E90Post
 


 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > UK > How many members are taking delivery 1st Sept?



Reply
 
Thread Tools Search this Thread
      08-28-2007, 03:17 AM   #23
dxb335d
The Tarmac Terrorist
dxb335d's Avatar
England
381
Rep
29,290
Posts

 
Drives: E46 M3 CS
Join Date: Mar 2007
Location: ''Fandango Towers''

iTrader: (3)

Garage List
Quote:
Originally Posted by sheps View Post
Heinz all the way
nice one buddy! does that mean you wont be able to drive her till 1st??? are they delivering to your house?


Carlos
__________________
M3 gone .... But I now have a M3 CS
Appreciate 0
      08-28-2007, 03:21 AM   #24
sheps
Colonel
sheps's Avatar
United Kingdom
30
Rep
2,396
Posts

 
Drives: C63 AMG
Join Date: Feb 2007
Location: Cambs, UK

iTrader: (2)

Send a message via MSN to sheps
Yeah, they are delivering to my house this Friday (31st) so I have to be patient and wait until the following morning before I go for a spin. Depending on what time they get here I may have the Zymol gear at the ready and spend the rest of Friday getting it looking A1 for the following morning.
__________________
Gone but not forgotten:
325i M Sport (E92), Black Sapphire, Coral Red Dakota, 19" 225's, Seat Heating, 6FL and de-badge

Replaced by 6.2 litres of AMG powered C class.
Appreciate 0
      08-28-2007, 03:23 AM   #25
dxb335d
The Tarmac Terrorist
dxb335d's Avatar
England
381
Rep
29,290
Posts

 
Drives: E46 M3 CS
Join Date: Mar 2007
Location: ''Fandango Towers''

iTrader: (3)

Garage List
Quote:
Originally Posted by sheps View Post
Yeah, they are delivering to my house this Friday (31st) so I have to be patient and wait until the following morning before I go for a spin. Depending on what time they get here I may have the Zymol gear at the ready and spend the rest of Friday getting it looking A1 for the following morning.

well get some pics up as soon as she arrives, and dont hesitate to tell us whether the torch is in your new vehicle

Carlos
__________________
M3 gone .... But I now have a M3 CS
Appreciate 0
      08-28-2007, 03:31 AM   #26
sheps
Colonel
sheps's Avatar
United Kingdom
30
Rep
2,396
Posts

 
Drives: C63 AMG
Join Date: Feb 2007
Location: Cambs, UK

iTrader: (2)

Send a message via MSN to sheps
Well, under normal circumstances I'd be too busy driving to photograph, but on the basis that I can't, I'll have photos up within 5 minutes of the truck leaving
__________________
Gone but not forgotten:
325i M Sport (E92), Black Sapphire, Coral Red Dakota, 19" 225's, Seat Heating, 6FL and de-badge

Replaced by 6.2 litres of AMG powered C class.
Appreciate 0
      08-28-2007, 07:09 AM   #27
peterg1965
Brigadier General
peterg1965's Avatar
United Kingdom
56
Rep
4,138
Posts

 
Drives: MY12 Range Rover Sport HSE
Join Date: May 2007
Location: The place of dark satanic mills, UK

iTrader: (0)

4 days to go !

Just had the Business manager on the phone, fortunately my finance which was agreed back in early July is not affected by the rise in Interest rates and payments remain unchanged. He did his best to beat my quotes from car2cover.co.uk on GAP and tyre insurance. He has offered 2 year tyre insurance for £145 (max 4 tyres no excess) which I thought was a decent price (they don't do 3 year cover for some reason!) and accepted, his GAP quote (RTI I assume)was £275 for three year cover, cheapest I got from t'internet was £210 but I think he did well seeing as he wanted £540 in Sep last year for my 320d. I think I might accept his GAP as I can do it over 12 months interest free!
Appreciate 0
      08-28-2007, 07:18 AM   #28
miopyk
First Lieutenant
miopyk's Avatar
United Kingdom
4
Rep
351
Posts

 
Drives: 987 Boxster & R56 Cooper S
Join Date: Oct 2006
Location: UK

iTrader: (0)

Anticipating delivery of the wife's new Cooper S on Friday evening.

