Mini GP3 lost its way?

Mini GP3 lost its way?

Author
Discussion

blue al

944 posts

159 months

Monday 2nd December 2019
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I'd suspect May would be the time to ask for a discount
If dealers are sat on any allocation/ buyers who never followed through ....

gravy13

54 posts

58 months

Tuesday 3rd December 2019
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Just had my email from the dealer saying I have to confirm if I want it by the end of this month - would be good to know how many people have confirmed but no way they'll give that info out!

shoestring7

6,138 posts

246 months

Tuesday 3rd December 2019
quotequote all
gravy13 said:
Just had my email from the dealer saying I have to confirm if I want it by the end of this month - would be good to know how many people have confirmed but no way they'll give that info out!
Are you going for the base car or the Touring pack? My dealer tells me there are no other options...



gravy13

54 posts

58 months

Tuesday 3rd December 2019
quotequote all
shoestring7 said:
gravy13 said:
Just had my email from the dealer saying I have to confirm if I want it by the end of this month - would be good to know how many people have confirmed but no way they'll give that info out!
Are you going for the base car or the Touring pack? My dealer tells me there are no other options...
I think i will opt for the Touring Pack - I was going to leave it off for a 'purer' car but the reality is I will use this as a daily for the first part of it's life.

shoestring7

6,138 posts

246 months

Tuesday 3rd December 2019
quotequote all
gravy13 said:
shoestring7 said:
gravy13 said:
Just had my email from the dealer saying I have to confirm if I want it by the end of this month - would be good to know how many people have confirmed but no way they'll give that info out!
Are you going for the base car or the Touring pack? My dealer tells me there are no other options...
I think i will opt for the Touring Pack - I was going to leave it off for a 'purer' car but the reality is I will use this as a daily for the first part of it's life.
The std car comes with manual a/c apparently, but no option to upgrade this to climate. Its my only 'must have' so I'm deciding if CC is worth £2k.....

gravy13

54 posts

58 months

Tuesday 3rd December 2019
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shoestring7 said:
The std car comes with manual a/c apparently, but no option to upgrade this to climate. Its my only 'must have' so I'm deciding if CC is worth £2k.....
My other consideration was resale and i think people will look for it. Then again the purists might want it standard!

Are you all confirmed for yours?

ghiblicup

605 posts

214 months

Tuesday 3rd December 2019
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I've bitten the bullet and confirmed with touring pack.

It's grown on me and I fancy something with more toys and comfort than the Challenge. I can live with the auto as I have one of the greatest manual boxes in my other car.

gravy13

54 posts

58 months

Wednesday 4th December 2019
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The dealer has told me there are only 40 left - not sure if that is build slots or confirmed orders/sales.

LaurasOtherHalf

21,429 posts

196 months

Wednesday 4th December 2019
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I had an email from the guy who sold me my GP2 all those years ago asking if I wanted in on this. Plenty left last week anyways.

To be honest, the biggest thing that puts me off (disregarding it’s unreliability) was MINI rinsing the market value by bringing in another 50% on top of the U.K. market when they sold out the first batch and couldn’t sell them in other right hand drive markets.

Next thing you know it was big discounts literally within weeks of the first 200 owners picking theirs up. Screw ‘em.


mikeyb1987

2,356 posts

154 months

Wednesday 4th December 2019
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LaurasOtherHalf said:
I had an email from the guy who sold me my GP2 all those years ago asking if I wanted in on this. Plenty left last week anyways.

To be honest, the biggest thing that puts me off (disregarding it’s unreliability) was MINI rinsing the market value by bringing in another 50% on top of the U.K. market when they sold out the first batch and couldn’t sell them in other right hand drive markets.

Next thing you know it was big discounts literally within weeks of the first 200 owners picking theirs up. Screw ‘em.
I think you may be local to me (Carlisle). I've seen your CTR a coupleo of times. Did you buy the GP from Lloyd Mini? Interestingly (as a GP2 owner), I also got a call from them last week seeing if I wanted to put a deposit down on a GP3.

LaurasOtherHalf

21,429 posts

196 months

Wednesday 4th December 2019
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mikeyb1987 said:
LaurasOtherHalf said:
I had an email from the guy who sold me my GP2 all those years ago asking if I wanted in on this. Plenty left last week anyways.

To be honest, the biggest thing that puts me off (disregarding it’s unreliability) was MINI rinsing the market value by bringing in another 50% on top of the U.K. market when they sold out the first batch and couldn’t sell them in other right hand drive markets.

Next thing you know it was big discounts literally within weeks of the first 200 owners picking theirs up. Screw ‘em.
I think you may be local to me (Carlisle). I've seen your CTR a coupleo of times. Did you buy the GP from Lloyd Mini? Interestingly (as a GP2 owner), I also got a call from them last week seeing if I wanted to put a deposit down on a GP3.
Yep that’s me smile

MDifficult

2,044 posts

185 months

Thursday 5th December 2019
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LaurasOtherHalf said:
To be honest, the biggest thing that puts me off (disregarding it’s unreliability) was MINI rinsing the market value by bringing in another 50% on top of the U.K. market when they sold out the first batch and couldn’t sell them in other right hand drive markets.

