BMW M4 on sale for 32 weeks

[ricisbest]

Chestrockwell said:

I went into MB today and enquired about a C63

For £40k, Was that a C63 saloon or coupe? I flirted with the idea of the C63 Coupe but with the spec I wanted they were a bit too expensive for me (ones I saw were at least mid-40s). Strangely, this is the opposite way round to m3s / m4s price-wise. I personally didn't like the look of the C63 saloon even though it was cheaper (no nice big rear arches like the m3!).

I got a low rate bank loan like xjay1337 mentioned. My experience is that If you work out the total 3 year cost, PCP will normally end up more expensive than a cheap loan (unless you can get a very low rate and large dealer contribution).

[Chestrockwell]

ricisbest said:

Chestrockwell said:

I went into MB today and enquired about a C63

For £40k, Was that a C63 saloon or coupe? I flirted with the idea of the C63 Coupe but with the spec I wanted they were a bit too expensive for me (ones I saw were at least mid-40s). Strangely, this is the opposite way round to m3s / m4s price-wise. I personally didn't like the look of the C63 saloon even though it was cheaper (no nice big rear arches like the m3!).

I got a low rate bank loan like xjay1337 mentioned. My experience is that If you work out the total 3 year cost, PCP will normally end up more expensive than a cheap loan (unless you can get a very low rate and large dealer contribution).

It was a saloon, lovely lovely car, saw it again yesterday and I am in love. I think it’s the noise and engine that makes up for it’s understated looks. The coupe is way out of my budget and it must be a premium as I need the Burmester. It’s a shame you can’t spec it by itself as I could live without the sunroof and a few other things.

I’d look to get a bank loan but 30k is a lot to borrow and I guess PCP is effectively the same thing but the term to repay the 30k would either have to be longer (more interest) or shorter with much higher monthlies. The residuals help on the C63, the slower depreciation could offset the interest costs. I could even ask to lower the yearly mileage to drop the monthlies as I won’t do that many but I’d rather have more equity in the car. Maybe my way of explaining it may seem dumb to the finance gurus on here, but I’d rather pay 5k and have 5 in my pocket and just pay the 550 a month instead of pay 10, get a massive 30k loan out and pay more a month. I’m not going to keep the car more than 2 years anyway.

I worked it out, with the deposit, the car will cost me 15k over 2 years, if I sell it for 25, which is almost a guarantee considering the spec and mileage, I can pay it off and walk away.

At the moment, I’ve lost 10k in 27 months on my 430d, I don’t mind paying an extra 2500 a year to drive a car I never thought I would drive 5 years ago.