Discounts on new M3/M4?
Discussion
Stueyd999 said:
Hi guys
Need some advice if possible.
I can get a brand new M4 with DCT, 19" black wheels, parking package, headup display, carbon interior, comfort access and 50k service included a touch over 54k.
I've never spent so much on a car, but I've driven it and it is awesome. Do you think it is a good deal or should I just buy a second hand one when they come down a bit.
Thanks
If that is the total spec that is about 63k list so roughly 14% off, doesn't sound a bad deal. Need some advice if possible.
I can get a brand new M4 with DCT, 19" black wheels, parking package, headup display, carbon interior, comfort access and 50k service included a touch over 54k.
I've never spent so much on a car, but I've driven it and it is awesome. Do you think it is a good deal or should I just buy a second hand one when they come down a bit.
Thanks
There is a 'centre deposit contribution' of £1,160.68 and 4.9% APR showing as of now.
I'm seriously considering an M4 but that's not persuading me to buy new.
My current plan is to wait longer for a higher contribution/ better rate, keep talking to the dealers about their current pre-reg stock and keep an eye on the nearly new models.
I'm seriously considering an M4 but that's not persuading me to buy new.
My current plan is to wait longer for a higher contribution/ better rate, keep talking to the dealers about their current pre-reg stock and keep an eye on the nearly new models.
Does anyone know if Q2 for BMW UK runs from Apr - JuL? The reason I ask is there has been chatter on this forum and Bimmerpost of expectations of deals in Q2. I wonder if BMW UK set the deal at the outset of the quarter i.e. yesterday we see a contribution of ca £1200 and 4.9% finance, and that's it for the quarter or if they might further revise the deal during the quarter?
s2000db said:
Ok it's looking like there's at least £10K on unreg new stock, so pretty good I hope!
Sounds like there are some competitive prices out there if you're prepared to push for a deal; anyone had a PCP quote that reflects the discounted price and if so what are the approximate monthly repayments?S
You'd think they'd be a bit more generous taking into account the 20%+ exchange rate advantage!
robmeister said:
Does anyone know if Q2 for BMW UK runs from Apr - JuL? The reason I ask is there has been chatter on this forum and Bimmerpost of expectations of deals in Q2. I wonder if BMW UK set the deal at the outset of the quarter i.e. yesterday we see a contribution of ca £1200 and 4.9% finance, and that's it for the quarter or if they might further revise the deal during the quarter?
That is correct from the sales guy I spoke to yesterday. You'd think they'd be a bit more generous taking into account the 20%+ exchange rate advantage!
ACE997 said:
s2000db said:
You'd think they'd be a bit more generous taking into account the 20%+ exchange rate advantage!
BMW hedge their fx rates years in advance. It will be years before we see any advantage from the depreciation of the Euro.JNW1 said:
Sounds like there are some competitive prices out there if you're prepared to push for a deal; anyone had a PCP quote that reflects the discounted price and if so what are the approximate monthly repayments?
Order placed... £600 over 36 months with £10k deposit.Car is £63k list.
revtime said:
Order placed... £600 over 36 months with £10k deposit.
Car is £63k list.
Nice one revtime. Are you able to share more detail - does your deal give you the option to purchase the car, and if so the APR? Car is £63k list.
I spoke to Oracle Finance yesterday - very helpful guy. £64k spec with £14k down and 36 months of £855. GFV is £28k. APR is 7.9%. Given BMW UK are offering 4.9% on new cars currently, Oracle's advantage would be to finance nearly new dealer sourced cars where BMW's APR is 10.9%.
robmeister said:
I spoke to Oracle Finance yesterday - very helpful guy. £64k spec with £14k down and 36 months of £855. GFV is £28k. APR is 7.9%. Given BMW UK are offering 4.9% on new cars currently, Oracle's advantage would be to finance nearly new dealer sourced cars where BMW's APR is 10.9%.
At those kind of rates and with discounts of 10-15% to be had on new cars you'd probably be better off buying new at 4.9% rather than nearly new at 7.9% - there'd hardly be any savings to be made on the monthly repayment. Add to that you'd get the exact spec you want, more warranty left, less servicing, more tyre life, etc. I know which route I'd take. TDK said:
At those kind of rates and with discounts of 10-15% to be had on new cars you'd probably be better off buying new at 4.9% rather than nearly new at 7.9% - there'd hardly be any savings to be made on the monthly repayment. Add to that you'd get the exact spec you want, more warranty left, less servicing, more tyre life, etc. I know which route I'd take.
To be fair, I don' think you'd get 10-15% on a new order. The only way I've heard of that level of discount is on a car already in stock at a dealer(or military discount), so might not necessarily be the exact spec you want.Peter Vardy were doing 7k off a £61k stock car last week...end of month,end of quarter, sitting in the showroom etc so I'm sure there was more to be had...all black on black with carbon trim...very stealth, but no HUD on the spec...so it would've been a no-no for me right away regardless of the deal on offer. Still went for a spin mind you, in their demo.
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