Best discount on new M2

[Jk89]

What is the best discount available on a new M2?

[Strocky]

Jk89 said:

What is the best discount available on a new M2?

The five fingered kind

[CG2020UK]

I’ve seen £4k upfront and £655 a month back in Jan.

Don’t know if that still ongoing.

£6k upfront and £600 a month done the rounds as well.

[bennno]

How do either of those responses answer the op’s question in any way?

[CG2020UK]

bennno said:

How do either of those responses answer the op’s question in any way?

Well because it’s a discounted PCP quote for a BMW M2

For example he’d save £5k vs this deal if he can get someone to match this discount out there
https://www.stratstone.com/search/details/offer/ne...

Or save vs this one
https://www.dicklovett.co.uk/bmw/finance-deals/m-s...

It gives the poster another option to compare financially to see what way gets him the car cheapest

[CarlosFandango11]

CG2020UK said:

bennno said:

How do either of those responses answer the op’s question in any way?

Well because it’s a discounted PCP quote for a BMW M2

For example he’d save £5k vs this deal if he can get someone to match this discount out there
https://www.stratstone.com/search/details/offer/ne...

Or save vs this one
https://www.dicklovett.co.uk/bmw/finance-deals/m-s...

It gives the poster another option to compare financially to see what way gets him the car cheapest

Quoting just upfront and monthly payments doesn’t enable you to compare the financial cost of a PCP.

[timbo999]

CG2020UK said:

Well because it’s a discounted PCP quote for a BMW M2

For example he’d save £5k vs this deal if he can get someone to match this discount out there
https://www.stratstone.com/search/details/offer/ne...

Or save vs this one
https://www.dicklovett.co.uk/bmw/finance-deals/m-s...

It gives the poster another option to compare financially to see what way gets him the car cheapest

I'm not sure paying £74k for an M2 counts as a discount... neither of those include any discount which was the question asked.

[worsy]

Go talk to https://www.instagram.com/trldeals?utm_source=ig_w...

or

https://www.instagram.com/bma_dealsdirect?utm_sour...

[CG2020UK]

CarlosFandango11 said:

Quoting just upfront and monthly payments doesn’t enable you to compare the financial cost of a PCP.

I’d look at that PCP quotes I’ve posted and say the cheapest PCP deal I’ve seen for me to own this car for 4 years is £35k. So surely any calculated cost of ownership needs to be less than that.

Ultimately it doesn’t matter where the discount comes from be it dealer contribution, off list price, 0% APR or summer sale. Total cost for a fixed period is all that matters.

Simply just trying to help the OP out with options

timbo999 said:

I'm not sure paying £74k for an M2 counts as a discount... neither of those include any discount which was the question asked.

Agreed hence my original post (3rd post) that says I’ve seen PCPs that would save the OP £5k

Edited by CG2020UK on Saturday 6th April 17:24

[CarlosFandango11]

CG2020UK said:

CarlosFandango11 said:

Quoting just upfront and monthly payments doesn’t enable you to compare the financial cost of a PCP.

I’d look at that PCP quotes I’ve posted and say the cheapest PCP deal I’ve seen for me to own this car for 4 years is £35k. So surely any calculated cost of ownership needs to be less than that.

Ultimately it doesn’t matter where the discount comes from be it dealer contribution, off list price, 0% APR or summer sale. Total cost for a fixed period is all that matters.

Simply just trying to help the OP out with options

You didn’t mention the term of the PCP in your post.

You didn’t mention the GFV of the PCPs which will determine the equity left in the M2 after the end of the PCP, and which obviously impacts the cost of the PCP.

[RonnieHotdogs]

worsy said:

Go talk to https://www.instagram.com/trldeals?utm_source=ig_w...

or

https://www.instagram.com/bma_dealsdirect?utm_sour...

Agreed. Never had a deal come close to TRLdeals.

[Mr R]

Just go on Autotrader and set the age parameter to "Brand New" - more than 60 for sale and on first glance saw a couple in Cardiff with £9k off, before any haggling!

[CG2020UK]

CarlosFandango11 said:

You didn’t mention the term of the PCP in your post.

You didn’t mention the GFV of the PCPs which will determine the equity left in the M2 after the end of the PCP, and which obviously impacts the cost of the PCP.

Mate I’m trying to help the OP out with some actual figures I’ve seen floating about,

You’re just trashing/trolling this thread for some bizarre reason

[Jk89]

Thanks for all the replies.

I’ve been told 11% is doable.

Going in tomorrow.

[CG2020UK]

Jk89 said:

Thanks for all the replies.

I’ve been told 11% is doable.

Going in tomorrow.

Lets us know how you get on!

[V 02]

Sorry for thread bump. I am trying to crack the 13% discount barrier on a factory order. I’m getting close but seem to be reaching the floor. BMW are doing 5.9% apr and also doing a 5 year service plan included for Q1. Bite the bullet?

[bennno]

V 02 said:

Sorry for thread bump. I am trying to crack the 13% discount barrier on a factory order. I m getting close but seem to be reaching the floor. BMW are doing 5.9% apr and also doing a 5 year service plan included for Q1. Bite the bullet?

Most of the dealers seem to be publicising 12% off on stock cars on Autotrader.

So you are effectively pushing for 1% on top of the going rate.

I’d buy a year old 5k miles for 30% off

[V 02]

bennno said:

Most of the dealers seem to be publicising 12% off on stock cars on Autotrader.

So you are effectively pushing for 1% on top of the going rate.

I d buy a year old 5k miles for 30% off

Yes but stock cars are not being given 5yrs of free servicing which is somewhat meaningful on M2. I also have some options on it

Would love to be able to buy a 1-2 yr old car but interest rates mean it doesn t make sense over new - 5.9% apr with 5 years of free servicing chucked in on a 26 plate

I did view the black M2 at Berry Heathrow but they aren t willing to negotiate much on it. It has some options but nothing of use to me so certainly not worth any uplift

The lowest price on a dealer I ve found now is £62k flat for a new car with £1500 Options this is pretty much zero margin

Edited by V 02 on Tuesday 30th December 16:09

[V 02]

Part of the above is slightly incorrect from me. I think the stock car will still qualify from the 5 year service plan if you pick it up in Jan as that’s a BMW FS offer

[napistonheads]

Hopefully not breaking any forum rules I have no affiliation with this site but have bought a few cars from them as have family members. My starting place for discounts this is just the basic car with no options. As others have said TRL may be able to match or beat it.