M340i

Author
Discussion

philmots

4,631 posts

261 months

Monday 2nd January 2023
quotequote all
jojo92 said:
Hi, found a deal for m340d brand new 47.5k, I believe list price is 58k, is this a good deal in the current climate? Seems too good to be true? It’s on a PCP. GFV is 23k after 4 years, apr 6.9% at 10k miles a year. No extra stuff though. What are people’s thoughts? Tempted to say go for it, as I’ll likely have to switch to electric after the term, and want my fun with an ICE car :/
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.

jojo92

9 posts

16 months

Monday 2nd January 2023
quotequote all
philmots said:
jojo92 said:
Hi, found a deal for m340d brand new 47.5k, I believe list price is 58k, is this a good deal in the current climate? Seems too good to be true? It’s on a PCP. GFV is 23k after 4 years, apr 6.9% at 10k miles a year. No extra stuff though. What are people’s thoughts? Tempted to say go for it, as I’ll likely have to switch to electric after the term, and want my fun with an ICE car :/
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.
They’ve taken it off autotrader as I’ve reserved it. Only thing is I’m thinking about the residual values of diesel cars in 4 years time given the hate they’re getting….

DoubleSix

11,715 posts

177 months

Monday 2nd January 2023
quotequote all
philmots said:
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.
If you’re happy with a diesel!!!

Not exactly a joyful way of seeing out ICE imho

JNW1

7,797 posts

195 months

Monday 2nd January 2023
quotequote all
jojo92 said:
philmots said:
jojo92 said:
Hi, found a deal for m340d brand new 47.5k, I believe list price is 58k, is this a good deal in the current climate? Seems too good to be true? It’s on a PCP. GFV is 23k after 4 years, apr 6.9% at 10k miles a year. No extra stuff though. What are people’s thoughts? Tempted to say go for it, as I’ll likely have to switch to electric after the term, and want my fun with an ICE car :/
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.
They’ve taken it off autotrader as I’ve reserved it. Only thing is I’m thinking about the residual values of diesel cars in 4 years time given the hate they’re getting….
An 18% discount in the current market sounds good to me so if you're happy with the colour and spec I'd say go for it! And if you're doing a PCP you're not taking a risk with the residual value - should there be a problem after 4 years it will be one for BMW Financial Services, not you!

bad company

18,617 posts

267 months

Monday 2nd January 2023
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Looks like there’s some decent discounts available although I’d want the x-drive petrol. What lead times are being quoted please?

JNW1

7,797 posts

195 months

Monday 2nd January 2023
quotequote all
DoubleSix said:
philmots said:
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.
If you’re happy with a diesel!!!

Not exactly a joyful way of seeing out ICE imho
Personally I'd go petrol for 10k miles/annum (and did!) but to be fair the engine in the M340d is excellent; good as the M340i is I think I'd take the diesel if I was a high mileage driver doing lots of motorway/dual carriageway work. But some people just prefer the power delivery of the diesel regardless so perhaps this chap's one of them?

philmots

4,631 posts

261 months

Monday 2nd January 2023
quotequote all
jojo92 said:
philmots said:
jojo92 said:
Hi, found a deal for m340d brand new 47.5k, I believe list price is 58k, is this a good deal in the current climate? Seems too good to be true? It’s on a PCP. GFV is 23k after 4 years, apr 6.9% at 10k miles a year. No extra stuff though. What are people’s thoughts? Tempted to say go for it, as I’ll likely have to switch to electric after the term, and want my fun with an ICE car :/
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.
They’ve taken it off autotrader as I’ve reserved it. Only thing is I’m thinking about the residual values of diesel cars in 4 years time given the hate they’re getting….
Is it an LCI car or did you get a pic/screenshot?

jojo92

9 posts

16 months

Monday 2nd January 2023
quotequote all
philmots said:
jojo92 said:
philmots said:
jojo92 said:
Hi, found a deal for m340d brand new 47.5k, I believe list price is 58k, is this a good deal in the current climate? Seems too good to be true? It’s on a PCP. GFV is 23k after 4 years, apr 6.9% at 10k miles a year. No extra stuff though. What are people’s thoughts? Tempted to say go for it, as I’ll likely have to switch to electric after the term, and want my fun with an ICE car :/
Got a link to the car?

If it’s an LCI then it’s a real good deal, if you’re happy with a base car.
They’ve taken it off autotrader as I’ve reserved it. Only thing is I’m thinking about the residual values of diesel cars in 4 years time given the hate they’re getting….
Is it an LCI car or did you get a pic/screenshot?
LCI

rassi

2,453 posts

252 months

Monday 2nd January 2023
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Incredible deal, bite his hand off. A 340d is 70K euro in Belgium

westtra

1,534 posts

202 months

Monday 2nd January 2023
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Just to confirm my suspicions do I need to get adapter for my trolley jack to jack up a 2021 m340i as theres no central jack points?

Sofa

429 posts

93 months

Monday 2nd January 2023
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JNW1 said:
DoubleSix said:
If you’re happy with a diesel!!!

