F31 335d M possible purchase

F31 335d M possible purchase

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Welshbeef

Original Poster:

49,633 posts

198 months

Tuesday 29th April 2014
quotequote all
Vee said:
What 'deal' ?
Has a anyone actually given you a quote ? How can you come up with all these figures but not know what the balloon would be to take ownership at the end ?
Apologies if I've missed something earlier.


Edited by Vee on Tuesday 29th April 21:30
The numbers stated (excl GFV) were provided by the salesman - also for instance a 330d F31 Msport only had £3,300 dealer contribution though I didn't see what the PCM cost would have been as my focus was the 335d.

Jobbo

12,972 posts

264 months

Tuesday 29th April 2014
quotequote all
The £286 you quoted wasn't provided by a salesman, was it.

Welshbeef

Original Poster:

49,633 posts

198 months

Tuesday 29th April 2014
quotequote all
Jobbo said:
The £286 you quoted wasn't provided by a salesman, was it.
No as per the calcs previously its an assumption if the match b/speed £395 is the PCM number but that's with only £4.4k contribution not the £9k which b/speed can obtain. As such all else being equal then the final payment from the calc would mean a £286pcm payments or conversely you could simply reduce your deposit by £4.7k


If we take the deposit and spread that over 48 months its c£135pcm extra whereas if you reduce the customer deposit (due to b/speed contribution) then that would reduce the effective PCM deposit by c£100pcm.
Either or really but need to get the final quote over the next few weeks when I can get down to the dealer and have a test drive then go through all the options and finances.

Ross_T_Boss

163 posts

218 months

Wednesday 30th April 2014
quotequote all
First off, that GFV is great - mine is 4 years, 32k for 17.5k with options taking it up to £49k. I guess they marked up their residuals.

I would say you will be looking at about £300/mo for a base model with decent discount and 6k down. That's a lot of car for the money and alot less than I was quoted for a base model. It all seems to be in the residual which is about 4k more for a base spec than I'd expect.

If you pile on about 7k of options (call it 6.5k after discount) that near enough £150/mo, assuming it doesn't really affect the residuals (actually it should, but doesn't seem to in your case). That makes it £450/mo. If you only put 2k into it, that would put another £4k or £100/mo on finance which would be £550/mo. That's about spot on with the best deals I've heard of (50k on the road, 2k down, 550/mo seems to be the goal).

I don't know of anyone being offered such a high residual on a base spec, I'd take your dealer up on that if you're happy with the base M Sport model.

EDIT - also note that the broad speed quote is a combination of BMW contribution plus dealer discount (about 10% off list). Your dealers initial figures are very likely factoring in some discount already - mine did.

Edited by Ross_T_Boss on Wednesday 30th April 14:14

Vee

3,096 posts

234 months

Wednesday 30th April 2014
quotequote all
Welshbeef said:
Vee said:
What 'deal' ?
Has a anyone actually given you a quote ? How can you come up with all these figures but not know what the balloon would be to take ownership at the end ?
Apologies if I've missed something earlier.


Edited by Vee on Tuesday 29th April 21:30
The numbers stated (excl GFV) were provided by the salesman - also for instance a 330d F31 Msport only had £3,300 dealer contribution though I didn't see what the PCM cost would have been as my focus was the 335d.
So you how can you make any sort of informed decision until you know what that figure is ?

Wills2

22,834 posts

175 months

Wednesday 30th April 2014
quotequote all
click the link below Welshy you'll be able to guessimate to your hearts content.

http://www.pcpcal.co.uk/




Welshbeef

Original Poster:

49,633 posts

198 months

Wednesday 30th April 2014
quotequote all
Wills2 said:
click the link below Welshy you'll be able to guessimate to your hearts content.

http://www.pcpcal.co.uk/



A great tool thanks

Wills2

22,834 posts

175 months

Wednesday 30th April 2014
quotequote all
Endless amounts of man math sessions right there! hehe

Welshbeef

Original Poster:

49,633 posts

198 months

Wednesday 30th April 2014
quotequote all
Wills2 said:
click the link below Welshy you'll be able to guessimate to your hearts content.

http://www.pcpcal.co.uk/



Based upon
£42585 list
4.9%
£6,3k customer
£4.4k dealer
47 payments @£395pcm

It gives GFV of £18,150

And if its possible to get the full £9,050 broadspeed discount then its £287pcm




My rough numbers were very accurate after all wink happy days

JNW1

7,794 posts

194 months

Wednesday 30th April 2014
quotequote all
Welshbeef said:
Based upon
£42585 list
4.9%
£6,3k customer
£4.4k dealer
47 payments @£395pcm

It gives GFV of £18,150

And if its possible to get the full £9,050 broadspeed discount then its £287pcm




My rough numbers were very accurate after all wink happy days
So the £18,150 GFV is derived by working backwards using the the other, known, variables (term, monthly payment, deposit and dealer contribution?).

