Discounts on new M3/M4?

[Welshbeef]

Wills2 said:

Overall new car sales have tailed off in recent months.

What is this new range BMW is bringing out? You won't see a new M3 until at least 2020 if that's what you mean.

He must be thinking 5 series F10 to G30 or then again maybe not that close to automotive news and product lifecycle.

[Justin-xiyf2]

I’ve haggled long and hard and the best deal I could get on a new M4 CP with full carbon kit and almost every option (circa £73k list) was £64k. As mentioned by others this is still way too high for a car that will be worth £50k tops in six months time. I’m waiting on a loaded pre-reg LCI for sub £50k. I may or may not get one but I’m in no rush so happy to wait.

I lost £10k on my M2 over 5 months and 2300 miles. Won’t be doing that again in a hurry.

Edited by Justin-xiyf2 on Wednesday 25th October 15:03

[9005rpm]

Seem to be quite a few Sep 17 / 67 plate cars like this one - http://www.sytner.co.uk/car-search/7838998-bmw-m4/

All around £57k and based on a new price of c. £65k or so. I'm struggling to do better than that.

[Wills2]

Welshbeef said:

He must be thinking 5 series F10 to G30 or then again maybe not that close to automotive news and product lifecycle.

G30 is already out.

[Welshbeef]

9005rpm said:

Seem to be quite a few Sep 17 / 67 plate cars like this one - http://www.sytner.co.uk/car-search/7838998-bmw-m4/

All around £57k and based on a new price of c. £65k or so. I'm struggling to do better than that.

What are you happy to pay?

[9005rpm]

Feels like about £55k.

[johnny senna]

It's a pity so few of them have the full leather dash. I'd definitely want that, with carbon interior as well.

[JMBMWM5]

johnny senna said:

It's a pity so few of them have the full leather dash. I'd definitely want that, with carbon interior as well.

I never look at my dash, mine goes in March, enjoyed this second one.

[f1ten]

I can't see any big discounts coming in these in the next 6 months frankly. I reckon 55k is a good deal indeed for even a fairly basic spec car pre Reg. Merc c63 and c63s are more expensive in the first place. Actually the c63 coupe I borrow a few weeks ago was pretty short of spec and I was surprised asa a dealer demo whAt it lacked compared to my admittedly high spec m4.
The carbon dash is a must buy the leather dash is not although mine does have it, being black leather it's not a stand out feature.

[johnny senna]

JMBMWM5 said:

I never look at my dash.

The thing is, you DO look at your dash all the time. That was my point. You don't look at your rear wheel arch liner very often, or the back of the rear seats. But we all look at the dash all the time. That's why I'd want a nice leather one.

[9005rpm]

Deal done. £68.5k car, paying £57.5k. Dealer will register next week and I'll pick it up the next day.

I think it is a 2018 car too. Does anyone know how I check?

Very happy. Will also be fitting an M performance exhaust.

[FocusRS3]

9005rpm said:

Deal done. £68.5k car, paying £57.5k. Dealer will register next week and I'll pick it up the next day.

I think it is a 2018 car too. Does anyone know how I check?

Very happy. Will also be fitting an M performance exhaust.

Wow great discount.

Was this through car broker ?

[Justin-xiyf2]

2018 car will have LED lights. Easiest way to tell is the reversing lights are at the bottom. Pre-LCI are at the top. Cracking discount. I’ll be going back to my dealer as best I was offered on a £73k list was £64k. I would do a deal at £60k. No more. Depreciation is just too great and as I change cars every year this is a big deal.

[9005rpm]

FocusRS3 said:

Wow great discount.

Was this through car broker ?

No, not a broker, main dealer. Couldn't get a broker deal that low. I think I was helped by the fact it is the end of the month.

[9005rpm]

Justin-xiyf2 said:

2018 car will have LED lights. Easiest way to tell is the reversing lights are at the bottom. Pre-LCI are at the top. Cracking discount. I’ll be going back to my dealer as best I was offered on a £73k list was £64k. I would do a deal at £60k. No more. Depreciation is just too great and as I change cars every year this is a big deal.

Thanks, I will check that. Yes, depreciation is a lot, but if you assume that the discount price is the retail price then it's a bit better. Still far from great.

