Anyone on here ordered the new M5 ?
Anyone on here ordered the new M5 ?
Author
Discussion

Chipper

Original Poster:

1,540 posts

243 months

Tuesday 27th September 2011
quotequote all
Subject to the part exchange offer, I think Im going to move my f11 520D to the new M5 if I can get the discount offered by Broadspeed.

Was thinking of just going M sport seats and the pro hi-fi with a few little items and the price came out at just under £69500. Comparing it to the new 991 c2s with a similar spec which was coming out at £94000! it starts to make the M5 look good value.

So anyone else on here taking the plunge ?




skeeterm5

4,518 posts

214 months

Tuesday 27th September 2011
quotequote all
Have you actually had a confirmed price from Broadspeed? My local dealer is say no discount at all and restricted stock.

S

krallicious

4,312 posts

231 months

Tuesday 27th September 2011
quotequote all
skeeterm5 said:
Have you actually had a confirmed price from Broadspeed? My local dealer is say no discount at all and restricted stock.

S
Exactly what my dealer said today.

M3Charlie

556 posts

184 months

Tuesday 27th September 2011
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True, no discounts from dealers! Why would they need to anyway, restricted order slots from BMW and a brand new model! If someone wants one in a few years then sure maybe a discount but not right now.

M3Charlie

556 posts

184 months

Tuesday 27th September 2011
quotequote all
Plus broadspeed make me laugh with their pricing, I don't know anyone who has ordered a high end car and paid the initial price advertised on there, run of the mill stuff no problem but rare new models, no. But..... Of it is that price, put me down for one too coz they will be selling over list if there is no waiting time!!!

Chipper

Original Poster:

1,540 posts

243 months

Tuesday 27th September 2011
quotequote all
They're coming back to me tomorrow so I'll spill the beans if they can. I've bought vehicles from them before and coast2coastcars with no problems but admittedly they were high end diesels and not special editions.

On another note I've had a fourth Porsche dealer ring me today trying to get me to put a deposit down on the new 991. After a long conversation it seems the take up is not going as well as expected. The new price of the 991 plus the economic uncertainties seems to be hitting home.



Edited by Chipper on Tuesday 27th September 20:49

GameOverMan!

456 posts

223 months

Tuesday 27th September 2011
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I have been speaking to my dealer on and off now for a couple of weeks and was ready to put a deposit down this week. That was until they extended the 3 months delivery to 6 months, confirmed no discount, need to confirm spec upon putting down deposit, no refund of deposit and no test drive option before delivery. I also have niggles such as the 'average' looks and do I really need a 4 door car.

I do however like the idea of the engine and noise (at least from the outside from the reviews). The interior looks OK and I like the M seats and upgraded 20" wheels but I'm now only 50/50 on a purchase and so I decided to look at other options instead.

I am impatient but there are too many negatives at the moment for a circa £85K investment once you've added options.

M3Charlie

556 posts

184 months

Tuesday 27th September 2011
quotequote all
lets us know how you get on. Thing is with the Porsche, is it really that different to the old one? I know it probably is but is it a big enough change if you know what i mean

Kananga

1,169 posts

182 months

Tuesday 27th September 2011
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Have one on order that is due for build in December and delivery 1st wk in Jan...

Beginning to wonder if I just cancel though...

Chipper

Original Poster:

1,540 posts

243 months

Tuesday 27th September 2011
quotequote all
Kananga said:
Have one on order that is due for build in December and delivery 1st wk in Jan...

Beginning to wonder if I just cancel though...
Why?

Kananga

1,169 posts

182 months

Tuesday 27th September 2011
quotequote all
Have been a serial car changer in the past, and just a bit nervous about dropping big £££ in a short space of time due to the world melting around us! smile

When I ordered it, I'd sort-of convinced myself that the new m5 would be in sufficient demand that I could flip out of it in the first 6 months without dropping too much cash on the basis that demand would be strong.

Don't get me wrong, this wasn't an investment and always accepted that there would be a cost to owning, but the economic situation is disintegrating faster that i ever thought it would!

Haven't decided what to do yet but mulling things over.

Edited by Kananga on Tuesday 27th September 21:41

skeeterm5

4,518 posts

214 months

Wednesday 28th September 2011
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I guess it comes down to a simple question, which is, do you want the car to drive in or invest in? If you want it to drive then buy it, drive it, enjoy it and take the depreciation hit.

If you want to invest I fear you have backed the wrong model....

S

Kananga

1,169 posts

182 months

Wednesday 28th September 2011
quotequote all
skeeterm5 said:
I guess it comes down to a simple question, which is, do you want the car to drive in or invest in? If you want it to drive then buy it, drive it, enjoy it and take the depreciation hit.

If you want to invest I fear you have backed the wrong model....

S
As per my message, never expected it to be an investment. Always expected it to depreciate, bit the economic backdrop means I think the depreciation could be a lot more than I originally estimated.

Reviews seem to be very good though.

geordieexpat

482 posts

218 months

Thursday 29th September 2011
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Still like the M5 touring Ive got at the moment, but I'll have a test drive of the new one when back in France or UK and see if there's a difference

Chipper

Original Poster:

1,540 posts

243 months

Friday 30th September 2011
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Well i didn't get my call back at my shop unless me receptionist diverted the call which she informs me she hasn't and their price has gone up £1000 from a few days ago.

Will contact them tomorrow and see what's occurring!!

Kananga

1,169 posts

182 months

Friday 30th September 2011
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What sort of % discount are Broadspeed claiming ?

Beardy10

25,243 posts

201 months

Friday 30th September 2011
quotequote all
What is the list price on the continent ? You can order a UK spec RHD car from any dealer in Europe....apparently the economy is fked in Europe biggrin so you might be able to get a good deal confused

I know of one UK BMW dealer that ordered some cars from dealers on the continent to satisfy customers that were desperate for an E60.

Chipper

Original Poster:

1,540 posts

243 months

Friday 30th September 2011
quotequote all
Kananga said:
What sort of % discount are Broadspeed claiming ?
It's now about £4000 off list price which in this economic climate should be achievable.

skeeterm5

4,518 posts

214 months

Friday 30th September 2011
quotequote all
I claim I can offer 10% discount (this only applies while I dont actually have any cars and when I do actually get some this discount won't apply).... smile

As I asked before, have you now had a firm offer from them, I went back to my dealer who I am talking to about ordering one and he just laughed when we looked at the Broadspeed site.

S

Edited by skeeterm5 on Friday 30th September 22:52

ACB82

45 posts

235 months

Friday 30th September 2011
quotequote all
I dont have the cash to buy one by miles, but had a good look at one at the Goodwood revival and they really dont look very special.
Give me a Maza Quad any time, or the last V10 and save some $$$!! Is it really going to be that different in the real world?