BMW M6 deals

BMW M6 deals

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Palmball

1,267 posts

173 months

Sunday 7th September 2014
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spunko2010 said:
And did you get your money's worth with the 190mph limit? biggrin Go on, how fast...
Depends on how you define worth it!

I travelled to Germany a couple of times since doing it and very easily had an indicated 196 before it slammed into its new limiter - very refined and composed it was too so it's clearly made for it. There's a thread somewhere on here about it. I had some fun so in that respect, it was worth it. And of course I've still got the track day to enjoy (which looking at the itinerary is no doubt a significant part of the overall cost).

IATM

3,778 posts

146 months

Monday 8th September 2014
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I test drove an M6 on a "private track" and I still remember speaking to the person who just came out of the car saying he had hit 140mph on a short straight and I honestly thought he was talking rubbish and was just trying to show off. I merely acknowledged it saying really; I am not surprised being an M6.

It was my turn next and the thing really is a time travel machine - the way it belts through the gears with such accuracy and the way it gathers speed is just unreal. The highest I hit was 160mph and that was not due to limitations of the car, I ran out of "track". It is mind boggling fast but more importantly it felt it could do that speed with noooo problems what so ever, it was so planted so well composed and really a pleasure to drive at such speeds. I have been in some cars and I would be scared to do 100mph in them even though they are limited to 155mph.. I had to slow down at one point and coming back down to 60/70mph was really like doing 20mph.

Really is on my list of cars to get as soon as depn hits the used ones a bit more.

A true masterpiece. All round excellent car. Really was love at first sight for me - Just want them to hit around 45-50 which I don't think will be too long and I will be doing some SERIOUS man maths!

Edited by IATM on Monday 8th September 16:18

JMBMWM5

Original Poster:

2,283 posts

197 months

Monday 8th September 2014
quotequote all
IATM said:
I test drove an M6 on a "private track" and I still remember speaking to the person who just came out of the car saying he had hit 140mpg on a short straight and I honestly thought he was talking rubbish and was just trying to show off. I merely acknowledged it saying really I am not surprised being an M6.

It was my turn next and the think really is a time travel machine - they way it belts through the gears with such accuracy and the way it gathers speed is just unreal. The highest I hit was 160mph and that was not due to limitations of the car, I ran out of track. It is mind boggling fast but more importantly it felt it could do that speed with noooo problems what so ever, it was so planted so well composed and really a pleasure to drive at such speeds. I have been in some cars and I would be scared to do 100mph in them even though they are limited to 155mph.. I had to slow down at one point and coming back down to 60/70mph was really like doing 20mph.

Really is on my list of cars to get as soon as depn hits the used ones a bit one.

I true masterpiece. All round excellent car. Really was love at first sight.
I know what you mean, I just got an email saying my M6GC CP is built today. lick

A couple of weeks then it should be here.

IATM

3,778 posts

146 months

Monday 8th September 2014
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JMBMWM5 said:
IATM said:
I test drove an M6 on a "private track" and I still remember speaking to the person who just came out of the car saying he had hit 140mpg on a short straight and I honestly thought he was talking rubbish and was just trying to show off. I merely acknowledged it saying really I am not surprised being an M6.

It was my turn next and the think really is a time travel machine - they way it belts through the gears with such accuracy and the way it gathers speed is just unreal. The highest I hit was 160mph and that was not due to limitations of the car, I ran out of track. It is mind boggling fast but more importantly it felt it could do that speed with noooo problems what so ever, it was so planted so well composed and really a pleasure to drive at such speeds. I have been in some cars and I would be scared to do 100mph in them even though they are limited to 155mph.. I had to slow down at one point and coming back down to 60/70mph was really like doing 20mph.

Really is on my list of cars to get as soon as depn hits the used ones a bit one.

I true masterpiece. All round excellent car. Really was love at first sight.
I know what you mean, I just got an email saying my M6GC CP is built today. lick

A couple of weeks then it should be here.
Wow lucky you! very envious!
What spec did you get? Its ok, I seen it on page 2 - nice spec!) You HAVE to put some pics up when you get it so I can get my daily M6 fix - the mrs is starting to get worried I will cheat on her with an M6!

Edited by IATM on Monday 8th September 16:26

JMBMWM5

Original Poster:

2,283 posts

197 months

Monday 8th September 2014
quotequote all
IATM said:
Wow lucky you! very envious!
What spec did you get? Its ok, I seen it on page 2 - nice spec!) You HAVE to put some pics up when you get it so I can get my daily M6 fix - the mrs is starting to get worried I will cheat on her with an M6!

Edited by IATM on Monday 8th September 16:26
Yea will put up some pictures as and when, it's alpine white with the red leather, should look nice.

911F

2,934 posts

189 months

Tuesday 9th September 2014
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Ok...

Cheapest used M6 is £58k - 2012 with 8k miles.

Broadspeed - Brand new M6 £65k.

Surely used should be cheaper?