Not exactly a joyful way of seeing out ICE imho
Personally I'd go petrol for 10k miles/annum (and did!) but to be fair the engine in the M340d is excellent; good as the M340i is I think I'd take the diesel if I was a high mileage driver doing lots of motorway/dual carriageway work. But some people just prefer the power delivery of the diesel regardless so perhaps this chap's one of them?
Agreed, I've driven both a fair bit (sadly only as hire cars- both are well out my price range) and while I'd always go petrol if I can, I don't think I'd feel short-changed if circumstances put me in the diesel. It's a far more refined and enjoyable unit than most petrol engines I've personally used, and in some ways the power delivery is more impressive than the M340i- the way it can pull in 8th from almost idle on the motorway without even needing to change down or feel at all laboured is a great party trick.

All that said, unless jojo92 does genuinely prefer a diesel I'd suggest they do look into the petrol. Although I suspect there's better deals on the diesel as I'd imagine they're shifting a lot less than they used to...

VerySideways

10,238 posts

273 months

Tuesday 3rd January 2023
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westtra said:
Just to confirm my suspicions do I need to get adapter for my trolley jack to jack up a 2021 m340i as theres no central jack points?
Yup, worth getting a jacking puck. Has an oblong bit that slots straight into the BMW plastic jacking points in the sills, and a round pad for your jack.

Search "BMW jack pad" on Amazon or google, there are tons of them.

westtra

1,534 posts

202 months

Tuesday 3rd January 2023
quotequote all
VerySideways said:
Yup, worth getting a jacking puck. Has an oblong bit that slots straight into the BMW plastic jacking points in the sills, and a round pad for your jack.

Search "BMW jack pad" on Amazon or google, there are tons of them.
Yep already been looking. Are they all the same on each model or is there different ones?

VerySideways

10,238 posts

273 months

Tuesday 3rd January 2023
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westtra said:
Yep already been looking. Are they all the same on each model or is there different ones?
Same for the last 20+ years

westtra

1,534 posts

202 months

Tuesday 3rd January 2023
quotequote all
VerySideways said:
Same for the last 20+ years
Thanks.

jojo92

9 posts

16 months

Tuesday 3rd January 2023
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Thanks for the advice about the diesel. I do max 12k miles a year so might consider the 340i now instead. Will getting a base spec significantly reduce resale values? I’m personally not too fussed about the comfort pack, tech pack etc as currently drive a banger! I can see new LCI base spec 340i ex demos for 45k region, sounds decent?

DoubleSix

11,715 posts

177 months

Tuesday 3rd January 2023
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For 12k miles a year you’d be mad not to go petrol imo - good decision.

JNW1

7,797 posts

195 months

Tuesday 3rd January 2023
quotequote all
jojo92 said:
Thanks for the advice about the diesel. I do max 12k miles a year so might consider the 340i now instead. Will getting a base spec significantly reduce resale values? I’m personally not too fussed about the comfort pack, tech pack etc as currently drive a banger! I can see new LCI base spec 340i ex demos for 45k region, sounds decent?
My advice is drive both and see which you prefer. For me the attraction of the diesel is mainly the better range but that probably matters less when you're doing a relatively low mileage; however, some just prefer the torquey delivery of the diesel and would take it over the petrol regardless of the mileage they're doing. IMO there's not really a right answer on that, it's all down to personal preference; I moved from an F31 335d to a G21 M340i - and don't regret my choice one bit - but I still have huge respect for the diesel and can certainly see how in some circumstances it's a more sensible choice!


DoubleSix

11,715 posts

177 months

Tuesday 3rd January 2023
quotequote all
I’ve never met a committed ‘car person‘ that would opt for diesel over petrol given the choice.

I admit, I am a bit extreme (in that I’d sooner walk than drive a diesel) but still, it’s no contest really.

JNW1

7,797 posts

195 months

Tuesday 3rd January 2023
quotequote all
DoubleSix said:
I’ve never met a committed ‘car person‘ that would opt for diesel over petrol given the choice.

I admit, I am a bit extreme (in that I’d sooner walk than drive a diesel) but still, it’s no contest really.
I know what you mean but I do think there's an element of horses for courses in this. Generally I much prefer to sit behind a petrol and the B58 is (IMO) an excellent example of the breed; however, BMW's 6-pot diesels are also very good and if you do high miles with lots of motorway and dual carriageway running I think there's a lot to be said for them. In terms of refinement there's really not a lot of difference between the two when you're cruising around the legal limit and the diesel will actually regain speed more effortlessly if you're baulked - the petrol will sometimes drop a gear only to change up again a couple of seconds later whereas the diesel just pulls without needing to change down. And in that sort of running you're probably getting another 100 miles or more from a tank with an M340d (which IMO starts to matter when you're doing a lot of miles).

So yes, as a petrolhead I'd agree the M340i is nicer but that certainly doesn't mean I'd dismiss the M340d - deciding between the two is a very nice problem to have!