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Author End of production. Spanner in the works.
cpcrampton
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Registered: 16th Feb 07
Location: Stirling
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8th Jul 13 at 18:55   View User's Profile U2U Member Reply With Quote

http://www.pistonheads.com/news/default.asp?storyId=28049

Well that's the plan of leasing one out the window come December iv went right off the plan of buying a 2nd hand one as well.

Any ideas of the prices you would expect to pay for a new m4 on lease ? Guessing it will be a way and beyond the circa £500 you could get the e9x m3 .
Jambo
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Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
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8th Jul 13 at 18:59   View User's Profile U2U Member Reply With Quote

Deals where still around the other day.

Just do it now.
Corsa_Sport21
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Registered: 13th Apr 08
Location: Leven, Fife. Drives : 205 GTi
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8th Jul 13 at 19:01   View User's Profile U2U Member Reply With Quote

Are they made to order, or big sellers??

Probably still have quite a few of them on the forecourts in 4 months time i would have thought.
cpcrampton
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Registered: 16th Feb 07
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8th Jul 13 at 19:02   View User's Profile U2U Member Reply With Quote

Waiting until December - financial commitments etc , just bought a house as well.
Toby
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8th Jul 13 at 19:25   View Garage View User's Profile U2U Member Reply With Quote

Have you seen some of the dealer contributions and final GFVs some people are getting on these. Looked at then the other week but still couldn't stomach paying 18/20k to rent a car for 3 years.
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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8th Jul 13 at 19:38   View User's Profile U2U Member Reply With Quote

I reckon you'll get new nearly new in December if they're not "made to order".

You can still "lease" Approved Used.
cpcrampton
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Registered: 16th Feb 07
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8th Jul 13 at 19:44   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Toby
Have you seen some of the dealer contributions and final GFVs some people are getting on these. Looked at then the other week but still couldn't stomach paying 18/20k to rent a car for 3 years.


At the end of the day, buying a car of this kind it is inevitable you will loose money. Unless of course you keep it so long it becomes a classic.
These lease deals are hassle free motoring IMO.

What is gfv ? You either hand it back or take your gfv minus what you owe on finance then hey presto you end up with a deposit for next car ?
Toby
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8th Jul 13 at 20:17   View Garage View User's Profile U2U Member Reply With Quote

Yeah the question for me was it worth spending 25k+ (car i specced was 70k ish - on the basis I could a get deal similar to what was had on piston heads such as 15k dealer contributions etc) when you could pick up a second hand car for 30k and maybe on lose 10k in that time. And the answer was no for me. Good for you if you can.

My plan would have been to sell it 3 years old for circa 30k to try an claw back some of my initial deposit over what I owed on it.

Guaranteed Final Values that are higher are enter as chances are you will owe less than what they will give you back for handig the car back.


[Edited on 08-07-2013 by Toby]
John
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8th Jul 13 at 20:21   View User's Profile U2U Member Reply With Quote

Is that what they cost new, 70k
Toby
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8th Jul 13 at 20:26   View Garage View User's Profile U2U Member Reply With Quote

I think list with DCT was 62k. With the competition pack and a few other toys I was up around 68k.

Only took mine in for a service as well.

Though you do get a 5 year service plan etc so it is literally hassle free bar consumables etc.
Graham88
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Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
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8th Jul 13 at 22:27   View User's Profile U2U Member Reply With Quote

As much as I really like them and how they look, I don't think I'd own one. I actually prefer the S range in Audi if I was to spend that sort of money.
Colin
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10th Jul 13 at 08:09   View User's Profile U2U Member Reply With Quote

If theres no PCP incentives & you really want one then buy early (2007-2008) used, cos the values going to start tumbling on more recent ones.
Ian
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10th Jul 13 at 09:22   View Garage View User's Profile U2U Member Reply With Quote

If you want a new BMW M coupe and the M4 replaces the M3, would you not just buy an M4?
cpcrampton
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10th Jul 13 at 18:59   View User's Profile U2U Member Reply With Quote

The m4 will be a bit more expensive and I double il be able to find one for 500/month with 3k down.
Toby
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10th Jul 13 at 21:01   View Garage View User's Profile U2U Member Reply With Quote

The reason why the m3 was a good shout was the 0% interest on the lease.

Were you only looking at putting 3k down? Thought min was 6k? Payments would have been more than 500 even over 4 years surely?
Jambo
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Registered: 8th Sep 01
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10th Jul 13 at 21:51   View User's Profile U2U Member Reply With Quote

This for a daily commute car?

That's a shit load of money that could buy a sensible daily and then a fantastically interesting car.

Something a bit more special
Toby
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11th Jul 13 at 06:12   View Garage View User's Profile U2U Member Reply With Quote

Well the until a deal was for 10k pa Jambo so most people would struggle to commute on that. When I had a quote I priced mine on 20k.

It is a lot of money (too much in the end for me - I'm currently looking at cayman s sport which is going to cost the same per month but I'm going to end up owning a car which should still be worth 20k when I've finished) but for the hassle free motoring, free servicing, warranty, tyres etc for a brand new car which could cost a hell of a lot if it was to go Pete tong second hand.

Personally thinking with my head a manual version would have been the better investment as I would imagine that there will be quite a demand from the purists who still want the V8 and the manual as its 'the drivers car' which should help retain prices even though we would have the M4




[Edited on 12-07-2013 by Toby]
cpcrampton
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11th Jul 13 at 07:58   View User's Profile U2U Member Reply With Quote

http://www.contracthireandleasing.com/car-leasing-companies/independent-brokers/aberdeen-motoring-solutions/bmw/m3/14101527/

There was a coupe deal for 479 including vat. 10K miles per annum and 3.4k down over 24 months, but all the deals seem to have dropped off the end of the earth after last week.

[Edited on 11-07-2013 by cpcrampton]
Graham88
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12th Jul 13 at 02:26   View User's Profile U2U Member Reply With Quote

There is no way I could pay £500 a month and never own it
Colin
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12th Jul 13 at 06:20   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Graham88
There is no way I could pay £500 a month and never own it


It's just depreciation!
Graham88
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Registered: 16th Apr 07
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13th Jul 13 at 04:39   View User's Profile U2U Member Reply With Quote

On a new car I suppose your right, but then I'd never own a new car cause I couldn't stomach the depreciation either

 
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