Discounts on new M3/M4?

[VerySideways]

That'll do. Enjoy your new car

[Burwood]

yeah, that'll do

[dufflecoat]

Nice discount.

Did they do you pre-reg on new or used APR's? 4.9% or 7.x%?

Unless you paid cash !

[Triple7]

20%! Well-jel

New to Bimmers, only looking in the first place because I was given a old 328 SE. I love the straight six, so as it is a bit leggy, I went to look at a discounted 340i M Sport. Lovely car, but dealer wouldn't accept my offer and I just wasn't excited enough about it. Now looking at M3's.....(something about 4 Series rear end (too wide) that doesn't work for me.) Anyway went out in an M4 as that is all the dealer had. While I loved the seating postion and comfort, I found the cabin quite noisy, so much so the Harmon Kardon stereo was deleted off my prospective options list as you needed it so loud to hear it, i switched it off! Also too much induction noise and not enough from the rear. (£4k for a Sports exhaust is bonkers.) The M3 is competing with a used 911 (991). I prefer a new car, but i don't think an £90k 911, will lose anywhere near a discounted new M3 over 3 years. Aside that, i'm enjoying the journey.

Edited by Triple7 on Thursday 31st March 18:34

[Welshbeef]

Jazzer said:

BMW will support M4, but not M3, deals in the next quarter.

More details on Friday!

Interested to hear what this will be today

[lee st]

I want to buy today if the price is right, dealer looks to be going back on what was said before was looking for up to 18% and went to buy yesterday but dealer wasnt available. getting so frustrated.

[VerySideways]

lee st said:

I want to buy today if the price is right, dealer looks to be going back on what was said before was looking for up to 18% and went to buy yesterday but dealer wasnt available. getting so frustrated.

Yesterday was end of quarter and end of year.
Today's deals are very unlikely to be the same...

[lee st]

VerySideways said:

lee st said:

I want to buy today if the price is right, dealer looks to be going back on what was said before was looking for up to 18% and went to buy yesterday but dealer wasnt available. getting so frustrated.

Yesterday was end of quarter and end of year.
Today's deals are very unlikely to be the same...

I know thats why i was so annoyed they wouldnt take my money.

[Welshbeef]

lee st said:

I know thats why i was so annoyed they wouldnt take my money.

They must have maxed out their Q and full year bonus so saving it up for this year.

[5678]

FWIW I saw these listed recently... All sold now but he claims to have more allocation coming...

M3 Competition package offer. SOLD OUT OF M3 FOR NOW. Will confirm if more slots become available
Choice of std colours and standard leather.
Competition package, M-DCT transmission, reverse assist camera, Sun Pro Glass, HK Sound, Carbon fibre dash trim.
List price £63,325 Less special offer £10,825
Total Price £52,500 for cash of for finance.

Finance example. Deposit £5500 then 47 x £600 plus £25825 GFV (APR 4.9% based on 8K miles PA)

M4 Coupe Competition Package offer.
Choice of std colours and std leather.
Competition Package, M-DCT transmission. reverse assist camera, Sun Pro Glass, HK Sound, Carbon fibre dash trim.
List Price £63785 Less £10,835.
Total Price £52,950 OTR for cash or finance.

Finance example; Deposit £10,000 then 47 x £495 plus £26,445 GFV. (APR 4.9% based on 8K miles PA)

[Snowyark]

5678 said:

FWIW I saw these listed recently... All sold now but he claims to have more allocation coming...

M3 Competition package offer. SOLD OUT OF M3 FOR NOW. Will confirm if more slots become available
Choice of std colours and standard leather.
Competition package, M-DCT transmission, reverse assist camera, Sun Pro Glass, HK Sound, Carbon fibre dash trim.
List price £63,325 Less special offer £10,825
Total Price £52,500 for cash of for finance.

Finance example. Deposit £5500 then 47 x £600 plus £25825 GFV (APR 4.9% based on 8K miles PA)

M4 Coupe Competition Package offer.
Choice of std colours and std leather.
Competition Package, M-DCT transmission. reverse assist camera, Sun Pro Glass, HK Sound, Carbon fibre dash trim.
List Price £63785 Less £10,835.
Total Price £52,950 OTR for cash or finance.