Next thing you know it was big discounts literally within weeks of the first 200 owners picking theirs up. Screw ‘em.
Using howmanyleft, it looks like the absolutely peak was 250 cars in the UK, so they brought in another 25% over the original 200 - but the outcome was exactly as you said... from over-demand to over-supply and lots left sitting in showrooms eventually going for a discount.

The GP3 has a much larger volume coming, but perhaps the market is warmer to this style of car now than is was then? Or... big discounts will be available a few months from launch...

LaurasOtherHalf

21,429 posts

196 months

Thursday 5th December 2019
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I had it confirmed at the time as an extra 100. Perhaps they couldn’t shift all of them and they were switched around markets. Regardless, as an owner of a companies flagship and most expensive product it was a kick in the balls.

Residuals were remarkably poor for them, I think at around 2 years old trade bids were around 19k for a circa 32.5k car (new).

shoestring7

6,138 posts

246 months

Thursday 5th December 2019
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The GP3 is a different beast, my guess is that BMW/Mini got fingers burned with a stripped out track/road GP that was little faster (on paper) than regular Cooper S's with a JCW pack. This one looks much more like the other £30-£35k fwd 300bhp hatch backs, with 30% more power than the JCW, a unique dash & bodywork, lsd and the option of nav/heated seats/climate.

At at cost of only around 25% more than that decently specified auto JCW, that makes it reasonably value and a pretty decent daily driver.

So long as you don't compare it with other £37k performance cars - but you'd say the same about a £30k JCW.


shoestring7

6,138 posts

246 months

Monday 9th December 2019
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At the weekend I saw some internal Mini dealer briefing documents. The 'base' (its referred to as 'weight optimised for performance') GP will not come with any form of a/c, so unless you like sweating the £2k 'Touring Pack' is a must in the UK for a car used regularly. Mini expect 90% of UK cars to be so specified.

They quote 1255kgs for the base GP vs 1340kg for a JCW - a saving of 85kgs. A lot of that must come from ditching the a/c.

At the point of writing, there were 100 of the UK's 575 allocation available. Those who have pre-ordered have to state a base/Touring preference this month, firm order next month (PCP pricing will be available), production starts in March and customer deliveries are complete by end June. Mini are trying to prevent stock or demo cars being ordered and will not allow any changes to confirmed orders.


Bigwod

308 posts

53 months

Monday 9th December 2019
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I’ve gone for the touring pack not by choice but by not wanting to be roasting hot when I’m out and about in the summer months. 2k to keep cool,nice one mini, £££

gravy13

54 posts

58 months

Tuesday 10th December 2019
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shoestring7 said:
At the weekend I saw some internal Mini dealer briefing documents. The 'base' (its referred to as 'weight optimised for performance') GP will not come with any form of a/c, so unless you like sweating the £2k 'Touring Pack' is a must in the UK for a car used regularly. Mini expect 90% of UK cars to be so specified.

They quote 1255kgs for the base GP vs 1340kg for a JCW - a saving of 85kgs. A lot of that must come from ditching the a/c.

At the point of writing, there were 100 of the UK's 575 allocation available. Those who have pre-ordered have to state a base/Touring preference this month, firm order next month (PCP pricing will be available), production starts in March and customer deliveries are complete by end June. Mini are trying to prevent stock or demo cars being ordered and will not allow any changes to confirmed orders.

I was at the dealer and the weekend and he was very keen to point out the lack of a/c in the standard car.

He has tried to tell me that there are around 40 slots left with the others confirmed. What he wasn't clear on is if the c. 535 (in his opinion) that were confirmed had confirmed their order as you need to by the end of December or were just on the waiting list.

He said he'd had a client from NI ask for a slot and he couldn't get him one.

I do have this fear that they'll get about 50% pre-ordered and the rest will turn up on forecourts with free touring packs etc.

Phooey

12,600 posts

169 months

Wednesday 11th December 2019
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I would be absolutely amazed if BMW sell all 535 cars at full list price. That is a lot of cars. I also think it's quite expensive. Is it not the same engine (306hp) as the Clubman.. and will there be a regular (306hp) JCW hatch produced? And out of interest how well did the GP1 and GP2 sell?

Tpb91

3 posts

53 months

Saturday 14th December 2019
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Got some figures from my dealer based on a few grand down over 48 month PCP

Touring pack - £550
Standard - £510


LaurasOtherHalf

21,429 posts

196 months

Saturday 14th December 2019
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Back when I bought my GP2 they did a good 0% interest deal-50:50-50% down and then nothing for two years and owe/finance the rest in two years time.

Was the main reason for me getting into it to be honest.