Anticipating wooping it's arse off round some country lanes at 12.01am Saturday morning.

Miopyk
Appreciate 0
      08-28-2007, 07:19 AM   #29
mjh93sa
Major General
mjh93sa's Avatar
England
59
Rep
5,079
Posts

 
Drives: M135i
Join Date: Dec 2005
Location: Gloucestershire

iTrader: (0)

Garage List
I had the business manager chasing last week, but he still can't get the interest charges down low enough. He's gone down to 8.5% with some new incentive, but the deposit is also down so it doesn't save that much.

No tyre cover offered despite asking, and his RTI quote is well up on yours at £400. He did also mention that BMW shortfall is now covering up to £25k rather than only £20k as it used to be.
__________________

Gone: Fiesta - Focus - E46 320dSE - E91 330dMSport - E82 135iMSport - R55 JCW Clubman
Now: M135i with lots of toys
Appreciate 0
      08-28-2007, 07:23 AM   #30
peterg1965
Brigadier General
peterg1965's Avatar
United Kingdom
56
Rep
4,138
Posts

 
Drives: MY12 Range Rover Sport HSE
Join Date: May 2007
Location: The place of dark satanic mills, UK

iTrader: (0)

Quote:
Originally Posted by mjh93sa View Post
I had the business manager chasing last week, but he still can't get the interest charges down low enough. He's gone down to 8.5% with some new incentive, but the deposit is also down so it doesn't save that much.

No tyre cover offered despite asking, and his RTI quote is well up on yours at 400. He did also mention that BMW shortfall is now covering up to 25k rather than only 20k as it used to be.
Must admit Matt that I failed to ask him how much the RTI covered, 20K would be fine as long as it covers all factory fit options as well, I assume it must do. My interest rate is 9.5% so he is clearly making his money on the car finance as opposed to the RTI/Tyre.

I can't believe the variation on GAP prices across the various providers (online and BMW). Clearly the profit margins are high for some.
Appreciate 0
      08-28-2007, 08:31 AM   #31
NFS
Major General
NFS's Avatar
United Kingdom
113
Rep
9,216
Posts

 
Drives: 335i m-sport LCI
Join Date: Jul 2006
Location: UK

iTrader: (0)

Quote:
Originally Posted by mjh93sa View Post
I had the business manager chasing last week, but he still can't get the interest charges down low enough. He's gone down to 8.5% with some new incentive, but the deposit is also down so it doesn't save that much.

No tyre cover offered despite asking, and his RTI quote is well up on yours at 400. He did also mention that BMW shortfall is now covering up to 25k rather than only 20k as it used to be.
Your dealers are still showing more interest than mine did.

Mine told me that they no longer offered tyre insurance .. and the GAP quote was about 650

I told them that was about 3 times the prices on the internet and their response was that their cover was 'really good, but expensive'.

They made no effort to re-quote at all
__________________
Appreciate 0
      08-28-2007, 10:17 AM   #32
mjh93sa
Major General
mjh93sa's Avatar
England
59
Rep
5,079
Posts

 
Drives: M135i
Join Date: Dec 2005
Location: Gloucestershire

iTrader: (0)

Garage List
Looking through a few RTI suppliers. You do have to watch the smallprint.

From Hitachi Capital Finance's exclusions:
Any loss for additional purchases at the time of purchase of the Vehicle, including but not limited to Road Fund Licence, insurance premiums, including this policy, optional extras; car mats, CD players etc
__________________

Gone: Fiesta - Focus - E46 320dSE - E91 330dMSport - E82 135iMSport - R55 JCW Clubman
Now: M135i with lots of toys
Appreciate 0
      08-28-2007, 11:14 AM   #33
squeezebm
Colonel
29
Rep
2,652
Posts

 
Drives: Audi
Join Date: Mar 2007
Location: Notts

iTrader: (0)

Quote:
Originally Posted by peterg1965 View Post
Must admit Matt that I failed to ask him how much the RTI covered, 20K would be fine as long as it covers all factory fit options as well, I assume it must do. My interest rate is 9.5% so he is clearly making his money on the car finance as opposed to the RTI/Tyre.

