F10 M5 LCi Ordered!

[W8PMC]

Well after a couple of weeks of decision making & then a further week negotiating i've finally pressed the button on my order for the A8's replacement in November.

Decided in the end i fancied another bash with Munich's finest & have ordered the following:

BMW F10 M5 Saloon S63 4.4i MY14 LCi
Singapore Grey
Silverstone Extended Merino Leather

Options:
Bootlid Operation, Powered
Loudspeaker System - Harman/Kardon Surround Sound

The car is being built to order & expected delivery is 12 weeks so will dovetail perfectly with the end of Contract of my current A8.

May have to watch this clip over & over until collection day. Is also a great review on Top Gear (Season 18 - Episode 7) but the one on YouTube appears broken

http://www.youtube.com/watch?v=pmIaJE1TVCA

Edited by W8PMC on Friday 23 August 17:26

[DB77]

Congratulations. Now the wait....

[BensZ4MC]

Paul,

Great news and good choice of colour/interior - what happened to MCB...?

Yep can't stop looking at video clips like this myself...

[BensZ4MC]

Apps Interface is standard kit btw..

[forest172]

great stuff, thanks for the youtube clip ain`t seen that one

[W8PMC]

BensZ4MC said:

Apps Interface is standard kit btw..

Good point, was reading it off the order 1st post edited.

[W8PMC]

BensZ4MC said:

Paul,

Great news and good choice of colour/interior - what happened to MCB...?

Yep can't stop looking at video clips like this myself...

Was the toughest colour choice i think i've ever had. Did opt for MCB with Silverstone Extended but at the last moment switched to Singapore. Did this for 3 simple reasons, firstly i'll be running the car for 3 years & thought the Blue might get tedious over that period, secondly had Interlagos Blue on my E60 M5 & thirdly had 2 blue cars followed by 2 white cars so fancied a change. Also like the fact that Singapore is possibly a tad rarer & stealth than MCB.

[Neil McRae]

what week order build?

[Schermerhorn]

W8PMC,

What sort of offer did BMW offer you?

I am seriously considering one of these cars on the 0% APR deal towards the end of the year and the more people I speak to on here and in person the better deal I think myself and others will be able to achieve.

[W8PMC]

Schermerhorn said:

W8PMC,

What sort of offer did BMW offer you?

I am seriously considering one of these cars on the 0% APR deal towards the end of the year and the more people I speak to on here and in person the better deal I think myself and others will be able to achieve.

Drop me a mail via PH & I'll gladly share the details

Please note though i opted for Contract Hire through my Consultancy so not one of the 0% deals.

[W8PMC]

Neil McRae said:

what week order build?

No idea Neil as can't take delivery until late Nov as that's when I return my current vehicle

[Neil McRae]

Schermerhorn said:

W8PMC,

What sort of offer did BMW offer you?

I am seriously considering one of these cars on the 0% APR deal towards the end of the year and the more people I speak to on here and in person the better deal I think myself and others will be able to achieve.

might be worth checking how long this deal is going for on the M3 it ended abruptly!

[Schermerhorn]

Neil McRae said:

Schermerhorn said:

W8PMC,

What sort of offer did BMW offer you?

I am seriously considering one of these cars on the 0% APR deal towards the end of the year and the more people I speak to on here and in person the better deal I think myself and others will be able to achieve.

might be worth checking how long this deal is going for on the M3 it ended abruptly!

True but the M3 was at the end of its life cycle. The F10 M5 probably has another 4 more years of production left and the uptake has not been brilliant. I think the 0% finance deals will continue....all in my opinion of course!

[Neil McRae]

Schermerhorn said:

True but the M3 was at the end of its life cycle. The F10 M5 probably has another 4 more years of production left and the uptake has not been brilliant. I think the 0% finance deals will continue....all in my opinion of course!

M3 deal ended for a bit then started back up.

cheers,
Neil.

[Helicopter123]

Lovely cars, but given the deals to be had isn't anyone concerned by the residual? Personally I wouldn't want to own one but a lease, where someone else takes the risk is another matter...

[Schermerhorn]

Helicopter123 said:

Lovely cars, but given the deals to be had isn't anyone concerned by the residual? Personally I wouldn't want to own one but a lease, where someone else takes the risk is another matter...

As far as I know, the balloon payment is option, you can opt not to renew after 24/36 months or trade up or down.

[forest172]

W8PMC said:

Well after a couple of weeks of decision making & then a further week negotiating i've finally pressed the button on my order for the A8's replacement in November.

Decided in the end i fancied another bash with Munich's finest & have ordered the following:

BMW F10 M5 Saloon S63 4.4i MY14 LCi
Singapore Grey
Silverstone Extended Merino Leather

Options:
Bootlid Operation, Powered
Loudspeaker System - Harman/Kardon Surround Sound

The car is being built to order & expected delivery is 12 weeks so will dovetail perfectly with the end of Contract of my current A8.

May have to watch this clip over & over until collection day. Is also a great review on Top Gear (Season 18 - Episode 7) but the one on YouTube appears broken

http://www.youtube.com/watch?v=pmIaJE1TVCA

Edited by W8PMC on Friday 23 August 17:26

here you go Paul

http://www.tflcar.com/2012/03/video-watch-bbc-top-...

[paulmc]

Helicopter123 said:

Lovely cars, but given the deals to be had isn't anyone concerned by the residual?

No. Who cares? You dont buy one of these to make money you buy a house for that.

[W8PMC]

Helicopter123 said:

Lovely cars, but given the deals to be had isn't anyone concerned by the residual? Personally I wouldn't want to own one but a lease, where someone else takes the risk is another matter...

The attraction of owning performance cars left me a couple of years ago. When you can lease one for LESS than the depreciation alone, it takes a brave person to want to own one

In a nutshell, i get to run a brand new M5 LCi built to my desired colour/spec with limited running costs (servicing & RFL are included) for £7200 per annum. I would hazard a guess the car will depreciate at double that in yr1 & at around £10k pa for the next 2 yrs, so totally ignoring the cost of money over 3yrs, I've paid £22k as against a pure depreciation loss of say £32k plus servicing & RFL so another £2k over the same period. Makes leasing these cars a bit of a no brainer.

As we've all heard, if it appreciates buy it, but if it depreciates lease it, especially if it depreciates at such a hefty rate

I'm prepared for all criticism of my man maths;)

[paulmc]

W8PMC said:

Makes leasing these cars a bit of a no brainer.

Unless you want ot keep it? I am buying mine for the same cost as you are renting yours. Not sure which one works out cheaper as never bothered to work it out. i just like the idea of it being my car.

Eveyone is different I suppose.