New 5 series discount off list

[ism123]

What should I be looking for? Cash purchase, probably 520d saloon.

Thanks

Ian

[Kudos]

Broadspeed.com

[Chipper]

Not trying to teach you to suck eggs but even with a good discount BMW's are dropping like a stone in depreciation of late.
My high spec 2.0d se touring has lost £17000 in 12 months ownership and 28000 miles. That's with the 8% discount I negotiated too.

it's a lovely car mind

[ism123]

It's a company car purchase by the way so depreciation is factored in

[RRS_Staffs]

Chipper said:

Not trying to teach you to suck eggs but even with a good discount BMW's are dropping like a stone in depreciation of late.
My high spec 2.0d se touring has lost £17000 in 12 months ownership and 28000 miles. That's with the 8% discount I negotiated too.

it's a lovely car mind

Wow thats pretty shocking over a year
Broadspeed have a boggo 320d SE at 25k ish versus a sticker of almost 30k

If you dont mind me asking what did you pay, was it full price and what have you been offered for it now and by who under what circumstances

COI: Long standing Bavarian-phile taking a sabbatical driving a tractor

[Chipper]

I paid just under £40000 for a high spec touring and thats with a 8% discount. At the time i wanted to have another 535d but for the same spec vechicle it was something like £13000 more. I'm bloody glad I just went for 2.0d as depreciation on a 535d must be biblical looking at BMW's used website.

I've had two offers of £23000 against a new M5 and then on a 640d lease deal from different dealers.

I'm not really that bothered about the loss as I've decided to keep it. It averages 42mpg and the tyres last just under 19000 miles. It's light years ahead in comfort over my previous E60 models that I had, and as its lost so much in such a short time there is really little point in selling it for several years. If it stays reliable the wife will have to have it in a couple of years which she's not too happy about

If you look at the offers that Mercedes, Audi and BMW are having to offer to shift stock through their lease deals it seems that the market is on its knees and the only way dealers can shift new metal is to offer these fantastic offers.

Edited by Chipper on Sunday 29th January 08:15

[RRS_Staffs]

Lordy - I like my toys from the options list too but Im guessing that with your 8% discount you ticked boxes to the tune of 14k

23k as a PX doesnt look too bad against a standard car at between 25-30k depending on discount but I agree its a shock after youd "made it your own"

Im planning on running my RR Sport to the grave - although the 28% discount when I bought it is a pretty good sweetener if I decide to go eco and swap it.....

PS Ive just driven over the Snake Pass in darkness and sleet at 0'C and tonight Im very very happy my 330d is history

[Fox-]

If its a company car surely your contract hire rate is more important than discount on list? The lease company won't pay list anyway.

[tarks63]

Chipper said:

Not trying to teach you to suck eggs but even with a good discount BMW's are dropping like a stone in depreciation of late.
My high spec 2.0d se touring has lost £17000 in 12 months ownership and 28000 miles. That's with the 8% discount I negotiated too.

it's a lovely car mind

Just bought an ex BMW management 325d M sport coupe from Sytner BMW.
High spec £43k mile car, 6 months old with 3700 miles on the clock cost of £26300.
This was a company car purchase, but even I could not justify spending £17k extra for a new one.

[Vroomer]

Chipper said:

Not trying to teach you to suck eggs but even with a good discount BMW's are dropping like a stone in depreciation of late.
My high spec 2.0d se touring has lost £17000 in 12 months ownership and 28000 miles. That's with the 8% discount I negotiated too.

it's a lovely car mind

Was that the new model or the old model?

[Bubba Zanetti]

Chap at work picked up a new 520D SE with a few basic options. Think he said dealer offered around 6-7% discount off list before any serious haggling had started.

[Chipper]

Vroomer said:

Was that the new model or the old model?

New.

If I keep it for another two years I think it would be worth between £13000 and £15000 so there is little point in selling it till then.

Just don't buy new

[Vroomer]

Chipper said:

New.

If I keep it for another two years I think it would be worth between £13000 and £15000 so there is little point in selling it till then.

Just don't buy new

I thought the new model was selling like hot cakes and hard to get hold of,therefore prices very firm. Is that just hype?

[morbix]

Vroomer said:

I thought the new model was selling like hot cakes and hard to get hold of,therefore prices very firm. Is that just hype?

I think the poster is on about the 3 series and not the 5. As mentioned in another thread, I was offered about 15% off a new 520d m sport. That was with prof nav and a couple of other extras on a new build for March. My take is that sales aren't going that well otherwise discounts like this couldn't be had.

[Vroomer]

Why do you think he is referring to a 3 Series?

[ProjectBayern]

11% and 12& is achievable with enough negotiating and the right dealer!

The dealers are under a lot of pressure to hit registration targets (which for BMW in Q1 2012 are big) and most dealers will take the volume in Jan/Feb i.e do stunning deals now so they reach their units target and can stand firmer with discounts in March to hit there profit targets. They'll then also have to do less self registrations (register new car stock as demo/pre-reg/management/service loan) standard practice of the big 3 (BMW, Audi, Merc) now a days. If you're going to buy a new car then it's now and pick your own spec as cars can probably still be spec changed in time for late March or gamble and buy in the last week of March and take a stupid deal but be prepared to take what ever they've got left (pretty safe gamble these days as there will always be a few dealers short of target, it just might be some leg work on your part).

Also there is some finance deposit contributions from BMW finance which are worth taking, settle it off in 3 months and get a full rebate on the outstanding interest (only 1 months penalty) and you should be up there to.

New 5 series is stunning!!!! You won't regret it!

[Chipper]

Vroomer said:

I thought the new model was selling like hot cakes and hard to get hold of,therefore prices very firm. Is that just hype?

I don't think a lot of things are selling well these days unless people are giving it away. I read in this month evo that you can get a two year old Merc E250 Cdi that was a £40000 vehicle for less than £25000 from a main dealer with warranty. That's a fantastic car for the money.


The only vehicles that seem to be holding up well are new X3's ,Q5 etc....

[ism123]

Thanks for (most of) the replies (I'm after a 5 series, not a 3)

My company purchases cars outright so in effect I am a cash buyer and am not interested in any finance. I have the E60 LCI 520D at the moment. I have tried Mercs and yes there are deals but most of the cars have the older 5 speed auto and the emissions are crap, as opposed to the newer car which has a 7 speed auto and improved co2 (but still not near BMW - but then I am quite brand loyal - this'll be my 9th).

I drove the new 3 on Saturday and the new 5 straight after. It's a 5 every time for me.

The deal I have on the table is 10% off list for a new build car, but tbh was looking to try to improve on this. I am in no rush as well: I just want the best deal I can get.

[ism123]

morbix said:

As mentioned in another thread, I was offered about 15% off a new 520d m sport.

Can you PM me the dealer please?

[ism123]

11% was the final amount....