The term ‘limited edition’ tends to flick a switch within performance-car buyers.

Like any car company, BMW aims for profit margins, so it has historically encouraged its M Division to churn out one sought-after special edition after another. One year after the sold out 368kW/600Nm M4 GTS, BMW is at it again with the gap-filling M4 CS.

2018 BMW M4 CS drive

Few performance cars are as sexy as this centrefold coupe sprayed in San Marino Blue.

Almost everything on this BMW M4 CS is spot on: the classy matte-pewter finish on the 19- and 20-inch wheels shod with 265/35 and 285/30 Michelin rubber; the redesigned front splitter, roof, apron and rear spoiler baked in carbon fibre; the eye-catching OLED tail-lights; the neatly executed Alcantara trim and the lightweight bucket seats. The two-door coupe certainly has presence.

2018 BMW M4 CS exterior

While the 1580kg kerb weight doesn’t scream crash diet, it seems BMW is taking the CS moniker seriously. The theme continues under the bonnet. Redlining at 7600rpm, the 3.0-litre straight-six musters 338kW and 600Nm. Objectively that’s a marginal 7kW increase in power and a plausible 50Nm bump for torque against the Competition Pack.

2018 BMW M4 CS engine

As ever, the twin-turbo six delivers the goods with aplomb. With everything locked in Sport mode, throttle response is phenomenally quick, and the torque wave that follows offers V8-esque urgency.

On a twisty road, the awesome grunt keeps the M differential busy while working the Michelin Pilot Sport Cup 2 tyres to the point where the DSC flagman starts waving yellows.

2018 BMW M4 CS front bumper

Acoustically, the M4 CS isn’t BMW’s best work, however we do like the distinctive part-throttle turbo whistle, the full-bodied bass at low revs and the ability to push to the limiter, while in Sport Plus it indulges in all manner of lift-off firework antics.

2018 BMW M4 CS wheel

Like the ’box, the key to having fun in the CS is by being in the right mode for the steering, suspension and drivetrain. Comfort, Sport and Sport Plus are available as well as MDM, short for M Dynamic Mode.

2018 BMW M4 CS doorframe

The same can be said for the M4 GTS – despite being a sensational track tool, it will bite and it’s too sharp to qualify as a daily driver. So where does the CS fall in this company? Somewhat unexpectedly, it emerges as the leader of the pack – at least on dry, manicured Bavarian roads. An Aussie verdict awaits.

Even though the CS chassis setup is closely related to the Competition variant, it now has proper suspension compliance, acceptable low-speed ride and first-class body control. Its tenacious roadholding keeps you chortling while the silly amounts of traction make you smile. On a sunny day, the last complication the CS needs is all-wheel drive.

2018 BMW M4 CS interior

The rear axle, a classic liability of many M cars, has matured so much that the occasional off-putting responses under power have all but disappeared, yet through fast corners the rear wheels can seem to plot different movements. It’s nothing serious, but as it dances along the edge of adhesion, the CS calls for the odd adjustment on the run.

2018 BMW M4 CS rear

While it lacks active anti-roll bars and rear-wheel steering, the 338kW 4 Series tracks with admirable precision. In many ways it’s what the M4 should have been from the outset as it combines great looks, ample grunt, a sweet chassis and generous specification all in one.

2018 BMW M4 CS front facing

You could factor in the lure of a special edition, which seems to eliminate depreciation despite the higher initial outlay, but we’re talking driving pleasure here, not return on investment. And that’s something the CS has well and truly covered.

4.5 stars out of 5 Like: Huge pace with newfound compliance Dislike: Price premium; still doesn’t sound great

2018 BMW M4 CS Specs Engine: 2979cc inline-6, DOHC, 24v, twin-turbo Power: 338kW @ 6250rpm Torque: 600Nm @ 4000rpm Weight: 1580kg 0-100km/h: 3.9sec (claimed) Price: $211,610