10k off a new 530D... would you still lease?
10k off a new 530D... would you still lease?
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Discussion

carparkno1

Original Poster:

1,438 posts

187 months

Thursday 22nd May 2014
quotequote all
So drivethedeal etc are currently offering the best part of ten grand off a 530D SE Auto.

List price is just under 40k I think (without options). We've all seen the mega discounts on the 640d etc and have done the maths on leasing. My question on this deal is are you taking a large chunk of depreciation out with the discount… or is it massively over-inflated in the first place (or both!).

Say you go PCP off a deal price of 31k - what would the GFV be on this car in 3 years? I'm trying to understand if this makes sense as a purchase or would you still be better leasing despite the large discount. I mean how low can the GFV be after 36 months if the car was bought for 75% of the list price in the first place - would BMW factor in the actual cost of the purchase or do the GFV based on the list price (methinks the former).

In terms of a next car - this (as an estate) is tres appealing. BHP, MPG and room to chuck bikes/dogs/kidnap-victims in the back.

Toaster Pilot

14,861 posts

187 months

Thursday 22nd May 2014
quotequote all
Lease companies will have access to the same discounts if not greater ones. Comparing total cost over 3 years is surely the only way to make this decision if you want to rent a diesel BMW for a bit

carparkno1

Original Poster:

1,438 posts

187 months

Thursday 22nd May 2014
quotequote all
Toaster Pilot said:
Lease companies will have access to the same discounts if not greater ones. Comparing total cost over 3 years is surely the only way to make this decision if you want to rent a diesel BMW for a bit
Suppose am debating the 3 years versus possibly outright purchase. I change cars farily regularly but could see this being a long-term keeper