Discussion
Help needed.
I’m thinking about getting a new M6 soon and have seen two that really interest me.
My current car is valued at £28k, I’ll use that as a down payment.
The first one is a 62 September plate with only 1000 miles and it’s going for £67950
http://www.approved.bmw.co.uk/bmwuk/bmwauc/details...
To get this on finance would be:
£28k down payment
£604 x48 months @ 8% finance (I think)
GFV £27000
The second one is a brand new 13 plate model with 0 miles on the clock.
It cost £105k new. It has been offered to me at £82k
To get finance would cost:
£28k down payment
£591 x48 @ 0% finance
GFV £27000
It seems to me that the new one is a better deal as it would cost me an extra £10k interest on for used one.
The only little thing I don’t like about the new car is the colour (white).The new one also comes with the £6k leather option plus 5 yrs inclusive service in the price,
I’m thinking about getting a new M6 soon and have seen two that really interest me.
My current car is valued at £28k, I’ll use that as a down payment.
The first one is a 62 September plate with only 1000 miles and it’s going for £67950
http://www.approved.bmw.co.uk/bmwuk/bmwauc/details...
To get this on finance would be:
£28k down payment
£604 x48 months @ 8% finance (I think)
GFV £27000
The second one is a brand new 13 plate model with 0 miles on the clock.
It cost £105k new. It has been offered to me at £82k
To get finance would cost:
£28k down payment
£591 x48 @ 0% finance
GFV £27000
It seems to me that the new one is a better deal as it would cost me an extra £10k interest on for used one.
The only little thing I don’t like about the new car is the colour (white).The new one also comes with the £6k leather option plus 5 yrs inclusive service in the price,
Has to be the new one on 0% finance, over the 4 year deal the cost of both is about the same with the interest charged on the other one and you get a brand new car which will be one owner only when you sell it on. I suppose it comes down to the colour and options list of both cars.
A word of warning, I took out a BMW finance deal on a new M5 just over a year ago and the deal was similar over 4 years at 8%, if I'd have held on another 6m I could have taken the 0% deal that was available earlier this year and save a tidy sum, If you take out the 8% finance deal knowing there was a 0% deal available you'll feel bitter about it every day, I do.
Also with regards to the white car, before I opted for the F10 M5 I was watching the previous version M6s on BMWs approved web site, lots of purple, grey and silver ones but not that many white ones came up and when one did I thought they seemed to be slightly more expensive and seemed to get shifted much more quickly. Something to bear in mind for 4 years time?
Have you thought of waiting another 6-9 months for the same deals on a M6 gran coupe
A word of warning, I took out a BMW finance deal on a new M5 just over a year ago and the deal was similar over 4 years at 8%, if I'd have held on another 6m I could have taken the 0% deal that was available earlier this year and save a tidy sum, If you take out the 8% finance deal knowing there was a 0% deal available you'll feel bitter about it every day, I do.
Also with regards to the white car, before I opted for the F10 M5 I was watching the previous version M6s on BMWs approved web site, lots of purple, grey and silver ones but not that many white ones came up and when one did I thought they seemed to be slightly more expensive and seemed to get shifted much more quickly. Something to bear in mind for 4 years time?
Have you thought of waiting another 6-9 months for the same deals on a M6 gran coupe
msdes123 said:
Has to be the new one on 0% finance, over the 4 year deal the cost of both is about the same with the interest charged on the other one and you get a brand new car which will be one owner only when you sell it on. I suppose it comes down to the colour and options list of both cars.
A word of warning, I took out a BMW finance deal on a new M5 just over a year ago and the deal was similar over 4 years at 8%, if I'd have held on another 6m I could have taken the 0% deal that was available earlier this year and save a tidy sum, If you take out the 8% finance deal knowing there was a 0% deal available you'll feel bitter about it every day, I do.
Also with regards to the white car, before I opted for the F10 M5 I was watching the previous version M6s on BMWs approved web site, lots of purple, grey and silver ones but not that many white ones came up and when one did I thought they seemed to be slightly more expensive and seemed to get shifted much more quickly. Something to bear in mind for 4 years time?
