Discount on new M5

Discount on new M5

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Discussion

Wills2

22,786 posts

175 months

Wednesday 14th August 2019
quotequote all
Chamon_Lee said:
IMHO people are getting a little carried away here with the discount thing.

Even taking into account the RRP is inflated to some extent, the discounts on offer are sizable and the car available for said amount of money is very fair, People waiting for the next 1-2k extra is a little funny as it means next to nothing on the grand scheme of the cost of the car over 1-3 years.

As mentioned above the availablity of the RS6 won't mean nothing in terms of discounts in fact I would go as far as to say it will put into perspective the amount of bang for buck you are getting with a new M5. RS cars have next to no discount and I am sure will be knocking on 100K+. It's already 20-30k more expensive.

RS6 doesn't keep its money any better in my opinion, it just looks that way as it always more expensive in the used examples than the equivlant bmw but as stated its 20-30k extra to buy anyway.


Edited by Chamon_Lee on Wednesday 14th August 14:59
Well said.

JMBMWM5

2,283 posts

198 months

Wednesday 14th August 2019
quotequote all
Chamon_Lee said:
IMHO people are getting a little carried away here with the discount thing.

Even taking into account the RRP is inflated to some extent, the discounts on offer are sizable and the car available for said amount of money is very fair, People waiting for the next 1-2k extra is a little funny as it means next to nothing on the grand scheme of the cost of the car over 1-3 years.

As mentioned above the availablity of the RS6 won't mean nothing in terms of discounts in fact I would go as far as to say it will put into perspective the amount of bang for buck you are getting with a new M5. RS cars have next to no discount and I am sure will be knocking on 100K+. It's already 20-30k more expensive.

RS6 doesn't keep its money any better in my opinion, it just looks that way as it always more expensive in the used examples than the equivlant bmw but as stated its 20-30k extra to buy anyway.


Edited by Chamon_Lee on Wednesday 14th August 14:59
You make a lot of sense, AUDI don't discount, to there loss.
No way would I pay 100K for an RS^ that's slower than the cheaper better equipped (in my eyes) M5.

Phil.

4,762 posts

250 months

Wednesday 14th August 2019
quotequote all
Chamon_Lee said:
IMHO people are getting a little carried away here with the discount thing.

Even taking into account the RRP is inflated to some extent, the discounts on offer are sizable and the car available for said amount of money is very fair, People waiting for the next 1-2k extra is a little funny as it means next to nothing on the grand scheme of the cost of the car over 1-3 years.

As mentioned above the availablity of the RS6 won't mean nothing in terms of discounts in fact I would go as far as to say it will put into perspective the amount of bang for buck you are getting with a new M5. RS cars have next to no discount and I am sure will be knocking on 100K+. It's already 20-30k more expensive.

RS6 doesn't keep its money any better in my opinion, it just looks that way as it always more expensive in the used examples than the equivlant bmw but as stated its 20-30k extra to buy anyway.

Edited by Chamon_Lee on Wednesday 14th August 14:59
Agreed. If you want a M5 Comp there is one out there for you. In terms of spec and price this one is a beauty:

https://www.autotrader.co.uk/classified/advert/201...


Blue62

8,846 posts

152 months

Thursday 15th August 2019
quotequote all
Chamon_Lee said:
IMHO people are getting a little carried away here with the discount thing.

Even taking into account the RRP is inflated to some extent, the discounts on offer are sizable and the car available for said amount of money is very fair, People waiting for the next 1-2k extra is a little funny as it means next to nothing on the grand scheme of the cost of the car over 1-3 years.

As mentioned above the availablity of the RS6 won't mean nothing in terms of discounts in fact I would go as far as to say it will put into perspective the amount of bang for buck you are getting with a new M5. RS cars have next to no discount and I am sure will be knocking on 100K+. It's already 20-30k more expensive.

RS6 doesn't keep its money any better in my opinion, it just looks that way as it always more expensive in the used examples than the equivlant bmw but as stated its 20-30k extra to buy anyway.


Edited by Chamon_Lee on Wednesday 14th August 14:59
I have to take issue with your assertion about Audi discounts, I have owned an RS6 PE for the last couple of years and can assure you that I got a healthy discount, it was a similar story with an RS4 before that. As I won't need an estate car any longer I have started looking beyond RS Audi's and I'm staggered at some of the deals just now (£25k off an S63), maybe it will all change after the Brexit deadline but it seems there are some big discounts out there.

Burwood

18,709 posts

246 months

Thursday 15th August 2019
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Sure but an s63 lists at 125k. I was offered a my20 S400 for 53k 3 weeks ago. Good deal but not into diesels.