I suppose £18k doesn't seem too far off for a 4 year old 335d although with 60k miles on the clock I doubt there'll be much equity over and above that (and hence you won't see much if any of your £6.3k deposit back). That means the basic car's really costing over £400/month and by the time you've added some of the options you were talking about you're probably nearer to £500/month for 4 years (and that's effectively to rent the car as you've still another £18k to find if you want to own it!). Therefore, unless I'm missing something (quite possible!), the question for you to ponder is does £500/month for 4 years seem a reasonable rental deal for decent spec, brand new, F31 335d?

ETA: Now I read the thread I see Ross T Boss had already said basically the same in a post earlier yesterday so apologies for repeating!

Edited by JNW1 on Thursday 1st May 06:09

Shapes

39 posts

119 months

Thursday 1st May 2014
quotequote all
Hi Guys,

Looks like I arrived late to the party though thought I'd explain my recent purchase on the same car.

So after much hunting, I finally opted for a F31 335d xDrive M Sport due to the performance, efficiency, and I've never experienced the BMW drivers car feel.

Got a quote off Broadspeed though wanted to give my dealer the business if he could get close to their quote.

After a test drive in a 330d xDrive (amazing grip and performance) I said if they could match the Broadspeed quote they could have my business, after much talking between the sales guy that was dealing with me and his colleagues, I got the car for just over £40K cost (via the 4.9% PCP). They had to add on a couple of hundred to make the sale worthwhile they said.

I went with the following options:

M Sport Pack
Pro Media
Visibility Pack
Adaptive Suspension (a must with these cars as I understand it)
Towbar (for the bike carrier)
Folding Mirrors

Mine should arrive in a few weeks.

Good luck in your search and use the Broadspeed quote for as much leverage as possible!

Welshbeef

Original Poster:

49,633 posts

198 months

Saturday 3rd May 2014
quotequote all
Well I tested the F30 330d today M sport M performance pack 1k on the clock pro nav extended blue tooth lumbar visibility pack.

What a car! I'd forgotten how good BMW red cars are tenacious grip flat cornering and confidence inspiring fast cornering.
Had it for 3 hours and I tested it much harder than if ever drive it day to day - its a very rapid machine and even with my hard driving it wouldn't go under 40mpg that's full revs very often using sport + testing the car fully. Brakes very good - I'd not want less stopping power than that 19" looked great, steering took a while to get used to super light round town unlike the E90 but it seemed to weight up as speed and cornering angle increased - happy with that.

Bluetooth extended - love it I'd not opt for the cable option.

Lumbar great
Pro nav and Internet and all the other IT gizmos that takes a while to get into but I love it.

Eco Pro - fun to use and sensible I guess if not on a mission.

Gearbox. - how much better than the older 6 speed is that its wonderful power all the time super smooth changes

Engine while not the brute 335d it had an impressive turn of pace and sounded good when it was used to full power. The 335d with 25-30% more power and a lot more torques will give a lovely tick in the box. I'd add here though that frankly on auK roads and Licence retaining speeds the 330d is plenty fast enough how much faster can you really get to the speed limit? ... But to compare it to the RS6 well let's just say that to be fair its a different league you'd not have to try hard to keep up with a hard driven F30 330d in a straight line and then you can let that loud pedal out fully and its bonkers/scary fast or "whoa this is way too fast for this road" - however your not 70-130+ before you know it.

I tried 20 odd mins with OBC reset and drove it as I would say in day out and achieved low 50's which I must add isn't handing about so that's a nice plus. While doing the same in my RS6 its 17-19mpg day in day out premium petrol only. So savings in fuel alone will be in the order of 65-70%.... The 335d I guess less so but not by much.

The drivers seat feels wider and better than the E90 which is good.

I think I'd want the cruise control with distance control - car would be a long term keeper/hand it down to the wife in many years to come so spec it right.

I don't think adaptive lights are worth it really? high beam assist I've added to the options list.




One big question is - I drove the F30 330d with M sport suspension it was great, but the 335dxdroce is SE suspension.... Not what I'm after so does the adaptive suspension really mimic or better M sport suspension?handling is very important to me.


Don't think I'll bother with electric folding and dimming mirrors? Is it really worth it- I never park on road or parallel park/no need.

Chrome roof rails? They come black but c£400 for Chrome.... Its a piss take IMHO.


GFV well with the miles and spec and initial discount £4.4k it was coming out at £15.5k - there is more discount to come as they alluded to quite openly/without pushing.


End of the day test drive - loved the car its a sensible car (not cheap it has to be said). But I'd add when I hoped back into my RS6 started her up lots of people browsing the used car section looked round at the glorious noise and I loved it too (took it on a hoon the long way home 15mile for a 3mile trip....)


Or is a 61 plate 535d M sport touring 28k miles fully loaded incl electric seats for £32k the smarter buy?
Lots to think about but I'm very impressed with the car and the 335d will be a huge step on that too so need to think about the numbers does it make sense - will the wife push back and demand lets get the extension first you get a £13-15k E91 335d ...she did like it a lot and liked the old 330d I used to own but she does think this is a huge amount of cash to spend on a car which will be worthless at some point.
Also will add the dealership have been outstanding couldn't fault them - unlike Audi.

