840i M Sport Lease Deal

840i M Sport Lease Deal

Author
Discussion

Court_S

13,005 posts

178 months

Wednesday 8th January 2020
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That’s a stinking deal for those who had their orders accepted. Leasing can certainly work out well if you’re able to jump on offers like this when then arise.

martylaa

194 posts

190 months

Wednesday 8th January 2020
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Well this is the colour which I want, can’t wait to get it now...

smashy

3,042 posts

159 months

Wednesday 8th January 2020
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That deal is nuts ,going to be a killer handing it back though wink

768

13,708 posts

97 months

Wednesday 8th January 2020
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Probably for the best I didn't sell the third child to fit the family in, seems like I wouldn't have got the deal in time.

sanje88

22 posts

100 months

Thursday 9th January 2020
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Would it be too late to add options on this car if finance approved?

simonwhite2000

Original Poster:

2,474 posts

98 months

Thursday 9th January 2020
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sanje88 said:
Would it be too late to add options on this car if finance approved?
Possibly not - but ask ASAP!!!

ollie05

697 posts

221 months

Thursday 9th January 2020
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Anyone know what servicing and tyre costs will be like on these things?

I know m cars are obviously higher service costs but was wondering what the 8 series is like as it's also higher end, or would basic service be similar cost as a 3 or 5 series?!


Guessing over 2 years it should just be a single basic service before handing back.

Rear tyres are 275/30/ r20 runflats so look to be about £200 upwards per corner, can't see what the fronts are...



Edited by ollie05 on Thursday 9th January 06:43

anonymous-user

55 months

Thursday 9th January 2020
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There’s mine, going to ask about Cognac today too.

Re running costs, no idea, I think that the alloys I’ve picked get rid of run flats, I will do 10-14k so can’t see it needed tyres, service interval is 2 years or 15k, so my plan is to hand it back before 2 years and not pay for anything essentially.

Edited by Lord.Vader on Thursday 9th January 07:26

ollie05

697 posts

221 months

Thursday 9th January 2020
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That's interesting re servicing, wasn't aware it was 2 years.

I went through a set of tyres in just over 10k on my S4, not driven particularly hard, just found it ate tyres and as I had maintenance on the lease, Audi changed them when it went in for service as they got near the limit, possibly could've gotten away with handing it back without charge, bit ended up extending it for 12 months anyway.

KWbarbs

13 posts

89 months

Thursday 9th January 2020
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First post here, so looking for some collective wisdom from this group.

I have been a long term leaser but mainly through a company scheme, now need to change in March as I will be coming out of the scheme.

Originally I am looking at the BMW M135i, but then this mad 840i deal popped up and got me looking elsewhere....

I cam across this :

BMW 8 Series Gran Coupe 840i sDrive 4dr Auto

9 x 23 on a 8k deal
mthly - 424.12
admin - 199

I make this to be £15.5 over 2 years on a £70 car. I know that this is nowhere near the original deal, but is this good value?

I am also tempted by a AR Guilia Veloce at £299 on a 9x23 deal...but that is another question entirely.

ollie05

697 posts

221 months

Thursday 9th January 2020
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For info, spoke to local dealer and first minor service either 2year/15k would be circa £360.

simonwhite2000

Original Poster:

2,474 posts

98 months

Thursday 9th January 2020
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KWbarbs said:
First post here, so looking for some collective wisdom from this group.

I have been a long term leaser but mainly through a company scheme, now need to change in March as I will be coming out of the scheme.

Originally I am looking at the BMW M135i, but then this mad 840i deal popped up and got me looking elsewhere....

I cam across this :

BMW 8 Series Gran Coupe 840i sDrive 4dr Auto

9 x 23 on a 8k deal
mthly - 424.12
admin - 199

I make this to be £15.5 over 2 years on a £70 car. I know that this is nowhere near the original deal, but is this good value?

I am also tempted by a AR Guilia Veloce at £299 on a 9x23 deal...but that is another question entirely.
Did you not see the select leasing deal I post a few pages back?

simonwhite2000

Original Poster:

2,474 posts

98 months

Thursday 9th January 2020
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Lord.Vader said:


There’s mine, going to ask about Cognac today too.

Re running costs, no idea, I think that the alloys I’ve picked get rid of run flats, I will do 10-14k so can’t see it needed tyres, service interval is 2 years or 15k, so my plan is to hand it back before 2 years and not pay for anything essentially.

