RE: BMW M4 CS | Spotted
Discussion
bilo999 said:
Amazing - almost £35k off for a two year old M4, that is almost unused !
Where as, a few weeks ago a three year old Giulia QF with 45k miles on the clock was for sale, for about £32k, having lost about £30k from new and it was implied that Alfa's depreciate !!!! and are still unreliable ....... surprised that the article didn't say they rust as well!
This BMW is great value motoring, just the heavy depreciation to contend with, and possible unreliability ......but when you get overtaken by the Giulia, will you be so happy?
Where as, a few weeks ago a three year old Giulia QF with 45k miles on the clock was for sale, for about £32k, having lost about £30k from new and it was implied that Alfa's depreciate !!!! and are still unreliable ....... surprised that the article didn't say they rust as well!
This BMW is great value motoring, just the heavy depreciation to contend with, and possible unreliability ......but when you get overtaken by the Giulia, will you be so happy?
Edited by bilo999 on Monday 27th January 12:14
Court_S said:
Terminator X said:
M3CS looks better imho and in that glorious grey color. I am still keeping my eye out for further price drops as a lot of them seem to sit in the dealers for ages ...
TX.
Agree that the M3 looks better, especially from the rear end. TX.
SAN Merino Blue is awesome though and one of the best colours available for modern BMW’s.
If anyone did pay anywhere near list they’ve taken one hell of a hit, but I’m guessing the original owner didn’t given that the demand for these was small until the discounts arrived.
Edited by urquattroGus on Monday 27th January 21:11
TyrannosauRoss Lex said:
bilo999 said:
Amazing - almost £35k off for a two year old M4, that is almost unused !
Where as, a few weeks ago a three year old Giulia QF with 45k miles on the clock was for sale, for about £32k, having lost about £30k from new and it was implied that Alfa's depreciate !!!! and are still unreliable ....... surprised that the article didn't say they rust as well!
This BMW is great value motoring, just the heavy depreciation to contend with, and possible unreliability ......but when you get overtaken by the Giulia, will you be so happy?
But it isn't depreciating worse than any of the others. You're just asssuming the original owner paid £89k for this, which they almost certainly didn't.Where as, a few weeks ago a three year old Giulia QF with 45k miles on the clock was for sale, for about £32k, having lost about £30k from new and it was implied that Alfa's depreciate !!!! and are still unreliable ....... surprised that the article didn't say they rust as well!
This BMW is great value motoring, just the heavy depreciation to contend with, and possible unreliability ......but when you get overtaken by the Giulia, will you be so happy?
Edited by bilo999 on Monday 27th January 12:14
Roma101 said:
TyrannosauRoss Lex said:
bilo999 said:
Amazing - almost £35k off for a two year old M4, that is almost unused !
Where as, a few weeks ago a three year old Giulia QF with 45k miles on the clock was for sale, for about £32k, having lost about £30k from new and it was implied that Alfa's depreciate !!!! and are still unreliable ....... surprised that the article didn't say they rust as well!
This BMW is great value motoring, just the heavy depreciation to contend with, and possible unreliability ......but when you get overtaken by the Giulia, will you be so happy?
But it isn't depreciating worse than any of the others. You're just asssuming the original owner paid £89k for this, which they almost certainly didn't.Where as, a few weeks ago a three year old Giulia QF with 45k miles on the clock was for sale, for about £32k, having lost about £30k from new and it was implied that Alfa's depreciate !!!! and are still unreliable ....... surprised that the article didn't say they rust as well!
This BMW is great value motoring, just the heavy depreciation to contend with, and possible unreliability ......but when you get overtaken by the Giulia, will you be so happy?
Edited by bilo999 on Monday 27th January 12:14
Ares said:
How do you define success for a car manufacturer? New car sales or kudos from internet forum beards?
True but the discounts on some of their brand new models (especially M) have been pretty ridiculous recently, i.e releasing at strictly list to cash in on release only to support a 15-20% discount 6 months later. Whilst great for potential buyers who happen to purchase at the time of the discount it really puts a downer on customers who have were loyal and queued up. Admittedly if you wait long enough everything comes down in price, but their timings have been terrible and it wreaks of desperation.
Lets say you've just a bought a lovely new car promoted at "deal of the century" with 25% off list and appears to be valid, you probably think you are doing alright. Until the same cars at the same dealers are discounted further to 40% off list just another 3 months down the line!
