with the M Carbon bucket seat options ticked, it’s actually easier for some people to get into the back than the front. Pulling a strap sees the front bucket seats (slowly) whir as far forward as possible to allow sufficient room for people to clamber onto the rear seats.

Once sat, it’s clear that longer-legged people will struggle. Knee room is OK (especially if the front occupants are feeling sympathetic by moving their seats forward), there’s surprisingly adequate head room for your 178cm tester when slightly slouched, big feet can be tucked beneath the front seats and scalps never have to touch the rear glass thankfully.

And at least BMW has tried to make life back there comfier for smaller people, due to rear-facing air vents with climate and directional control, two USB-C ports, a pair of cupholders, a centre armrest and some handy storage. The materials are of a high quality construction, too.

However, the fixed back rest is far too upright, the knees-up posture quickly gets tiresome, the cushion is firm and you’re sat on a slight angle pointing outwards. Claustrophobics won't be too happy either. Annoyingly there aren’t side window buttons either, meaning only the driver can lower or raise them. The two-seater back seat is best saved for short trips or kids.

Happily, once the roof is dropped, the hemmed-in feel vanishes, there’s not too much wind intrusion or buffeting with the side windows up and there’s a sense of shared freedom that only a four-seater convertible can bring. Going the full drop-top experience will ruffle more than hairdos at freeway speeds, though. An optional wind deflector can fix that issue for front-seat occupants, but it goes over the back seats, turning the M4 into a two-seater ragtop.

Further back, the 300-litre boot isn’t accessible from the cabin, meaning you can’t put much inside at all. BMW fits a hinged flap that needs to be down for the roof to work since it cordons off the roof storage part of the boot when folded in; when lifted, there’s a useful amount of space for luggage, and it’s a handy rectangular shape instead of an L-shaped slot, but obviously at the cost of convertible driving. You can’t have both.

Note that, compared to the previous folding-hardtop M4, this boot is some 80L larger. 

Both the words 'practical' and 'space' have no place in a road test of this Lotus, so shall we just move on?

Oh, all right. There is no shoulder room to speak of and to change gears you have to fondle your passenger's leg. You're also in danger of breathing into each other’s mouths accidentally, you’re sitting that close.

Speaking of impractical, the door apertures are so small, and the whole car so low, that getting in or out is about as much fun as attempting to hide in a child's suitcase.

Cupholders? Forget it, nor is there anywhere to put your phone. There are two tiny oddment storage holes just near each well-hidden door handle, and a kind of slidey, slick shelf where a glove box might be, on which it’s not safe to leave anything.

Put things on the floor and they will slide under the super low seats and never be seen again.

The Lotus people pointed out a parcel shelf behind the seats, but I think they imagined it, and there is a tiny boot at the rear, behind the engine, which is smaller than some actual boots.

The question of 'value' is a tricky one when you’re looking at a $138,782.85 car that’s about as useful in day-to-day life as a matchbox-sized handbag. But you have to consider what people buy a Lotus for, and the answer has absolutely nothing to do with practicality.

A car like this Exige 350 Sport is purely purchased as a toy, a track-day special that you can, in theory, drive to the circuit via public roads. Franky, if I was rich enough to have one I’d still transport it there on the back of a truck.

Relatively speaking, you could have a far more practical and infinitely more comfortable Porsche Cayman for $30K less, but the Lotus is $30K cheaper than the similarly track-focused and brutal ($169,990) KTM X-Bow.

It is the opposite of comfortable.

In terms of features, you get four wheels, an engine, a steering wheel, some seats, and that’s about it. You can buy a circa 1993 removable-face two-speaker stereo, which you can't really hear over the engine and road noise, for $1199. Oh, and they do throw in air conditioning, which is also noisy.

Our slick-looking metallic black paint was also $1999, the 'full carpets' another $1099 (expensive floor mats, basically), the Alcantara trim pack $4499, cruise control (really?) $299 and the hilarious optional 'Sound Insulation' $1499 (I think they actually forgot to fit it). All up, our press car’s price climbed to $157,846, which, I have to say, is no one’s idea of good value.

On the plus side, the local Lotus people - Simply Sports Cars - do offer features a buyer would love, like regular Lotus Only Track Days, a chance to take part in the Phillip Island 6 Hour and the Targa High Country event, and various other racy experiences.

Here is a summary of Australian-market outputs and prices for the M3 and M4 convertible autos, with the prices in brackets being approximate inflation-adjusted figures for today.

1999 E36: 236kW/350Nm 3.2L in-line six-cylinder engine (I6), $152,000 ($266,000 in 2022); 2003 E46: 252kW/365Nm 3.2L I6, $158,000 ($240,000); 2008 E93: 309kW/400Nm 4.0L V8, $183,442 ($240,000); 2014 F83: 317kW/550Nm 3.0L twin-turbo I6, $178,430 ($202,000).  

