Q2 Deals?

Q2 Deals?

Author
Discussion

cs1874

Original Poster:

146 posts

170 months

Thursday 3rd April 2014
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Anyone heard anything about Q2 deals....there wasn't much doing in Q1, but i see all the BMW dealer sites have suddenly changed the offers section, as if there's about to be an update.
Just wish they'd bring back the M5 deal from the end of last year...missed out by about 10 days.

AMDB9

2,714 posts

207 months

Friday 4th April 2014
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32% off an M6 list price % 4.9 APR

PM me if interested. £105k car for £70k built to spec.

cs1874

Original Poster:

146 posts

170 months

Friday 4th April 2014
quotequote all
£105k is 10k over list to start with tho.

AMDB9

2,714 posts

207 months

Friday 4th April 2014
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That includes every option you can think of including B&O, competition pack, ceramics etc!

Palmball

1,269 posts

174 months

Saturday 5th April 2014
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But it isn't is it - adding every option to an M6 makes the car list at c.£120k. The three options of ceramics, B&O and Comp Pack come to £17k alone. Add one more tick in the full leather box and you're at £23k's worth of options.

Still, 32% off is great as that would still make a fully loaded M6 around £81k. Shame it'll still lose a further £20k+ in year one - I went into my M6 purchase eyes wide open and I suggest anyone else does the same - options will make next to no difference come resale.

AMDB9

2,714 posts

207 months

Saturday 5th April 2014
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Well put it this way then...whatever the price comes to you can get 30-34% off the total.

wnd

94 posts

123 months

Saturday 5th April 2014
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Same as last quarter then. I have one coming in a little over a month that was £104k list and I'm paying £71.5k so 31.5%

As Palmball notes, if I trade it in the day after I will be lucky to get 55-60k. The problem is not just depreciation but liquidity, they just don't sell used - full stop. Who buys a 70k car used on a crazy apr? The same dozen or so are on the AUC (bar 1 or 2 I think) that have been since I first started looking before Christmas...

But I am well prepared for this and you only live once so you might as well enjoy it biggrin




AMDB9

2,714 posts

207 months

Saturday 5th April 2014
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Thats the same with any premium car though isn't it? Agree the hit is probably slightly more on an M6 but if one bought a £75k 991 and traded it in next day surely they would get offers circa £60-63k!?

wnd

94 posts

123 months

Saturday 5th April 2014
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If you're starting at the right price, yes... but remember this car is advertised at 95k base

Why they don't just set the RRP at a more sensible level to begin with rather than putting the sticker at 95k then offering everyone 27k off before you even start to haggle (and even publishing that fact on all the dealer sites) is beyond me... ah wait: marketing! smile

...but even this must backfire as surely the headline price dissuades plenty of less well informed potential customers

AMDB9

2,714 posts

207 months

Saturday 5th April 2014
quotequote all
Agree - BMW pricing is a joke!

Even the new M3 / M4 will be offered with stupid discounts soon as when you spec those up they are insane money.

Palmball

1,269 posts

174 months

Saturday 5th April 2014
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Agreed, I don't think a well bought M6 loses anymore money than the best of it's competitors. If I went a bought a similarly spec'd C4S (list around £100k but without the huge discount), a car with undoubtedly less performance (but admittedly other redeeming benefits), I'd probably lose more physical cash in 1-2 years than an M6 with 30% off. Compare it to the (more) similarly performing yet hugely more expensive Turbo, as the Porsche will likely shed a lot more cash.

As for BMW pricing it lower in the first place, that would be far too sensible wouldn't it?!

The reality is though, the actual car itself is well worth the list price when viewed in the context of it's similarly priced competitors. It has as much performance, dynamics, refinement, luxury and build quality as any car I've owned or experienced - OK, it may not be as dynamic as my 911 Turbo or XKR-S but, as a blend of all those disciplines, it's undoubtedly the best. So, all this would suggest that it's pricing isn't that ridiculous yet unfortunately, the brand, it's volume needs and subsequent devaluing (by BMW's discounting) simply can't carry it off.

Chipper

1,314 posts

217 months

Sunday 6th April 2014
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Palmball what do you get on average in mpg and how big is the tank ?


RichardM5

1,736 posts

136 months

Sunday 6th April 2014
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My M6 average to date is 24.5mpg, tank is 80l, but it starts warning you it's low when there's 20l left.

Palmball

1,269 posts

174 months

Sunday 6th April 2014
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Regrettably I don't get the same as Richard. I assume Richards average includes a reasonable amount of motorway driving because the car will easily do 27-28mpg on a 80-90mph motorway journey. Alas, my week tends to be made up more of urban driving then, when I'm let loose of the stop-start grind, it doesn't get driven in the most economical manner!

My average is around 19mpg as a result but, to put that into context, in similar driving my various AMG's/Jag's would do mid-teens and the previous V10 M6 would do low teens, or even a touch less. I get about mid-20's from our M135i (similar to what Richard gets out of his M6!) so, for car of the M6's power and weight, I can't complain about its economy!

Blue62

8,846 posts

152 months

Monday 7th April 2014
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Seriously tempted by the M6GC, it is in my top two at the moment but I won't be confirming an order until the middle of the year for delivery in January. Are the current deals readily available at any dealer (30% and 4.9%apr)?

AMDB9

2,714 posts

207 months

Monday 7th April 2014
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Lead times quoted to me were 4-7 weeks so If you want a car in Jan you would need to order around October time.

The 30% is not readily available and dependings on dealer contributions and your negotiation skills! 19-22% is more common.

Blue62

8,846 posts

152 months

Monday 7th April 2014
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Thanks for that, I assume that 30% is achievable but as you say, it all depends. I have just bought an SQ5 for Mrs Blue and used Orangewheels, they came back with 9% which my local dealer matched, it was roughly double the next best and I can't praise them enough, in fact I feel a little guilty at not giving them the business in the end, which is why I am recommending them. I can't quite believe those lead times though, surely that can't be for a car to order?

RichardM5

1,736 posts

136 months

Monday 7th April 2014
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I think you'll get bigger discounts on the Coupe then the GC from what I've seen, but things may be different come October.

AMDB9

2,714 posts

207 months

Monday 7th April 2014
quotequote all
Blue62 said:
Thanks for that, I assume that 30% is achievable but as you say, it all depends. I have just bought an SQ5 for Mrs Blue and used Orangewheels, they came back with 9% which my local dealer matched, it was roughly double the next best and I can't praise them enough, in fact I feel a little guilty at not giving them the business in the end, which is why I am recommending them. I can't quite believe those lead times though, surely that can't be for a car to order?
That was what I was told when I enquired a few weeks back. Its for a car built to spec..might be something to do with the low numbers of cars they sell/build hence small lead times? Donno....

shadow1964

91 posts

158 months

Monday 7th April 2014
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AMDB9 said:
Lead times quoted to me were 4-7 weeks so If you want a car in Jan you would need to order around October time.

The 30% is not readily available and dependings on dealer contributions and your negotiation skills! 19-22% is more common.
Yes they were the GC was available at £98125 with a manufacturers contribution of £18000 and dealer contribution of £10300 that is circa 29% and the same percentage was available on the Coupe.

I for one had been watching closely as am tempted and thought 30% would be easily achievable but appears from what others have said should the new deals come out the same or comparable then 32% is not beyond the realms.