BMW M140i

[AMGJocky]

Marvtec said:

Shore said:

Caddyshack said:

Who's paying for it then? Who owns your house?

Your paying for it but don't have much to show when the lease is up.

It's not a lease, keep up at the back.

This. Tool.

[ColinMacC]

Deal is pretty much the same deal as I've been offered at 10 k miles per year.

Have asked for a further discount....see what happens

[Sam.F]

Running costs wise they are great considering the performance on offer, but mpg will depend very much on what sort of driving the car spends most of its time doing, this isn't a car that will "do 30mpg whatever you do with it" unless you do a lot of motorway driving to balance out the "less responsible" stuff!

I certainly find the auto M140i uses less fuel than my previous manual M135i did, about 26.5mpg compared to 22ish... my commute involves a choice of either back roads or A-roads where you can overtake and I have no self control hence the low average!

Bimbling along the motorway at sub-80mph easily yields over 40mpg so I can see that if I was doing more miles and moderating speed then an average of 33-35mpg would seem possible.

[Tuvra]

Limpet said:

I got the following deal last November (car delivered in March)

5dr auto with metallic paint, Harman Kardon (essential!), adaptive suspension, heated seats, privacy glass and Pro Media. Just over £37,500 at list.

£2,000 down
£394 a month
4 year deal with 15,000 miles per annum.

Optional final payment in the low £12ks (can't recall the exact figure).

If I decide to buy it at the end, I will have spent about £33k all in over the four years.

Fantastic car by the way. Highly recommended.

At which point, judging by 2012/2013 M135 prices, it will still be worth £16-18k. Basically the equivalent of a £312.50 per month lease on a 0+48 payment term

I came up against one in my Stage 1 Golf 7R, amazingly, it had the pull on me once we were rolling. Very impressive! I looked at them and got offered a well specced new car for £29k, I just couldn't get my head around the exterior looks so ended up with an RS. IMO The 140 is the best "bang for buck" hot hatch by some distance.

[Joeguard1990]

AMGJocky said:

This. Tool.

Meh. If you have no plan to pay off the balloon payment at the end of the agreement, which most don't, it's still a "lease" in my eyes..

[lord trumpton]

nbetts said:

Sometimes I buy my cars cash - sometimes I PCP/Lease them - I will post my experience with my last two BMW i3's

BMW i3 REX number 1
I bought the first BMW i3 REX in 2014 with options
£37k Retail Price April 2014
£5k off from the government

£32k paid cash

SOLD for £17.5k in September 2016

i3 number 1 cost me = £14.5k

BMW i3 REX number 2
Delivered September 2016
Fully loaded car with bigger battery/range and Leather and sunroof
Retail Price = £43k
£4.5k off from Government
£38.5k OTR
I leased it on a 6 payment deposit plus 24 monthly payment lease plan
Lease payment = £318.52

i3 number 2 will cost me = £9555.60

So 5k cheaper to 'have/own' the better i3 number 2 for me.

Edited by nbetts on Thursday 29th June 15:16

Good example.

Could it be argued though that EV have become more desirable/wanted in the last couple of years and the loss might not be as much for the future?

[HJMS123]

Joeguard1990 said:

Meh. If you have no plan to pay off the balloon payment at the end of the agreement, which most don't, it's still a "lease" in my eyes..

So someone's intentions at the end of their finance agreement determines what sort of finance they have?

[Jonno02]

Joeguard1990 said:

Meh. If you have no plan to pay off the balloon payment at the end of the agreement, which most don't, it's still a "lease" in my eyes..

This. When I changed to PCP from buying my cars, I was scoffed at by those than owned their cars. When I then went to leasing, those on PCP scoffed at me. When I went to leasing, my old line manager, who was PCPing a boggo spec A class for about £320p/m, said to me 'but you don't own the car, you pay all that and then give it back.' I asked her if she had any intention on paying the balloon payment on her A class. "No, we'll just swap it for a new merc come the end of the term." When I said to her, "so you'll never really own it either then?" the cogs started turning.

[ColinMacC]

Sam.F said:

Running costs wise they are great considering the performance on offer, but mpg will depend very much on what sort of driving the car spends most of its time doing, this isn't a car that will "do 30mpg whatever you do with it" unless you do a lot of motorway driving to balance out the "less responsible" stuff!

I certainly find the auto M140i uses less fuel than my previous manual M135i did, about 26.5mpg compared to 22ish... my commute involves a choice of either back roads or A-roads where you can overtake and I have no self control hence the low average!

Bimbling along the motorway at sub-80mph easily yields over 40mpg so I can see that if I was doing more miles and moderating speed then an average of 33-35mpg would seem possible.

Cheers Sam, Very useful. To be fair, my drive to work is 60% m25, 40% back roads with no real option to make fast progress. I'm averaging 54mpg in my 2006 170hp golf, so in my daily commute, i would hope for decent economy. When im in the mood, like after a night shift, i really dont care if I'm getting 20mpg to be honest, as this will not be frequently enough to concern me!!

[Limpet]

I've never had a car which has had such a wide variance in fuel consumption depending on what you are doing with it.

On a long motorway run, sticking to the limits, you can see trip averages comfortably into the 40s without any trouble at all.

This morning I dropped the Mrs into work. It's 10 miles each way, and I took the scenic route back along some nice roads. I averaged 19 mpg.

I'm actually getting 29 mpg average though, but there's a lot of motorway miles in that.

The acceleration and noise are both completely addictive, and the grip and traction in the dry are very impressive. It feels unmistakeably rear-driven, but you have to consciously provoke it to get it to slide about. Most of the time it just squats and goes. It's a very easy car to drive quickly, especially with the auto box.

[S3_Graham]

I use my 140 round the M25, can usually top 40mpg. Mines stuck on 32mpg over the last 20k.

It's a great all rounder.

[FoxtrotOscar1]

If its end of the quarter... get him to snip the monthlies a little. I'm anal so if it were me id be asking for a round number. £300, £310, £320.

[marcella]

I know Peter Vardy were doing a deal the other week 339 deposit 339 a month. Basic spec I think though.

[QuattroDave]

ColinMacC said:

I've been considering an M140i for a while. A few weeks ago, I put together a quote for a 5 door automatic with heated leather. I recieved several offers, and my local dealership has came back to me with a quote of £327 per month based on £4000 down, 10000 miles per year, over 3 years with a service pack, provided I purchase by the end of June.
Couple of questions:
1. Is this a good deal? I've never purchased a car on pcp before, so its all new to me
2. What are the running costs like on these? is 30+ mpg really achievable in everyday m25 commuting?

Any comments or help greatly appreciated

Does this answer your question on running costs:

Easily get 40mpg on my easy run to work. Even with a respectable amount of hoonage my 8500 mile average is 32.3mpg

Go onto babybmw and ask for TRL he'll trounce any deal you've found so far for these.

[Ashf30]

Can you get a m140i xdrive because I see a lot on YouTube but can never find one ? I heard they will be changing all 1 series to front wheel drive ?

[kingswood]

15k for 3 years hassle free motoring - is that what you call a good deal?

its all relevant, is 15k a lot to you?

personally i fall into the own it camp, then a cars an asset and not a libaility.

[cvms]

Ashf30 said:

Can you get a m140i xdrive because I see a lot on YouTube but can never find one ? I heard they will be changing all 1 series to front wheel drive ?

You can't get M140 x-drive in UK, it's to do with the RHD conversion I believe. And yes new 1 series (due next year?) is apparently going to be fwd.