I understand spec is important, but looking at BMW.co.uk, a standard car looks pretty loaded to me!

So im thinking, buy a boggo one at 65k, use it for a year - it would still be worth £60k


Palmball

1,267 posts

173 months

Tuesday 9th September 2014
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911F said:
Ok...

Cheapest used M6 is £58k - 2012 with 8k miles.

Broadspeed - Brand new M6 £65k.

Surely used should be cheaper?

I understand spec is important, but looking at BMW.co.uk, a standard car looks pretty loaded to me!

So im thinking, buy a boggo one at 65k, use it for a year - it would still be worth £60k
Not a chance I'm afraid....if the cheapest M6 now is £58k (and don't forget, this won't be a bog standard car - it will have some options), you can bet the owner was paid £53-54k for it (at best)....another year down the line when there's a facelift car on the market and more used examples about, you'll be selling your bog standard M6 at sub £50k.


hantsxlg

862 posts

231 months

Wednesday 10th September 2014
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The used 18-24 month old M6 at £58K isn't going to sell when you can buy a brand new spankers one for £65K, unless the used one has an amazing super-duper spec and is in the exact colour you want and you can't be bothered to wait for a new one to be built.

I think we will be seeing sub 50K M6s quite soon from the dealers who want/need to shift them, rather than the dealers who are trying to pretend the residuals should be measured agaisnt 'list' not the 'drivethedeal' price.

Jonny TVR

4,533 posts

280 months

Wednesday 10th September 2014
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HoHoHo said:
Nice spec yes

Edited to add I've got 24 months left on my F10 M5 and whilst I'm a while away for having to make decision I really don't know what I'm going to replace it with, it's such a fecking great all round car scratchchin

Edited by HoHoHo on Friday 5th September 20:03
I've now got 15 months left on my F10 M5 and was thinking the same .. do like the M6 but I have three children so may not be practical. Another M5?!

DB77

207 posts

146 months

Wednesday 10th September 2014
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Jonny TVR said:
I've now got 15 months left on my F10 M5 and was thinking the same .. do like the M6 but I have three children so may not be practical. Another M5?!
I am in a pretty similar situation (but with one child so more options). Not sure what I can replace the M5 with - I thought about an RS6 or M6 GC; now thinking of waiting to see what changes come with the LCI M6.

DB


HoHoHo

14,979 posts

249 months

Wednesday 10th September 2014
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Of course it may well depend on the deals that BMW are offering in 18 months time yes

I'm not sure we'll see the likes of those lease prices again frown

911F

2,934 posts

189 months

Wednesday 10th September 2014
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What percentage of people buying a used M6 know about the deals.. about broadspeed. .

Your average middle aged buyer...

Do they use PH?

Blue62

8,740 posts

151 months

Wednesday 10th September 2014
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911F said:
What percentage of people buying a used M6 know about the deals.. about broadspeed. .

Your average middle aged buyer...

Do they use PH?
Most people who are in the market for an M6 would likely to be an enthusiast and on that basis I'm sure they would visit forums and scan the market, regardless of their age. There may be a few luddites out there, but at this end of the market people are far more savvy.

JMBMWM5

Original Poster:

2,283 posts

197 months

Wednesday 10th September 2014
quotequote all
Blue62 said:
Most people who are in the market for an M6 would likely to be an enthusiast and on that basis I'm sure they would visit forums and scan the market, regardless of their age. There may be a few luddites out there, but at this end of the market people are far more savvy.
You are so right, I am an old git, but buy high end performance cars every year so far anyway, I play the dealers off against one another till I get the best price offered , then see if listers can match or beat it, they have so far come up trumps on thew last 6 new BMW cars I have bought.
I always get a great deal.

Schermerhorn

4,342 posts

188 months

Wednesday 10th September 2014
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The black M6 at Sandal Huddersfield has been there for the best part of a year now. I remember test driving it last September. The mileage was pretty much what is it now, give or take a few hundred miles.

I have watched it come down almost £20,000 in 12 months and still no takers.

These things must be really hard to shift outside of a lease programme.

shadow1964

91 posts

157 months

Wednesday 10th September 2014
quotequote all
Blue62 said:
Most people who are in the market for an M6 would likely to be an enthusiast and on that basis I'm sure they would visit forums and scan the market, regardless of their age. There may be a few luddites out there, but at this end of the market people are far more savvy.
I am another agreeing with this view.

I too am of the opinion the used M6 market has to fall a great deal further otherwise these will be hard to shift when you can buy a new car for not much more and in some cases cheaper!

We know what the base price at Broadspeed is and if the Vardy offer is still live/genuine and my maths are correct they will offer an M6 at sub 64k.

Ok we would all like a few extra toys and we are varied in our thoughts on this but noting what different people have spec'd on the various topics the extras normally come in circa £10,000. There will always be the odd exception to this rule on spec and then there is the king of spec Palmball but by and large £10k normally covers it.

