Pre-Registered M4's

[MellowshipSlinky]

Max Maxasson said:

jimmyt1202 said:

I know of a dealer with about half a dozen 19-Registered, delivery mileage, M4 Competition Package Coupes with Ultimate Package that are pre-registered at £47,000. This sounds like tremendous value!?

I suspect these are a set of M4s pre-registered by BMW UK and then sold to dealers through a BMW closed auction or directly from BMW UK.
Bit of a billy bargain for anyone looking for an M4 CP...certainly a car I'd buy if in the market for one.

Would be nice to know where they are - I’ve searched but can’t find much.

[Superlightdaa]

Cooper Sunderland have one still advertised @46,720

[LaurasOtherHalf]

Isn't it just a case of these being discounted to what they're actually worth, rather than some super inflated BMW new price? BMW do the same across the board, does anyone really buy 320ds at £40-odd grand?

Would love to see a finance option on one of these too, bet it isn't as good a deal as it's first made out-unless you're taking the option to pay it off immediately.

[Chestrockwell]

LaurasOtherHalf said:

Isn't it just a case of these being discounted to what they're actually worth, rather than some super inflated BMW new price? BMW do the same across the board, does anyone really buy 320ds at £40-odd grand?

Would love to see a finance option on one of these too, bet it isn't as good a deal as it's first made out-unless you're taking the option to pay it off immediately.

Yep, a guy I follow on Instagram who works for BMW made a post on the new M4 deal, 699 deposit, 699 a month. 8k per annum, 48 months.

£33,500 is a lot of money to pay for a car that you have to give back. There was no mention of interest rates but I’m guessing it’s around 3-5%.

[LaurasOtherHalf]

Chestrockwell said:

LaurasOtherHalf said:

Isn't it just a case of these being discounted to what they're actually worth, rather than some super inflated BMW new price? BMW do the same across the board, does anyone really buy 320ds at £40-odd grand?

Would love to see a finance option on one of these too, bet it isn't as good a deal as it's first made out-unless you're taking the option to pay it off immediately.

Yep, a guy I follow on Instagram who works for BMW made a post on the new M4 deal, 699 deposit, 699 a month. 8k per annum, 48 months.

£33,500 is a lot of money to pay for a car that you have to give back. There was no mention of interest rates but I’m guessing it’s around 3-5%.

And then what's the balloon on that?! If you can afford to cash purchase at that then fair enough I'd say, it really is going to depreciate like a stone in the first 3 years however.

[ComStrike]

Chestrockwell said:

Yep, a guy I follow on Instagram who works for BMW made a post on the new M4 deal, 699 deposit, 699 a month. 8k per annum, 48 months.

£33,500 is a lot of money to pay for a car that you have to give back. There was no mention of interest rates but I’m guessing it’s around 3-5%.

Can you advise me what dealer ?

[Chestrockwell]

ComStrike said:

Chestrockwell said:

Yep, a guy I follow on Instagram who works for BMW made a post on the new M4 deal, 699 deposit, 699 a month. 8k per annum, 48 months.

£33,500 is a lot of money to pay for a car that you have to give back. There was no mention of interest rates but I’m guessing it’s around 3-5%.

Can you advise me what dealer ?

It was at Cooper BMW

[Bam89]

This is the deal TRL is offering on M4 Comp for Q3. Any pre reg cars floating around at £47k would represent a substantial saving on even this, I'm not exactly sure how GFVs work but assuming the below is representative, the £699 + £699 x 47 deal would mean a final payment of around £13k!

M4 Competition Coupe
M-DCT
standard metallic paint and standard leather
Carbon fibre interior dash trims
666M black forged alloys
Sun Protection Glass
ICON LED lights
HK sound
Head Up Display

List Price £70,570 OTR
dealer contribution £16,370
Customer Balance £54,200

Typical customer deposit £5000
Then 47 x £649.25 plus GFV £24,364.05
based on 8000 miles pa
APR 3.9%

[Chestrockwell]

I messaged the guy about the M4 deal asking for specific’s and it’s a base M4 CP, no HK or HUD or anything for that matter. It’s crazy how the options can drive the price up as he said it needs the Ultimate pack ideally and that lumps £250 on the monthlies :O

[Firestick]

Chestrockwell said:

I messaged the guy about the M4 deal asking for specific’s and it’s a base M4 CP, no HK or HUD or anything for that matter. It’s crazy how the options can drive the price up as he said it needs the Ultimate pack ideally and that lumps £250 on the monthlies :O

I've recently bought an M5 on a similar deal - they haggle on the extras too - I paid £1,920 for £7,800 worth of factory options on top of the contributions.

[LaurasOtherHalf]

Absolutely, play hard ball. When they had the 335d offers last year I said I wouldn’t pay extra for something someone else has spec’d.

[survivalist]

Bam89 said:

This is the deal TRL is offering on M4 Comp for Q3. Any pre reg cars floating around at £47k would represent a substantial saving on even this, I'm not exactly sure how GFVs work but assuming the below is representative, the £699 + £699 x 47 deal would mean a final payment of around £13k!