In 2022, the G83 M4 Competition lives up to its name in more ways than one, with a 2993cc 3.0-litre double overhead cam direct-injection twin-turbo I6 known as the S58 series, which is itself derived from BMW’s B58 modular family of engines. Its 375kW is delivered at a lofty 6250rpm, while there’s a 650Nm plateau of torque between 2750rpm and 5500rpm.

A kerb weight of 1920kg means the M4’s power to weight ratio is an impressive 195.3kW/tonne, helping its published 0-100km/h time of 3.7s. For a few grand extra, the company will up the top speed by 30km/h, to 280km/h.

BMW says the engine includes cooling and oil supply systems designed for extreme lateral forces at high speeds, while the exhaust uses electrically controlled flaps for a more raucous noise.

Power is channelled to all four wheels continuously via an eight-speed M Steptronic transmission with a trio of shift programs. The AWD system features an active differential to better transmit torque to all four wheels, while drivers can choose one of three, progressively more rear-wheel drive (RWD) biased modes: 4WD, 4WD Sport and 2WD – the latter being a pure RWD set-up.

Other related changes the M4 boasts over regular 4 Series models include special stability and traction control tuning, a double-joint spring strut front axle with unique axle geometry and variable-ratio steering, a five-link rear axle featuring its own kinematics and elastokinematics, M-specific adaptive dampers, a configurable braking set-up according to feel and response, and forged M light-alloy 19-inch alloys up front and 20-inch items out back.

Choosing the AWD-only convertible over the equivalent AWD coupe adds 145kg (and 195kg compared to the RWD coupe), though this is partly offset in two ways over the preceding, folding-hardtop M4 Convertible: firstly, using the soft top drops weight by 80kg; and secondly, while the AWD system does add 50kg, it’s at a lower centre of gravity, thus naturally improving vehicle dynamics.

Which are electrifying, by the way.

In the past, Lotus engineers were satisfied with the power they got from tiny four-cylinder Toyota engines, but this Exige 350 Sport is a Very Serious Car and thus has a relatively whopping 3.5-litre, supercharged V6 shoehorned into its backside, which makes 258kW and 400Nm, and that's enough to fire this tiny machine from 0-100km/h in just 3.9 seconds, although it feels, and sounds, a lot faster.

The six-speed gearbox feels like it's been stolen from an old racing car and is an absolute joy to snick shift at speed.

We managed 12.1 litres per 100km in a mixture of urban, freeway and rural-road driving, including plenty of performance testing. This is a two-tonne M4 convertible capable of supercar speeds, after all. In that context, the economy is more than acceptable. No doubt the stop/start engine function (at idle) helps here.

For the record, the official combined-average claim for this Euro 6-rated BMW is 10.4L/100km, for a carbon dioxide emissions average of 237 grams/km. Thanks to a fuel tank that holds 59 litres of 98 RON premium unleaded petrol, it can manage an average of almost 570km between refills.

Lotus claims a combined fuel economy figure of 10.1L/100km. We don't believe that would be easy to achieve, because the temptation to rev the hell out of it and hear it roar would be too great, and too constant.

Marvellously.

Earlier, we said that the previous M4 (and some earlier M3 generations) never hit the dizzy heights the best like the E46 managed.

The reason why is bandwidth. Not WiFi bandwidth, but rather the newfound breadth of capability that the G83 model has acquired.

Yes, while even the slowest examples of previous M3s and M4s remained thrilling, with blisteringly potent acceleration accompanied by a soaring exhaust soundtrack, the post-E46 models seemed to become almost too obsessed with the pursuit of performance. Thunderous V8s and twin-turbo V6s are all good and well, especially when they provide explosive responses, but there’s more to sports cars than sheer bloody-minded speed.

More specifically, though the handling and roadholding were outstanding, the previous M4’s steering didn’t feel as connected or one with the driver, instead seeming a little remote and detached. Conversely, even with adaptive dampers on offer, the suspension (on Australian roads) lacked sufficient isolation from bumps and thumps, and so was never settled or calm. It was all too nervous and edgy, like a drug-addled athlete who’s indulged in too much partying.

Thankfully, the curse is broken with the latest iteration, even in the heaviest and slowest version like our M4 Convertible as tested, pushing out boundaries to thrilling effect once more.

With the newly-simplified and logically presented M performance modes only a push of a button away, the driver now no-longer has to concentrate on what setting they’re in, and instead just immerse themselves in the experience of accelerating, steering, cornering, braking and controlling this incredible sports convertible.

Tremendously strong in regular Road mode, the M4’s performance certainly lives up to the legend, stepping up into the supercar realm when Sport or Track are chosen, hunkering down as it thrusts towards the horizon with relentless speed and determination, accompanied by the gorgeous twin-turbo six’s revs as they soar towards the red line. The ultra-alert eight-speed auto’s operation is equally seamless, displaying uncanny intuition in its selection of the right ratio at exactly the right time.

These are all incremental improvements over what has come before. But what’s really changed is how rock-solid the BMW feels as it belts along at speed, magnetised to the motorway regardless of weather, its new AWD engineering keeping everything steady and planted. No more tetchiness to unnerve the driver.

