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      01-04-2013, 06:46 AM   #1
scottc
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Cracking M5 Lease Deal Available!!

Chaps,

A guy I know at select contracts just sent this through to me, cracking deal so I thought I would share.

Contact Paul Sweeny at Select Contracts and mention me (Scott from David Lloyd/Microsoft)

0118 920 5130
paul@selectcontracts.co.uk


BMW M5 SALOON M5 4dr DCT

4,395cc 560PS 8 Cylinders 32V Twin Turbo engine - 7 Speed SEMI - AUTO

MRP 73,350.00 the road including Metallic Paint


36 months (6+35) @ 579 + vat



24 months (6+23) @ 769 + vat



Road Fund Licence & Metallic Paint included



DOC Fee 174 + VAT


Just add VAT for PCH


Select Contracts. Vehicle Leasing & Contract Hire

5 Windsor Square. Silver Street. Reading. Berks. RG1 2TH.

TEL: 0118 920 5130 FAX: 0118 986 8471 MOB: 07801 553955

www.selectcontracts.co.uk
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      01-04-2013, 07:19 AM   #2
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Amazing deal. I've ordered one
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      01-04-2013, 07:37 AM   #3
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Whats the mileage allowance on that deal ? 8k ?
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      01-04-2013, 07:42 AM   #4
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Originally Posted by rogerxp View Post
Amazing deal. I've ordered one
I have ordered 2
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      01-04-2013, 10:06 AM   #5
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Silly Ignorant Question over here...

I have always been one to pay cash for a car... So unsure on how the leasing works...

I like to keep my cars for 3 years or more... so how does this work exactly?

You pay an initial deposit, then 36 monthly payments of 579+VAT and then after the 3 years is up, you give it back or take on a new lease?

I assume in that time, all servicing etc... is taken care of by BMW?

:embarrassed:
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      01-04-2013, 10:14 AM   #6
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Works as you described only maintenance is generally not included unless specified.
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      01-04-2013, 12:58 PM   #7
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Quote:
Originally Posted by Bungle009 View Post
Whats the mileage allowance on that deal ? 8k ?
I think it's 10k, the last offer for the boxster s (299 a month) was 10k
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      01-04-2013, 03:21 PM   #8
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Quote:
Originally Posted by scottc View Post
I think it's 10k, the last offer for the boxster s (299 a month) was 10k
Wish I'd seen that Boxster deal this time last year!
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      01-04-2013, 03:27 PM   #9
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When I went to look at the M5 it was something like 10k in and they still wanted 1600 a month. I remember saying to the salesman at the time that I think I could get into a new Ferrari for similar money.

Those figures above look cracking value especially when you consider they come pretty loaded with extras as standard.
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      01-04-2013, 03:46 PM   #10
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That's why I thought I would post it as its a very cheap car at that money. I reckon it will lose more than it will cost you over 3 years.
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      01-04-2013, 04:42 PM   #11
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A Boxster at 299 sounds a tasty proposition.
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      01-04-2013, 04:49 PM   #12
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Quote:
Originally Posted by Josh1a1h View Post
so how does this work exactly?

You pay an initial deposit, then 36 monthly payments of 579+VAT and then after the 3 years is up, you give it back or take on a new lease?

I assume in that time, all servicing etc... is taken care of by BMW?

:embarrassed:
Replace or with and.

This is a contract hire deal, you can't own it at the end.

BMW will have sold it at cost and agreed to buy it back at a price they know they can sell it at, the contract hire firm will make their money through the interest on the lending.

Maintainance will not be included, unless stated.

Buying expensive metal for cash is the dumb move these days.

My old man has just been offered an S350cdi for 339 a month on a 6+35 deal.
If he bought a 5 year old one for 25k he would loose more than that a month, however, he still likes to 'own' his cars so he is not sure!!

He has never kept a car for longer than 3 years, so he is only ever borrowing them, that's the way I view it.
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      01-04-2013, 04:51 PM   #13
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Yeah, it was a limited offer. £259 for a boxster and £299 for the S. It was a 2 year deal, 10k miles and a £900 deposit.
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      01-04-2013, 06:17 PM   #14
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Stop it stop it stop it! It's too tempting
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      01-04-2013, 09:44 PM   #15
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Wow this is really tempting stuff!!!!
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      01-04-2013, 09:50 PM   #16
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Quote:
Originally Posted by scottc View Post
Yeah, it was a limited offer. £259 for a boxster and £299 for the S. It was a 2 year deal, 10k miles and a £900 deposit.
Why do I always learn about these deals when they are ended!
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      01-05-2013, 03:14 AM   #17
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The Boxster deal is incredible, the M5 deal is still a heavy monthly commitment at over 700 per month for 3 years.
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      01-05-2013, 04:36 AM   #18
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We should get a thread started where we just update it with good lease deals cause I'm looking daily too. The boxer s one is a cracking deal, presume it has ended?
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      01-05-2013, 06:11 AM   #19
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Great idea! Someone kick it off!

I've seen SLK250 cdi for £220+ vat recently.
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      01-05-2013, 06:41 AM   #20
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Mercedes are forever having really good cheap lease deals. I am thinking of going for an E Class sport auto estate on a PCH later this year, at 284 per month for a 2 year lease (ok it's 9 payments up front) it's a steal. That's 9000 over 2 years which is good value. Only 1 service required, tax included, and at the miles my wife drives it will probably never need tyres.
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      01-05-2013, 11:09 AM   #21
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Quote:
Originally Posted by Masterplan View Post
We should get a thread started where we just update it with good lease deals cause I'm looking daily too. The boxer s one is a cracking deal, presume it has ended?
Yeah great idea, I always seem to miss the good deals also, well they seem to come up when I'm not looking anyway!!!

Wish I could afford the m5 lease seems a bargain!
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      01-05-2013, 12:10 PM   #22
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Which other companies are good for deals? After a 640d....
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