I can't believe the variation on GAP prices across the various providers (online and BMW). Clearly the profit margins are high for some.
Pete,did he not mention colour change
Appreciate 0
      08-28-2007, 11:38 AM   #34
peterg1965
Brigadier General
peterg1965's Avatar
United Kingdom
56
Rep
4,138
Posts

 
Drives: MY12 Range Rover Sport HSE
Join Date: May 2007
Location: The place of dark satanic mills, UK

iTrader: (0)

Quote:
Originally Posted by squeezebm View Post
Pete,did he not mention colour change
Squeeze you need to be on the stage, you're so funny. He did mention that Sparkly Grafitti was going to be discontinued!!
Appreciate 0
      08-29-2007, 03:12 AM   #35
peterg1965
Brigadier General
peterg1965's Avatar
United Kingdom
56
Rep
4,138
Posts

 
Drives: MY12 Range Rover Sport HSE
Join Date: May 2007
Location: The place of dark satanic mills, UK

iTrader: (0)

Quote:
Originally Posted by mjh93sa View Post
He did also mention that BMW shortfall is now covering up to 25k rather than only 20k as it used to be.
The BMW website indicates that 'Shortfall' insurance (ie GAP) only covers up to a maximum 17,500. Is this a case of the website being out of date? I should call the BM and ask but I can't be bothered!
Appreciate 0
      08-29-2007, 03:20 AM   #36
silverbmwz3
Colonel
23
Rep
2,021
Posts

 
Drives: E90 335d wheelbarrow
Join Date: Mar 2007
Location: Buckinghamshire, UK

iTrader: (0)

Garage List
I don't know why people bother with shortfall insurance, just get a policy that gives you a new car + extras in first year if you have a write-off/its nicked. In 2nd year, who cares - you had a 2 year old car, they give you the money for market value of a 2 year old car and you go out and buy a 2 year old car. ?????

As far as I'm concerned its designed to make you BETTER off than you were in the event of an accident/theft. In that case you may as well go out and buy several hundred quids worth of lottery tickets, there's a bigger prize and probably just as much odds that you'll actually use it (ok perhaps that's a bit of an exageration).
__________________
Current: E90 335d (May 2007) | Black/Black | Prof Hifi | Prof Nav | 6FL | Fully Electric Seats | Xenons | Folding Mirrors | PDC
Previous: 325ci Conv. Black/Black with lots of ACS
Previous: z3 3.0 Silver with Black&Red Leather
Appreciate 0
      08-29-2007, 03:56 AM   #37
Z4 Beemer
Colonel
Z4 Beemer's Avatar
Scotland
34
Rep
2,353
Posts

 
Drives: 2009 Z4 sDrive 23i
Join Date: Oct 2005
Location: Glasgow, Scotland, UK

iTrader: (0)

Garage List
2006 E92  [0.00]
2004 Z4 2.2i  [0.00]
Send a message via MSN to Z4 Beemer
Quote:
Originally Posted by peterg1965 View Post
4 days to go !

Just had the Business manager on the phone, fortunately my finance which was agreed back in early July is not affected by the rise in Interest rates and payments remain unchanged.
Glad to hear it. I was in the same situation 3 years ago with the Z4, when the Business Manager was banging away on the calculator trying to work out how good a deal I had got, and how much they would lose out, since I also arranged the finance about four months before (and there was a slight rise in interest rates!)

