Discussion
NotSoSure said:
CRA1G said:
Go for the Manual.... Remember this will be the last chance to buy a New ICE Manual ///M Car..
I went in thinking auto was the way to go, but after test driving them both, bought the manual.The manual seems to get a slating in some of the reviews, but I don't think it's warranted.
I test drove an F87 Comp last week, which I liked, but left the showroom having signed up to a two year lease on a new G87 auto.
I've always bought used and paid cash, but this lease deal potentially gets me into a new car for the same cost, over two years, as a four year old one.
Here's the maths;
G87 deposit £5,470 plus 23 x £455, so just under £16k all in. Standard spec, which is higher than a fully optioned F87.
2020 F87 Comp auto £36k. Retail value in 2 yrs say £28k, so I'd get say £23k. That's potentially £13k depreciation plus £895 for second year warranty plus c.£3k lost interest on £30k of savings.
Even if F87's hold their money really well it's not going to have cost much more to get into a new car and I don't have the hassle of selling it.
Arrives some time in May, hopefully.
I've always bought used and paid cash, but this lease deal potentially gets me into a new car for the same cost, over two years, as a four year old one.
Here's the maths;
G87 deposit £5,470 plus 23 x £455, so just under £16k all in. Standard spec, which is higher than a fully optioned F87.
2020 F87 Comp auto £36k. Retail value in 2 yrs say £28k, so I'd get say £23k. That's potentially £13k depreciation plus £895 for second year warranty plus c.£3k lost interest on £30k of savings.
Even if F87's hold their money really well it's not going to have cost much more to get into a new car and I don't have the hassle of selling it.
Arrives some time in May, hopefully.
SFTWend said:
I test drove an F87 Comp last week, which I liked, but left the showroom having signed up to a two year lease on a new G87 auto.
I've always bought used and paid cash, but this lease deal potentially gets me into a new car for the same cost, over two years, as a four year old one.
Here's the maths;
G87 deposit £5,470 plus 23 x £455, so just under £16k all in. Standard spec, which is higher than a fully optioned F87.
2020 F87 Comp auto £36k. Retail value in 2 yrs say £28k, so I'd get say £23k. That's potentially £13k depreciation plus £895 for second year warranty plus c.£3k lost interest on £30k of savings.
Even if F87's hold their money really well it's not going to have cost much more to get into a new car and I don't have the hassle of selling it.
Arrives some time in May, hopefully.
Sounds like a pretty good deal, close or better depending on mileage to the deal I and other have got through Contract Cars. My local dealership couldn't get anywhere near that price.I've always bought used and paid cash, but this lease deal potentially gets me into a new car for the same cost, over two years, as a four year old one.
Here's the maths;
G87 deposit £5,470 plus 23 x £455, so just under £16k all in. Standard spec, which is higher than a fully optioned F87.
2020 F87 Comp auto £36k. Retail value in 2 yrs say £28k, so I'd get say £23k. That's potentially £13k depreciation plus £895 for second year warranty plus c.£3k lost interest on £30k of savings.
Even if F87's hold their money really well it's not going to have cost much more to get into a new car and I don't have the hassle of selling it.
Arrives some time in May, hopefully.
I came to the same conclusion about the F87 really, road tax and all the rest of it. Weirdly the insurance quotes I was getting were 30-40% higher on the F87 too.
I'm jealous because mine is expected as 18 weeks factory order!
NotSoSure said:
CRA1G said:
Go for the Manual.... Remember this will be the last chance to buy a New ICE Manual ///M Car..
I went in thinking auto was the way to go, but after test driving them both, bought the manual.The manual seems to get a slating in some of the reviews, but I don't think it's warranted.
Are they still putting the CDV in their manuals as well?
If so, pop the grommet out of it.
https://www.youtube.com/watch?v=9fzpMSVHeZ8
zolder8 said:
Sounds like a pretty good deal, close or better depending on mileage to the deal I and other have got through Contract Cars. My local dealership couldn't get anywhere near that price.
