To pull trigger tomorrow on m135i deal.. Any better?

[berry100]

Apologies on yet another m135i thread......popping into local dealer tomorrow who has offered to match a £388 deposit and £388 pm x 48 on standard manual 3 door in white.

Ideally I'd love an auto 5 door in white no extras......can I get better or is this as good as I can expect??

Any quick responses appreciated as plan to sort tomorrow, ideally with link or pm as to where can give me the deal tomorrow. Key is the deposit staying low and the monthly figure same as or lower.

Thanks I'd advance....I'm Manchester based if this helps in terms of nearest dealers to sign up at.

[SBN]

Can't see anyone offering better than that however why not push and ask them to add an extra or a years warranty

[Rob747]

You have mail

[berry100]

Rob747 no detail in email

[-Z-]

Is this lease or PCP?

[berry100]

Pcp

[JNW1]

berry100 said:

Pcp

Those numbers sound competitive but presumably they imply a relatively low annual mileage (sub-10k)? Also, without wishing to be a wet blanket, is it actually a good deal if it doesn't get you the car you really want? You say you'd like a 5-door and an auto and presumably you want both of those things for a reason; therefore, a manual 3-door arguably doesn't make sense regardless of the figures being quoted! I suspect there will be a dealer somewhere that will do a similar offer on the car you want so that being the case pulling the trigger quickly on one you don't might not be the best idea?

[hedgefinder]

who is trigger and why do you have to pull him to get a deal on an M135i?

[Contigo]

Not brilliant considering for £480 pcm you can get an M5. Granted a much larger deposit but a way better deal.

[scoobyc]

Contigo said:

Not brilliant considering for £480 pcm you can get an M5. Granted a much larger deposit but a way better deal.

Also plus vat if a personal buyer and not business (not sure which op is?)

[JNW1]

Contigo said:

Not brilliant considering for £480 pcm you can get an M5. Granted a much larger deposit but a way better deal.

On the face of it I'd agree £480/month for a new M5 sounds attractive; however, without knowing the deposit and the term/mileage of the agreement it doesn't mean much in isolation! I still think £388 down and then 48 months at £388/month sounds reasonable for a new M135i unless you're then limited to a very low annual mileage with a hefty excess mileage rate if you exceed it.

[Gwagon111]

JNW1 said:

On the face of it I'd agree £480/month for a new M5 sounds attractive; however, without knowing the deposit and the term/mileage of the agreement it doesn't mean much in isolation! I still think £388 down and then 48 months at £388/month sounds reasonable for a new M135i unless you're then limited to a very low annual mileage with a hefty excess mileage rate if you exceed it.

And therein lies the big problem with most of the PCP deals I've heard of. The mileage allowance is usually laughable, the penalties are usually .

[rassi]

Gwagon111 said:

And therein lies the big problem with most of the PCP deals I've heard of. The mileage allowance is usually laughable, the penalties are usually .

Define laughable? Most are 10 or 12K/year, a few 8K. Not that many people that do more in an M5

[berry100]

No vat, 388 dep and 388 per month all in. Done the deal now. Got 5 door in white with red leather and sun protection glass in the end

Ta for replies.

[Contigo]

JNW1 said:

On the face of it I'd agree £480/month for a new M5 sounds attractive; however, without knowing the deposit and the term/mileage of the agreement it doesn't mean much in isolation! I still think £388 down and then 48 months at £388/month sounds reasonable for a new M135i unless you're then limited to a very low annual mileage with a hefty excess mileage rate if you exceed it.

It's a 4 year contract, too long for most. The M5 deals are 23 month which is far more realistic. 8k miles for the M5 which as said are plenty in a car like the M5.

[berry100]

Contigo said:

Not brilliant considering for £480 pcm you can get an M5. Granted a much larger deposit but a way better deal.

M5 itch already scratched albeit the e60 version. I'll never forget the fuel bills lol!!

Also wasn't willing to spunk a big deposit and the m135 is good enough for what I want now.

[Gwagon111]

rassi said:

Define laughable? Most are 10 or 12K/year, a few 8K. Not that many people that do more in an M5

8K would make me wince a bit, what would the excess mileage rate be, roughly? 10 or 12K would probably be about right for most private buyers I guess.

[JNW1]

Gwagon111 said:

And therein lies the big problem with most of the PCP deals I've heard of. The mileage allowance is usually laughable, the penalties are usually .

I agree that sometimes PCP monthly repayment figures sound too good to be true and that's often because they are when you look at the other terms and conditions of the agreement! However, I think it's just a case of getting all the facts straight before you sign and going in with your eyes open; PCP doesn't necessarily work for everyone but for some people it does.

[berry100]

Will be the 6th pcp deal I've had through BMW, works for me but not necessarily right for everyone.

Each to their own I Spose ;-)

[JNW1]

berry100 said:

Will be the 6th pcp deal I've had through BMW, works for me but not necessarily right for everyone.

Each to their own I Spose ;-)

Congratulations on getting the deal done! Out of interest what annual mileage were the PCP figures you quoted based on?