Have you thought of waiting another 6-9 months for the same deals on a M6 gran coupe
Thanks a lot for your reply. The gran coupe is nice but I prefer the coupe to be honest.A word of warning, I took out a BMW finance deal on a new M5 just over a year ago and the deal was similar over 4 years at 8%, if I'd have held on another 6m I could have taken the 0% deal that was available earlier this year and save a tidy sum, If you take out the 8% finance deal knowing there was a 0% deal available you'll feel bitter about it every day, I do.
Also with regards to the white car, before I opted for the F10 M5 I was watching the previous version M6s on BMWs approved web site, lots of purple, grey and silver ones but not that many white ones came up and when one did I thought they seemed to be slightly more expensive and seemed to get shifted much more quickly. Something to bear in mind for 4 years time?
Have you thought of waiting another 6-9 months for the same deals on a M6 gran coupe
I have a lot to think about, I should decide on Monday.
OP, I can hopefully give some relevant infomation here!
Firstly, are you sure you're getting quoted the same MGFV on the new '13 as on the ex-demo '12 car? I'd have expected the new car to be a few ticks higher, thereby reducing your payment further. Or are other things at play here like differing annual mileages?
I've spent the last month looking at these M6's (noting also that they're not shifting!) and it seems that the specs of all the M6's on the AUC site are identical (including them all having the full leather option). There was one a few weeks ago with B&O, but it was also a matt paint car and it seemed to sell very quickly. I assume the new M6 you've been quoted on is a spec similar to the others currently on the AUC site as it's a stock car?
In my opinion, only B&O or Ceramics are options that would deserve any sort of premium, so, given the closeness of the monthly AND final payments between new and ex-demo, the total payable by you is very similar. The new car will simply (and instantly!) depreciate by the amount of interest on the ex-demo, so you're no better off either way (you're either paying interest or depreciation - you don't get out of both!). Given all of the above, I'd go for the car you like best and don't force yourself into living with a colour for a few years that doesn't flat your boat. Also, if the ex-demo blue car is the one you like, then I'm sure that to close the deal Coopers will knock the few quid off to match the monthly and total payable of the new one...they're not shifting very quickly so its a buyers market!
I know, I collected my new M6 yesterday
after trading my SLS AMG 
. I was unable to use the SLS everyday as its appropriateness for work was causing too many unwanted comments/attention - yes, I could've kept it as a weekend car and had a rotter for daily use, but I don't subscribe to having a £100k+ car sat in the garage doing nothing but depreciating - I like to use my cars so whatever I have, it's a proper daily driver! I did all the new vs. demo comparisons and found the demo route to be the cheaper (although I never came across a new one for £82k...who's that with?). Even so, my point above still applies. I also looked at the £68k one you mention and found it bizarre how the prices of all these identical M6's varies from this low point right up to mid £90k's....and many dealers seemingly unable or unwilling to match the lower priced cars.
My criteria was a San Marino Blue car with the Silverstone (white/grey) leather...the cheapest car in my desired spec was £74k at Oxford BMW. I gave my local dealer (Sytner Leicester) the opportunity to do a deal on their groups' £78k car first, and I was looking for a good £6k discount. But they just couldn't do it, with their best price ending at £74k after much pushing (and spurred on by my readiness to do a deal this week...which always seems to help matters!). Then they came back with an interest rate quote which just didn't add up - their quoted rate should have equated to £10k in interest but it was coming out at £13k. Their business manager agreed with me, said he'd investigate and call me back but I wonder how many people who don;t know how interest rates are calculated would just have signed (and how this 'error' would have legally shown on the final paperwork?).
Anyway, that was Wednesday and I'm still waiting for the call back....but I do now have a new M6 parked outside. So, as per usual in my experience Sytner have proved pretty useless at closing a deal with me. I ended up travelling slightly further and buying the car from Oxford who were great to deal with - they did a coupe of grand off their already lower price to get it closer to the cheaper cars that Coopers have (although they again couldn't get right down to that price, even though I made it clear I was comparing the two and would buy one of them).
Indeed, in the latter stages of my negotiations I was comparing Coopers Black/Silverstone car which was advertised at £71k - I very nearly did the deal on this until Oxford reduced theirs further because, even though I really wanted the San Marino blue car, it wasn't worth thousands more than an identical black one (the Silverstone leather being the one thing I wasn't prepared to go without). In the end, Oxford came to within a grand but obviously this doesn't count for the fact I could've got some more off Coopers car too (and they were eager to do a deal, asking me to pull out of the Oxford deal once they realised I'd plumped for their blue car). In the end, I whilst I know I could have got 'an' M6 cheaper, I got the one in the colour I wanted at a price I'm happy with. I would have liked the B&O option but the only way I could have got that was to buy new and wait for it to be built - and I'm not the most patient of people! Anyway, the standard unbranded (although I think it's Harmon Kardon behind the scenes) is pretty decent...indeed, its better than the B&O in the SLS which I had to upgrade certain aspects of because it was so poor!
