[335dMSport+]

As a few will have read, I managed to receive substantial discounts on my new 335d, far more than TRL and coast2coast could manage, 28% off total invoice.

I've been told by the salesman that he's happy for me to post his contact details publicly for others to benefit (and obviously himself!).

His name is Riaz Choudhury of Spire BMW in Watford - email: Riaz.choudhury@spireautomotive.com Tel:01923 298500

Obviously my final discount took some negotiating and he didn't offer this off the bat, however he will offer favourable discounts straight away if you mention this forum.

I receive nothing in commission, apart from a free umbrella and the hope that he manages to save you guys a few quid on your next car!

Good luck.

Chris.

[Notechy]

Hero!

[JustChris]

Nice one!

[drykoke]

Originally Posted by AlpineWhiteF30MSport

As a few will have read, I managed to receive substantial discounts on my new 335d, far more than TRL and coast2coast could manage, 28% off total invoice.

Good luck.

Chris.

Sorry for being a noobie, but what is TRL? I know about coast2coast online, but I haven't seen TRL mentioned before.

For past 13 years ownership of an E39 and then an E46 (before regretfully deserting the camp for a Seat Leon), I'm now really tempted to return to the flock with these great discounts.
Thanks for the money-saving tips!

[SkyJawa]

He's a member on here

[F30Andy]

Originally Posted by drykoke

Sorry for being a noobie, but what is TRL? I know about coast2coast online, but I haven't seen TRL mentioned before.

For past 13 years ownership of an E39 and then an E46 (before regretfully deserting the camp for a Seat Leon), I'm now really tempted to return to the flock with these great discounts.
Thanks for the money-saving tips!

I had a brand new limited edition Leon FR550 back in 08.

Good car at the time. Wouldn't like to go back to one though.

[NISFAN]

Better discounts are coming if you read the financial times. Euro is about to be printed in large numbers to help the economy, which will devalue it. As German cars are paid for in Euro, it can only get better for us.

Tough times ahead for Eurozone.

[gr4z]

Can he provide 28% discount for a 4GC??

[Nick the Greek]

Originally Posted by NISFAN

Better discounts are coming if you read the financial times. Euro is about to be printed in large numbers to help the economy, which will devalue it. As German cars are paid for in Euro, it can only get better for us.

Tough times ahead for Eurozone.

Not necessarily correct Gordon.

Large companies will hedge against currency movements, so it would be years rather than months that any impact is felt.

Secondly, many BMW are made outside the eurozone. For example the UK, USA, South Africa.

[MRPoisson]

Originally Posted by gr4z

Can he provide 28% discount for a 4GC??

Another sale here if he can!

[NISFAN]

Originally Posted by Nick the Greek

Not necessarily correct Gordon.

Large companies will hedge against currency movements, so it would be years rather than months that any impact is felt.

Secondly, many BMW are made outside the eurozone. For example the UK, USA, South Africa.

You can hedge against a small fluctuation, but the fact that Switzerland, a whole country has unpegged the Euro is cause for some major concern. The amount of money being printed is not known yet, but is likely to be in the billions. There is a prediction the Euro value will change rapidly.

As for cars made outside of Eurozone, it makes things worse for Germany. BMW's will become 'cheap' to the rest of the world, making it more economic to switch production to Germany. Sales of Mini's in Europe will plummet.

I'm just saying that the £:€ will alter dramatically, meaning it will give UK significant buying power for European items......cars included.

[simon.]

Originally Posted by gr4z

Can he provide 28% discount for a 4GC??

Sorted me out a cracking deal on my 335D . Give him a call. He lives @ Berry BMW. Say we sent you.

[RiazC]

Hi Everyone

Thanks Chris - appreciate the positive feedback and exposure.

Please get in touch if you want to get a brilliant deal but with little hassle! All I ask is the enquiry be geniune and ready to deal- if the deal works for you!

