[Vaheed1]

Hi all,

My brother e-mailed me a bunch of BMW PCP deals he has coming up shortly, and I thought I would share them with y'all - just incase you're thinking of changing soon. I'm not even too sure if I can do this here...but here goes. These deals are for both business and personal - just add the VAT to the monthly figure for personal prices.

BMW M3 DCT Convertible: Comes with the Media Pack and 19" alloys. Choice of colours and leather/xenons etc are standard: 24 month deal with a £3,000 + Vat deposit. 8k pa limit - £399 + VAT pcm.

BMW M5 DCT - £489 + vat - 6 month deposit - 24 month deal and 8k pa limit.

BMW 730d SE - £435 + vat - 6 month deposit - 36 month deal 8k pa limit.

BMW 640d M Sport Gran Coupe - £479 + vat - 6 month deposit - 24 month deal - 8k pa limit

BMW 640d SE - £399 + vat - 6 month deposit - 24 month deal - 8k pa limit; or £449 + vat - 6 month deposit and 10k pa limit - that's a 36 month deal.

send me a PM if you're interested and i can pass it on. These are no good to me, as the mileage limit isn't anywhere near big enough and beyond what I want to pay for my next car. However, I'm sure he could re-quote for desired mileage - other extras.

[scooba0010]

Hi

I would be interested on a Cash price for a 4 Series 330d Auto in mineral grey with coral leather

[xs2man]

Nice deals there. Big fan of both the M deals. Could be tempted next time. Would love an M5.

Just now though, would only be looking for a 530d M Sport Touring

[rogerxp]

Both the M3 & M5 deals are stunning. I know people who have taken on these deals and Im extremely jealous!!

I keep trying to work out to shove one through work but unfortunately my Co-Director isn't like minded!!

[225_AB]

Will be looking for a deal next June when my 640 contract hire deal ends if your brother is still in the same business then might contact you.

[jimmylimmy]

A shame the mileage allowance is so low

[davyk31]

Are these not lease rather than PCP?

Are they BMW deals or independent broker?

[Vaheed1]

Originally Posted by doc_ab

Will be looking for a deal next June when my 640 contract hire deal ends if your brother is still in the same business then might contact you.

Doc, I'll be in the same business by then. By all means contact me.

[Vaheed1]

Originally Posted by davyk31

Are these not lease rather than PCP?

Are they BMW deals or independent broker?

Yes, lease. I'm under the impression they both have the same principle. As far as I know, these deals are only available to some independent brokers, as BMW are finding the middle men to get shot of unregisted stock before the facelifts come out.

I checked lings last week and even she can't give these prices...but I think she's a bit expensive anyway.

[Vaheed1]

Originally Posted by jimmylimmy

A shame the mileage allowance is so low

I might have been persuaded if they would stretch to 10k

[davyk31]

Quite a difference between a lease contract and a PCP!

[ian_m]

about £3000 + VAT up front and an allowance of 21 miles per day.
a good deal for who ??

a reasonable drive out for a day and you're off the road for a week because you'll bust the mileage allowance

[dopper99]

Originally Posted by Vaheed1

I might have been persuaded if they would stretch to 10k

Its not the end of the world. Whats the penalty for doing over the miles? Say its 20p a mile and you do 2K miles over the allotted amount (ie 10K miles a year) then you'd owe them £400 (per year). Or just a bit less than one extra monthly payment.

You need to find out how much the penalty is per mile and it might be worth paying the extra.

[Vaheed1]

Originally Posted by davyk31

Quite a difference between a lease contract and a PCP!

I'm merely an apprentice. Give me time

[Vaheed1]

Originally Posted by dopper99

Its not the end of the world. Whats the penalty for doing over the miles? Say its 20p a mile and you do 2K miles over the allotted amount (ie 10K miles a year) then you'd owe them £400 (per year). Or just a bit less than one extra monthly payment.

You need to find out how much the penalty is per mile and it might be worth paying the extra.

I'm not sure how the extra allowance of miles works. If BMW want the car back with 8k in the clock, then doesn't that mean they have a set value of the car to offer back to the AUC market? Doing an extra 2,000 miles might make a bigger impact to the depreciation than just £400? There might be more severe penalties for breaking the contract?

[jimmylimmy]

8000 is way too low - if you use it Mon - Fri, you better work less than 15 miles from home!