I guess on the extras there must be at least a 10% discount with 15% achievable and with a great blag possibly 20%, so you can have a decent spec'd brand spanking new vehicle for circa £71k. This, in my opinion makes the new market more attractive in many ways than the used in that the car will be:-


a To your liking
b Benefits from the full 3 year warranty
c Comes with 1 year road tax - used car may only be partial
d No miles on clock outside delivery
e Everything is absolutely pristine as fresh from factory - used will be (should be) very good condition but will have had some use.

So looking at the current used offering I fail to see why there are so many used versions with spec's no better (and sometimes inferior) that have a sticker price of £72k and beyond when you can buy new for the same spec cheaper?

Something is out of kilter and to me it has to be second hand residuals as the manufacturer discounts will not change. They may well introduce different incentives but they will always work out similar. In my view they cannot take these incentives away as they will just not sell any full stop and thus will bring the end to M6 production.

So it will have to be the second hand market that moves. Also for those that require part or full financing a 'cheap' APR on used is 9.6% but most are between 10-12.5%, this is far too high given when buying new it is 4.9%.

The used market values make no sense and as noted by many on here cars are just not shifting, this will not change until dealers bite the bullet and accept they, as a rule, are not 'value' compared to that of a new car.

Only my opinion of course folks.



JMBMWM5

Original Poster:

2,283 posts

197 months

Wednesday 10th September 2014
quotequote all
shadow1964 said:
I am another agreeing with this view.

I too am of the opinion the used M6 market has to fall a great deal further otherwise these will be hard to shift when you can buy a new car for not much more and in some cases cheaper!

We know what the base price at Broadspeed is and if the Vardy offer is still live/genuine and my maths are correct they will offer an M6 at sub 64k.

Ok we would all like a few extra toys and we are varied in our thoughts on this but noting what different people have spec'd on the various topics the extras normally come in circa £10,000. There will always be the odd exception to this rule on spec and then there is the king of spec Palmball but by and large £10k normally covers it.

I guess on the extras there must be at least a 10% discount with 15% achievable and with a great blag possibly 20%, so you can have a decent spec'd brand spanking new vehicle for circa £71k. This, in my opinion makes the new market more attractive in many ways than the used in that the car will be:-


a To your liking
b Benefits from the full 3 year warranty
c Comes with 1 year road tax - used car may only be partial
d No miles on clock outside delivery
e Everything is absolutely pristine as fresh from factory - used will be (should be) very good condition but will have had some use.

So looking at the current used offering I fail to see why there are so many used versions with spec's no better (and sometimes inferior) that have a sticker price of £72k and beyond when you can buy new for the same spec cheaper?

Something is out of kilter and to me it has to be second hand residuals as the manufacturer discounts will not change. They may well introduce different incentives but they will always work out similar. In my view they cannot take these incentives away as they will just not sell any full stop and thus will bring the end to M6 production.

So it will have to be the second hand market that moves. Also for those that require part or full financing a 'cheap' APR on used is 9.6% but most are between 10-12.5%, this is far too high given when buying new it is 4.9%.

The used market values make no sense and as noted by many on here cars are just not shifting, this will not change until dealers bite the bullet and accept they, as a rule, are not 'value' compared to that of a new car.

Only my opinion of course folks.
Agree with most you say, BUT there is NO free road TAX in fact it's doubled for new cars, so the M6 would be in the region of £900 for the first year.

shadow1964

91 posts

157 months

Wednesday 10th September 2014
quotequote all
Oh ok, not looked for a while but thought it was included as part of the 'on road price' I knew there was a premium for year 1 registration but thought it was all wrapped up in the aforementioned? Apologies if I have this wrong but even stripping this out the playing field is uneven.

Cheers

JMBMWM5

Original Poster:

2,283 posts

197 months

Wednesday 10th September 2014
quotequote all
shadow1964 said:
Oh ok, not looked for a while but thought it was included as part of the 'on road price' I knew there was a premium for year 1 registration but thought it was all wrapped up in the aforementioned? Apologies if I have this wrong but even stripping this out the playing field is uneven.

Cheers
Yep agreed it is.
The prices shown on secondhand cars such as the M6 do not reflect the heavy discounts we can get if we try.
I got a very good deal on the one I am getting in a week or 2, £76600:00 is the total exact cost fully loaded, and because it was put back 10 weeks BMW UK have offered me £3K back in cheque form on delivery day biggrin
So the car has cost me £73600:00, so the depreciation should not be such a big hit.
That price is lower than any 1 year old car on sale just about.


Edited by JMBMWM5 on Wednesday 10th September 15:58

911F

2,934 posts

189 months

Wednesday 10th September 2014
quotequote all
Such a bizarre situation, as noted, there are cars out there a year old that are above the cost of what you can buy a new one for.

BMW dealers must know what is going on. I wonder if they would take low ball offers - £50k on a car up for £60k..

What would a BMW dealer say if you showed him your Broadspeed Print out?