Finance example; Deposit £10,000 then 47 x £495 plus £26,445 GFV. (APR 4.9% based on 8K miles PA)

Details Please ...

[JNW1]

Snowyark said:

5678 said:

FWIW I saw these listed recently... All sold now but he claims to have more allocation coming...

M3 Competition package offer. SOLD OUT OF M3 FOR NOW. Will confirm if more slots become available
Choice of std colours and standard leather.
Competition package, M-DCT transmission, reverse assist camera, Sun Pro Glass, HK Sound, Carbon fibre dash trim.
List price £63,325 Less special offer £10,825
Total Price £52,500 for cash of for finance.

Finance example. Deposit £5500 then 47 x £600 plus £25825 GFV (APR 4.9% based on 8K miles PA)

M4 Coupe Competition Package offer.
Choice of std colours and std leather.
Competition Package, M-DCT transmission. reverse assist camera, Sun Pro Glass, HK Sound, Carbon fibre dash trim.
List Price £63785 Less £10,835.
Total Price £52,950 OTR for cash or finance.

Finance example; Deposit £10,000 then 47 x £495 plus £26,445 GFV. (APR 4.9% based on 8K miles PA)

Details Please ...

Link below refers. The chap in question (Tony Lewis) seems to be a benchmark for good deals on BMW's (all models, not just M-cars) and a lot of people on F30 Post jumped on board with the Competition Pack deals he was offering on the M3 and M4. However, I think he had a limited allocation at that price and it looks like they've all gone; sure he'll still be able to do good deals but if those CP offers reflected any additional support due to the fact March was BMW's quarter and year-end he may not be quite able to replicate those in the short-term...

http://babybmw.net/forum/viewtopic.php?f=80&t=...

[Snowyark]

Thanks

[molar explorer]

Whilst these discounts are great, they are going to prove very costly in the long term . The depreciation curve is going to be very steep and painful unless you rely on the gfv a pcp offers. Take it from someone who has just sold a 16 month old m4!

[Welshbeef]

molar explorer said:

Whilst these discounts are great, they are going to prove very costly in the long term . The depreciation curve is going to be very steep and painful unless you rely on the gfv a pcp offers. Take it from someone who has just sold a 16 month old m4!

Go on spill how much of a bath did you take?

[nickfrog]

molar explorer said:

Whilst these discounts are great, they are going to prove very costly in the long term . The depreciation curve is going to be very steep and painful unless you rely on the gfv a pcp offers. Take it from someone who has just sold a 16 month old m4!

Genuine question : why would discounts affect the shape or steepness of the curve - you sell for less but then again you've bought for proportionality less too.

Obviously it's painful if you didn't buy at the max discount but if you have, you have a competitive advantage against others. It's neutral at worst I would have thought ?

[mikearwas]

molar explorer said:

Whilst these discounts are great, they are going to prove very costly in the long term . The depreciation curve is going to be very steep and painful unless you rely on the gfv a pcp offers. Take it from someone who has just sold a 16 month old m4!

Could you elaborate? I would be surprised if a cash buyer lost anything like the amount paid out by a PCP customer.

Edited by mikearwas on Saturday 2nd April 20:40

[dufflecoat]

Maximise discount.
Maximise deposit.
Cross fingers.

You can do no more.

[molar explorer]

The real problem selling is 2 fold. Very few dealers were even interested in bidding as the car has has some pretty negative press and there are lots for sale at dealers ( who as we know are discounting heavily to shift stock) and then there is the low offers form the dealers who are prepared to bid. I had a well spec'ed m4 convertible which taking into consideration the discount I got ( 6%), lost close to 30k in 16 months. Still that's new cars I suppose! Enjoy the cars and don't think about the money

[Welshbeef]

molar explorer said:

The real problem selling is 2 fold. Very few dealers were even interested in bidding as the car has has some pretty negative press and there are lots for sale at dealers ( who as we know are discounting heavily to shift stock) and then there is the low offers form the dealers who are prepared to bid. I had a well spec'ed m4 convertible which taking into consideration the discount I got ( 6%), lost close to 30k in 16 months. Still that's new cars I suppose! Enjoy the cars and don't think about the money

Ouch!

Can I ask given the bids you'd received why you didn't elect to run it for longer smoothing out he depreciation from c£1.9k PCM to something more acceptable for a £60k car.