Discounts on new M3/M4?

[Burwood]

cs1874 said:

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.

This. No 15 off new customer spec cars. Compromise and you get a deal.

[revtime]

robmeister said:

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?

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%.

I managed to get a 15% discount on a factory order, APR is 6.4%, the deal was done in the last week of March.

It's a PCP with a buyback of £29.9k after 36 months.

Options on the car:

M4 Sakhir Orange DCT
Full black leather
HK
HUD
Sun protection pack
CF interior

Only downside is I have to wait till mid / late June for delivery!

Edited by revtime on Sunday 5th April 20:16

Edited by revtime on Sunday 5th April 20:59

[Burwood]

Great deal rev. Good to know it's achievable

[rs4al]

Rev, you must have some low annual mileage to achieve that GFV, lowest I can get is 8000pa £27,823 !

[revtime]

rs4al said:

Rev, you must have some low annual mileage to achieve that GFV, lowest I can get is 8000pa £27,823 !

It was based on 8k miles - I think that's the lowest miles BMW offer on their finance.

I had no intention of buying HK and HUD, but it increased the GFV by £900, when you applied the discount as well, it only worked out at an extra £5 a month!

List price for the car was £63k ish.

Edited by revtime on Monday 6th April 12:06

[Lee551247]

revtime said:

I managed to get a 15% discount on a factory order, APR is 6.4%, the deal was done in the last week of March.

It's a PCP with a buyback of £29.9k after 36 months.

Options on the car:

M4 Sakhir Orange DCT
Full black leather
HK
HUD
Sun protection pack
CF interior

Only downside is I have to wait till mid / late June for delivery!

Edited by revtime on Sunday 5th April 20:16

Edited by revtime on Sunday 5th April 20:59

Do you mind me asking which dealer gave you 15% as I'm looking to purchase one, thanks

[ACE997]

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

[Burwood]

ACE997 said:

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

Read what is says about BMW specifically . FFS read it,

Edited by Burwood on Monday 6th April 21:12

[ACE997]

Burwood said:

ACE997 said:

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

Read what is says about BMW specifically . FFS read it,

Edited by Burwood on Monday 6th April 21:12

I know what the article says. BMW have some natural fx hedges and they have a huge portfolio of fx forward hedges. I know this because this is my line of business and BMW is one of my biggest clients.

I said:
"BMW hedge their fx rates years in advance."
That is an entirely correct statement.

You replied to that:
"Not correct".
Explain what is "Not correct"? The only thing that is "Not correct" is you!

[Burwood]

ACE997 said:

Burwood said:

ACE997 said:

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

Read what is says about BMW specifically . FFS read it,

Edited by Burwood on Monday 6th April 21:12

I know what the article says. BMW have some natural fx hedges and they have a huge portfolio of fx forward hedges. I know this because this is my line of business and BMW is one of my biggest clients.

I said:
"BMW hedge their fx rates years in advance."
That is an entirely correct statement.

You replied to that:
"Not correct".
Explain what is "Not correct"? The only thing that is "Not correct" is you!

Which means you must work for one if my staff. Jog on ace u tool

[theboss]

Burwood said:

ACE997 said:

Burwood said:

ACE997 said:

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

Read what is says about BMW specifically . FFS read it,

Edited by Burwood on Monday 6th April 21:12

I know what the article says. BMW have some natural fx hedges and they have a huge portfolio of fx forward hedges. I know this because this is my line of business and BMW is one of my biggest clients.

I said:
"BMW hedge their fx rates years in advance."
That is an entirely correct statement.

You replied to that:
"Not correct".
Explain what is "Not correct"? The only thing that is "Not correct" is you!

Which means you must work for one if my staff. Jog on ace u tool

... says the illiterate big boss. Gotta love the cock waving on PH.

[ACE997]

Burwood said:

Which means you must work for one if my staff. Jog on ace u tool

Haha, ad hominem, that settles it then: BMW hedge fx and we won't be seeing any Euro related price reductions on the M4 in the near future.

Or maybe you can keep going, Burwood, and we can read some new posts in your "getting kicked off threads" section.

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[Burwood]

ACE997 said:

Burwood said:

Which means you must work for one if my staff. Jog on ace u tool

Haha, ad hominem, that settles it then: BMW hedge fx and we won't be seeing any Euro related price reductions on the M4 in the near future.

Or maybe you can keep going, Burwood, and we can read some new posts in your "getting kicked off threads" section.

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

I'd have to make a gay ref to get kicked off . Actually a derogatory ref like ace which cd be ace in the hole . You know what I'm saying.

[Burwood]

theboss said:

Burwood said:

ACE997 said:

Burwood said:

ACE997 said:

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

Read what is says about BMW specifically . FFS read it,

Edited by Burwood on Monday 6th April 21:12

I know what the article says. BMW have some natural fx hedges and they have a huge portfolio of fx forward hedges. I know this because this is my line of business and BMW is one of my biggest clients.

I said:
"BMW hedge their fx rates years in advance."
That is an entirely correct statement.

You replied to that:
"Not correct".
Explain what is "Not correct"? The only thing that is "Not correct" is you!

Which means you must work for one if my staff. Jog on ace u tool

... says the illiterate big boss. Gotta love the cock waving on PH.

Where's that parrot, neil.

[P13TR0]

Burwood said:

I'd have to make a gay ref to get kicked off . Actually a derogatory ref like ace which cd be ace in the hole . You know what I'm saying.

No, nobody knows what you are saying! Burwood, with the illiterate nonsense you are spouting, I would imagine that the only member of staff you manage is your right hand.

Quick, turn the porn channel off, your mummy is coming up stairs with your Coco Pops!

It seems things really go down hill on PH during the school holidays!

[theboss]

Burwood said:

theboss said:

Burwood said:

ACE997 said:

Burwood said:

ACE997 said:

Burwood said:

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.

Not correct. Bmw operate natural hedges whereby their factories loosely align to supply in their markets.

BMW hedge Euro fx. You seem very sure of yourself, Burwood, but maybe you should check your facts before spreading misinformation here. Try a Google search next time.

http://www.bloomberg.com/news/articles/2015-03-17/...

Read what is says about BMW specifically . FFS read it,

Edited by Burwood on Monday 6th April 21:12

I know what the article says. BMW have some natural fx hedges and they have a huge portfolio of fx forward hedges. I know this because this is my line of business and BMW is one of my biggest clients.

I said:
"BMW hedge their fx rates years in advance."
That is an entirely correct statement.

You replied to that:
"Not correct".
Explain what is "Not correct"? The only thing that is "Not correct" is you!

Which means you must work for one if my staff. Jog on ace u tool

... says the illiterate big boss. Gotta love the cock waving on PH.

Where's that parrot, neil.

Apologies if something went over my head. I'd had a few

[VerySideways]

So anyway, who fancies an M3 Touring? I think we should ask BMW to make one

[RossP]

VerySideways said:

So anyway, who fancies an M3 Touring? I think we should ask BMW to make one

Oh yes!

[Little Lofty]

Yeah its weird how Audi only make an estate/avant version of their 4 door mid/large size RS models yet BMW say there is no market for an M3 Touring. I think an M3 Touring would look the business. I guess there are no plans for a M5 Touring for the current model?

[robmeister]

Ahem, this thread is entitled 'Discounts on new M3/ M4'......