M4 Competition Coupe
M-DCT
standard metallic paint and standard leather
Carbon fibre interior dash trims
666M black forged alloys
Sun Protection Glass
ICON LED lights
HK sound
Head Up Display

List Price £70,570 OTR
dealer contribution £16,370
Customer Balance £54,200

Typical customer deposit £5000
Then 47 x £649.25 plus GFV £24,364.05
based on 8000 miles pa
APR 3.9%

So just shy of £60k if you chose the PCP route for a new one vs 47K for a pre-reg? Doesn't make sense to me. After 4 years both the new and pre-reg are hopefully going to be worth more than 24k, so save 10k and buy the car with a loan. PCP gives you a known cost, but unless you think in 4 years time a M4 will trade for less than 16k there's little risk in the purchase.

[LaurasOtherHalf]

survivalist said:

So just shy of £60k if you chose the PCP route for a new one vs 47K for a pre-reg? Doesn't make sense to me. After 4 years both the new and pre-reg are hopefully going to be worth more than 24k, so save 10k and buy the car with a loan. PCP gives you a known cost, but unless you think in 4 years time a M4 will trade for less than 16k there's little risk in the purchase.

If you are buying on finance however the interest rate will be a lot higher on the pre-reg car as BMW will give you discounted rates on a new car that they can't/won't do on second hand.

[MellowshipSlinky]

LaurasOtherHalf said:

survivalist said:

So just shy of £60k if you chose the PCP route for a new one vs 47K for a pre-reg? Doesn't make sense to me. After 4 years both the new and pre-reg are hopefully going to be worth more than 24k, so save 10k and buy the car with a loan. PCP gives you a known cost, but unless you think in 4 years time a M4 will trade for less than 16k there's little risk in the purchase.

If you are buying on finance however the interest rate will be a lot higher on the pre-reg car as BMW will give you discounted rates on a new car that they can't/won't do on second hand.

Then buy through the likes of Oracle with 5% rates and pcp....

[PorkInsider]

LaurasOtherHalf said:

survivalist said:

So just shy of £60k if you chose the PCP route for a new one vs 47K for a pre-reg? Doesn't make sense to me. After 4 years both the new and pre-reg are hopefully going to be worth more than 24k, so save 10k and buy the car with a loan. PCP gives you a known cost, but unless you think in 4 years time a M4 will trade for less than 16k there's little risk in the purchase.

If you are buying on finance however the interest rate will be a lot higher on the pre-reg car as BMW will give you discounted rates on a new car that they can't/won't do on second hand.

If the car is pre-reg and less than 3 months old, the 'new' APR still applies.

[LaurasOtherHalf]

PorkInsider said:

LaurasOtherHalf said:

survivalist said:

So just shy of £60k if you chose the PCP route for a new one vs 47K for a pre-reg? Doesn't make sense to me. After 4 years both the new and pre-reg are hopefully going to be worth more than 24k, so save 10k and buy the car with a loan. PCP gives you a known cost, but unless you think in 4 years time a M4 will trade for less than 16k there's little risk in the purchase.

If you are buying on finance however the interest rate will be a lot higher on the pre-reg car as BMW will give you discounted rates on a new car that they can't/won't do on second hand.

If the car is pre-reg and less than 3 months old, the 'new' APR still applies.

Interesting, didn’t know that

[PorkInsider]

LaurasOtherHalf said:

PorkInsider said:

LaurasOtherHalf said:

survivalist said:

So just shy of £60k if you chose the PCP route for a new one vs 47K for a pre-reg? Doesn't make sense to me. After 4 years both the new and pre-reg are hopefully going to be worth more than 24k, so save 10k and buy the car with a loan. PCP gives you a known cost, but unless you think in 4 years time a M4 will trade for less than 16k there's little risk in the purchase.

If you are buying on finance however the interest rate will be a lot higher on the pre-reg car as BMW will give you discounted rates on a new car that they can't/won't do on second hand.

If the car is pre-reg and less than 3 months old, the 'new' APR still applies.

Interesting, didn’t know that

Have a sniff around on M3Cutters if you're interested in what's on offer.

Always lots of chat around latest deals and what's available on the pre-reg stock.

[russy01]

Been offered these cars at £48k. 19 plate, delivery miles, comp with reasonable spec (HUD & HK).

Silly cheap.

[Cheib]

Times are indeed grim...Sytner have shut two or three of their dealrships. Birmingham is closing next week

https://www.sytner.co.uk/bmw/dealer-locator/sytner...

[russy01]

Cheib said:

Times are indeed grim...Sytner have shut two or three of their dealrships. Birmingham is closing next week

https://www.sytner.co.uk/bmw/dealer-locator/sytner...

Only a matter of time - these ever growing groups operate on such tiny margins (and borrowed money) it only takes a relatively short downturn in sales for the numbers to swing the wrong way.

I had a look at accounts of some of the big groups in my area and all of their net profits are ca. 1% or less on group turnover of >£500m.

It costs money to fund all these sales geezers sitting on their arse all day. I’ve been looking at new cars recently and even enquired about these cheap M4’s and I’d say approx 50% simply haven’t followed up on the enquiry and I’ve had to chase...

It’s a shame, but what goes up must come down at some point...