My dealer tells me noone pays close to retail which has to be true. Can't imagine paying £70k for one of these cars...

[MJ17]

Thanks for a really useful thread!

I'm looking for a M4 Conv C/P and after lots of shopping around have the following offer/spec from a dealer.

11,500 deposit (includes a P/X, Potentially selling private would be more cash efficient).
550/mo
48 mo
8000 mls
0% APR

Full specs below, I thought I was doing pretty well after negotiation down from silly silly figures, but then found this (admittedly now dead) link from Sytner suggesting 11300 dep + 530/mo is a pretty common deal (admittedly, thats for a coupe not the wobblytop): http://www.sytner.co.uk/bmw/new-offers/m-performan...

What has anyone else managed on the PCP side? Is this a good deal? Total purchase price INC VAT is listed as 72,130.01.

-MJ

Specs

---

F83 M4 Competition Package Convertible S55 3.0 LCI
Black Sapphire
Black Extended Merino Leather
Active Security package
5AG Lane change warning system
5AL Dynamic Safety
5AS Driving Assistant
Convertible Comfort package
248 Steering wheel heating
387 Wind deflector
4NH Air Collar
20" M Star-spoke style 666M forged alloy wheels with mixed tyres
Seven-speed Double Clutch Transmission (M DCT) w/ DRIVELOGIC
Reversing Assist camera
Carbon Fibre interior trim w/ Black Chrome finishers Surround-view
BMW M Head-up Display
Loudspeaker system - harman/kardon surround sound
BMW Individual high-gloss Shadow Line with extended contents
Competition package
Speed limit display

[as7920]

MJ17 said:

Thanks for a really useful thread!

I'm looking for a M4 Conv C/P and after lots of shopping around have the following offer/spec from a dealer.

11,500 deposit (includes a P/X, Potentially selling private would be more cash efficient).
550/mo
48 mo
8000 mls
0% APR

Full specs below, I thought I was doing pretty well after negotiation down from silly silly figures, but then found this (admittedly now dead) link from Sytner suggesting 11300 dep + 530/mo is a pretty common deal (admittedly, thats for a coupe not the wobblytop): http://www.sytner.co.uk/bmw/new-offers/m-performan...

What has anyone else managed on the PCP side? Is this a good deal? Total purchase price INC VAT is listed as 72,130.01.

-MJ

Specs

---

F83 M4 Competition Package Convertible S55 3.0 LCI
Black Sapphire
Black Extended Merino Leather
Active Security package
5AG Lane change warning system
5AL Dynamic Safety
5AS Driving Assistant
Convertible Comfort package
248 Steering wheel heating
387 Wind deflector
4NH Air Collar
20" M Star-spoke style 666M forged alloy wheels with mixed tyres
Seven-speed Double Clutch Transmission (M DCT) w/ DRIVELOGIC
Reversing Assist camera
Carbon Fibre interior trim w/ Black Chrome finishers Surround-view
BMW M Head-up Display
Loudspeaker system - harman/kardon surround sound
BMW Individual high-gloss Shadow Line with extended contents
Competition package
Speed limit display

What's your GFV?

I'm looking at M3 CP DCT and getting 10% off list, £8k in, 8k miles pa and £549 per month. So yours seems similar to mine.

[Burwood]

Frankly that deal sucks. You’ve been sold in a monthly payment. 37k for 4 years. It matters not what the GFV is, it will be zero equity. The questions I would be asking include, R.I.P. and net price. I’d guess the gfv is low. 24,500?

[Little Lofty]

The 0% is good if your keeping it 3 or 4 years as you will save £6/7k in interest. If only keeping it a year or so the lack of big discount will cost you a lot as these cars are only worth high £40k after a year. If you could get the old discounts of 16/17% and 0% finance then that would be a great deal.

[as7920]

For me, I would intend to keep the car the full term. New M3 due 2020, CP not until 2021? My GFV was quoted as £27.5k so £34k loss over 4 years. Surely it'll be worth a little more than the GFV?

Unfortunately AUC or even broker APR isn't any lower than 5.5% unless you've got a RBS, Lloyds or Halifax account for 3.9% APR.

If I was going to swap cars sooner, I wouldn't be looking new.