M135i - best discounts and finance rates?

[SKM1984]

I got a very good percentage of mine as well, after a test drive my brother is convinced he wants one so were of to the same dealer this weekend to see what he'll do on another one

[BensZ4MC]

I don't need a car until early next year - any one know if these deals are likely to be available for then?

[S3_Graham]

Jim Bob EG said:

Managed to get 17.8% off list price on a 4 year 5.9%apr PCP - not sure if this is because of impending facelift or 2 series launch. The M235i looks nice but at almost 35000 is far more expensive. There won't be any discounts on this car for the forseeable making it a far more expensive performance proposition. If you like the M135i looks then that car is a bargain compared to M235i

JB

Would you mind giving some figures? trying to work out if the monthly payments will work for me...

Broadspeed are offering standard new cars @ £26,200 which seems pretty mega.

Im 99% set on a 235 but with the potential price difference of nearly £10k I think my head will possible over rule the heart!

[Vladimir]

Absolute goons at Ocean Plymouth haven't got back to me AGAIN. I go in looking for an M135i, he appears to try and put me off, he says he'll get back to me Monday or Tuesday, he doesn't bother. How on EARTH do they stay in business? I guess it's fleet sales of 118ds and similar.

[Galsia]

What are you all planning to do once your PCP deals are complete, hand the car back or pay the final balloon payment and keep the car?

Genuinely curious as I'm considering picking one up myself but have never bought a car on finance before.

[Jim Bob EG]

Cash price is 26,884 minus another £1500 advance payment. After 3 years you should have paid about half and can terminate or if there is equity then the dealer may part-exchange.

JB

[Deako]

Galsia said:

What are you all planning to do once your PCP deals are complete, hand the car back or pay the final balloon payment and keep the car?

Genuinely curious as I'm considering picking one up myself but have never bought a car on finance before.

Depends whether i have 12 large sitting around doing nothing. And how much mileage i cover by then. I had promised myself a Cayman S or Boxster S for my next car, but the prospect of £700 p/m after a hefty deposit puts me off somewhat.

I could extend the warranty with BMW to cover off any problems that may arise, so all should be good. If i have the money, i may well buy it outright, strip it to bits, fit a cage and turn it into a track weapon.

[Galsia]

Jim Bob EG said:

Cash price is 26,884 minus another £1500 advance payment. After 3 years you should have paid about half and can terminate or if there is equity then the dealer may part-exchange.

JB

So my limited understanding of car finance is after the initial period, you can either:

1, Give the car back with nothing to show for it.

2, Pay the remaining £13k balloon payment immediately (if you have a spare £13k lying around) and keep the car.

3, Trade it in towards a new BMW, therefore becoming trapped in the car-finance cycle.

Does anybody honestly do options 1 or 2?

I quite fancy getting an M135I but suprisingly I don't have the cash lying around and I'm quite keen on actually owning my cars (maybe not outright but eventually). I know depreciation is an overlooked factor but I don't usually consider this if I'm keeping a car long-term.

[okgo]

Most people do 1 or 3.

Bear in mind they give you a guaranteed future value so when you bring it back in and its worth more (maybe the model has held money well, or you've done less than average miles etc) the difference I understand you can use as deposit on your next car, or pretty sure that is what it was when I was flogging cars?

Paying the £12k baloon off is an expensive way to buy the car, if that is your intention then straight HP is a better bet I would imagine.

[Tripper 89]

Jim Bob EG said:

Managed to get 17.8% off list price on a 4 year 5.9%apr PCP - not sure if this is because of impending facelift or 2 series launch. The M235i looks nice but at almost 35000 is far more expensive. There won't be any discounts on this car for the forseeable making it a far more expensive performance proposition. If you like the M135i looks then that car is a bargain compared to M235i

JB

I'm looking to purchase asap. Would anyone who has managed a big discount lately mind sharing where they obtained it. I've emailed Tony but haven't heard back yet.

Thanks
JOHN

[jonnywells]

Well so far the the biggest discount ive managed is around 13.8% off the total value Looks like the super good deals are either no longer outthere or harder to find

[Jim Bob EG]

Johnny - have emailed - Douglas Park BMW Glasgow - are doing a wonderfull deal on this car.

James Dunn is the your man - he is excellent.

JB

[team underdog]

Vladimir said:

Absolute goons at Ocean Plymouth haven't got back to me AGAIN. I go in looking for an M135i, he appears to try and put me off, he says he'll get back to me Monday or Tuesday, he doesn't bother. How on EARTH do they stay in business? I guess it's fleet sales of 118ds and similar.

Try the Ocean Torbay Vladimir I've always found them quite easy to deal with.

I'm looking at an M135i myself - 5dr auto - so let me know what sort of deal they offer you!

[jonnywells]

Jim Bob EG said:

Johnny - have emailed - Douglas Park BMW Glasgow - are doing a wonderfull deal on this car.

James Dunn is the your man - he is excellent.

JB

Glasgow.... Hmmm abit far away even for me (leicester area)

[SKM1984]

Will At stratstone derby did me a cracking deal.

Back tomorrow to try for my brother

[stu2k0]

Jim Bob EG said:

Cash price is 26,884 minus another £1500 advance payment. After 3 years you should have paid about half and can terminate or if there is equity then the dealer may part-exchange.

JB

Hey Jim Bob, could you PM me with the details of the dealer that offered you that deal? really interested in one of these but the local dealer not playing ball at the moment.

Thanks

[BensZ4MC]

stu2k0 said:

Jim Bob EG said:

Cash price is 26,884 minus another £1500 advance payment. After 3 years you should have paid about half and can terminate or if there is equity then the dealer may part-exchange.

JB

Hey Jim Bob, could you PM me with the details of the dealer that offered you that deal? really interested in one of these but the local dealer not playing ball at the moment.

Thanks

JB, please could you also PM me with the details.. Many thanks, B

[Labbetts]

Galsia said:

Jim Bob EG said:

Cash price is 26,884 minus another £1500 advance payment. After 3 years you should have paid about half and can terminate or if there is equity then the dealer may part-exchange.

JB

So my limited understanding of car finance is after the initial period, you can either:

1, Give the car back with nothing to show for it.

2, Pay the remaining £13k balloon payment immediately (if you have a spare £13k lying around) and keep the car.

3, Trade it in towards a new BMW, therefore becoming trapped in the car-finance cycle.

Does anybody honestly do options 1 or 2?

I quite fancy getting an M135I but suprisingly I don't have the cash lying around and I'm quite keen on actually owning my cars (maybe not outright but eventually). I know depreciation is an overlooked factor but I don't usually consider this if I'm keeping a car long-term.

Even if you buy it cash, it's still going to drop the same amount. Nothing stopping you from selling it privately and taking £13k off that amount. You'll always end up with more.

I've bought dozens of cars in numerous ways, they ALL end up costing you ££££'s a month regardless of how the finance is configured. One rule applies in the main (with some exceptions), the bigger they are the harder they fall. If you don't want to lose loads, don't spend as much.

[Vladimir]

Some very keen priced ones starting to come on the market now - that's what I think I will be grabbing.

Paying in cash of course ;-)

[Smuler]

This one would certainly make the owner stand out !