Discount on new M5

Discount on new M5

Author
Discussion

Tea Pot One

Original Poster:

1,847 posts

228 months

Saturday 11th May 2019
quotequote all
What sort of discount is available of the new M5 ?

I saw one pre reg with 10 miles at 80K as opposed to 101K from a dealer on here - wondered if new was silly or a pre reg a good idea.

Anyone got experience of buying one of these recently ?


Turbo cab

1,601 posts

232 months

Saturday 11th May 2019
quotequote all
Logged on to ask exactly the same thing regarding a competition pack car and saw this post, hope OP doesn't mind me tagging along smile

Speaking with a dealer who has a new unreg Riviera car inbound and have been offered £19k off, full spec car with every option ticked - how much can I realistically push for as I don't fancy losing my shirt considering what lightly used ones are going for..

theboss

6,909 posts

219 months

Sunday 12th May 2019
quotequote all
Sure plenty of people will be along with some relevant real world examples but meanwhile quite a few recent buyers have posted here -

https://www.pistonheads.com/gassing/topic.asp?h=0&...

JMBMWM5

2,283 posts

198 months

Sunday 12th May 2019
quotequote all
The best deals were in March or just before, I got a fully loaded M5 Comp for £78K new, that will be hard to achieve today but you will get close IF you punt around and play them off, my car booked @v £103 on the road. Good luck and don't just look local.

Turbo cab

1,601 posts

232 months

Sunday 12th May 2019
quotequote all
JMBMWM5 said:
The best deals were in March or just before, I got a fully loaded M5 Comp for £78K new, that will be hard to achieve today but you will get close IF you punt around and play them off, my car booked @v £103 on the road. Good luck and don't just look local.
So £25k discount? Seems good - the car I'm currently looking at lists at just under £123k OTR.

The problem I have is I missed a used 18 plate grey car last week that listed at circa £117k, 7500 miles and it sold for £73k. It would seem that they're not really spec sensitive when it comes to resale and it's a bitter pill to swallow driving off and realising you've just done £30k.

theboss

6,909 posts

219 months

Sunday 12th May 2019
quotequote all
Turbo cab said:
So £25k discount? Seems good - the car I'm currently looking at lists at just under £123k OTR.

The problem I have is I missed a used 18 plate grey car last week that listed at circa £117k, 7500 miles and it sold for £73k. It would seem that they're not really spec sensitive when it comes to resale and it's a bitter pill to swallow driving off and realising you've just done £30k.
Would be intrigued to see the spec list for a £123k car!

Phil.

4,762 posts

250 months

Sunday 12th May 2019
quotequote all
I picked up a high spec pre-reg M5 Comp a couple of weeks ago with a £27k discount. There were plenty about then but prices and specs vary a lot.


HSimon

29 posts

138 months

Sunday 12th May 2019
quotequote all
Turbo cab said:
So £25k discount? Seems good - the car I'm currently looking at lists at just under £123k OTR.

The problem I have is I missed a used 18 plate grey car last week that listed at circa £117k, 7500 miles and it sold for £73k. It would seem that they're not really spec sensitive when it comes to resale and it's a bitter pill to swallow driving off and realising you've just done £30k.
I agree,
But i think you have to be certain, that this is the car you want, and keep it a while to try and justify the depreciation ?. I will be keeping mine at least 4 years, and it took me a long time to decide to buy the car, but im so glad i did eventually buy it, it really is awesome. If you want to be in and out of it quickly, i would advise you to look elsewhere.

Turbo cab

1,601 posts

232 months

Sunday 12th May 2019
quotequote all
theboss said:
Turbo cab said:
So £25k discount? Seems good - the car I'm currently looking at lists at just under £123k OTR.

The problem I have is I missed a used 18 plate grey car last week that listed at circa £117k, 7500 miles and it sold for £73k. It would seem that they're not really spec sensitive when it comes to resale and it's a bitter pill to swallow driving off and realising you've just done £30k.
Would be intrigued to see the spec list for a £123k car!
So in addition to the usual premium and comfort packs most seem to have;

Cost option paint
Piano black interior
B&W Diamond audio
Ceramic breaks
Rear entertainment
TV tuner
Apple car play
Folding tow bar
Rear blinds
Night vision
Drivers assistant plus
M drivers pack

It is properly loaded smile

Phil.

4,762 posts

250 months

Sunday 12th May 2019
quotequote all
Turbo cab said:
So in addition to the usual premium and comfort packs most seem to have;

Cost option paint
Piano black interior
B&W Diamond audio
Ceramic breaks
Rear entertainment
TV tuner
Apple car play
Folding tow bar
Rear blinds
Night vision
Drivers assistant plus
M drivers pack

It is properly loaded smile
Certainly is fully loaded smile Only problem is most of the additional cost of the options will be lost quickly in depreciation. Some might pay a bit more for ceramic brakes and the audio, but rest will be lost. I’d be looking for at least a £30k discount on list price.