DB77

207 posts

147 months

Friday 16th August 2019
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Blue62 said:
I have to take issue with your assertion about Audi discounts, I have owned an RS6 PE for the last couple of years and can assure you that I got a healthy discount, it was a similar story with an RS4 before that. As I won't need an estate car any longer I have started looking beyond RS Audi's and I'm staggered at some of the deals just now (£25k off an S63), maybe it will all change after the Brexit deadline but it seems there are some big discounts out there.
Completely agree about discounts on RS6s - I bought a brand new facelift one in 2015 (one of the first facelift cars) and got a significant discount. I was then considering an R8 and was offered very large discounts on a new model. Audi discount just as much as the other marques in my experience.

anonymous-user

54 months

Friday 16th August 2019
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This is a great deal and I cant see it getting much cheaper as they have to distance it and the new m3

Burwood

18,709 posts

246 months

Friday 16th August 2019
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euphoricmess said:
This is a great deal and I cant see it getting much cheaper as they have to distance it and the new m3
I’m not sure there is much overlap and if you look at the F10 they offered great deals on them via PCP then added 0%, then threw in some cheap lease deals. I recall 499+vat on a 6+23.

The `G80 will be a 70k-75k car. Agreed one would be scratching their head at the price parity. But I can’t see the M5 having much support removed. They won’t sell.


Thepaperboy

34 posts

107 months

Friday 16th August 2019
quotequote all
Burwood said:
I’m not sure there is much overlap and if you look at the F10 they offered great deals on them via PCP then added 0%, then threw in some cheap lease deals. I recall 499+vat on a 6+23.

The `G80 will be a 70k-75k car. Agreed one would be scratching their head at the price parity. But I can’t see the M5 having much support removed. They won’t sell.
I have just ordered my M5 and the price I paid is more or less the same I paid for my F10 4 years ago and the payments/deposit are also the same!

With the F10 I had 0 % finance and about 13k discount this time it was 3.9% but 28k discount and the payments come out identical as the residual on the new M5 is higher so I am pleased to get a new higher speced car for the same payments.

Burwood

18,709 posts

246 months

Friday 16th August 2019
quotequote all
Thepaperboy said:
Burwood said:
I’m not sure there is much overlap and if you look at the F10 they offered great deals on them via PCP then added 0%, then threw in some cheap lease deals. I recall 499+vat on a 6+23.

The `G80 will be a 70k-75k car. Agreed one would be scratching their head at the price parity. But I can’t see the M5 having much support removed. They won’t sell.
I have just ordered my M5 and the price I paid is more or less the same I paid for my F10 4 years ago and the payments/deposit are also the same!

With the F10 I had 0 % finance and about 13k discount this time it was 3.9% but 28k discount and the payments come out identical as the residual on the new M5 is higher so I am pleased to get a new higher speced car for the same payments.
Was that a Comp M5? Do you mind posting the numbers.TIA

Thepaperboy

34 posts

107 months

Friday 16th August 2019
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Burwood said:
Was that a Comp M5? Do you mind posting the numbers.TIA
No Standard car, just felt the Comp M5 suspension was too hard for me and I know I couldn't put up with long term and also Comp is not being supported as much so would cost approx 15k more and was a step to far for me.

Numbers are 67k, 2.5k down £766 month £35,701 final payment 48 months.New into build first week of Sept but will need to be registered by end of Sept.

Burwood

18,709 posts

246 months

Friday 16th August 2019
quotequote all
Thepaperboy said:
Burwood said:
Was that a Comp M5? Do you mind posting the numbers.TIA
No Standard car, just felt the Comp M5 suspension was too hard for me and I know I couldn't put up with long term and also Comp is not being supported as much so would cost approx 15k more and was a step to far for me.

Numbers are 67k, 2.5k down £766 month £35,701 final payment 48 months.New into build first week of Sept but will need to be registered by end of Sept.
It's hard to imagine a much better deal.
If and it's a big if they offered 0% with the same contribution it would be £600/m. Just adding that for comparison. You've got a good deal there. Enjoy

Thepaperboy

34 posts

107 months

Friday 16th August 2019
quotequote all
Burwood said:
It's hard to imagine a much better deal.
If and it's a big if they offered 0% with the same contribution it would be £600/m. Just adding that for comparison. You've got a good deal there. Enjoy
I think I could pushed for a better deal but they gave me a very good price for my M6 Gran coupe and the dealer does need to make some profit.