The cars I cant do mega deals on are the following

X3
X5
X6
2 convertible /coupe
2 Active Tourer

I'd rather be upfront with these models!

You can catch me on riaz.choudhury@spireautomotive.com.

[dopper99]

Originally Posted by RiazC

The cars I cant do mega deals on are the following

X3
X5
X6
2 convertible /coupe
2 Active Tourer

I'd rather be upfront with these models!

You can catch me on riaz.choudhury@spireautomotive.com.

And M3/M4's I guess?

[Nick the Greek]

Originally Posted by NISFAN

You can hedge against a small fluctuation, but the fact that Switzerland, a whole country has unpegged the Euro is cause for some major concern. The amount of money being printed is not known yet, but is likely to be in the billions. There is a prediction the Euro value will change rapidly.

As for cars made outside of Eurozone, it makes things worse for Germany. BMW's will become 'cheap' to the rest of the world, making it more economic to switch production to Germany. Sales of Mini's in Europe will plummet.

I'm just saying that the £:€ will alter dramatically, meaning it will give UK significant buying power for European items......cars included.

You can hedge any price you like, provided you are prepared to pay. Some of the possible QE is already in the price of the Euro, so it remains to be seen how much further the Euro will move against sterling.

Also, you are looking at factors that impact on the Euro only. FOREX doesn't work like that. You also need to consider the pricing pressures on Sterling.

With CPI at 50 basis points, the likelihood of interest rate rises in the UK have receded, which has a downward pressure on Sterling, as foreign investors sell £££ in search of yield.

There is certainly a reasonable chance that Sterling will increase in value against the Euro, but I wouldn't hold my breath for " cheap BMWs " anyg time soon.



By the way, you do know they don't actually print physical money for QE don't you?

[NISFAN]

Originally Posted by Nick the Greek

By the way, you do know they don't actually print physical money for QE don't you?

Yes, they can't afford to print actual money.

[RiazC]

Originally Posted by dopper99

And M3/M4's I guess?

Sorry I forgot say them too!

[kitster]

I work in EUR/GBP bond eTrading and it's been an interesting few years. Yields are already very low with spreads so close to mids and the smaller players getting hacked to death, so it's all about volume at the moment and getting into Algo/HFT asap.

In regards to the QE, the ECB will be buying up EuroGuv bonds which will in turn effect the price of the bond i.e. will prob go up, the flip side is the yield will go down, making it less attractive to an investor/trader. Now were are left in this horrid situation where ppl either move more of their cash out of euro Fixed Income and into Equities etc etc and off we go into another downward cycle. IHMO it looks like a shit storm is on the way, if the euro countries can't sort themselves out.

[ukbeemerboy]

All the discounts are great, but how will they effect the residual values down the line? We've already seen members being offered mid £20k's for year old 335d's. The discounts are killing the market in the long run....

[dopper99]

Originally Posted by ukbeemerboy

All the discounts are great, but how will they effect the residual values down the line? We've already seen members being offered mid £20k's for year old 335d's. The discounts are killing the market in the long run....

But one consolation is us forum-types know about the discounts to be had .... think about those that have no idea on discounts or more money than sense. They pay near list price and also get offered mid £20K for their year old 335d's.

[JD6]

Originally Posted by ukbeemerboy

All the discounts are great, but how will they effect the residual values down the line? We've already seen members being offered mid £20k's for year old 335d's. The discounts are killing the market in the long run....

For those of us who buy with a view to running for 4 or more years, discounts are unequivocally good news. £12k off list on day one, and how much impact is there on the value of a 5 year 90k mile car, perhaps £1k?

The effect on those who want to sell within 2 years is much greater of course, so in an era of huge discounts, you just have to make sure you buy a keeper...

[ukbeemerboy]

Originally Posted by dopper99

But one consolation is us forum-types know about the discounts to be had .... think about those that have no idea on discounts or more money than sense. They pay near list price and also get offered mid £20K for their year old 335d's.

Yeah there is that. I guess we only make up a small number of buyers.