M3 / M4 Discounts? Or E92...

[kbf1981]

Went to look at M3's today and probably looking to change cars around Christmas. Does anyone recon they'll be doing good deals on the M3 by then or are you best off buying a nice, 2012, low milage E92 M3 for £35k and running that for a year or so before swapping over?

Probably swapping over around Christmas but no massive rush. Still looking at several options like 991's etc.

[kbf1981]

Best deal I could find just now, but still £30k over 3yrs which I'm sure will be improved upon in time: http://www.contracthireandleasing.com/car-leasing-...

[Cheib]

I doubt you'll get a decent discount on an M3 or M4 this side of Christmas.....deffo cheaper to run the old car for a year or so.

[bigtime]

You'll probably loose more in depreciation on the E92 than the discount you'll achieve in a years time on the new m3/4.

[Shaoxter]

Buying a low mileage E92 M3 for £35k and running it for a year is the very definition of depreciation. I highly doubt that's going to be more cost effective than just getting the new car now.

[matrignano]

I found it hard to justify a new M3 when you can get £30k+ off M6s and much better interest rates on finance!

[kbf1981]

matrignano said:

I found it hard to justify a new M3 when you can get £30k+ off M6s and much better interest rates on finance!

How does the M6 drive in comparison? Looks very big? I'm looking at 997/991/alternatives in that vein really. Something you can chuck down country roads.

[HoHoHo]

Can't speak for the M6 but having come from a 997 C2S to an M5 I've got no complaints whatsoever.

I have just as much fun as I did in the 911

[irish boy]

I find the e92 a superb all round package, mines 4 years old now and very difficult to replace. M4 is the logical choice but still too new/expensive. 997's are great but would need a gt3 or tt as I had these 2 models previously in the 996 and would find it difficult to get excited about the lower models. The gtr is also tempting but would need to look into running costs properly not just internet myth. Basically every time I start the process I take mine out for a spin and realise I don't want to change it yet.

OP if you can get a nice spec/colour low mile e92 you will be very impressed with it, stick an exhaust and a set of nice seats and you've a keeper. Residual wise they will do ok as they are a totally different price point to the new car, probably 4-5k per year for the first couple then it will slow. Look at the price of 2010/2011 models to give you an idea.

[Zyp]

kbf1981 said:

Best deal I could find just now, but still £30k over 3yrs which I'm sure will be improved upon in time: http://www.contracthireandleasing.com/car-leasing-...

I had a lease approved last week at 6+35 £760 pm, 10k miles. (Car specced to £60,500)
Unfortunately BMW have pulled the discount they were giving to lease companies so it doesn't look like it's happening now!

[matrignano]

kbf1981 said:

How does the M6 drive in comparison? Looks very big? I'm looking at 997/991/alternatives in that vein really. Something you can chuck down country roads.

Sorry I was speaking from an internet research ninja point of view, haven't tried the M3 or M6 yet!
By all accounts the M6 is a very accomplished car but more of an autobahn stormer/GT type of car, the M3 is a lot more focused yet still very usable.

Edited by matrignano on Monday 7th July 17:47

[pjv997]

I ran an E90 M3 alongside a 997s for 3 years.

Pretty similar in straight line but 997s much more chuck-able in my view.

I have now run my F10 M5 for over 2 years, much much faster straight line than both and a lot of fun, but too heavy to be 'chuck-able' like the M3, never mind a 997.

M6, M5, M3 and 911 are all great cars but have different attributes - only you can decide what suits your needs,

[HoHoHo]

pjv997 said:

I ran an E90 M3 alongside a 997s for 3 years.

Pretty similar in straight line but 997s much more chuck-able in my view.

I have now run my F10 M5 for over 2 years, much much faster straight line than both and a lot of fun, but too heavy to be 'chuck-able' like the M3, never mind a 997.

M6, M5, M3 and 911 are all great cars but have different attributes - only you can decide what suits your needs,

But I'm yet to get bored in my M5, it's such a brilliant all-rounder

[msdes123]

0% finance deal appeared on F10 M5 about 12 m after release, by this time I seem to recall 10-15k off list was also the norm, dealer said they have no prior warning from BMW head office when finance deals are going to arrive, I'd signed on dotted line with 8% BMW finance deal just weeks before the 0% appeared.

Pick up a used F10 M5 that's already taken its big depreciation hit and come back in next year for new M3 when deals are more attractive??

[Wills2]

Shaoxter said:

Buying a low mileage E92 M3 for £35k and running it for a year is the very definition of depreciation. I highly doubt that's going to be more cost effective than just getting the new car now.

