Discussion
claudereff said:
cheers theBoss for that I knew my maths is poor!!
Is this deal 659 notes a month comparable with the cheap lease deals 18 months ago?
I don't know exactly what lease deals were available on M5 - I seem to recall reading about £499+VAT but don't know what initial payment or mileage applied. I'd make a guess at 6+23 or 9+23 and 8 or 10k per annum. The headline rates are broadly comparable - maybe the lease is slightly cheaper - but there are distinct pros and cons for each. Is this deal 659 notes a month comparable with the cheap lease deals 18 months ago?
If you weren't bothered about tailoring the spec, wanted to hand the car back after 24 months and were doing not much more than 8-10k miles per year the lease would almost certainly be cheaper and the costs fixed with no risk.
If you wanted the car longer term, wanted a custom spec and didn't want to be bound by mileage restrictions then the current 0% + discount is obviously much better suited. However if you change your mind and want out of the PCP after 2 years, don't expect to be able to just hand the keys back as with the lease - you could find the car is worth considerably less than the oustanding finance and you'd be on the hook for it. As with any PCP, you would have a 'get out clause' by invoking voluntarily termination at some point when half of the finance had been paid.
Edited by theboss on Sunday 22 March 19:18
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.
I was told that BMW are offering £6k contribution on the LCI (vs £9k before). However, given the list price is now £3k lower and you get full leather (a must on this car IMHO) and the multi-function seats included, it looks a better deal than the pre-LCI cars.Not many going to get sold IMO at that price.
I think the Peter Vardy page refers to the pre-LCI cars. I may need to speak to them about what they will do on LCI.
DB
DB77 said:
I was told that BMW are offering £6k contribution on the LCI (vs £9k before). However, given the list price is now £3k lower and you get full leather (a must on this car IMHO) and the multi-function seats included, it looks a better deal than the pre-LCI cars.
I think the Peter Vardy page refers to the pre-LCI cars. I may need to speak to them about what they will do on LCI.
DB
That sounds more like what I was told, keep us up to speed thanks.I think the Peter Vardy page refers to the pre-LCI cars. I may need to speak to them about what they will do on LCI.
DB
the bigger discounts have to come back - nobody is going to buy these without! at the 70k level i'd be tempted, but it's still about 5k more than i'd like to spend on a car like this. not that i can bring myself to spend any money on a car right now - but i'm working on the man maths real hard..
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