Michael Fux doesn’t collect cars the way most people do. He commissions them, drives them almost never, and moves on. His latest castoff is a 2017 BMW M2 in Austin Yellow that has covered exactly 52 miles in nearly a decade of existence.
This is the third time this car has surfaced for sale. It appeared in 2020, again in 2023, and now Hagerty has it listed through July 7 with no reserve. Three sales attempts for a car nobody drives tells you something about the strange economics of ultra-low-mileage collector cars that were never really meant to be collector cars.
The F87 M2 was never offered with BMW Individual colors through normal channels. Fux, a businessman and philanthropist with enough pull to get automakers to bend their own rules, convinced BMW to build him this one-off in Austin Yellow through the Individual program. The car went through a special production process at the Leipzig plant.
He paid roughly $114,000 for it, more than double the M2’s base price at the time. The options list reads like someone clicked every box in the configurator and then asked for more. Carbon-fiber M Performance parts, body-colored brake calipers, nearly 40 additional options.
The interior carries Austin Yellow stitching on the seats and steering wheel, with the bottom spoke painted to match. The passenger dashboard wears Alcantara with M Performance lettering. Door sill plates read “Specially made for MICHAEL FUX.”
It’s a museum piece that was built to be driven but never was.
The purist crowd will note, correctly, that Fux ordered the dual-clutch automatic rather than the six-speed manual. For a car that was apparently destined to sit in a climate-controlled garage accumulating single-digit annual mileage, the transmission choice is almost irrelevant. But in the resale market, where the manual M2 commands a cult following, the DCT is a mark against it.
The car was freshly serviced last month with new oil, filter, brake fluid, and antifreeze. That’s maintenance it arguably needed more from age than use. Fluids degrade whether you drive or not, and a decade of sitting is harder on a car than most buyers realize.
Here’s the tension at the heart of this listing. The M2 F87 is one of the most celebrated driver’s cars BMW has built this century. Lightweight, direct, analog in all the ways that matter.
It was designed to be thrashed on back roads and track days. Owning one with 52 miles is like buying a Stradivarius to hang on the wall.
And yet every time this car sells, the next owner does exactly the same thing. Nobody puts miles on it. Nobody uses it for what BMW engineered it to do. The odometer has barely moved across three ownership periods spanning half a decade of sales listings.
The no-reserve format means it will find a new home by July 7. The real question is whether buyer number three, or four depending on how you count, will actually turn the key and point it at an open road. History suggests otherwise.
Austin Yellow is loud. The spec sheet is extraordinary. The provenance is genuine. But 52 miles on a car built to be driven isn’t preservation. It’s paralysis. Somewhere in Munich, the engineers who developed the F87 M2 are shaking their heads.
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