One final point you should find helpful is that I got an interest rate of 7.5% APR. If you get this rate on the £68k car you're looking at, it will be cheaper monthly than a new one but a rate like this does seem to need an exponential amount of work to get - I flat refused to do business at anything starting with an 8 or above and in my experience, dealers hate doing these interest rates starting with less than an 8 on unsubsidised PCP's, even though 7% isn't that actually low in the current climate! Still, my experience of Cooper in the last week is that they were willing to do a deal to sell their cars so you should manage this!
I'll do a separate thread on what I think of the car but coming out of the SLS, it has a lot to live up to. In many respects, it does very, very well indeed Noting a point above, I also did the comparisons with 991 C2S and 997.2 Turbo....so, am I mad for plumping for the BMW? (I even question myself!)
Well, I had a 997.2 Turbo a couple of years ago and that was exceptional in terms of performance but I didn't much like the interior or lack of refinement. The 991 instantly cures these two issues, but its 160+ hp down on what I'm used to and, whilst I do know that straight line speed isn't everything, and am fully aware that the Porsches' lighter weight no doubt makes it better (and quicker) dynamically than the M6, I personally prefer the feeling of, lets call it 'thrust', and I rate refinement, luxury etc quite high up the agenda. Basically, I too prefer the type of car that the M6 is (which means a big and ballistically fast GT!), I prefer the aesthetics and in any case, I'm sure I'll have the opportunity to have a 991 in future when the new Turbo has also done its considerable first year depreciation....I don't want to dilute that experience by getting a C2S now!
In terms of a car that has an excess of power in a modern and refined two door coupe, what else is there? Bentley GT....not for me and certainly no more 'appropriate' than the SLS, Mercedes CL63 AMG is a bit limo/big saloon-like in comparison, I've had a new Jaguar XKR-S (which by the way is also awesome and highly, highly underrated...these are bloody bargains now!) - in all honesty, I couldn't come up with anything else and having had a previous shape M6 in 2009, I knew the latest version would deliver on all the things I wanted it to. Good job really, as I did the entire deal blind - apart from a passing glance of one when I was in LA last month, I've never even seen a new M6 on the road, let alone driven one. Indeed, I was ready to pull out of the deal as I was driving to the BMW dealer yesterday as I really did not want to get rid of the SLS....but when I saw the M6 in the flesh, in the San Marino Blue colour (which is fan-bloody-tasic in real life), I was suitably impressed!
Firstly, are you sure you're getting quoted the same MGFV on the new '13 as on the ex-demo '12 car? I'd have expected the new car to be a few ticks higher, thereby reducing your payment further. Or are other things at play here like differing annual mileages?
I've spent the last month looking at these M6's (noting also that they're not shifting!) and it seems that the specs of all the M6's on the AUC site are identical (including them all having the full leather option). There was one a few weeks ago with B&O, but it was also a matt paint car and it seemed to sell very quickly. I assume the new M6 you've been quoted on is a spec similar to the others currently on the AUC site as it's a stock car?
In my opinion, only B&O or Ceramics are options that would deserve any sort of premium, so, given the closeness of the monthly AND final payments between new and ex-demo, the total payable by you is very similar. The new car will simply (and instantly!) depreciate by the amount of interest on the ex-demo, so you're no better off either way (you're either paying interest or depreciation - you don't get out of both!). Given all of the above, I'd go for the car you like best and don't force yourself into living with a colour for a few years that doesn't flat your boat. Also, if the ex-demo blue car is the one you like, then I'm sure that to close the deal Coopers will knock the few quid off to match the monthly and total payable of the new one...they're not shifting very quickly so its a buyers market!
