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BMW almost ready to roll out new 2 Series cabriolet

The 2 Series is a relatively new member of the BMW family, having been spun off of the 1 Series (itself one of the company's youngest lines) just last year. So far the range has been split between the Active Tourer and the 2 Series Coupe, but soon the latter will breed a new compact convertible to take the place of the outgoing 1 Series cabriolet, and here we have our best look at it yet.
Spied with the most minimal camouflage and its top down while undergoing its final rounds of development testing, this pre-production 2 Series cabrio looks about ready for show time. While the Active Tourer is based on a different front-drive platform, this convertible is, as you might have guessed, essentially a 2 Series Coupe with a folding fabric roof. That means rear-wheel drive (or potentially all-wheel drive if BMW extends its availability from the coupe to the convertible) win either 228i or M235i specification - both of them turbocharged, the former with a 240-horsepower, 2.0-liter four and the latter with the 320-hp, 3.0-liter inline-six.
Considering that BMW got an approximately $8k premium for the 1 Series convertible over the coupe, expect the 2 Series cabrio to start at a little over $40k for the 228i and top out at around $53k for the M235i xDrive convertible. That is, assuming BMW offers it in that top spec, because at that rate we're getting perilously close to the $54,900 base price of the 435i convertible.

BMW i3 will come with unusual 'OwnersChoice' non-lease option

In case you were interested in driving a BMW i3 but were afraid of getting into a traditional lease, there's some good new for you. We think. BMW recently announced that it would offer something called "OwnersChoice" and "OwnersChoice with Flex" to make the elegant city EV an easier purchase. Or temporary purchase, anyway. Something called "OwnersChoice with Flex" is not listed on the federal government's consumer information page on vehicle financing and we couldn't get a better explanation out of BMW than the official announcement, but the gist appears to be that an i3 buyer can make a gigantic balloon payment at the end of the contract term in order to pay less in monthly costs along the way. The way Automotive News describes it, the typical balloon note chains the buyer to the car in such a way that, while you can get lower monthly payments, you're still on the hook for the amount of the financing even if you return the car. With OwnersChoice, if you give the i3 back after the contract is done (usually after three years), you're in the clear. With OwnersChoice with Flex, you need to pay up no matter if you keep the car or not, but you can take the $7,500 federal tax incentive and increase your balloon payment by - let's see here, what's the amount? ah, yes - up to $7,500, which would knock $208 (7,500 divided by 36) off your payment every month. BMW Group Financial Services (GFS) came up with this new lease/payment hybrid thing, and Fred Isele, BMW GFS vp of sales and marketing, says it lets owners get, "a comfortable payment for one of the highest technological and efficient premium electric vehicles available to date." BMW GROUP FINANCIAL SERVICES OFFERS 'OWNERSCHOICE WITH FLEX' FINANCING PRODUCT WITH PURCHASE OF NEW i3 -- PROVIDES END-OF-TERM OPTIONS SIMILAR TO LEASING, YET BENEFITS OF OWNERSHIP WOODCLIFF LAKE, NJ – February 25, 2014 – With the launch of the BMW i3, the brand's first premium electric vehicle, BMW Group Financial Services becomes one of the first in the industry to create a financial solution to ownership that provides eligible customers with the options to lower their monthly payment and return the vehicle at the end of their contract term. The financing product called 'OwnersChoice with Flex,' provides eligible BMW i3 customers the option to increase their final OwnerChoice balloon payment due at the end of their contract term by up to $7,500.

Park your BMW with a wave, 3D instrument clusters, and more

Remote parking your car with a smartphone app is so 2015. In the future envisioned by BMW, you can park your car by giving it hand gestures. Meanwhile, the car will sync with your smart home and display traffic information on your hallway mirror. It's all part of a giant list of concepts and technologies BMW is bringing to the 2016 Consumer Electronics Show. Let's break down some of the big ideas BMW's bringing to this year's CES. Park By Waving Actually, you don't even need to wave to get this i3 Concept to start moving. From inside your house, simply picking up the key can signal your connected garage door to open and tell your car to pull out into the driveway. Out in the wider world this concept takes automated parking a step further than current in-car parking assistance systems. Once a spot is found, the driver gets out and waves at the car. The i3 then does all the movement on its own. What's the benefit of watching your car park instead of sitting inside while it parks itself? Not much, other that the ability to fit into narrow parking spaces. But I'm a sucker for automation like this, as long as it works better than those infernal foot-kick tailgate opening systems. The Bumper That Snitches For You If you have a car already covered in cameras, why not use them for more than parking? Bumper Detect is BMW's take on the valet-mode recording in the Chevrolet Corvette. But instead of filming any motion, BMW's system monitors the body and bumpers for any unexpected impacts and immediately captures the footage. An alert goes to the driver's smartphone via the BMW Connected App, with available live streaming images. Samsung Smart Things And The Smart Home The i3 on display at CES intergrates Samsung's Smart Things app into the iDrive controller. This allow you to use connected smart home features inside the car, like turning off lights or adjusting the thermostat. BMW's vision further into future integrates the car into the home even more with what the automaker calls Open Mobility Cloud. You can call it a personal assistant or an evil digital spy, depending on your perspective of this kind on technology. In any case, Open Mobility Cloud uses predictive algorithms to plan the day and give relevent information through BMW's smartphone app or – in a super futuristic way – a Mobility Mirror inside the house.