New M6 prices

[JMBMWM5]

P13TR0 said:

Just over 15k off an M5 is doable. Not sure what the q2 offers will be though?

I cannot understand why you would put any deposit down on a 0% deal... Surely you can get a better than 0% return on a 6K investment?

John, didn't you get a "special" discount on your 73K M6? I don't think that would be achievable without some additional BMW UK contribution?

I just punted around, BMW in Luton offered me £28K off without a fight.
My car specced @ 109K + Service pack, I ended up paying a total of £73666:00 including my LCI M5 as trade-in.

[Mark777]

Is the 0% available on just a " new car build" or is it available on (if any) pre-reg/cancelled orders/dealer stock cars?

[Mark777]

theboss said:

If you're talking M5's not M6's... I just bought one with a number of options (£79k list) for £6k down and £722/month on 4 years 0%. Standard spec was available for £6k down and £650/month. PM me if you want more info. We're still in the same quarter.

Edited by theboss on Thursday 19th March 15:26

PM'd thanks.

[P13TR0]

msdes123 said:

Its a lose-lose whatever you decide to do, according to the WBAC value of my M6 if Id put down 25K equivalent deposit that money would have simply disappeared now in depreciation in the space of less than 2 months, or putting it another way if I had financed the full value I paid on the 0% deal I would now have a car with over 20-25K negative equity on it.

Fantastic car and all but just be aware of this if you change cars regularly before the end of the finance deal duration

This is a salient point. These 0% deals only represent good value if you keep the car for the full term. Otherwise, the depreciation wil be a killer.

However, if you do keep the car for the term and you invest your 80k well, this works out as a very reasonable way of owning a fantastic car!

[throt]

What has happened to the M brand. The residuals are awful.

They use to be really good a good few year back.

[tyrrell]

throt said:

What has happened to the M brand. The residuals are awful.

They use to be really good a good few year back.

Over supply leads to dealers heavy discounts to shift stock same as all mainstream brands nowadays.

[MattW123]

Im currently in a F10 M5 and paying just under £650 per month on a lease deal. Iv still got another 2 years of lease, but just out of curiosity, what sort of payments per month are on current M6 deals on PCP (with deposits of around £5k or less) or PCH? Im just curious how different the payments end up being.

[Cheib]

tyrrell said:

throt said:

What has happened to the M brand. The residuals are awful.

They use to be really good a good few year back.

Over supply leads to dealers heavy discounts to shift stock same as all mainstream brands nowadays.

Well I think it's two things....it's definitely supply. Ten years ago BMW were making a million cars a year....now it's two million. And the way people buy cars has changed....totally dominated by finance and lease deal. List prices are to an extent artificially inflated so that BMW can either offer big dicounts so people get a "bargain" or they offer cheap lease deals.

[SFO]

JMBMWM5 said:

ust specced one up £104K with Service pack, silly money as I paid £73K for the same car.
They must give some huge discounts to temp people IMO.

This is for the facelift M6? The new one that is just about to make it into the showrooms?

[nbetts]

throt said:

What has happened to the M brand. The residuals are awful.

They use to be really good a good few year back.

I think this is a myth. I have been buying M Cars since the 1990's - just a couple of the worst examples spring to mind

My Estoril E36 M3 Evolution SMG Convertible was £46k in 1998 I sold it for £28k in 2000

My 1998 Z3 M-Roadster was £42660 in 1998 I sold it 6 months later for £28k...

M-Cars are great but none of the ones I have owned have been great for residuals... as long as you know that up front, they are epic cars

[NORTS]

nbetts said:

I think this is a myth. I have been buying M Cars since the 1990's - just a couple of the worst examples spring to mind

My Estoril E36 M3 Evolution SMG Convertible was £46k in 1998 I sold it for £28k in 2000

My 1998 Z3 M-Roadster was £42660 in 1998 I sold it 6 months later for £28k...

M-Cars are great but none of the ones I have owned have been great for residuals... as long as you know that up front, they are epic cars

Was going to say the same thing, statistics show that M comes have always lost a lot of money in first few years. Same can be said about AMG products, and RS. In fact most premium branded cars!

[JMBMWM5]

Anyone going to buy a new M6 or M6 GC is in for a shock, £6K contribution only from BMW on them at the moment.
Not many going to get sold IMO at that price.

[TheHound]

JMBMWM5 said:

Anyone going to buy a new M6 or M6 GC is in for a shock, £6K contribution only from BMW on them at the moment.
Not many going to get sold IMO at that price.

HUH???

Try £19k off without even trying and 0% to boot.

http://www.bmw.co.uk/en_GB/topics/owners/offers/m-...

Peter Vardy offering even better contribution.

[JMBMWM5]

TheHound said:

HUH???

Try £19k off without even trying and 0% to boot.

http://www.bmw.co.uk/en_GB/topics/owners/offers/m-...

Peter Vardy offering even better contribution.

I was obviously told a load of bull yesterday!!!!

[TheHound]

Yes you were. Peter Vardy are actually offering over £23k off

[JMBMWM5]

TheHound said:

Yes you were. Peter Vardy are actually offering over £23k off

Good news for some, good find.

[claudereff]

Am I missing something with the BMW retail select finance offers, take the M5 offer on the road price 73960 you make a deposit the dealer makes a deposit and BMW make a small deposit the balance is on 0% 48 equal payments of 659 per month 24457.50 to buy the car at the end in total you pay 73960

So the dealer and BMW contribution is effectively a loan?

I have seen the Vardy offer which is far superior but even then the BMW contribution is paid back i.e. 2k if you buy the car

Is my CSE maths letting me down again?

[sumo69]

claudereff said:

Am I missing something with the BMW retail select finance offers, take the M5 offer on the road price 73960 you make a deposit the dealer makes a deposit and BMW make a small deposit the balance is on 0% 48 equal payments of 659 per month 24457.50 to buy the car at the end in total you pay 73960

So the dealer and BMW contribution is effectively a loan?

I have seen the Vardy offer which is far superior but even then the BMW contribution is paid back i.e. 2k if you buy the car

Is my CSE maths letting me down again?

The total payable on the quotes will include both the dealer and BMW contribution - if you list your figures here I should be able to proove that to you!

David

[t7mbo]

Done a deal today on a new M6 convertible in San marino with 20 inch alloys.
Full leather and multifunction seats are now standard.
8k deposit, £735 per month over 48 months with a 30k GMFV.
Achieved just under 25k discount.

[theboss]

claudereff said:

Am I missing something with the BMW retail select finance offers, take the M5 offer on the road price 73960 you make a deposit the dealer makes a deposit and BMW make a small deposit the balance is on 0% 48 equal payments of 659 per month 24457.50 to buy the car at the end in total you pay 73960

So the dealer and BMW contribution is effectively a loan?

I have seen the Vardy offer which is far superior but even then the BMW contribution is paid back i.e. 2k if you buy the car

Is my CSE maths letting me down again?

Add up 24457, 48x659 and your deposit (assume £6k) and you'll see that the total *you* pay is somewhere just north of £60k

The difference between that sum and the list price is the dealer discount + BMW contribution.