Pre-Registered M4's

[12TS]

russy01 said:

Been offered these cars at £48k. 19 plate, delivery miles, comp with reasonable spec (HUD & HK).

Silly cheap.

Yes. £10k less than the same M3. A bit too lairy for me which is a shame.

[PorkInsider]

12TS said:

russy01 said:

Been offered these cars at £48k. 19 plate, delivery miles, comp with reasonable spec (HUD & HK).

Silly cheap.

Yes. £10k less than the same M3. A bit too lairy for me which is a shame.

There aren't any 19 plate M3s, other than the CS, are there?

[LaurasOtherHalf]

M3 was discontinued unfortunately.

[PorkInsider]

LaurasOtherHalf said:

M3 was discontinued unfortunately.

Yep. Due to the PPF requirement and unwillingness to re-engineer the car to accommodate it.

Edited by PorkInsider on Sunday 8th September 23:46

[LaurasOtherHalf]

PorkInsider said:

LaurasOtherHalf said:

M3 was discontinued unfortunately.

Yep. Due to the PPF requirement and unwillingness to re-engineer nth ever car to accommodate it.

I wonder how many are like myself where I would have moved immediately on a four door M3 rather than M4 on these deals.

[PorkInsider]

LaurasOtherHalf said:

I wonder how many are like myself where I would have moved immediately on a four door M3 rather than M4 on these deals.

Far fewer than would move on the M4 deals. The M3 is incredibly unpopular compared to the M4. Hence they didn't bother with converting the 4-door to meet the latest emission regulations.

[12TS]

I meant if you look for an M3, the cheapest seems to be +£10k on the same M4 even a year older.

[gizlaroc]

The problem is, this has absolute screwed over the residuals on cars out there.

Mate was trying to get a 10 month old M4 comp underwritten last week and most didn't want to know, best bid was £32k.

[Chestrockwell]

gizlaroc said:

The problem is, this has absolute screwed over the residuals on cars out there.

Mate was trying to get a 10 month old M4 comp underwritten last week and most didn't want to know, best bid was £32k.

I wasn’t old enough around the E46 M4 days and I wasn’t checking on E92 M3 prices as I just started driving but was this the case for the E46 and E92 as well?

[gizlaroc]

Yeah there were deals, but not such big deals.

£72k list for £47k is always going to hurt residuals, that is what? 37% off list?


That would have been like them doing the E46 M3 for £25k new. At the end some were getting stock cars for around £33k, they were £40k new basic spec.

I never really paid attention to the V8 car price wise. At the end it was more about contract hire deals and PCP deals that were silly cheap, but they were cheap with silly final values rather than huge discounts. So throw the keys back and walk away, which doesn't ps off your loyal customers who paid you top dollar a year before.

[Cheib]

Chestrockwell said:

gizlaroc said:

The problem is, this has absolute screwed over the residuals on cars out there.

Mate was trying to get a 10 month old M4 comp underwritten last week and most didn't want to know, best bid was £32k.

I wasn’t old enough around the E46 M4 days and I wasn’t checking on E92 M3 prices as I just started driving but was this the case for the E46 and E92 as well?

Nope...cars like the E46 M3 were very strong. For the first year they traded at a premium. I got mine in 2002, £42k basic list iIRC...mine was £47k. I got £37k for it trade after owning it for 2 years. So roughy 20 % depreciation over 2 years.

The model of manufacturers pushing volumes through PCP financing has made cars cheaper to buy in theory but I am not convinced because residuals are far worse and you are almost forced to flip into a new car.

[pjv997]

Deals were there on the V8. Bought a pre-reg E90 M3 in 2008 for £38K against a list of over £50K. Was only a year into the recession, but there were several occasions when low price pre-reg E9X cars became available around that time.

[TobyTR]

Chestrockwell said:

gizlaroc said:

The problem is, this has absolute screwed over the residuals on cars out there.

Mate was trying to get a 10 month old M4 comp underwritten last week and most didn't want to know, best bid was £32k.

I wasn’t old enough around the E46 M4 days and I wasn’t checking on E92 M3 prices as I just started driving but was this the case for the E46 and E92 as well?

Back in August 2006, one of my best mates bought a 2002 E46 M3 coupe with 40k miles from Dick Lovett BMW for £22,000 - iirc the deal was £6k down and £480 per month

Stronger values back then and less deals it seems - byproduct of each other, i guess. We had great fun in it after collection.

[PorkInsider]

Back this original post:

jimmyt1202 said:

I know of a dealer with about half a dozen 19-Registered, delivery mileage, M4 Competition Package Coupes with Ultimate Package that are pre-registered at £47,000. This sounds like tremendous value!?

I'm tempted to chop mine in at these prices so called a few dealers yesterday and none were aware of pre-reg cars with the ultimate pack at £47k.

My 'usual' dealer wouldn't believe me that the cars exist(!) although I don't think they have any way to know once they're reg'd so not really relevant. But on the other hand you'd think 6 x cars, all with UP, at one dealer, would be notable in the used network.

'Usual' dealer and the others I spoke to were all quoting low spec' pre-reg CPs on a 19 plate (not current plate) at c.£48k+. I really want to stick to high spec' (full leather ideally, now I've had it) so not interested in those.

A dealer I spoke to who does have a pre-reg UP car wants nearly £10k more for it.

So which dealer are you talking about?

Thanks.

[12TS]

not new, but plenty like this around the £46k mark. Low miles

https://www.autotrader.co.uk/classified/advert/201...

[LaurasOtherHalf]

12TS said:

not new, but plenty like this around the £46k mark. Low miles

https://www.autotrader.co.uk/classified/advert/201...

You can get one “new” for that, pre registered with a hundred or so miles.

https://www.autotrader.co.uk/classified/advert/201...

[12TS]

Must not look. Must not look.

[Wills2]

Chestrockwell said:

I wasn’t old enough around the E46 M3 days and I wasn’t checking on E92 M3 prices as I just started driving but was this the case for the E46 and E92 as well?

Yes on the e92 there were deals, my first e92 in 2008 was 39k from a list of 53k my 2nd in 2012 was 45k from a list of 62k.

[garystoybox]

PorkInsider said:

I'm tempted to chop mine in at these prices so called a few dealers yesterday and none were aware of pre-reg cars with the ultimate pack at £47k.

My 'usual' dealer wouldn't believe me that the cars exist(!) although I don't think they have any way to know once they're reg'd so not really relevant. But on the other hand you'd think 6 x cars, all with UP, at one dealer, would be notable in the used network.

'Usual' dealer and the others I spoke to were all quoting low spec' pre-reg CPs on a 19 plate (not current plate) at c.£48k+. I really want to stick to high spec' (full leather ideally, now I've had it) so not interested in those.

A dealer I spoke to who does have a pre-reg UP car wants nearly £10k more for it.

So which dealer are you talking about?

Thanks.

It was Cooper BMW in Sunderland/Boldon. It’s only 10 mins from my house and have bought many cars from them. They had all the M4’s lined up a few weeks back when I was ordering my M5 Competition... think most are new sold but I would definitely call them to check. They do not retail any used cars but stock all of the pre reg vehicles within the Cooper group. Seen some massive savings here over the years.

[PorkInsider]

12TS said:

not new, but plenty like this around the £46k mark. Low miles

https://www.autotrader.co.uk/classified/advert/201...

It doesn't have the ultimate package. It's also quite high mileage for an M4, not a pre-reg'.

Vastly different to what the thread was about.

Edit: also doesn't have full leather, which is pretty near a must for me, although I'd give it up for the ultimate package.