340i Touring deals???

340i Touring deals???

Author
Discussion

ritch

Original Poster:

523 posts

187 months

Monday 26th September 2016
quotequote all
What sort of end of quarter deals are out there?

My local dealer has quoted £460 on 48 month PCP @ 8k miles PA, with £2k down with added options - heated front seats and privacy glass.

Best I've seen online from a BMW dealer (90 miles away) is £429 on same basis as above, but no options.
I'd like to stay with my dealer and get closer or better than the online deal. £460 isnt compelling enough for me to pull the trigger. £420 or less I definately would.

whats out there for comparison or whats realistic based on what folk have paid?

Thanks

12TS

1,822 posts

210 months

Monday 26th September 2016
quotequote all
Sorry I can't give you PCP figures, as I bought mine. Those figures seem high though.

For reference my man maths had the depreciation down as about £20k after 4 years, so I'd bite at sub £400 a month.

I got 22% off list which seems the be the norm.

evoivboy

928 posts

146 months

Monday 26th September 2016
quotequote all

ritch

Original Poster:

523 posts

187 months

Tuesday 27th September 2016
quotequote all
thanks both. Also seen lease which looks quite attractive.https://www.contracthireandleasing.com/car-leasing-companies/independent-brokers/lease4less/bmw/3-series/122452135/

Awaiting a quote to see the finer detail.

12TS

1,822 posts

210 months

Tuesday 27th September 2016
quotequote all
Seem more like it. Less flexible than a PCP.

I did wonder about playing with BM website and seeing what a PCP would cost if you put in a discounted figure e.g. a 318 and see what it would give. That would give you an idea of what you may get from a dealer.

ritch

Original Poster:

523 posts

187 months

Tuesday 27th September 2016
quotequote all
12TS said:
Seem more like it. Less flexible than a PCP.
in what way? i would have thought a 2 year lease better than tied to a 4 year PCP. I know you dont get the option to buy at the lease compared to the PCP. Is it harder to get out of a lease if personal circumstances changed dramatically?

12TS

1,822 posts

210 months

Tuesday 27th September 2016
quotequote all
You're not comparing like with like. 2yrs lease vs 4 years PCP.

With a lease you're agreeing to take the car for 2 years, if you want to hand it back before then, you can but you'll still have to pay it all.

With a PCP you can hand it back and get a settlement figure at anytime. You'd have to read the small print to see what it was, but you wouldn't pay the full term. Either Google early termination of PCP or ask the dealer for an explanation.

You can probably get a 2 year PCP. It may not be as attractive but decide what is you want and then compare the terms.

That's how I ended up buying mine, but I had a PCP on my 135.