M340i

Author
Discussion

BlueEyedBoy

1,918 posts

196 months

Friday 20th December 2019
quotequote all
Had ours a week now. I think it's awesome. Build quality feels similar to my old M5 and has the Jecklyn and Hyde cruiser and sports car feel when you click the thing into sport +. It's bloody quick too, not as brutal as the M5 but can't be that far off it.

bad company

18,540 posts

266 months

Friday 20th December 2019
quotequote all
gizlaroc said:
bad company said:
Ordered today for delivery March/April.

https://configure.bmw.co.uk/en_GB/configid/h3j8q1i...

I was sceptical about the colour until I saw ‘Sunset Orange’ in the flesh.
I think I would have gone with the matt black alloys....




Not sure.

If I ordered a Touring I think I would pay extra for an individual paint, either a deep dark red or green.
Yes I like the black wheels but I’ve ticked more than enough extra cost options.

Bam89

632 posts

101 months

Friday 20th December 2019
quotequote all
bad company said:
Yes I like the black wheels but I’ve ticked more than enough extra cost options.
Do you mind me asking what deal you got? Your spec looks pretty good to me, although I wouldn't have the Sunset Orange

gizlaroc

17,251 posts

224 months

Friday 20th December 2019
quotequote all
bad company said:
Yes I like the black wheels but I’ve ticked more than enough extra cost options.
Oh yeah, it adds black mirror caps, black exhaust, tinted windows and maybe other bits as well.




ClubsportStr

371 posts

75 months

Thursday 2nd January 2020
quotequote all
When are the prices of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?

HM-2

12,467 posts

169 months

Thursday 2nd January 2020
quotequote all
ClubsportStr said:
When are the cost of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?
I'd guess by summer probably. Two or three months isn't that long for them to have shed circa £20k and all the M3s and M4s up at similar prices are much older and/or higher mileage.

VerySideways

10,238 posts

272 months

Thursday 2nd January 2020
quotequote all
ClubsportStr said:
When are the prices of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?
The M340 has been out for 5 minutes.
With a basic spec at about £50k, even with a decent discount you're not going to be in the 30's just yet...

numtumfutunch

4,721 posts

138 months

Thursday 2nd January 2020
quotequote all
VerySideways said:
The M340 has been out for 5 minutes.
With a basic spec at about £50k, even with a decent discount you're not going to be in the 30's just yet...
You do realise they're available on the road for a sniff over 40k if you spend 5 mins online?

Admittedly that's Q4 2019.
Next quarter deals still not out there yet

Cheers

VerySideways

10,238 posts

272 months

Thursday 2nd January 2020
quotequote all
numtumfutunch said:
You do realise they're available on the road for a sniff over 40k if you spend 5 mins online?

Admittedly that's Q4 2019.
Next quarter deals still not out there yet

Cheers
£41k i've seen. Really basic spec though.
I can understand people leasing basic cars to keep the monthlies down but surely if you're buying then you'd put some kit on it? My spec comes in over £50k even with the discounts...

Elysium

13,809 posts

187 months

Friday 3rd January 2020
quotequote all
numtumfutunch said:
VerySideways said:
The M340 has been out for 5 minutes.
With a basic spec at about £50k, even with a decent discount you're not going to be in the 30's just yet...
You do realise they're available on the road for a sniff over 40k if you spend 5 mins online?

Admittedly that's Q4 2019.
Next quarter deals still not out there yet

Cheers
The deals are out there, it's just that the broker sites need to catch up. Manufacturer support has got slightly better for Q1 2020.





Elysium

13,809 posts

187 months

Friday 3rd January 2020
quotequote all
ClubsportStr said:
When are the prices of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?
All of the current used cars seem to be ex demonstrators with very low mileage. They are (mostly) just below discounted prices for new, so not a 'proper' indication of used values.

I think the residuals could hold up well. Its a little unusual to see healthy manufacturer discounts on a new model that is getting widespread positive reviews.

The dealers also seem to have access to a number of built, but unregistered cars. It looks as if BMW pushed a load through the factory in Q4.


p1stonhead

25,527 posts

167 months

Friday 3rd January 2020
quotequote all
Elysium said:
ClubsportStr said:
When are the prices of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?
All of the current used cars seem to be ex demonstrators with very low mileage. They are (mostly) just below discounted prices for new, so not a 'proper' indication of used values.

I think the residuals could hold up well. Its a little unusual to see healthy manufacturer discounts on a new model that is getting widespread positive reviews.

The dealers also seem to have access to a number of built, but unregistered cars. It looks as if BMW pushed a load through the factory in Q4.
Do M or Nearly M cars residuals ever hold up? Maybe on a very limited model but this isn’t anything like that.

I expect to pick one up for mid-low 20’s in a few years.

Cheapest AUC is under £40k already on a 69 plate.

Edited by p1stonhead on Friday 3rd January 11:24

ATM

18,270 posts

219 months

Friday 3rd January 2020
quotequote all
JNW1 said:
Burwood said:
JNW1 said:
Burwood said:
gizlaroc said:
Yeah, nearly €5k.

However, I do think that with a car so expensive, for what it is, that I would have to keep it 5-7 years to justify it, and if keeping it that long I would want it perfect, not in a colour I was not that keen on.

Having said that, Alpina B3 Touring in Alpina Green may then be cheaper overall.
Surely cheaper or no more when you factor in the significantly better residual of the Alpina.

Edited by Burwood on Thursday 19th December 16:47
But do Alpinas actually have a significantly better residual? When I was looking at an E46 B3 a number of years ago I found that the purchase price was similar to an E46 M3 but the residual was closer to an E46 330Ci - net result was the B3 worked out to be quite an expensive ownership proposition!