Jobbo

12,972 posts

264 months

Sunday 4th May 2014
quotequote all
So what was the actual quote?

Welshbeef

Original Poster:

49,633 posts

198 months

Sunday 4th May 2014
quotequote all
Jobbo said:
So what was the actual quote?
With my options and current discount c£44k GFV c£15k £599pcm 15% deposit on 14k pa. So more discount to come rather than the guide which is what this is plus this includes 5 year service pack delivery VED 1st year paint and leather guard etc and the GFV has notable equity in it/expected equity in it ready for the next car in 4 years time.

Base car
395pcm 47minths
Miles 10k p.a.
15% deposit
£4.4k BMW contribution
£42,585 RRP



JNW1

7,794 posts

194 months

Sunday 4th May 2014
quotequote all
Welshbeef said:
With my options and current discount c£44k GFV c£15k £599pcm 15% deposit on 14k pa. So more discount to come rather than the guide which is what this is plus this includes 5 year service pack delivery VED 1st year paint and leather guard etc and the GFV has notable equity in it/expected equity in it ready for the next car in 4 years time.

Base car
395pcm 47minths
Miles 10k p.a.
15% deposit
£4.4k BMW contribution
£42,585 RRP
How much does this "notable equity" amount to? From the look of it you're putting in £6.6k (15% of £44k) so realistically how much of that do you expect to see back after 4 years and almost 60k miles? I suspect a 4 year old 330d with that sort of mileage isn't going to be worth much more than £20k retail and on the basis the dealer will want to make a margin it doesn't feel to me like you'll get a huge amount of your £6.6k back; I'd say erosion of your equity could easily amount to the equivalent of £70/month over the 4-year agreement....

Welshbeef

Original Poster:

49,633 posts

198 months

Sunday 4th May 2014
quotequote all
JNW1 said:
How much does this "notable equity" amount to? From the look of it you're putting in £6.6k (15% of £44k) so realistically how much of that do you expect to see back after 4 years and almost 60k miles? I suspect a 4 year old 330d with that sort of mileage isn't going to be worth much more than £20k retail and on the basis the dealer will want to make a margin it doesn't feel to me like you'll get a huge amount of your £6.6k back; I'd say erosion of your equity could easily amount to the equivalent of £70/month over the 4-year agreement....
Remember broadspeed on the base model alone are doing £9.050 off so I'd be expecting the deal to improve by £4,650 plus maybe there will be discounts on the options.

Looking on autotrader this am there are 5 335d M sport estates for sale up to 5 years old.... So a very rare car indeed - I'd envisage the situation that BMW actually call me up during my ownership offering to buy it for their used stock and do a deal on another new car as they know they sell very quickly.

JNW1

7,794 posts

194 months

Sunday 4th May 2014
quotequote all
Welshbeef said:
Remember broadspeed on the base model alone are doing £9.050 off so I'd be expecting the deal to improve by £4,650 plus maybe there will be discounts on the options.

Looking on autotrader this am there are 5 335d M sport estates for sale up to 5 years old.... So a very rare car indeed - I'd envisage the situation that BMW actually call me up during my ownership offering to buy it for their used stock and do a deal on another new car as they know they sell very quickly.
Sorry, got confused, thought your numbers related to the model you drove (330d) rather than a 335d. You should have equity in the car at a GFV of £15k with a 335d although I'm still not convinced you'll see all your deposit back!

Welshbeef

Original Poster:

49,633 posts

198 months

Sunday 4th May 2014
quotequote all
JNW1 said:
Sorry, got confused, thought your numbers related to the model you drove (330d) rather than a 335d. You should have equity in the car at a GFV of £15k with a 335d although I'm still not convinced you'll see all your deposit back!
I keep glancing at 11 reg 535d F11 M Sports fully loaded these are high £20/low £30's with 10-30k miles. They have more kit than the spec I've opted for and will be £15k cheaper to purchase - though I'm not too sure they will be less cost effective over the ownership timescale - also its a bigger car would that really handle as well?

Jobbo

12,972 posts

264 months

Sunday 4th May 2014
quotequote all
Welshbeef said:
I'd envisage the situation that BMW actually call me up during my ownership offering to buy it for their used stock and do a deal on another new car as they know they sell very quickly.
That sounds almost more fantasy than your 944 laugh If they're cheap on PCP and cheap on lease, they're hardly going to be rare in 3-4 years' time.

JNW1

7,794 posts

194 months

Sunday 4th May 2014
quotequote all
Jobbo said:
Welshbeef said:
I'd envisage the situation that BMW actually call me up during my ownership offering to buy it for their used stock and do a deal on another new car as they know they sell very quickly.
That sounds almost more fantasy than your 944 laugh If they're cheap on PCP and cheap on lease, they're hardly going to be rare in 3-4 years' time.
I agree it's taking man maths to a new level but leave him be, he's got to justify this purchase to himself (and/or his missus) one way or another!! Does now seem as if the £18k GFV that was being talked about earlier in the thread was a tad optimistic though.....