I know, I collected my new M6 yesterday
after trading my SLS AMG . I was unable to use the SLS everyday as its appropriateness for work was causing too many unwanted comments/attention - yes, I could've kept it as a weekend car and had a rotter for daily use, but I don't subscribe to having a £100k+ car sat in the garage doing nothing but depreciating - I like to use my cars so whatever I have, it's a proper daily driver! I did all the new vs. demo comparisons and found the demo route to be the cheaper (although I never came across a new one for £82k...who's that with?). Even so, my point above still applies. I also looked at the £68k one you mention and found it bizarre how the prices of all these identical M6's varies from this low point right up to mid £90k's....and many dealers seemingly unable or unwilling to match the lower priced cars.My criteria was a San Marino Blue car with the Silverstone (white/grey) leather...the cheapest car in my desired spec was £74k at Oxford BMW. I gave my local dealer (Sytner Leicester) the opportunity to do a deal on their groups' £78k car first, and I was looking for a good £6k discount. But they just couldn't do it, with their best price ending at £74k after much pushing (and spurred on by my readiness to do a deal this week...which always seems to help matters!). Then they came back with an interest rate quote which just didn't add up - their quoted rate should have equated to £10k in interest but it was coming out at £13k. Their business manager agreed with me, said he'd investigate and call me back but I wonder how many people who don;t know how interest rates are calculated would just have signed (and how this 'error' would have legally shown on the final paperwork?).
Anyway, that was Wednesday and I'm still waiting for the call back....but I do now have a new M6 parked outside. So, as per usual in my experience Sytner have proved pretty useless at closing a deal with me. I ended up travelling slightly further and buying the car from Oxford who were great to deal with - they did a coupe of grand off their already lower price to get it closer to the cheaper cars that Coopers have (although they again couldn't get right down to that price, even though I made it clear I was comparing the two and would buy one of them).
Indeed, in the latter stages of my negotiations I was comparing Coopers Black/Silverstone car which was advertised at £71k - I very nearly did the deal on this until Oxford reduced theirs further because, even though I really wanted the San Marino blue car, it wasn't worth thousands more than an identical black one (the Silverstone leather being the one thing I wasn't prepared to go without). In the end, Oxford came to within a grand but obviously this doesn't count for the fact I could've got some more off Coopers car too (and they were eager to do a deal, asking me to pull out of the Oxford deal once they realised I'd plumped for their blue car). In the end, I whilst I know I could have got 'an' M6 cheaper, I got the one in the colour I wanted at a price I'm happy with
. I would have liked the B&O option but the only way I could have got that was to buy new and wait for it to be built - and I'm not the most patient of people! Anyway, the standard unbranded (although I think it's Harmon Kardon behind the scenes) is pretty decent...indeed, its better than the B&O in the SLS which I had to upgrade certain aspects of because it was so poor! One final point you should find helpful is that I got an interest rate of 7.5% APR. If you get this rate on the £68k car you're looking at, it will be cheaper monthly than a new one but a rate like this does seem to need an exponential amount of work to get - I flat refused to do business at anything starting with an 8 or above and in my experience, dealers hate doing these interest rates starting with less than an 8 on unsubsidised PCP's, even though 7% isn't that actually low in the current climate! Still, my experience of Cooper in the last week is that they were willing to do a deal to sell their cars so you should manage this!
I'll do a separate thread on what I think of the car but coming out of the SLS, it has a lot to live up to. In many respects, it does very, very well indeed
Noting a point above, I also did the comparisons with 991 C2S and 997.2 Turbo....so, am I mad for plumping for the BMW? (I even question myself!)Well, I had a 997.2 Turbo a couple of years ago and that was exceptional in terms of performance but I didn't much like the interior or lack of refinement. The 991 instantly cures these two issues, but its 160+ hp down on what I'm used to and, whilst I do know that straight line speed isn't everything, and am fully aware that the Porsches' lighter weight no doubt makes it better (and quicker) dynamically than the M6, I personally prefer the feeling of, lets call it 'thrust', and I rate refinement, luxury etc quite high up the agenda. Basically, I too prefer the type of car that the M6 is (which means a big and ballistically fast GT!), I prefer the aesthetics and in any case, I'm sure I'll have the opportunity to have a 991 in future when the new Turbo has also done its considerable first year depreciation....I don't want to dilute that experience by getting a C2S now!