As for keeping one for several years. Never had a BMW before but mine has brought the fun back in to driving for the first time in years, so I expect I’ll be keeping mine for a while smile

Skrambles

1,310 posts

264 months

Sunday 12th May 2019
quotequote all
Phil. said:
Certainly is fully loaded smile Only problem is most of the additional cost of the options will be lost quickly in depreciation. Some might pay a bit more for ceramic brakes and the audio, but rest will be lost. I’d be looking for at least a £30k discount on list price.

As for keeping one for several years. Never had a BMW before but mine has brought the fun back in to driving for the first time in years, so I expect I’ll be keeping mine for a while smile
The depreciation on the m5 has always been eye-watering. I also wouldn't even consider it without at least £30k off.

I'm hoping the m5 comp is more exciting than the 'plain vanilla' m5 that I drove last week. There was very little engine sound and only the odd, limp wuffle from the exhaust. Also, switching the exhaust on/off made no audible difference. First time I've been unimpressed by an m5. Just need to find a nearby dealership with a comp to test drive.

Phil.

4,762 posts

250 months

Sunday 12th May 2019
quotequote all
Skrambles said:
The depreciation on the m5 has always been eye-watering. I also wouldn't even consider it without at least £30k off.

I'm hoping the m5 comp is more exciting than the 'plain vanilla' m5 that I drove last week. There was very little engine sound and only the odd, limp wuffle from the exhaust. Also, switching the exhaust on/off made no audible difference. First time I've been unimpressed by an m5. Just need to find a nearby dealership with a comp to test drive.
The Comp has the sports exhaust as standard. To get the pop and bangs you need the engine in Sport Plus mode. Having said that it’s nothing like the sound a F-Type V8 makes.

Tea Pot One

Original Poster:

1,847 posts

228 months

Sunday 12th May 2019
quotequote all
Thanks for all the replies. If I get one it would be for min 4 years so depreciation not as bad the longer it's kept.

JMBMWM5

2,283 posts

198 months

Monday 13th May 2019
quotequote all
theboss said:
Would be intrigued to see the spec list for a £123k car!
So would I, that does not sound right.

Turbo cab

1,601 posts

232 months

Monday 13th May 2019
quotequote all
JMBMWM5 said:
o would I, that does not sound right.
Already listed above but as im bored;

M5 Comp Pack £95380
Paint upgrade £1095
Piano Black £495
Comfort Pack £1195
Premium Pack £1995
M Drivers pack £2095
Apple Car Play £235
Sunblinds £410
Tv Function £890
Towbar electrically folding £855
Driving Assistant Plus £1470
Night Vision £1595
Rear Entertainment £1995
B&W Diamond Sound £3090
Ceramic Breaks £7495
OTR £2600

£122980 On the Road smile

MarcelM6

539 posts

106 months

Monday 13th May 2019
quotequote all
Turbo cab said:
Already listed above but as im bored;

M5 Comp Pack £95380
Paint upgrade £1095
Piano Black £495
Comfort Pack £1195
Premium Pack £1995
M Drivers pack £2095
Apple Car Play £235
Sunblinds £410
Tv Function £890
Towbar electrically folding £855
Driving Assistant Plus £1470
Night Vision £1595
Rear Entertainment £1995
B&W Diamond Sound £3090
Ceramic Breaks £7495
OTR £2600

£122980 On the Road smile
A tow bar. On an M5. Oh dear.

Terminator X

15,029 posts

204 months

Monday 13th May 2019
quotequote all
Turbo cab said:
Ceramic breaks
It is brittle tbf wink

TX.

Terminator X

15,029 posts

204 months

Monday 13th May 2019
quotequote all
Skrambles said:
Phil. said:
Certainly is fully loaded smile Only problem is most of the additional cost of the options will be lost quickly in depreciation. Some might pay a bit more for ceramic brakes and the audio, but rest will be lost. I’d be looking for at least a £30k discount on list price.

As for keeping one for several years. Never had a BMW before but mine has brought the fun back in to driving for the first time in years, so I expect I’ll be keeping mine for a while smile
The depreciation on the m5 has always been eye-watering. I also wouldn't even consider it without at least £30k off.

I'm hoping the m5 comp is more exciting than the 'plain vanilla' m5 that I drove last week. There was very little engine sound and only the odd, limp wuffle from the exhaust. Also, switching the exhaust on/off made no audible difference. First time I've been unimpressed by an m5. Just need to find a nearby dealership with a comp to test drive.
Unimpressed by a car that is almost 600hp ... tell us more about your Rocket Scientist day job and Super Model wife.

TX.

theboss

6,909 posts

219 months

Monday 13th May 2019
quotequote all
MarcelM6 said:
A tow bar. On an M5. Oh dear.
Think this is rather cool personally. I’d have to borrow a caravan just for a laugh.

Skrambles

1,310 posts

264 months

Monday 13th May 2019
quotequote all
Terminator X said:
Unimpressed by a car that is almost 600hp ... tell us more about your Rocket Scientist day job and Super Model wife.

TX.
Haha!