NOt long to go now!
__________________
E89 Z4 sDrive 23i... for the more discerning driver
Appreciate 0
      08-29-2007, 04:03 AM   #38
NFS
Major General
NFS's Avatar
United Kingdom
113
Rep
9,216
Posts

 
Drives: 335i m-sport LCI
Join Date: Jul 2006
Location: UK

iTrader: (0)

Quote:
Originally Posted by silverbmwz3 View Post
I don't know why people bother with shortfall insurance, just get a policy that gives you a new car + extras in first year if you have a write-off/its nicked. In 2nd year, who cares - you had a 2 year old car, they give you the money for market value of a 2 year old car and you go out and buy a 2 year old car. ?????

As far as I'm concerned its designed to make you BETTER off than you were in the event of an accident/theft. In that case you may as well go out and buy several hundred quids worth of lottery tickets, there's a bigger prize and probably just as much odds that you'll actually use it (ok perhaps that's a bit of an exageration).
I agree.
__________________
Appreciate 0
      08-29-2007, 04:06 AM   #39
peterg1965
Brigadier General
peterg1965's Avatar
United Kingdom
56
Rep
4,138
Posts

 
Drives: MY12 Range Rover Sport HSE
Join Date: May 2007
Location: The place of dark satanic mills, UK

iTrader: (0)

Quote:
Originally Posted by needforspeed View Post
I agree.
mmmmmmmmmmmm, maybe I should have a rethink and save myself a few beer tokens

I always like to hear both sides of the argument and get a balanced view!
Appreciate 0
      08-29-2007, 04:12 AM   #40
silverbmwz3
Colonel
23
Rep
2,021
Posts

 
Drives: E90 335d wheelbarrow
Join Date: Mar 2007
Location: Buckinghamshire, UK

iTrader: (0)

Garage List
If NFS agrees then it is right. He speaks fluent finance
__________________
Current: E90 335d (May 2007) | Black/Black | Prof Hifi | Prof Nav | 6FL | Fully Electric Seats | Xenons | Folding Mirrors | PDC
Previous: 325ci Conv. Black/Black with lots of ACS
Previous: z3 3.0 Silver with Black&Red Leather
Appreciate 0
      08-29-2007, 07:07 AM   #41
mjh93sa
Major General
mjh93sa's Avatar
England
59
Rep
5,079
Posts

 
Drives: M135i
Join Date: Dec 2005
Location: Gloucestershire

iTrader: (0)

Garage List
Quote:
Originally Posted by peterg1965 View Post
The BMW website indicates that 'Shortfall' insurance (ie GAP) only covers up to a maximum 17,500. Is this a case of the website being out of date? I should call the BM and ask but I can't be bothered!
I got him to print out all the terms and conditions before I'd even consider looking at a quote. It definately states it's for up to 25k.
__________________

Gone: Fiesta - Focus - E46 320dSE - E91 330dMSport - E82 135iMSport - R55 JCW Clubman
Now: M135i with lots of toys
Appreciate 0
      08-29-2007, 07:22 AM   #42
mjh93sa
Major General
mjh93sa's Avatar
England
59
Rep
5,079
Posts

 
Drives: M135i
Join Date: Dec 2005
Location: Gloucestershire

iTrader: (0)

Garage List
Quote:
Originally Posted by silverbmwz3 View Post
I don't know why people bother with shortfall insurance, just get a policy that gives you a new car + extras in first year if you have a write-off/its nicked. In 2nd year, who cares - you had a 2 year old car, they give you the money for market value of a 2 year old car and you go out and buy a 2 year old car. ?????

As far as I'm concerned its designed to make you BETTER off than you were in the event of an accident/theft. In that case you may as well go out and buy several hundred quids worth of lottery tickets, there's a bigger prize and probably just as much odds that you'll actually use it (ok perhaps that's a bit of an exageration).
I agree though it depends on personal cirucmstance and acceptance of risk. In the first year it's pretty much a complete waste of time as your insurers would replace the car with new. All it covers is your excess (policy provider dependant). In later years it is a little more meaningful.

