Discounts on new M3/M4?
Discussion
Had a 24hr test drive in a 2016 m4 dct coupe.
I'm driving an F10 m5 presently which suppresses noise from the v8 and turbos very well but is quite muted unless you have windows open.
The M4 sounded lovely in my opinion, nice turbo wooshes, crackle and pops from the exhaust on over run. It wasn't all speaker too, I had someone drive past me, it sounded very good indeed.
A 1.2d polo, now that sounds awful, truly horrific as the gentleman said, not an M4.
I'm driving an F10 m5 presently which suppresses noise from the v8 and turbos very well but is quite muted unless you have windows open.
The M4 sounded lovely in my opinion, nice turbo wooshes, crackle and pops from the exhaust on over run. It wasn't all speaker too, I had someone drive past me, it sounded very good indeed.
A 1.2d polo, now that sounds awful, truly horrific as the gentleman said, not an M4.
Wills2 said:
bigtime said:
I don't know why but E92 M3's are holding good money at the moment.
Because they're lovely cars with an immense engine that's one of the best they have ever produced. Plus it was launched into the teeth of the late unpleasantness so not exactly a volume seller.
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
I was lucky I got 49.5K for my LCI M3 bought September 2015, PXed for May 2016, the price was a "forward Valuation", well pleased as the arse has fallen out of these cars.If I was to trade it today.............. probably £15K+ lost.
MWM3 said:
It hasn't really fallen out of them though. Only if you bought within the first 6 months would you really be feeling it. As per your post on Cutters, you've lost only about £5k in 7/8 months ownership which on a brand new car at £54.5k isn't bad going at all.
Yea that's what I thought.Eviltad said:
Wills2 said:
bigtime said:
I don't know why but E92 M3's are holding good money at the moment.
Because they're lovely cars with an immense engine that's one of the best they have ever produced. Plus it was launched into the teeth of the late unpleasantness so not exactly a volume seller.
I am in early stage of negotiation on a new M4 in the North West / Cheshire area. Spec is coming in around £63k. Their initial offer was £60k so ~5% discount.
One person above has mentioned a closer to 20% discount in April after their year end but any other insights into how realistic holding out for ~18-20% discount is going to be now their year end has passed?
I was thinking 15% would be a nice baseline to not move from?
One person above has mentioned a closer to 20% discount in April after their year end but any other insights into how realistic holding out for ~18-20% discount is going to be now their year end has passed?
I was thinking 15% would be a nice baseline to not move from?
To add to the above I assume the 18-20% discounts include the ~£4k that BMW put in as part of the PCP finance option?
So technically in my example above they are putting in £4k for finance and then £3k off the car price so £7k in total.
So this is considered 11% discount to be comparable to the examples earlier on the thread?
So technically in my example above they are putting in £4k for finance and then £3k off the car price so £7k in total.
So this is considered 11% discount to be comparable to the examples earlier on the thread?
Gfishwick said:
To add to the above I assume the 18-20% discounts include the ~£4k that BMW put in as part of the PCP finance option?
So technically in my example above they are putting in £4k for finance and then £3k off the car price so £7k in total.
So this is considered 11% discount to be comparable to the examples earlier on the thread?
AS you say, a good baseline is 15%. That seems achievable at a number of dealers-change dealer if they won't get closer.So technically in my example above they are putting in £4k for finance and then £3k off the car price so £7k in total.
So this is considered 11% discount to be comparable to the examples earlier on the thread?
bigtime said:
15% discount in total is how I understand the discount. So if you are taking the finance and the car is 63k the invoice total should be £53,550. I would push for a little more off though.
Deal I posted above was 17.1% off on a cash deal for a competition pack car. Should certainly be able to match it give you're taking their finance. Let me know if you want me to point you in direction of sales guy who is actually a genuinely lovely chap which makes a nice change.Edited by mikearwas on Wednesday 27th April 19:32
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