Ive not completely lucked out with my purchase as I purchased used, thus saved a lot of depreciation to begin with. However the constant promotions have seriously put me off and have completely changed my view of purchasing any new motor from BMW again unless they are significantly discounted - especially M models.
IMO they are simply devaluing their product, both new and for used owners. I would have been much better off putting my money into a C63....
I got my M4CS brand new Unreg almost 16 months ago now, paid £82k, which at the time was £18,200 off list price. I also got 0% Apr, which seemed an incredible deal at the time.
I could get the same car 16 months later, for £30k less, albeit without ceramic brakes.
However I can’t say too much as I’ve loved every single mile, and I knew what I was paying per month when I signed up, and what it was expected to be worth after 48 months.
It’s my 3rd F8x after 2 M3’s and the comp pack was the biggest disappointment of them. I’d rather have my 2015 original m3 back first. That was a great car, the fact that it was scary made it fun.
I could get the same car 16 months later, for £30k less, albeit without ceramic brakes.
However I can’t say too much as I’ve loved every single mile, and I knew what I was paying per month when I signed up, and what it was expected to be worth after 48 months.
It’s my 3rd F8x after 2 M3’s and the comp pack was the biggest disappointment of them. I’d rather have my 2015 original m3 back first. That was a great car, the fact that it was scary made it fun.
nickfrog said:
rbozza said:
No one pays cash for these cars, always done on finance and based on what seems affordable out of disposable income. Mega depreciation is irrelevant to the first owner as it’s already been accepted by the monthly contribution.
No one at all? 
t with money most people are. The vast majority of people who finance cars like this are actually crippling themselves financially without even realising it. £700 a month out of perhaps £3000 monthly income plus deposit and at the end you have nothing...is one of the most incredible stupid decisions one can make. But alas, I won't go on about it. I just don't understand the mentality. If that is your income then you should be buying your dream car that you will keep for 7-10 years. These cars are all amazing enough that you should want to do that. (I have no idea if those figures are anywhere near correct for one of these but I know people pay that % of their income on cars they won't own)But the average person isn't buying for their own pleasure of course...just to impress the neighbours.
Edited by llcoolmac on Monday 27th January 21:09
Edited by llcoolmac on Monday 27th January 21:10
llcoolmac said:
nickfrog said:
rbozza said:
No one pays cash for these cars, always done on finance and based on what seems affordable out of disposable income. Mega depreciation is irrelevant to the first owner as it’s already been accepted by the monthly contribution.
No one at all? t with money most people are. The vast majority of people who finance cars like this are actually crippling themselves financially without even realising it. £700 a month out of perhaps £3000 monthly income plus deposit and at the end you have nothing...is one of the most incredible stupid decisions one can make. But alas, I won't go on about it. I just don't understand the mentality. If that is your income then you should be buying your dream car that you will keep for 7-10 years. These cars are all amazing enough that you should want to do that. (I have no idea if those figures are anywhere near correct for one of these but I know people pay that % of their income on cars they won't own)But the average person isn't buying for their own pleasure of course...just to impress the neighbours.
Edited by llcoolmac on Monday 27th January 21:09
Edited by llcoolmac on Monday 27th January 21:10
How someone spends their money is up to them. Yes, it's £700/month or whatever. But some people spend £150 on stuff like Sky movies and Sky Sports, which may be a waste of money to someone else and they haven't got anything left at the end of their Sky Sports contract....
People are so judgemental when it comes to PCP/PCH on here it's utterly crazy. Pray tell, what car do you drive?
llcoolmac said:
I must say it's amazing how st with money most people are. The vast majority of people who finance cars like this are actually crippling themselves financially without even realising it. £700 a month out of perhaps £3000 monthly income plus deposit and at the end you have nothing...is one of the most incredible stupid decisions one can make. But alas, I won't go on about it. I just don't understand the mentality. If that is your income then you should be buying your dream car that you will keep for 7-10 years. These cars are all amazing enough that you should want to do that. (I have no idea if those figures are anywhere near correct for one of these but I know people pay that % of their income on cars they won't own)
But the average person isn't buying for their own pleasure of course...just to impress the neighbours.
