[BIGTIME]

I am thinking of leasing a new M3 for 3 years (max 24k miles)and am budgeting for this. Please can someone confirm the servicing costs and schedules. I will have to pay for the 1200 miles service. I will get the 3 years road tax for free.

Also, will I have to change the front tyres in 24k miles? I was thinking I'll have to change the rears twice or will I get away with once?

[creepy coupe]

You will be luck to get 12+ k from a set of tyres BT. Keep in mind they will need to be legal come hand back time. Budget between £1000 and £1200 a set.

Running in service £365 if they supply the oil. More if it's a manual car as they change the gearbox oil.

First service 15k is oil only and works out about £300 again if they supply oil.

You might get away with not having to have the second at 24k

Fuel £7300 over the 24k

Tracker. £140 a year + the cost of the device. There is only a couple of companies who will insure without.

After two years you will need a brake fluid change (not sure of cost)

[Chris100]

Only 8k miles a year, didn't think anyone done that few miles a year unless it was a second car. I would say that I do average miles a year and I still put about 12k on the car, can't honestly see how 8k is suitable mileage allowance.

[SenorFunkyPants]

Yes you will need two sets of rears and one set of fronts for 24k miles.

[Mart1000]

If your after an M3 but trying to budget your money, maybe your looking at the wrong car in the first place all it takes is something unseen to happen and fubar.

[creepy coupe]

Originally Posted by Mart1000

If your after an M3 but trying to budget your money, maybe your looking at the wrong car in the first place all it takes is something unseen to happen and fubar.

I think it's wise to ask. Nothing wrong with knowing the pitfalls.

[Mart1000]

I completely agree.

[BIGTIME]

Cheers for the comments. I am only asking to see if I can justify the cost rather than afford it. With the free road tax, running costs aren't going to be much higher than my 335i. My current car is 2 and a half years old and only has 15-16k miles so 8000 is planty enough for me .

Very interesting about the tracker. I might have to look into that.

[creepy coupe]

Originally Posted by BIGTIME

Cheers for the comments. I am only asking to see if I can justify the cost rather than afford it. With the free road tax, running costs aren't going to be much higher than my 335i. My current car is 2 and a half years old and only has 15-16k miles so 8000 is planty enough for me .

Very interesting about the tracker. I might have to look into that.

I came from a 335i and road tax aside. Like yours it's included in the deal. Fuel is the major extra cost. Insurance for me went up £100 and I had to switch companies.

I would have thought there were some major lease deals on the E9# M3 as they're near end of life models.

[xenon]

Originally Posted by Chris100

Only 8k miles a year, didn't think anyone done that few miles a year unless it was a second car. I would say that I do average miles a year and I still put about 12k on the car, can't honestly see how 8k is suitable mileage allowance.

That seems a bizzare conclusion to draw when you can't possibly know his individual circumstances.

From being in the horrors of the 35,000 mile-a-year brigade, my annual mileage is now about 6,000 if that. So in my case, and presumably the OP who should know these things as he's the one leasing it, 8,000 miles is honestly a suitable mileage allowance.

[mowflow]

I'm pretty sure Chris100 was just talking about the lease being offered at a weird figure (8K miles) rather than calling the OP a weirdo.

Common practice for them to set the mileage allowance lower than the common average as it's an easy way of making money for them.

[creepy coupe]

Originally Posted by mowflow

I'm pretty sure Chris100 was just talking about the lease being offered at a weird figure (8K miles) rather than calling the OP a weirdo.

I think it's more to do with them having low mileage cars at their desposal end of term and them being more desirable to sell on.

Mine is set to 10k. which I'm quickly finding out is too low for me. I can't stop driving the thing

I contacted BMW and asked if I could pay more per month and up the mileage allowance. they didn't want to know.