Why? I would say buying a new car is the definition of depreciation, buying an e92 that has already lost 20-25k won't hurt as much as getting a new M4.

[Shaoxter]

Wills2 said:

Shaoxter said:

Buying a low mileage E92 M3 for £35k and running it for a year is the very definition of depreciation. I highly doubt that's going to be more cost effective than just getting the new car now.

Why? I would say buying a new car is the definition of depreciation, buying an e92 that has already lost 20-25k won't hurt as much as getting a new M4.

The OP isn't comparing a nearly new E92 with a new F80, he's thinking of buying a nearly new E92 and selling it after a year hoping that there will be discounts on a new F80. Or at least that's how I read it.

In that case "renting" an E92 for a year will see quite a bit of depreciation I would have thought.

[AOK]

Wills2 said:

Why? I would say buying a new car is the definition of depreciation, buying an e92 that has already lost 20-25k won't hurt as much as getting a new M4.

Because said e92 will probably still loose more in the next 12 months than a brand new f80 which was bought at list

[Wills2]

Shaxoter/AOK,

My theory on this is that the e92 had a harder time than the e46 (mainly due to the crash of 2008) and they had to discount it deeply to ship some volume. (I got an average of 16k off the two I bought).

The F80/82 is going to face an issue not the economy, but more that the market might have/has moved on, the car isn't doing a Macan (12 mth waiting list, cars offered above list) and hasn't sold out like the e46 did because the Germans have turned themselves inside out to give us a choice of just about everything. (Macan not a competitor? I know plenty of people who have moved from performance saloons to the new crop of sporty SUVs)

I do not believe the current zero discount strategy will continue and you're looking at a 60k car minimum at the moment with a few bits and bobs added.

A late model (11-12) e92 is 35-40k (ish) that's 25k cheaper with 07/08 plates still 20k-25k (AUC) so that is your guide, for me the e92 will continue on its depreciation path with little extra downward pressure from the F80/82 after all 35k and 60k+ are different markets entirely.

I for one will not be buying the new car at list, I think that would be crazy especially as people are getting 34k off the price of a an M6.

So I do believe a deal will come and I do believe the F80/82 will burn money over the next 12-18mths if bought new at list, more than a car that has already lost 40% of its value.

But every new car I've had has burnt money such is the way of things, that's why buying a mainstream car at list would make that situation even worse.

I don't think getting a late model e92 (if bought well) for 12 months then moving into an F80 would be a crazy thing to do.

I know no more than you guys and could be hugely wrong and not for the first time.

[n5tew]

[quote=Wills2]Shaxoter/AOK,

My theory on this is that the e92 had a harder time than the e46 (mainly due to the crash of 2008) and they had to discount it deeply to ship some volume. (I got an average of 16k off the two I bought).

The F80/82 is going to face an issue not the economy, but more that the market might have/has moved on, the car isn't doing a Macan (12 mth waiting list, cars offered above list) and hasn't sold out like the e46 did because the Germans have turned themselves inside out to give us a choice of just about everything. (Macan not a competitor? I know plenty of people who have moved from performance saloons to the new crop of sporty SUVs)

I do not believe the current zero discount strategy will continue and you're looking at a 60k car minimum at the moment with a few bits and bobs added.

A late model (11-12) e92 is 35-40k (ish) that's 25k cheaper with 07/08 plates still 20k-25k (AUC) so that is your guide, for me the e92 will continue on its depreciation path with little extra downward pressure from the F80/82 after all 35k and 60k+ are different markets entirely.

I for one will not be buying the new car at list, I think that would be crazy especially as people are getting 34k off the price of a an M6.

So I do believe a deal will come and I do believe the F80/82 will burn money over the next 12-18mths if bought new at list, more than a car that has already lost 40% of its value.

But every new car I've had has burnt money such is the way of things, that's why buying a mainstream car at list would make that situation even worse.

I don't think getting a late model e92 (if bought well) for 12 months then moving into an F80 would be a crazy thing to do.

I know no more than you guys and could be hugely wrong and not for the first time.



Agree completely.....

I almost pulled the trigger a few months ago when discounts in the region of £7k+ appeared on an internet discount website! Still heavily discounting BMW, all models excluding M3/4. In today's economic climate when an RS4 can be picked up,for £48k, surely BMW will join in soon. My only hope is that the previous £7k offered was purely from dealer margin and the finance commission was capped at £500 - if manufacturer support comes to the party and high residuals it could be happy days.

The wait begins!!

[bigtime]

I looked at the M4 today and went through some figures. Due to zero discounts and a higher apr on the M4 the monthlies were lower on a M6. The balloon after 48 months was slightly higher on the M6.