In terms of a car that has an excess of power in a modern and refined two door coupe, what else is there? Bentley GT....not for me and certainly no more 'appropriate' than the SLS, Mercedes CL63 AMG is a bit limo/big saloon-like in comparison, I've had a new Jaguar XKR-S (which by the way is also awesome and highly, highly underrated...these are bloody bargains now!) - in all honesty, I couldn't come up with anything else and having had a previous shape M6 in 2009, I knew the latest version would deliver on all the things I wanted it to. Good job really, as I did the entire deal blind - apart from a passing glance of one when I was in LA last month, I've never even seen a new M6 on the road, let alone driven one. Indeed, I was ready to pull out of the deal as I was driving to the BMW dealer yesterday as I really did not want to get rid of the SLS....but when I saw the M6 in the flesh, in the San Marino Blue colour (which is fan-bloody-tasic in real life), I was suitably impressed!
Edited by Palmball on Sunday 19th May 11:47
Palmball said:
Are you sure you're getting quoted the same MGFV on the new '13 as on the ex-demo '12 car? I'd have expected the new car to be a few ticks higher, thereby reducing your payment further. Or are other things at play here like differing annual mileages?
I've spent the last month looking at these M6's (noting also that they're not shifting!) and it seems that all the specs of all the M6's on the AUC site are identical (including them all having the full leather option). I assume the new one you're looking at is too, given it'll be a stock car (and IMO, B&O or Ceramics are the only options that would deserve any sort of premium...and I couldn't find one with those options). Also, given the closeness of the monthly AND final payments, the total payable is very similar - the new car will simply (and instantly!) depreciate by the amount of interest on the ex-demo so you're no better off either way (you're either paying interest or depreciation - you don't get out of both!). Given all of the above, I would go for the car you like best and don't force yourself into living with a colour for a few years that doesn't flat your boat. Also, if the ex-demo blue car is the one you like, then I'm sure to close the deal they'ill knock the few quid off to match the monthly and total payable of the new one...they're not shifting so its a buyers market!
I know, I collected my new M6 yesterday after trading my SLS AMG I was unable to use the SLS everyday as its' appropriateness for work was causing too many unwanted comments/attention (yes, I could've kept it as a weekend car and had a rotter for daily use, but I don't subscribe to having a £100k car sat doing nothing but depreciating in the garage - I want to use my cars so whatever I have, it's a daily driver!). I did all the new vs old comparisons and found the demo route the cheaper (although I never came across a new one for £82k...who's that with?). Even so, my point above still applies. I too looked at the £68k one you mention and found it bizarre how the prices of these identical cars varied from this low point right up to mid £90k's....and many dealers unable to match the lower prices.
My criteria was a San Marino Blue car with the Silverstone (white/grey) leather...the cheapest car in my desired spec was £74k at Oxford. I gave my local dealer (Sytner Leicester) the opportunity to do a deal on their groups' £78k car first, looking for a good £6k discount. But they just couldn't do it, the best their could do was £74k after much pushing and spurred on by my readiness to do a deal this week. Then they came back with an interest rate quote which, when I challenged them that their quoted rate should equate to £10k in interest, not the £13k they were quoting, their business manager agreed and said he'd investigate and call me back.
That was Wednesday, I'm still waiting for the call and I have a new M6 parked outside....utter useless! I ended up travelling slightly further and going for the car from Oxford who were great to deal with, did a coupe of grand off to get it closer to the cheaper cars at Coopers (although they again could not get right down to that price, even though I made it clear I was comparing the two and would buy one of them).
In the latter stages of my negotiations, I ended up comparing Coopers black/silverstone car which was at £71k in an attempt to get Oxford to match that price...they came to within a grand but doesn't count for the fact I could have got some more off Coopers car too (and they were eager to do a deal, asking me to pull out of the Oxford deal once they realised I'd plumped for their blue car). For me though, it was a little more than just price and I think I've ended up with the spec I wanted (B&O excepted) for a decent price but am under no illusions, this car will continue to drop in value.
One final point you should find helpful is that I got an interest rate of 7.5% APR. If you get this rate on the £68k Blue car, it will be cheaper than the new one but it does need work and a flat refusal to do business at anything starting with an 8 or above....in my experience, dealers hate doing these interest rates on unsubsidised PCP's, even though even 7% isn't that low! Still, my experience of Cooper in the last week is that they were willing to do a deal to sell their cars!