Therefore, unless things have changed, once decent discounts are available on the G2x M340i I suspect one of those will work out quite a lot cheaper than the Alpina equivalent; not saying it will be as good but if you think you can get into a B3 for the same money I suspect you're likely to be disappointed...
2014 64 plate D3-31k miles 27.5K would suggest they do. Given the G20 340 residual is 4 years and 17-18k. It would appear taking dealer margins out of it 7-8K better. It's worth looking at if you start throwing 5k paint options at it.
But you're going to get little or no discount on a B3 whereas you'll be looking at £10k off an M340i in the not too distant future; that means the difference in initial outlay will probably be the best part of £30k and in that context a residual that's £10k better isn't going to result in a lower cost car over a 4 or 5-year period.

And I'm not convinced the residual will be £10k better after 5 years either; it's one thing to advertise at a price and another to get it and I wouldn't mind betting a dealer will have offered a low-ball price for that D3 and then stuck a big mark-up on it in the hope they can get it. IMO a more representative comparison would be the the GFV on a B3 after 4 years against that of an M340i; I'm sure that for the B3 will be higher but I'm also sure the monthly payment will be more because of the much higher purchase price. Alpinas are lovely cars but cheap they're not!
I dont see many F30/F31 340i available today which are 4 years old for 17-18k.

ClubsportStr

371 posts

75 months

Friday 3rd January 2020
quotequote all
p1stonhead said:
Elysium said:
ClubsportStr said:
When are the prices of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?
All of the current used cars seem to be ex demonstrators with very low mileage. They are (mostly) just below discounted prices for new, so not a 'proper' indication of used values.

I think the residuals could hold up well. Its a little unusual to see healthy manufacturer discounts on a new model that is getting widespread positive reviews.

The dealers also seem to have access to a number of built, but unregistered cars. It looks as if BMW pushed a load through the factory in Q4.
Do M or Nearly M cars residuals ever hold up? Maybe on a very limited model but this isn’t anything like that.

I expect to pick one up for mid-low 20’s in a few years.

Cheapest AUC is under £40k already on a 69 plate.

Edited by p1stonhead on Friday 3rd January 11:24
I expected them to be in the mid 30’s by now for ex demos with similar depreciation to other 3 series . Like you say you can get new ones discounted for around 40. Maybe we need to wait until the ex bmw fleet come on to the market. They are not a m car or maybe they will enter free fall when the m3 is released !

BFleming

3,595 posts

143 months

Friday 3rd January 2020
quotequote all
ClubsportStr said:
I expected them to be in the mid 30’s by now for ex demos with similar depreciation to other 3 series . Like you say you can get new ones discounted for around 40. Maybe we need to wait until the ex bmw fleet come on to the market. They are not a m car or maybe they will enter free fall when the m3 is released !
There are zero on Autotrader, but quite a few on BMW Approved used. The cheapest is £39950: https://usedcars.bmw.co.uk/vehicle/201912175411534...

Of course they're not an M car; they're generally referred to as M-Lites. I wouldn't hold out for free-fall just yet.

TurboPower

507 posts

185 months

Friday 3rd January 2020
quotequote all
Dick Lovett in Bristol had a nice well specced car in Blue which they sold.

Elysium

13,809 posts

187 months

Friday 3rd January 2020
quotequote all
BFleming said:
ClubsportStr said:
I expected them to be in the mid 30’s by now for ex demos with similar depreciation to other 3 series . Like you say you can get new ones discounted for around 40. Maybe we need to wait until the ex bmw fleet come on to the market. They are not a m car or maybe they will enter free fall when the m3 is released !
There are zero on Autotrader, but quite a few on BMW Approved used. The cheapest is £39950: https://usedcars.bmw.co.uk/vehicle/201912175411534...

Of course they're not an M car; they're generally referred to as M-Lites. I wouldn't hold out for free-fall just yet.
There were 37 on autotrader when I looked 5mins agosmile

Elysium

13,809 posts

187 months

Friday 3rd January 2020
quotequote all
p1stonhead said:
Elysium said:
ClubsportStr said:
When are the prices of used examples of the m340 going to drop, they are all circa £40k you can pick up similar M4’s for that price . Thought they be down to mid 30’s by now ?
All of the current used cars seem to be ex demonstrators with very low mileage. They are (mostly) just below discounted prices for new, so not a 'proper' indication of used values.

I think the residuals could hold up well. Its a little unusual to see healthy manufacturer discounts on a new model that is getting widespread positive reviews.

The dealers also seem to have access to a number of built, but unregistered cars. It looks as if BMW pushed a load through the factory in Q4.
Do M or Nearly M cars residuals ever hold up? Maybe on a very limited model but this isn’t anything like that.

I expect to pick one up for mid-low 20’s in a few years.

Cheapest AUC is under £40k already on a 69 plate.
I think they will do better than a standard 3 series. 40-50% retained value after 3 years would be a decent outcome.

Pistonheader101

2,206 posts

107 months

Saturday 4th January 2020
quotequote all
Not much of a step up from the f30 340i tbf.

BFleming

3,595 posts

143 months

Saturday 4th January 2020
quotequote all
Elysium said:
BFleming said:
ClubsportStr said:
I expected them to be in the mid 30’s by now for ex demos with similar depreciation to other 3 series . Like you say you can get new ones discounted for around 40. Maybe we need to wait until the ex bmw fleet come on to the market. They are not a m car or maybe they will enter free fall when the m3 is released !
There are zero on Autotrader, but quite a few on BMW Approved used. The cheapest is £39950: https://usedcars.bmw.co.uk/vehicle/201912175411534...

Of course they're not an M car; they're generally referred to as M-Lites. I wouldn't hold out for free-fall just yet.
There were 37 on autotrader when I looked 5mins agosmile
Christ, mental block, I looked for 340i, not M340i. My bad.