I came to the same conclusion about the F87 really, road tax and all the rest of it. Weirdly the insurance quotes I was getting were 30-40% higher on the F87 too.
I'm jealous because mine is expected as 18 weeks factory order!
8,000 miles p.a. no fee.I came to the same conclusion about the F87 really, road tax and all the rest of it. Weirdly the insurance quotes I was getting were 30-40% higher on the F87 too.
I'm jealous because mine is expected as 18 weeks factory order!
Yes I've found the insurance quotes c.30% cheaper on the G87, but being a lease car the choice of insurers is limited and I might have to take my chances with Admiral.
Edited by SFTWend on Saturday 27th April 08:30
I am very possibly buying an LCI OG M2 very soon. I have driven a few M2s at dealers recently so I will be able to compare how they all drive.
I've paid for a vcheck report for the car in question (all good). MOT history is fine, no advisories
The seller has recorded a few decent videos of inside/outside, including iDrive service history etc. All looks great - full BMW history, RIS on time, etc. Extra maintenance done by current owner. Only thing outstanding, unofficially, is a diff service which I can sort out if I buy it.
He also sent me one of those videos the BMW dealers give you when doing a service. This was only a few months ago and very few miles ago, so is a handy look at the underside of the car & notes things like brake pad & tyre depths, which is helpful.
Is there a good checklist I can run through? Any other red flags to note? This is a private sale so I want to try and avoid a lemon. Whilst I'm travelling a reasonable distance to see this car I am happy to walk away if it's not right.
Thanks
I've paid for a vcheck report for the car in question (all good). MOT history is fine, no advisories
The seller has recorded a few decent videos of inside/outside, including iDrive service history etc. All looks great - full BMW history, RIS on time, etc. Extra maintenance done by current owner. Only thing outstanding, unofficially, is a diff service which I can sort out if I buy it.
He also sent me one of those videos the BMW dealers give you when doing a service. This was only a few months ago and very few miles ago, so is a handy look at the underside of the car & notes things like brake pad & tyre depths, which is helpful.
Is there a good checklist I can run through? Any other red flags to note? This is a private sale so I want to try and avoid a lemon. Whilst I'm travelling a reasonable distance to see this car I am happy to walk away if it's not right.
Thanks
mjf1 said:
I am very possibly buying an LCI OG M2 very soon. I have driven a few M2s at dealers recently so I will be able to compare how they all drive.
I've paid for a vcheck report for the car in question (all good). MOT history is fine, no advisories
The seller has recorded a few decent videos of inside/outside, including iDrive service history etc. All looks great - full BMW history, RIS on time, etc. Extra maintenance done by current owner. Only thing outstanding, unofficially, is a diff service which I can sort out if I buy it.
He also sent me one of those videos the BMW dealers give you when doing a service. This was only a few months ago and very few miles ago, so is a handy look at the underside of the car & notes things like brake pad & tyre depths, which is helpful.
Is there a good checklist I can run through? Any other red flags to note? This is a private sale so I want to try and avoid a lemon. Whilst I'm travelling a reasonable distance to see this car I am happy to walk away if it's not right.
Thanks
Grey with sunroof and comp wheels?I've paid for a vcheck report for the car in question (all good). MOT history is fine, no advisories
The seller has recorded a few decent videos of inside/outside, including iDrive service history etc. All looks great - full BMW history, RIS on time, etc. Extra maintenance done by current owner. Only thing outstanding, unofficially, is a diff service which I can sort out if I buy it.
He also sent me one of those videos the BMW dealers give you when doing a service. This was only a few months ago and very few miles ago, so is a handy look at the underside of the car & notes things like brake pad & tyre depths, which is helpful.
Is there a good checklist I can run through? Any other red flags to note? This is a private sale so I want to try and avoid a lemon. Whilst I'm travelling a reasonable distance to see this car I am happy to walk away if it's not right.
Thanks
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