If you're tied into something like a PCP and effectively don't have any equity in the car then you could get into the situation of having the car witten off, and getting nothing back. In this case you could argue that it would at least get you back into a car.

What it is more like is a lottery ticket for the third and fourth years in case the worst happens. Clearly if you change every couple of years it's a complete waste. If you change less frequently, then maybe you accept the price as safeguard against the risk. It's all personal choice.
__________________

Gone: Fiesta - Focus - E46 320dSE - E91 330dMSport - E82 135iMSport - R55 JCW Clubman
Now: M135i with lots of toys
Appreciate 0
      08-29-2007, 07:58 AM   #43
silverbmwz3
Colonel
23
Rep
2,021
Posts

 
Drives: E90 335d wheelbarrow
Join Date: Mar 2007
Location: Buckinghamshire, UK

iTrader: (0)

Garage List
"as your insurers would replace the car with new"

Not necessarily...worth checking policy wording. I found mine wouldn't, or if they did, wouldn't include the 5k+ of options in that. I found one that would. Many will just give "market value" which even in first year is a considerable chunk less than new cost.

I hadn't thought of the excess in the first year, but then it is probably a money swap pound for pound with the amount of the premium they would charge for Gap insurance.

You mention risk a few times, but this doesn't seem to be about protecting risk to me. "I'd like to protect against the risk of my 3 year old car being stolen/written off by buying a policy that replaces it with a new one" ?! FULLY COMP INSURANCE is about risk, this is about getting you to a better position than you were in when you had the accident/theft. Generally insurance doesn't do "betterment" but these policies seem to be just that.

To me they are a bit like extended warranties.... generally don't touch them with a barge pole as they are a money making scheme.
__________________
Current: E90 335d (May 2007) | Black/Black | Prof Hifi | Prof Nav | 6FL | Fully Electric Seats | Xenons | Folding Mirrors | PDC
Previous: 325ci Conv. Black/Black with lots of ACS
Previous: z3 3.0 Silver with Black&Red Leather
Appreciate 0
      08-29-2007, 10:19 AM   #44
NFS
Major General
NFS's Avatar
United Kingdom
113
Rep
9,216
Posts

 
Drives: 335i m-sport LCI
Join Date: Jul 2006
Location: UK

iTrader: (0)

Quote:
Originally Posted by silverbmwz3 View Post
"as your insurers would replace the car with new"

Not necessarily...worth checking policy wording. I found mine wouldn't, or if they did, wouldn't include the 5k+ of options in that. I found one that would. Many will just give "market value" which even in first year is a considerable chunk less than new cost.

I hadn't thought of the excess in the first year, but then it is probably a money swap pound for pound with the amount of the premium they would charge for Gap insurance.

You mention risk a few times, but this doesn't seem to be about protecting risk to me. "I'd like to protect against the risk of my 3 year old car being stolen/written off by buying a policy that replaces it with a new one" ?! FULLY COMP INSURANCE is about risk, this is about getting you to a better position than you were in when you had the accident/theft. Generally insurance doesn't do "betterment" but these policies seem to be just that.

To me they are a bit like extended warranties.... generally don't touch them with a barge pole as they are a money making scheme.
I still agree

Your insurers will give you a 'market value' for your car.

GAP insurance is founded on a 'false' premise of a car as an asset with a fixed value.

So you buy a £30K car and if it's written off at any stage during the term of the policy you get a £30K to replace it.

However the reality is that a car depreciates from the moment you buy it. If you ran your personal life as you would a business, then you wouldn't have it on your balance sheet at invoice value. Instead you would be writing it down on a regular basis.

If you get £30K insurance settlement for a car with a 'balance sheet' value of £20K then you are technically adding £10k to your 'profit and loss' account.

Return to Invoice cover is more like a lottery that pays out if your car is written off than genuine insurance. It's also expensive.

It's nothing to do with tolerance to risk, because there is no true financial risk without gap insurance.

However, it's not as bad as extended warranties ... which really make my blood boil.
__________________
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 08:15 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST