F90 M5 Competition

F90 M5 Competition

Author
Discussion

HoHoHo

14,987 posts

250 months

Thursday 7th November 2019
quotequote all
Zanderman said:
I have been looking at the slightly used price of these and you can get a 19 plate comp with low miles for around £65k. I knew mine would drop like a stone but...………..
Simples.......

Don’t look laugh

Zanderman

Original Poster:

1,091 posts

212 months

Thursday 7th November 2019
quotequote all
Couldn't help it! Means that mine would be mid £50's in the trade, ouch!!! (not that i'm planning to move it on by the way!)

Terminator X

15,080 posts

204 months

Thursday 7th November 2019
quotequote all
HoHoHo said:
Zanderman said:
I have been looking at the slightly used price of these and you can get a 19 plate comp with low miles for around £65k. I knew mine would drop like a stone but...………..
Simples.......

Don’t look laugh
Keeper then wink

TX.

jm doc

2,791 posts

232 months

Thursday 7th November 2019
quotequote all
Zanderman said:
I have been looking at the slightly used price of these and you can get a 19 plate comp with low miles for around £65k. I knew mine would drop like a stone but...………..
Beware slightly used low mileage M5's from BMW. Some of them may have been more than slightly ABused

Burwood

18,709 posts

246 months

Thursday 7th November 2019
quotequote all
jm doc said:
Zanderman said:
I have been looking at the slightly used price of these and you can get a 19 plate comp with low miles for around £65k. I knew mine would drop like a stone but...………..
Beware slightly used low mileage M5's from BMW. Some of them may have been more than slightly ABused
We all looked out for the blue f10s used by the press. To be fair it’s the 18 reg that were used for those purposes . Just check the first owner. It’s a very reliable package

garystoybox

777 posts

117 months

Thursday 7th November 2019
quotequote all
Given all dealerships will have had demo M5 Comps over last 12 months, most of the low mileage cars will have had severe abuse before the running in service. Know a couple of pals who demo’d the local dealerships car, redlining from cold with only a couple of hundred miles on it. Wouldn’t touch them with a barge pole.

Amizade

284 posts

225 months

Thursday 14th November 2019
quotequote all
garystoybox said:
Given all dealerships will have had demo M5 Comps over last 12 months, most of the low mileage cars will have had severe abuse before the running in service. Know a couple of pals who demo’d the local dealerships car, redlining from cold with only a couple of hundred miles on it. Wouldn’t touch them with a barge pole.
+1 and remember there is a whole fleet of M's incl M5C's that get totally ragged on driver days.

turboman786

1,064 posts

187 months

Sunday 17th November 2019
quotequote all
Having owned pretty much every series of M Car i got a M5CP on a 2 day testdrive and thought it was fantastic....

Im tempted to buy one but the advent of the M8 GC keeps me hanging.....

I previously had an M6 GC which I thought was one of the prettiest cars on the road !

Zanderman

Original Poster:

1,091 posts

212 months

Sunday 17th November 2019
quotequote all
Anyone going for winter tyres? If so what are you looking at?

garystoybox

777 posts

117 months

Sunday 17th November 2019
quotequote all
Zanderman said:
Anyone going for winter tyres? If so what are you looking at?
Yep, just went for the ‘official’ staggered 19 inch wheel/tyre set with Alpin 5’s. A combination of living in the North of England and using this as a daily makes it a necessity for peace of mind. Nearly had two huge incident/accidents in my X5M failing to brake/turn on summer rubber mid winter a couple of years ago means i’ll not take the risk of high performance summer rubber ever again. 10% discount brought them in at £3,470. First impressions are they are mega and unlike the X5M winters, the steering and handling feels almost identical to the summer PS4s.

Joscal

2,078 posts

200 months

Monday 18th November 2019
quotequote all
I would go as far to say winters are essential, my F10 M5 was absolutely useless here in NI in slippy conditions. I’m sure traction will be better with 4wd but turning and getting stopped will be a very different matter!

Quite envious of you folks, I’m now driving a G20 330e as a company car and whilst economical and a very impressive car it’s no M5..albeit I’ve only used a 1/4 of a tank in 1000 miles.

Enjoy!




Zanderman

Original Poster:

1,091 posts

212 months

Monday 18th November 2019
quotequote all
I am looking at putting some Michelin Pilot Alpin PA4's on my existing wheels. Looking at about £1160 fitted so far which looks pretty good.

Terminator X

15,080 posts

204 months

Monday 18th November 2019
quotequote all
Nice bit of road near me with 2 great corners in quick succession, went through it the other day at my usual speed and the car was far twitchier than I expected! Slight dampness on the road is all I can put it down to.

TX.

JMBMWM5

2,284 posts

198 months

Monday 18th November 2019
quotequote all
BMW UK CONTRIBUTIONS ON F90 M5 COMP NOW ONLY £5K.
So at the moment no more great deals to be had on these cars.

M5 London

259 posts

101 months

Tuesday 19th November 2019
quotequote all
JMBMWM5 said:
BMW UK CONTRIBUTIONS ON F90 M5 COMP NOW ONLY £5K.
So at the moment no more great deals to be had on these cars.
Thankfully Dealer Deposit Contributions still seem to be strong at £20,600 here... :

https://www.stratstone.com/new-cars/bmw/m5-competi...

Blue62

8,865 posts

152 months

Tuesday 19th November 2019
quotequote all
JMBMWM5 said:
BMW UK CONTRIBUTIONS ON F90 M5 COMP NOW ONLY £5K.
So at the moment no more great deals to be had on these cars.
I don't understand the rationale behind these campaigns, but then I don't work in the industry. Surely anyone with a bit of common knows that M5's are heavily discounted, so what effect will suspending a campaign have other than to dry up sales?

Max Maxasson

411 posts

183 months

Tuesday 19th November 2019
quotequote all
The planning for the bulk of vehicle manufacturing runs up to a year in advance...so importers have to estimate the number of vehicles they expect to sell well in advance and order them from the factory.
If there is an economic downturn, the sales of expensive performance cars tend to fall far quicker than bread and butter cars.
So BMW UK have ended up with quite a lot of unsold M cars.
One way (and arguably the best way) to shift them is a short high discount sales campaign.
All the unsold std M5s have gone and now they have to clear the unsold M5CPs.
With a bit of luck BMW AG/UK will have learnt a lesson and reduce the number of M cars being ordered without a sold order.
If the only way to get a new M5 is through a factory order then there would be no need to discount at all...just like the E46 M3s back in the day when you had to pay list and order from the factory.

]

Edited by Max Maxasson on Tuesday 19th November 11:20

Burwood

18,709 posts

246 months

Tuesday 19th November 2019
quotequote all
Max Maxasson said:
The planning for the bulk of vehicle manufacturing runs up to a year in advance...so importers have to estimate the number of vehicles they expect to sell and order them from the factory.
If there is an economic downturn, the sales of expensive performance cars tend to fall far quicker than bread and butter cars.
So BMW UK have ended up with quite a lot of unsold M cars.
One way (and arguably the best way) to shift them is a short high discount sales campaign.
All the unsold std M5s have gone and now they have to clear the unsold M5CPs.
With a bit of luck BMW AG/UK will have learnt a lesson and reduce the number of M cars being ordered without a sold order.
If the only way to get a new M5 is through a factory order then there would be no need to discount at all...just like the E46 M3s back in the day when you had to pay list and order from the factory.

Edited by Max Maxasson on Tuesday 19th November 11:19


Edited by Max Maxasson on Tuesday 19th November 11:20
But they have to keep the line moving (assuming?). I have no idea whether several M cars are build on the same line.

theboss

6,913 posts

219 months

Tuesday 19th November 2019
quotequote all
Max Maxasson said:
The planning for the bulk of vehicle manufacturing runs up to a year in advance...so importers have to estimate the number of vehicles they expect to sell well in advance and order them from the factory.
If there is an economic downturn, the sales of expensive performance cars tend to fall far quicker than bread and butter cars.
So BMW UK have ended up with quite a lot of unsold M cars.
One way (and arguably the best way) to shift them is a short high discount sales campaign.
All the unsold std M5s have gone and now they have to clear the unsold M5CPs.
With a bit of luck BMW AG/UK will have learnt a lesson and reduce the number of M cars being ordered without a sold order.
If the only way to get a new M5 is through a factory order then there would be no need to discount at all...just like the E46 M3s back in the day when you had to pay list and order from the factory.

]

Edited by Max Maxasson on Tuesday 19th November 11:20
I don’t doubt what you’re saying, but plenty of us have had substantial discounts on factory orders as well. Presumably even in the absence of any surplus of pre-manufactured cars they still need to fill a certain amount of build slots to keep things rolling at the required pace of production.

Wills2

22,827 posts

175 months

Tuesday 19th November 2019
quotequote all
Max Maxasson said:
The planning for the bulk of vehicle manufacturing runs up to a year in advance...so importers have to estimate the number of vehicles they expect to sell well in advance and order them from the factory.
If there is an economic downturn, the sales of expensive performance cars tend to fall far quicker than bread and butter cars.
So BMW UK have ended up with quite a lot of unsold M cars.
One way (and arguably the best way) to shift them is a short high discount sales campaign.
All the unsold std M5s have gone and now they have to clear the unsold M5CPs.
With a bit of luck BMW AG/UK will have learnt a lesson and reduce the number of M cars being ordered without a sold order.
If the only way to get a new M5 is through a factory order then there would be no need to discount at all...just like the E46 M3s back in the day when you had to pay list and order from the factory.

Edited by Max Maxasson on Tuesday 19th November 11:20
I've never understood this just make less argument, do you think they don't make money at 70k? Of course they do, M cars are their highest margin products and the production line cannot sit idle, the funding is also baked into the annual budget they don't just rustle it up from no where, nobody at BMW thought people would be queuing out of the door to spend 100k on a 5 series.....this isn't a new thing and has been going on for years, my last 5 M cars have all been bought on these kind of deals including the one ordered last week.

The market knows this and prices the cars in the trade from the deal pricing so the bath starts at the discounted price, when everyone is getting a bargain no one is getting a bargain....