Edited by Lord.Vader on Thursday 9th January 07:26
It does get rid of the run flats - no bad thing!

PTF

4,355 posts

225 months

Thursday 9th January 2020
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KWbarbs said:
First post here, so looking for some collective wisdom from this group.

I have been a long term leaser but mainly through a company scheme, now need to change in March as I will be coming out of the scheme.

Originally I am looking at the BMW M135i, but then this mad 840i deal popped up and got me looking elsewhere....

I cam across this :

BMW 8 Series Gran Coupe 840i sDrive 4dr Auto

9 x 23 on a 8k deal
mthly - 424.12
admin - 199

I make this to be £15.5 over 2 years on a £70 car. I know that this is nowhere near the original deal, but is this good value?

I am also tempted by a AR Guilia Veloce at £299 on a 9x23 deal...but that is another question entirely.
It does seem like a relatively cheap way to have a £70k car for 2 yrs. That's the trap that i've fallen into before though - it's only relatively cheap if you were intent on buying a £70k car some other way. In isolation £1 per mile + fuel + insurance + servicing can hardly be described as good value!

You could finance a nearly new £20k M140i with a bank loan for around £350/month and then you don't have to hand it back after 2 yrs and any equity is yours at the end.

Not bashing leasing, just trying to offer some perspective smile

Edited by PTF on Thursday 9th January 09:26

simonwhite2000

Original Poster:

2,474 posts

98 months

Thursday 9th January 2020
quotequote all
PTF said:
KWbarbs said:
First post here, so looking for some collective wisdom from this group.

I have been a long term leaser but mainly through a company scheme, now need to change in March as I will be coming out of the scheme.

Originally I am looking at the BMW M135i, but then this mad 840i deal popped up and got me looking elsewhere....

I cam across this :

BMW 8 Series Gran Coupe 840i sDrive 4dr Auto

9 x 23 on a 8k deal
mthly - 424.12
admin - 199

I make this to be £15.5 over 2 years on a £70 car. I know that this is nowhere near the original deal, but is this good value?

I am also tempted by a AR Guilia Veloce at £299 on a 9x23 deal...but that is another question entirely.
It does seem like a relatively cheap way to have a £70k car for 2 yrs. That's the trap that i've fallen into before though - it's only relatively cheap if you were intent on buying a £70k car some other way. In isolation £1 per mile + fuel + insurance + servicing can hardly be described as good value!

You could finance a nearly new £20k M140i with a bank loan for around £350/month and then you don't have to hand it back after 2 yrs and any equity is yours at the end.

Not bashing leasing, just trying to offer some perspective smile

Edited by PTF on Thursday 9th January 09:26
Very true but it depends what you want. Leasong is the cheapest way to get in a brand new car most cases especially on deals like this.
For me personally I've ran two S5 leases so not to concerned with fuel Bill's- my commute to work is 8 miles each way and we have a new A6 diesel for longer journeys etc.


ODRALLAG

397 posts

159 months

Thursday 9th January 2020
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When I select Barca blue I don’t see a change in spec or alloys? Am I doing something wrong?

anonymous-user

55 months

Thursday 9th January 2020
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I wouldn't buy a £70k car, no chance, whilst you will hand this back at the end with nothing to show for it it depends if the car you would have bought would have lost the same / similar in depreciation anyway irrespective of the remaining equity.

I paid cash for my Vantage, what i have lost in depreciation and running costs i could have leased a brand new one with zero running costs and still be in the same financial situation, minus £20k odd, even though the Vantage has a residual value of £xk the initial outlay was £x + the £20k.

Anyway, lets not turn this into a PCH / PCP / cash bashing thread, its a great deal at sub 15%.

simonwhite2000

Original Poster:

2,474 posts

98 months

Thursday 9th January 2020
quotequote all
ODRALLAG said:
When I select Barca blue I don’t see a change in spec or alloys? Am I doing something wrong?
You need to select the M Sport package too it's a 1500 option under the interior trim selection

PTF

4,355 posts

225 months

Thursday 9th January 2020
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Lord.Vader said:
Anyway, lets not turn this into a PCH / PCP / cash bashing thread, its a great deal at sub 15%.
That's true. The golden rule seems to be to hit <20% of retail

anonymous-user

55 months

Thursday 9th January 2020
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Just had an email from Leasys, finance declined, I've never had anything declined and it's well within affordability.

5 minutes later, i received an email from G2L telling me to ignore it and Leasys system has declined everyone ... any excuse hey.