BMW 435d xDrive M Sport 2dr Auto - Good Deal?

[ljw2k]

Looking for for a new car 335D and come across a beautiful looking 435d for 30k minus 2k dealer contribution so Total 28k for a 17 plate with nice spec.

http://www.sytner.co.uk/car-search/7075645-bmw-4-s...

Edited by ljw2k on Sunday 24th September 05:15

[ljw2k]

What's the main differences between the LCI and non LCI is it just cosmetics? lights etc?

Also the LCI will come under the new tax laws which make it near £1600 more over the 5 years.

I note the main things as in engine and gearbox no change which is the main feature of the car IMO.

Edited by ljw2k on Sunday 24th September 16:53

[ljw2k]

Driver101 said:

There was 0% finance deals on the 335d recently. A brand new highly optioned car worked out less than that deal if you're looking at the taking the car on PCP.

I'm sure it was around a £13k discount on list price taking them down to around £37k.

Price On The Road £49,730 (this is £850 less than the latest price)
Our price £42,975
BMW contribution £5000

Customer price OTR £37,975.

Customer deposit £3000
Then 47 x £379 plus GFV £17,141.
based on 8K miles pa
APR 0%

Basically it will cost a sum of :

47 payments of £379 a month =£17813 plus £3000 deposit equates to just over 20k

£20.813 spent in 4 years on something that's never yours, you are limited to 8k mls year.
£5,203 a year loss don't sound good to me sorry.

I would rather have a much better car and only loose 5k in 3 years.

Edited by ljw2k on Sunday 24th September 21:38

[ljw2k]

Helicopter123 said:

I would be very careful buying any diesel at the moment.

Real prospect of higher taxes and uncertain residual values have put me off.

If I read right this only effects most cars below 2015 which are Euro5 and below and the 2017 BMW 435D is Euro6.

[ljw2k]

I personally think prestige cars ( 40k plus ) registered after 1st April 2017 will certainly be harder to sell with the new tax laws £460 Tax a year for 5 years, If like me it's not the money but the principle behind it when the next door neighbour has the same car but a week younger and only Pays £135 a year........Crazy.

PCP might work for other people but I see it as putting people in cars they can't really afford, the dealers hit their targets. I know some people will mention mortgages but property don't usually depreciate so is an Investment where a car is a luxury right!.

[ljw2k]

Driver101 said:

I was running with the assumption you were taking the PCP deal on the car above due to taking the finance contribution into account. The cost to PCP the 435d is more than a brand new higher spec 335d. Buying outright makes it different. The mileage limits aren't set on PCP deals. It wouldn't be much to increase that. That's irrelevant now.

You'll lose more than £5k in 3 years. BMW are heavily discounting these and offering interest free finance for a reason. After all the negative diesel hype the demand has significantly dropped. I wouldn't anticipate values to be the same in 3 years time as now as they are now. You're getting it a lot cheaper now.

I agree with you to some extent and no one can see into the future and Values could go up or down who knows its a Risk that looking at today's values the loss will be very acceptable and even if it was twice the 5k wouldn't be a bad Price for the asking price of the car.

I should have worded my first post better to say I would be setting up the PCP to get the £2000 Dealer Contribution and then paying it off within 14 days to get it for the 28k sorry about this my fault.

Edited by ljw2k on Sunday 24th September 22:39