Which makes the feel and fluency of the chassis even more remarkable, given that now all four wheels are driven. The very opposite of leaden or inert, the superbly weighted steering is instead light and alive in your palms, as you carve through corners with pin-point precision. Some might find it a bit too eager to change direction at first, but we reckon BMW has judged the balance just right. Its sheer agility is as life-affirming for driving enthusiasts as it is immersive. Bravo, BMW.

With so much grip and control, this is not to say that the driver can’t hang the M4’s tail out every-which-way, since the chassis set-up allows for progressive oversteer, even in Road mode, along with as much drifting as your courage allows where safe. As with the best sports cars, the M4 is as steerable from the seat of your pants as it is using the throttle.

Finally, there’s the M Adaptive chassis tune, that at long last broadens the M4’s repertoire from motorway grand tourer and rural-road blaster to city slicker and urban warrior, thanks to the suspension’s ability to better-absorb a much wider array of terrible road surfaces. Comfort now lives up to its name, with the ride – though still firm – no longer hard or crashy around town, ushering in a new level of civility that won’t fatigue or aggravate you or your occupants. We're so happy to report this progress.

One area where BMW might want to keep improving, though, is the abundance of road noise intrusion over certain coarse chip bitumen. While easily muffled by the sweet sounds of the twin-turbo six, banging audio system or dropping the roof, it now seems more obvious that the rest of the car has smartened up so much.

A small fly in an otherwise hugely satisfying ointment.

It's rare to find a car that is such an improbable mix of furious fun and infuriating annoyance. The Lotus is rattly, noisy, hugely firm to the point of punishing, with seats that offer encouragement but not support.

It is the opposite of comfortable and so hard to see out of that driving it around town, in any sort of traffic, feels borderline dangerous. There’s also the distinct sensation that you’re so low and so little that all those people in their SUVs won't see you.

Throw in the fact that it's so painfully, stupidly difficult to get in and out of and it's definitely not the sort of car you take if you're heading to the shops. I got so sick of its hard-edged annoyances at one stage that I became too grumpy to even take people for joy rides in it. I just couldn’t be bothered with the hassle, but then an inner-city suburb with high kerbs and even higher speed humps is not the Exige's natural environment.

The gearbox is a thrill a minute, as is the engine.

Making it even more of a challenge around town, at low speeds or in parking situations is the steering, which isn't so much heavy as wilfully obtuse. Doing a three-point turn is the equivalent of 20 minutes of bench pressing your own body weight. At least.

Out on a winding bit of country road, however, the steering becomes one of the best things about the car, because its pure, unassisted weighting feels so alive in your hands. There’s a sense of actually wrestling, or finessing it around corners that makes you feel a bit Ayrton Senna.

Indeed, the whole car comes alive, and starts to make some kind of sense, once you're on a smooth, perfect piece of tarmac. It is fast, noisy, thrilling, utterly and overtly involving, stiff of chassis and firm of ride, with brakes capable of pulling you up with indecent haste. It’s also, thanks to its low centre of gravity and mid-engined layout, beautifully balanced.

The gearbox is a thrill a minute, as is the engine, particularly once you explore the upper rev ranges, at which point the scenery really does become a scary blur out the ridiculously small windscreen.

Sure, you can't see anything behind you other than the engine, but what a lovely sight that is, and nothing is going to catch you anyway.

It does feel edgy, of course, and sharp, and it’s not as easy or refined to drive as some cheaper sports cars; an MX-5 makes for a far more pleasant companion. But this is an extreme Exige, a machine built by and for genuine enthusiasts.

And, above all, for the sort of people who will take it to a race track, which is where it both looks and feels completely at home.

Unfortunately, on public roads, it would be annoying more often than it would be thrilling, but the truly hardcore Lotus aficionados would never admit such a thing.

Unsurprisingly, considering it will sell fewer than 100 cars in Australia, Lotus has not had the Exige ADR crash tested, so there's no star rating. You do get two airbags, passenger and driver, as well as ABS, 'Hydraulic Brake Assist', 'Lotus Dynamic Performance Management', driver-selectable ESP with three modes, cornering brake control and EBD.

We feel here is where the company drops the ball.

Trailing all of its main luxury car rivals (except Porsche) by two years, BMW only offers a three-year/unlimited kilometre warranty, as well as three years of roadside assistance.

BMW says its vehicles’ servicing is condition-based, depending on how they’re driven and other factors, with a dash warning appearing to let the driver/owner know when it’s time. We advise servicing your M4 annually or at every 10,000km, just to be sure.

No capped-price servicing system is offered. However, as long as the first one is paid for before the first service on a new vehicle, the ‘BMW Service Inclusive Basic packages’ is available at extra cost, covering scheduled servicing for three years/40,000km or five years/80,000km.

No prices are published for M models like the M4, but a normal 4 Series costs from $1800 for the five-year/80.000km package. You can bet an M4’s will cost more.

Your Lotus comes with a three-year unlimited kilometre warranty and three years of roadside assist. A service costs $295, plus parts.