[BIGTIME]

Again thanks for the replies. I'll get some insurance quotes tomorrow as my current insurer (direct line) won't insure M3's. I only work 10 miles away and often can't take my car as I have to use a hire car for business so 8k miles is fine and it's only 14.75p per mile extra. The deal is free road tax £3.5k down and £600 per month for 35 months. The spec isn't the best - 19's, heated leather and media. I was thinking of getting the shadow line but don't think I'll bother.

I might put my car on here for £500 more than the part ex with no offers.

[Ant Man]

The running in service is referred to in the handbook as the 1st oil service.

The 2nd service is what is referred to as the 2nd oil service and includes cabin filters and air filter - or intake silencer in BMW speak

Brake fluid change is around £90 from BMW.

I reckon you'll need to change the fronts at least once but probably twice. 3 times for the rears.

[Chris100]

Originally Posted by mowflow

I'm pretty sure Chris100 was just talking about the lease being offered at a weird figure (8K miles) rather than calling the OP a weirdo.

Common practice for them to set the mileage allowance lower than the common average as it's an easy way of making money for them.

Exactly what I was referring to, I wasn't presuming to know this persons situation. 8k just seemed to be an odd figure, I've never seen that mileage figure quoted while I was looking for a new car and I have just spent the last two weeks helping a friend who was purchasing a new car and during that time we where in BMW Mercedes Audi and VW and the lowest mileage deal was always based on 10k

[merchomini]

any part that needs to be repalced is gonna cost more than normal bmw parts since they are all made in the m factory

[Boyd1963]

Originally Posted by Ant Man

The running in service is referred to in the handbook as the 1st oil service.

The 2nd service is what is referred to as the 2nd oil service and includes cabin filters and air filter - or intake silencer in BMW speak

Brake fluid change is around £90 from BMW.

I reckon you'll need to change the fronts at least once but probably twice. 3 times for the rears.

Why do the tyres wear out so quickly?

I got 33k out of both sets on my old 320i.

[Dele Z.]

I had an M3 before my 335i and it was a fantastic car but i notice you said new?

Seriously, just buy one a year old like i did, there are some fantastic cars that are a year old and arent even on 10k miles that have taken a big jump in depreciation

Let someone elses pain be your gain

Also, dont belive for a second it gets the 21mpg claimed or whatever the figure is, try like 14!

Most i got on it was a autoroute trip across france and even then that was only 25mpg

[BIGTIME]

MPG isn't an issue as like I said before I do less than £8k per year and only get 20 out of mine.

I initially wanted a second hand 2011 M3 for circa £40k but the monthly's are less on a new one. I know the new ones are less specced but as long as I have dct, privacy, media, heated leather and 19's I am happy. Mine has shadowline but I don't think I'll get this on the new one if I go ahead.

That's also why I was asking about servicing as if I get one a year old I'll have to budget for a big service in the region of £800 which looks like I'll miss on the new car deal .

It's ridiculous that it costs you more for a second hand car per month than a new one. I gave the salesmen the option and said I was completely open to having used or new.

[SenorFunkyPants]

I reckon 9-10k miles for the rears and around 18-20k miles for the fronts.
So if you budgeted for around £3000 over 3 year for tyres and service you wouldn't be far off.
There won't be any other hidden costs.

[creepy coupe]

Originally Posted by BIGTIME

It's ridiculous that it costs you more for a second hand car per month than a new one. I gave the salesmen the option and said I was completely open to having used or new.

That's because BMW are throwing 8-10k at new M3's. I bailed out of a 1 year old M3 after 5 months ownership, Because I could see they way they were going BS. I trousered to cash for the first M3 then leased a newun.


The car I sold is still on the dealer forecourt and the screen price is a £2800 less than they gave me.

http://www.bmw.co.uk/bmwuk/bmwauc/de...2-distance_ASC

The good thing about new cars, is you can have exactly what you want.

[BIGTIME]

Hope you feel guilty creepy . Did yours above have shadowline? Surely if they can knock 10k off a new one 2nd hand prices should reflect this.

Regarding insurance Admiral gave me a decent quote and I didn't need a tracker.