I imagine the penalties for going 6-7k over would be huge

[dar2008]

So, to lease a new M3 for two years, it will cost me:

£3600 up front
£11,500 in monthly payments

So that's £7,500 a year, or £625 a month with Nothing to show for it after 2years.

Think I'll stick with my 5year old M3 (which is paid for).

Wow!

[rogerxp]

Originally Posted by Vaheed1

Doc, I'll be in the same business by then. By all means contact me.

Change of direction Vaheed or are you keeping the catering business running alongside??

Originally Posted by dar2008

So, to lease a new M3 for two years, it will cost me:

£3600 up front
£11,500 in monthly payments

So that's £7,500 a year, or £625 a month with Nothing to show for it after 2years.

Think I'll stick with my 5year old M3 (which is paid for).

Wow!

Not the fairest of comparisons thought is it. Firstly, I'd imagine most people in a 5 year old M3 will still be paying finance on it, so it's not £625 vs £0. Secondly, you get road tax included in a lease for over 2 years there's £1k saving, £1.5k over 3 years. Thirdly, I'd imagine you're either out of warranty or buying extended warranty in a 5 year old motor (I imagine you're the latter) which will be, mmm, £650p/a on an M3 at least (wouldn't surprise me if nearer £1k p/a in fact), so another cost of ownership of used vs lease deal on a brand new car.

Basically, if you're in the market for a brand new £60k+ car, these stupid lease deals are by far the cheapest way of ownership and especially as risk/hassle free. Or, to put it another way, this lease deal will cost you £15k over 2 years - I bet you'd lose £20k the moment you drive a new M3 off the forecourt.

I'm so so so tempted to snap up one of these deals or more likely the M5 deal which is more stupid too.

Off my soap box now

[dar2008]

Originally Posted by rogerxp

Not the fairest of comparisons thought is it. Firstly, I'd imagine most people in a 5 year old M3 will still be paying finance on it, so it's not £625 vs £0. Secondly, you get road tax included in a lease for over 2 years there's £1k saving, £1.5k over 3 years. Thirdly, I'd imagine you're either out of warranty or buying extended warranty in a 5 year old motor (I imagine you're the latter) which will be, mmm, £650p/a on an M3 at least (wouldn't surprise me if nearer £1k p/a in fact), so another cost of ownership of used vs lease deal on a brand new car.

Fair points and some I hadn't considered. Didn't realise road tax would be included. Yes, my car is out of warranty, but as I only do <5k a year, I haven't bothered with the 1k per annum extended - been ok so far! And actually, when I think about it, even if I take my car's current resale value into consideration, it's so far cost me 9k a year (plus road tax!), so perhaps you do have a point! Still, I don't plan on selling it, so with every year it works out cheaper...

[rogerxp]

Originally Posted by dar2008

Fair points and some I hadn't considered. Didn't realise road tax would be included. Yes, my car is out of warranty, but as I only do <5k a year, I haven't bothered with the 1k per annum extended - been ok so far! And actually, when I think about it, even if I take my car's current resale value into consideration, it's so far cost me 9k a year (plus road tax!), so perhaps you do have a point! Still, I don't plan on selling it, so with every year it works out cheaper...

Absolutely. Most lease deals it's a fair bit closer figures-wise but these ridiculous deals mean it's very 'cheap' motoring compared to other ways to finance cars. They also tend to be on the fruity stuff that have a smaller market (or end of line like the M3). Would love one but not the best timing for me - I'll have to wait for the M4 .

[davyk31]

Not being an expert on an M5 are there any extras that need added or is it already well specced.

Still about £17500 for 2 years motoring but strangely tempting.

[rogerxp]

Originally Posted by davyk31

Not being an expert on an M5 are there any extras that need added or is it already well specced.

Still about £17500 for 2 years motoring but strangely tempting.

Remember M3 FST, he's got an order in for one (having bailed on the current E93 M3 deal), he's only added 20" wheels, sun protection glass & upgraded stereo from memory. They're pretty loaded already. His has worked out at something like £510+vat p/m. His mate has ordered a mirror imagine one too. He nearly persuaded me to join the party but chickened. There was some quirk to the wheels, as he changed something last minute to these, as the wheels didn't impact too much on cost as they increased the resale value whereas other options don't so you divide the cost by the number of months of the lease i.e. you pay fully some options. He got his local BMW dealer to match the lease deal as think this quirk only work on the BMW system (lease companies don't have the facility to increase the future guaranteed value). Something like this. Initially the dealer, who he knows, couldn't match the price, but when 2 were being ordered they could better the deal.