Regarding the 0%, from memory when they gave the 0% BMW took away the additional support and I don't think you will get 28k off and 0% in the future but I do think BMW will bring the 0% deals

Burwood

18,709 posts

246 months

Friday 16th August 2019
quotequote all
Thepaperboy said:
Burwood said:
It's hard to imagine a much better deal.
If and it's a big if they offered 0% with the same contribution it would be £600/m. Just adding that for comparison. You've got a good deal there. Enjoy
I think I could pushed for a better deal but they gave me a very good price for my M6 Gran coupe and the dealer does need to make some profit.

Regarding the 0%, from memory when they gave the 0% BMW took away the additional support and I don't think you will get 28k off and 0% in the future but I do think BMW will bring the 0% deals
Absolutely hear what you're saying-certainly not suggesting you missed out-great deal there.

garystoybox

776 posts

117 months

Friday 16th August 2019
quotequote all
Thepaperboy said:
Burwood said:
Was that a Comp M5? Do you mind posting the numbers.TIA
No Standard car, just felt the Comp M5 suspension was too hard for me and I know I couldn't put up with long term and also Comp is not being supported as much so would cost approx 15k more and was a step to far for me.

Numbers are 67k, 2.5k down £766 month £35,701 final payment 48 months.New into build first week of Sept but will need to be registered by end of Sept.
Congrats on the new car, always nice to get a factory build to spec and a good deal. Surprised your dealer has got confirmed built date for 1st week September so quick. My M5 Comp was ordered almost 3 weeks ago and after much pushing from the group to BMW, finally got a built slot yesterday, but only for mid Sept and expected delivery early October. I think the factory is in shutdown until w/c 26th so yours will be one of the first cars with the updated os 7, etc. Hopefully mine gets pulled forward a little so can enjoy before the winter wheels go on!

Thepaperboy

34 posts

107 months

Friday 16th August 2019
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garystoybox said:
Congrats on the new car, always nice to get a factory build to spec and a good deal. Surprised your dealer has got confirmed built date for 1st week September so quick. My M5 Comp was ordered almost 3 weeks ago and after much pushing from the group to BMW, finally got a built slot yesterday, but only for mid Sept and expected delivery early October. I think the factory is in shutdown until w/c 26th so yours will be one of the first cars with the updated os 7, etc. Hopefully mine gets pulled forward a little so can enjoy before the winter wheels go on!
I had actually agreed to buy a in stock car (on Saturday)but when they went to reserve it it had already been sold and it was the only 1 left in the colour combination I wanted.

So when they rang me on Monday afternoon to let me know the situation and told me they had managed to get a slot that was already reserved and could still be specced at the same price I has very pleased and told me they had to pull a few strings with BMW to secure this car.

Blue62

8,846 posts

152 months

Friday 16th August 2019
quotequote all
Burwood said:
Sure but an s63 lists at 125k. I was offered a my20 S400 for 53k 3 weeks ago. Good deal but not into diesels.
Regardless, it's still over 20% which is pretty good for a car that is in short supply. I will be fascinated to see what happens to car prices post Brexit (if it happens), especially at the higher end of the market.

anonymous-user

54 months

Friday 16th August 2019
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Blue62 said:
Regardless, it's still over 20% which is pretty good for a car that is in short supply. I will be fascinated to see what happens to car prices post Brexit (if it happens), especially at the higher end of the market.
I'd imagine they are dialing down production on the higher end stuff as lowering those prices lowers the whole market.

Terminator X

15,043 posts

204 months

Friday 16th August 2019
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DB77 said:
Blue62 said:
I have to take issue with your assertion about Audi discounts, I have owned an RS6 PE for the last couple of years and can assure you that I got a healthy discount, it was a similar story with an RS4 before that. As I won't need an estate car any longer I have started looking beyond RS Audi's and I'm staggered at some of the deals just now (£25k off an S63), maybe it will all change after the Brexit deadline but it seems there are some big discounts out there.
Completely agree about discounts on RS6s - I bought a brand new facelift one in 2015 (one of the first facelift cars) and got a significant discount. I was then considering an R8 and was offered very large discounts on a new model. Audi discount just as much as the other marques in my experience.
£25-30k though as talked about here? If not it can't compete with the M5 then as the price bracket (what is actually paid vs RRP) is so different. In my experience with RS3 and RS4 admittedly there is almost fk all discount.

TX.

Blue62

8,846 posts

152 months

Friday 16th August 2019
quotequote all
Terminator X said:
£25-30k though as talked about here? If not it can't compete with the M5 then as the price bracket (what is actually paid vs RRP) is so different. In my experience with RS3 and RS4 admittedly there is almost fk all discount.

TX.
I guess it all depends on what you regard as 'f**k all' but I'm pretty sure I achieved 15% on my B8 RS4 a few years ago. I didn't realise that people were getting £25-30k off a new M5 though, that's got to be over 30% which seems one hell of a deal.