How do you know it’s just to impress a neighbour? Shock horror, but they might actually like the damn car. As for how they pay for it, I fail to see why people get so worked up about it. If you don’t have £80k (when new / discounted) but can afford a grand a month, who cares? t with money most people are. The vast majority of people who finance cars like this are actually crippling themselves financially without even realising it. £700 a month out of perhaps £3000 monthly income plus deposit and at the end you have nothing...is one of the most incredible stupid decisions one can make. But alas, I won't go on about it. I just don't understand the mentality. If that is your income then you should be buying your dream car that you will keep for 7-10 years. These cars are all amazing enough that you should want to do that. (I have no idea if those figures are anywhere near correct for one of these but I know people pay that % of their income on cars they won't own)But the average person isn't buying for their own pleasure of course...just to impress the neighbours.
Edited by llcoolmac on Monday 27th January 21:09
Edited by llcoolmac on Monday 27th January 21:10
TyrannosauRoss Lex said:
llcoolmac said:
nickfrog said:
rbozza said:
No one pays cash for these cars, always done on finance and based on what seems affordable out of disposable income. Mega depreciation is irrelevant to the first owner as it’s already been accepted by the monthly contribution.
No one at all? t with money most people are. The vast majority of people who finance cars like this are actually crippling themselves financially without even realising it. £700 a month out of perhaps £3000 monthly income plus deposit and at the end you have nothing...is one of the most incredible stupid decisions one can make. But alas, I won't go on about it. I just don't understand the mentality. If that is your income then you should be buying your dream car that you will keep for 7-10 years. These cars are all amazing enough that you should want to do that. (I have no idea if those figures are anywhere near correct for one of these but I know people pay that % of their income on cars they won't own)But the average person isn't buying for their own pleasure of course...just to impress the neighbours.
Edited by llcoolmac on Monday 27th January 21:09
Edited by llcoolmac on Monday 27th January 21:10
How someone spends their money is up to them. Yes, it's £700/month or whatever. But some people spend £150 on stuff like Sky movies and Sky Sports, which may be a waste of money to someone else and they haven't got anything left at the end of their Sky Sports contract....
People are so judgemental when it comes to PCP/PCH on here it's utterly crazy. Pray tell, what car do you drive?
t when you are spending the same amount on a car that you won't even own.The traditional logic about buying a new car was that you would take a depreciation hit in the first three years but would then level out and you would have relatively hassle free motoring for the next 5-10 years. Now it seems to be "well I can just keep paying depreciation endlessly because I get a nice shiny toy every 2-3 years". People are judgemental about it because it is one of the financial world's greatest tricks and a sure sign of not thinking clearly. If your income is high and you get low APR then fine but the vast majority of people aren't earning enough for these to be anything other than a case of spending money you can't afford.
nickfrog said:
No one at all?
Ok- the small minority pays cash. The concept of owning a car for 7-10 years is also alien to those taking out finance. Have a monthly budget and replace once the 3 year warranty is up.The dealers have far more margin on the finance.
I’m not one of those people but many are. I’d rather buy a car cash from the likes of a Porsche main dealer that offer the 2 year warranty.
rbozza said:
Ok- the small minority pays cash. The concept of owning a car for 7-10 years is also alien to those taking out finance. Have a monthly budget and replace once the 3 year warranty is up.
The dealers have far more margin on the finance.
I’m not one of those people but many are. I’d rather buy a car cash from the likes of a Porsche main dealer that offer the 2 year warranty.
The dealers have far more margin on the finance.
I’m not one of those people but many are. I’d rather buy a car cash from the likes of a Porsche main dealer that offer the 2 year warranty.
- that’s 4/5 years old and taken a decent hit on depreciation.
llcoolmac said:
nickfrog said:
rbozza said:
No one pays cash for these cars, always done on finance and based on what seems affordable out of disposable income. Mega depreciation is irrelevant to the first owner as it’s already been accepted by the monthly contribution.
No one at all? t with money most people are. The vast majority of people who finance cars like this are actually crippling themselves financially without even realising it. £700 a month out of perhaps £3000 monthly income plus deposit and at the end you have nothing...is one of the most incredible stupid decisions one can make. But alas, I won't go on about it. I just don't understand the mentality. If that is your income then you should be buying your dream car that you will keep for 7-10 years. These cars are all amazing enough that you should want to do that. (I have no idea if those figures are anywhere near correct for one of these but I know people pay that % of their income on cars they won't own)But the average person isn't buying for their own pleasure of course...just to impress the neighbours.
Edited by llcoolmac on Monday 27th January 21:09
Edited by llcoolmac on Monday 27th January 21:10
Gassing Station | General Gassing | Top of Page | What's New | My Stuff