30 Jahre M5s

30 Jahre M5s

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Discussion

Jazzer

Original Poster:

1,674 posts

204 months

Monday 13th July 2015
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Evening M-Power!

I've been thinking about my next move after the F10 and, to get to the point, I'm really struggling.

The new M5 is due, I'm told, towards the tail end of 2017, so sticking with my car till then would be smart.

Another M5 would be daft, offering nothing over what I have.

However, my petrolhead has had me wondering about the anniversary edition, which looks stunning in the flesh.

But £110K for a two-owner car.. who in their right mind, outwith truly wealthy types, would go for that?

I asked for a couple of quotes for one on sale or return (has been for some time).....frankly laughable.

Does anyone on here have one?

I'd happily lose up to £13K a year on one if I could get in and out safely.... am I nuts?

Jazzer

Original Poster:

1,674 posts

204 months

Tuesday 14th July 2015
quotequote all
Here is the kind of thing I'm referring to.....

http://www.pistonheads.com/classifieds/used-cars/b...

Jazzer

Original Poster:

1,674 posts

204 months

Tuesday 14th July 2015
quotequote all
Yes, I thought that too, but this is what Elms told me....

Jazzer

Original Poster:

1,674 posts

204 months

Tuesday 14th July 2015
quotequote all
Maybe I didn't make myself clear....

I'm not remotely suggesting buying one outright, that would be plain ridiculous.

I was seeing if there might be some kind of PCP deal to be done, where you know upfront the degree of shafting, with a guaranteed exit at the end.

The premium for one of these is ridiculous.

Elms are clearly not competitive price-wise and I don't just mean this car (which I believe they're selling for a customer).

They told me, for instance, I had no equity in my car, while others quoted anything from £3K to £6K.....so quite a difference.

The car in question will of course not sell any time soon and it may do the rounds in an effort to punt it somewhere else.

I'll probably get another F10 to tide me over till the new M5.

911 turbos are not my thing....point and hold

on.....brake....turn.....repeat.....very dull to drive!??

Jazzer

Original Poster:

1,674 posts

204 months

Tuesday 14th July 2015
quotequote all
theboss said:
If you were to PCP you'd probably be getting stuffed for interest versus the available 0% deals on a new order of the regular car, only serving to widen the price difference.

I don't know how you lease guys can bear to part with them after 2 years - I'm getting attached to mine!
I was hoping that, given the difficulty in shifting them, that incentives/deals could be offered, even though they are not new cars.

The way I see it....better to get say a grand a month now for say two or three years, than sit on a car that will not sell......looks bad/slightly embarrassing for dealers....hence the reason such cars are often hidden away.

These cars haemorrhage money, so minimising the depreciation is all that any owner (private or individual) can attempt to do.

Jazzer

Original Poster:

1,674 posts

204 months

Tuesday 14th July 2015
quotequote all
theboss said:
I'm just piling miles on mine. Figured I'd rather write off the whole cost (more or less) by putting 200k miles on the clock with a grin in my face, and keeping it forever, than 2/3rds of its cost putting a restrained 32k miles on it over 4 years and worrying every moment about its future trade-in value.
Brilliant reply, I love this.....a man with a plan!!