I'll do a separate thread on what I think of the car but coming out of the SLS, it has a lot to live up to. In many respects, it does very, very well indeed. I also did the comparisons with 991 C2S and 997.2 Turbo....am I mad for plumping for the BMW? Well, I've had a 7.2 Turbo before and that was exceptional in terms of performance but I didn't much like the interior or lack of refinement. The 991 cures these two issues, but its 160+ hp down on what I'm used to and yes, whilst straight line speed isn't everything, and the Porsches' lighter weight no doubt makes it quicker and more fun in the twisties than the M6, for me personally I prefer the feeling of, lets call it 'thrust', refinement, luxury etc. Basically, I too prefer the type of car the M6 is (which means a big and ballistically fast GT!), I prefer the aesthetics and in any case, I'm sure I'll have the opportunity to have a 991 in future when the new Turbo has also done its considerable first year depreciation....I don't want to dilute that experience by getting a C2S now!
Thank you for your detailed reply. I have decided to hold on until next March as I believe the car is going to lose a lot more. My current car would do for now.I've spent the last month looking at these M6's (noting also that they're not shifting!) and it seems that all the specs of all the M6's on the AUC site are identical (including them all having the full leather option). I assume the new one you're looking at is too, given it'll be a stock car (and IMO, B&O or Ceramics are the only options that would deserve any sort of premium...and I couldn't find one with those options). Also, given the closeness of the monthly AND final payments, the total payable is very similar - the new car will simply (and instantly!) depreciate by the amount of interest on the ex-demo so you're no better off either way (you're either paying interest or depreciation - you don't get out of both!). Given all of the above, I would go for the car you like best and don't force yourself into living with a colour for a few years that doesn't flat your boat. Also, if the ex-demo blue car is the one you like, then I'm sure to close the deal they'ill knock the few quid off to match the monthly and total payable of the new one...they're not shifting so its a buyers market!
I know, I collected my new M6 yesterday
after trading my SLS AMG I was unable to use the SLS everyday as its' appropriateness for work was causing too many unwanted comments/attention (yes, I could've kept it as a weekend car and had a rotter for daily use, but I don't subscribe to having a £100k car sat doing nothing but depreciating in the garage - I want to use my cars so whatever I have, it's a daily driver!). I did all the new vs old comparisons and found the demo route the cheaper (although I never came across a new one for £82k...who's that with?). Even so, my point above still applies. I too looked at the £68k one you mention and found it bizarre how the prices of these identical cars varied from this low point right up to mid £90k's....and many dealers unable to match the lower prices.My criteria was a San Marino Blue car with the Silverstone (white/grey) leather...the cheapest car in my desired spec was £74k at Oxford. I gave my local dealer (Sytner Leicester) the opportunity to do a deal on their groups' £78k car first, looking for a good £6k discount. But they just couldn't do it, the best their could do was £74k after much pushing and spurred on by my readiness to do a deal this week. Then they came back with an interest rate quote which, when I challenged them that their quoted rate should equate to £10k in interest, not the £13k they were quoting, their business manager agreed and said he'd investigate and call me back.
That was Wednesday, I'm still waiting for the call and I have a new M6 parked outside....utter useless! I ended up travelling slightly further and going for the car from Oxford who were great to deal with, did a coupe of grand off to get it closer to the cheaper cars at Coopers (although they again could not get right down to that price, even though I made it clear I was comparing the two and would buy one of them).
In the latter stages of my negotiations, I ended up comparing Coopers black/silverstone car which was at £71k in an attempt to get Oxford to match that price...they came to within a grand but doesn't count for the fact I could have got some more off Coopers car too (and they were eager to do a deal, asking me to pull out of the Oxford deal once they realised I'd plumped for their blue car). For me though, it was a little more than just price and I think I've ended up with the spec I wanted (B&O excepted
) for a decent price but am under no illusions, this car will continue to drop in value.One final point you should find helpful is that I got an interest rate of 7.5% APR. If you get this rate on the £68k Blue car, it will be cheaper than the new one but it does need work and a flat refusal to do business at anything starting with an 8 or above....in my experience, dealers hate doing these interest rates on unsubsidised PCP's, even though even 7% isn't that low! Still, my experience of Cooper in the last week is that they were willing to do a deal to sell their cars!
