BMW 640d sport

[Blown2CV]

Got my eye on one of these, maybe. Seem like some incredible lease deals out there. Are the cars as good as they sound?

[Matt UK]

I've not driven one, but if you are looking for a GT coupe, I've not read a bad word about them.
I think the latest 6 finally looks good as well.

[Christian85]

I think the latest 6 series looks incredibly better then its predecessor, they are bringing a 4 door out soon which doesn't look at all bad. In regards to the 640d i've heard nothing but great things about them, are there any other makes/models you should be considering when looking at these?

[T1CHS]

How the hell can a company do a lease at £389 a month on a £61k car?

[talksthetalk]

Cos they pay 40-45k for it.

[anonymous-user]

T1CHS said:

How the hell can a company do a lease at £389 a month on a £61k car?

Or maybe you need to reverse the question

How the hell can a company expect to sell a car for £61k that can be leased for £389 a month?

[T1CHS]

Good point, well made! Certinly are tempting at this price point! Make a New E-class look expensive.

[Welshbeef]

Where are these deals?

That's amazing!

I've sen a few in the flesh and boy do they look good I'd certainly consider one.

[Blown2CV]

it looks like there are some heavy discounts of up to £10k on some of them... also the lease cost is to pay for the depreciation no the purchase price. If it depreciates from £50k to £30k over 3 years then it's £20k less deposit (i think 6 times payment on these deals so £2.5-3k) divided by 36 payments so it's in that area isn't it? Cracking deal really.

[Blown2CV]

T1CHS said:

How the hell can a company do a lease at £389 a month on a £61k car?

where are you seeing that particular deal?

[Face for Radio]

T1CHS said:

How the hell can a company do a lease at £389 a month on a £61k car?

A £61k car probably only costs BMW something like £20k to make.

[Blown2CV]

Face for Radio said:

T1CHS said:

How the hell can a company do a lease at £389 a month on a £61k car?

A £61k car probably only costs BMW something like £20k to make.

that's not the point though. They don't sell it to a lease company for what it costs them to make, they sell it at list price less dealer margin less volume/fleet discount and the lease company use that as the bas price and add on an admin fee to give £X. Based on that, they take the estimated value at the end of a lease £Y.

X-Y = depreciation D

balance B = D + interest

36 month agreement has 3x monthly payment as deposit (usually) so

payment = B/39

[RobM77]

Face for Radio said:

T1CHS said:

How the hell can a company do a lease at £389 a month on a £61k car?

A £61k car probably only costs BMW something like £20k to make.

For sure, obviously car companies need profits to pay the thousands of employees for the years of work that go into designing, engineering, testing and supporting a car. I can't confirm what this ratio is for BMW and how close you are, but I do know that the companies with the largest differences are obviously the ones Avis and Hertz end up buying in bulk. I once heard what Avis buy an "£18k" Vectra for and was dumbstruck!! It makes sense though if you drive the cars and look at them and judge their quality. A £12k Fiesta is clearly not equivalent to a £12k Yaris - Ford were even still using their old Kent engine up until a few years ago, when their rivals had fully up to date engines producing way more mpg and bhp.

[Seb d]

I've driven it and really enjoyed it, excellent all-rounder. If you like the looks, you won't go wrong, very impressive.

[Blown2CV]

Blown2CV said:

Face for Radio said:

T1CHS said:

How the hell can a company do a lease at £389 a month on a £61k car?

A £61k car probably only costs BMW something like £20k to make.

that's not the point though. They don't sell it to a lease company for what it costs them to make, they sell it at list price less dealer margin less volume/fleet discount and the lease company use that as the bas price and add on an admin fee to give £X. Based on that, they take the estimated value at the end of a lease £Y.

X-Y = depreciation D

balance B = D + interest

36 month agreement has 3x monthly payment as deposit (usually) so

payment = B/39

also to be factored in is lease company the have a vehicle that they 'owes' them Y as a trade price, they can then make a little tickle back buy sending it to block auction or some other channel at a value over Y.

[Flying machine]

I'd love one! Next daily maybe....

[Motorrad]

Can't wait for these a decade later when they cost 2 grand.

[Blown2CV]

Motorrad said:

Can't wait for these a decade later when they cost 2 grand.

prev shape 635d is down to a decent value now! Not quite £2k though i don't think...

[robsa]

This is about the cheapest.... tempted?

http://www.ebay.co.uk/itm/BMW-6-SERIES-645CI-2DR-A...

[robsa]

This is about the cheapest.... tempted?

http://www.ebay.co.uk/itm/BMW-6-SERIES-645CI-2DR-A...