I'll do a separate thread on what I think of the car but coming out of the SLS, it has a lot to live up to. In many respects, it does very, very well indeed. I also did the comparisons with 991 C2S and 997.2 Turbo....am I mad for plumping for the BMW? Well, I've had a 7.2 Turbo before and that was exceptional in terms of performance but I didn't much like the interior or lack of refinement. The 991 cures these two issues, but its 160+ hp down on what I'm used to and yes, whilst straight line speed isn't everything, and the Porsches' lighter weight no doubt makes it quicker and more fun in the twisties than the M6, for me personally I prefer the feeling of, lets call it 'thrust', refinement, luxury etc. Basically, I too prefer the type of car the M6 is (which means a big and ballistically fast GT!), I prefer the aesthetics and in any case, I'm sure I'll have the opportunity to have a 991 in future when the new Turbo has also done its considerable first year depreciation....I don't want to dilute that experience by getting a C2S now!
Thanks
Just a question about these payment options with GFV at the end of a few years:
Does this mean that during the ownership of the car, every little (and large) ding and dent has to be repaired by the dealer at your cost? Something to be factored into the amount of money spent.
OK you could do it through insurance but most of us do our damnedest not to destroy our NCB.
Just wondering, cheers, as living, driving and parking on London streets means that there is very little chance of your P&J remaining unsullied over 4 years.
Thanks for your opinions as I am considering paying for my next bike this way.
Does this mean that during the ownership of the car, every little (and large) ding and dent has to be repaired by the dealer at your cost? Something to be factored into the amount of money spent.
OK you could do it through insurance but most of us do our damnedest not to destroy our NCB.
Just wondering, cheers, as living, driving and parking on London streets means that there is very little chance of your P&J remaining unsullied over 4 years.
Thanks for your opinions as I am considering paying for my next bike this way.
beemarman said:
Help needed.
The second one is a brand new 13 plate model with 0 miles on the clock.
It cost £105k new. It has been offered to me at £82k
To get finance would cost:
£28k down payment
£591 x48 @ 0% finance
GFV £27000
It seems to me that the new one is a better deal as it would cost me an extra £10k interest on for used one.
If I am reading this right you are basically paying £600 a month for a brand new £105k M6 ? Yes you're getting £28k for you current car but you'll effectively get that back with the £27k GFV.The second one is a brand new 13 plate model with 0 miles on the clock.
It cost £105k new. It has been offered to me at £82k
To get finance would cost:
£28k down payment
£591 x48 @ 0% finance
GFV £27000
It seems to me that the new one is a better deal as it would cost me an extra £10k interest on for used one.
Throw in the 5 years servicing which on an M car can be expensive and you've got yourself a great deal.
People were going nuts for the 640d and 535d GT's that were going for £450 a month as a lease deal a couple of years ago. I know it's different but it's not that different!
Cheib said:
If I am reading this right you are basically paying £600 a month for a brand new £105k M6 ? Yes you're getting £28k for you current car but you'll effectively get that back with the £27k GFV.
Throw in the 5 years servicing which on an M car can be expensive and you've got yourself a great deal.
People were going nuts for the 640d and 535d GT's that were going for £450 a month as a lease deal a couple of years ago. I know it's different but it's not that different!
How are you going to get the £28k back? After 4 yrs you either hand the car back or give BMW another £27k so effectively you're going to lose the £28k deposit plus £600 x48 months in 4 yrs time. That is a whole loads of cash. Throw in the 5 years servicing which on an M car can be expensive and you've got yourself a great deal.
People were going nuts for the 640d and 535d GT's that were going for £450 a month as a lease deal a couple of years ago. I know it's different but it's not that different!
beemarman said:
Cheib said:
If I am reading this right you are basically paying £600 a month for a brand new £105k M6 ? Yes you're getting £28k for you current car but you'll effectively get that back with the £27k GFV.
Throw in the 5 years servicing which on an M car can be expensive and you've got yourself a great deal.
People were going nuts for the 640d and 535d GT's that were going for £450 a month as a lease deal a couple of years ago. I know it's different but it's not that different!
How are you going to get the £28k back? After 4 yrs you either hand the car back or give BMW another £27k so effectively you're going to lose the £28k deposit plus £600 x48 months in 4 yrs time. That is a whole loads of cash. Throw in the 5 years servicing which on an M car can be expensive and you've got yourself a great deal.
People were going nuts for the 640d and 535d GT's that were going for £450 a month as a lease deal a couple of years ago. I know it's different but it's not that different!
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