M3 deal ? Any good ?

robwils · 07-27-2018, 01:23 PM

Been offered pre reg BMW M3 CP, £4.5K deposit and 48 x £669, was 699 but came down a bit. Decent spec too - Seems pretty good ?
(8K miles PA, which is more than enough for me).
Anyone bought one recently and have figures to compare ?

PM if you prefer ?

Rob

lethbridge · 07-27-2018, 01:29 PM

Have a look on M3Cutters - there's an active thread on there - I assume you are getting 0% PCP in which case no point in any deposit. Mine was one of the last of the factory orders so not really able to compare but it sounds like you should be able to do a fair bit better - all depends on the spec really... Sounds like you are paying Â£65k for the car?

JustChris · 07-27-2018, 02:15 PM

Hmm seems fairly standard deal I'd think?

EDIT just checked HJ Chester, could get new for less...but that's not understanding what options are in the car you're looking at. If it's stock, no chance, new deals are better.

JustChris · 07-27-2018, 02:16 PM

Quote:

Originally Posted by JustChris

Hmm seems fairly standard deal I'd think?

My local place is Â£6k deposit then Â£599 a month. Considering it a Pre Reg they can do better for you I think.

If Â£1000 deposit equals about Â£20 a month then...

Soul_Glo · 07-27-2018, 02:40 PM

Seems okay. Mine is a 16 plate CP. 48 x 700 with a 8k deposit. 10k miles per year.

Rukka · 07-27-2018, 03:15 PM

Quote:

Originally Posted by Surg_Capt_R

Seems okay. Mine is a 16 plate CP. 48 x 700 with a 8k deposit. 10k miles per year.

Ouch! That seems high.

Mines 18 CP. Â£10k in and 47x 590 on 12k pa. that's factory order - and specced to Â£74.5k!

Soul_Glo · 07-27-2018, 03:37 PM

It's manageable. It had low mileage. Decent extra packs. Tech. Comfort. Visibility. Ceramic brakes. Two years ago it would have been handed to us when my wife was contracted as a top dog in BMW. We had a new one every 3 months and she could only keep a car 6 months max.

teaston · 07-27-2018, 03:50 PM

Quote:

Originally Posted by JustChris

Hmm seems fairly standard deal I'd think?

EDIT just checked HJ Chester, could get new for less...but that's not understanding what options are in the car you're looking at. If it's stock, no chance, new deals are better.

You can’t get new M3’s any more though can you?

teaston · 07-27-2018, 03:53 PM

Quote:

Originally Posted by Rukka

Ouch! That seems high.

Mines 18 CP. Â£10k in and 47x 590 on 12k pa. that's factory order - and specced to Â£74.5k!

£10k in!!

Where do people get those sorts of deposits from?

Rukka · 07-27-2018, 03:57 PM

Quote:

Originally Posted by teaston

Quote:

Originally Posted by Rukka

Ouch! That seems high.

Mines 18 CP. £10k in and 47x 590 on 12k pa. that's factory order - and specced to £74.5k!

£10k in!!

Where do people get those sorts of deposits from?

Good financial backing

I could have put zero deposit and paid £800 ish per month or I could have put £20k and paid £400 a month. Either way you cut it - that's what if costs to run an M car.

R0B · 07-27-2018, 03:58 PM

Quote:

Originally Posted by teaston

Quote:

Originally Posted by Rukka

Ouch! That seems high.

Mines 18 CP. £10k in and 47x 590 on 12k pa. that's factory order - and specced to £74.5k!

£10k in!!

Where do people get those sorts of deposits from?

Their bank account?

robwils · 07-27-2018, 04:12 PM

Thanks for all replies, had a look on M3 cutters too, some very useful info. Will see , but also reckon I need an extended test drive to test how harsh ride would be. Still like the C63 too.

Rob

teaston · 07-27-2018, 07:45 PM

Quote:

Originally Posted by R0bbo

Their bank account?

Which bank offers an account with £10k already in it?

Soul_Glo · 07-27-2018, 10:34 PM

Quote:

Originally Posted by teaston

Quote:

Originally Posted by Rukka

Ouch! That seems high.

Mines 18 CP. £10k in and 47x 590 on 12k pa. that's factory order - and specced to £74.5k!

£10k in!!

Where do people get those sorts of deposits from?

When you have been working since 18 and manage to save at least 5k a year... and you have a father who is incapable of bonding with you as a son so throws money at the problem... your part exchange is worth 4k... anyhow my saving goal for this year is 20k... I read a book by Alvin Hall called You and your money. That book has completely transformed the way I save and spend.

I am less well off compared to some of the guys I work with in the army. Some of them have more money than they know what to do with... one has exchanged on his 4th house... one lady bought a TT RS outright... my brother in law put himself through an education and is going to make a million soon. Then you have your inheritance...

I know the M3 was an expensive move. How much power can you put down on UK roads in daily driving? 150-215 bhp should be sufficient right? I enjoy the feeling of being sat in something powerful. After what happened to the M2 in the off topic forum happened to my 435d... I never felt the same about it. Rebuilt it, modified it and, sold it on.

Never had an M car before. Always wanted one. Test drove an M3 saloon at Barons Farnborough. Fell in love with it.

Tengocity · 07-28-2018, 02:12 AM

Quote:

Originally Posted by teaston

Quote:

Originally Posted by Rukka

Ouch! That seems high.

Mines 18 CP. £10k in and 47x 590 on 12k pa. that's factory order - and specced to £74.5k!

£10k in!!

Where do people get those sorts of deposits from?

After putting £7k in to the 335d and having little left at the end then I am now very reluctant to put in large deposits on new cars, and especially not when the interest rates on offer are so low.

My M4 is £750 a month and the deposit was a smidge over a grand, for 12k miles per year.

Whilst the mileage is less than the 335d, it's still less in overall payments by a few thousand pounds over the term!

M3/4s are to our generation what performance fords were to our fathers generation I reckon... affordable!

JustChris · 07-28-2018, 03:24 AM

Quote:

Originally Posted by teaston

Quote:

Originally Posted by JustChris

Hmm seems fairly standard deal I'd think?

EDIT just checked HJ Chester, could get new for less...but that's not understanding what options are in the car you're looking at. If it's stock, no chance, new deals are better.

You can't get new M3's any more though can you?

Fair point mate. Read it as M4 to be honest as I'd disregarded the M3 now it's non production. Obvs the deal I listed was for an M4 CP.

Now and the next 6 months will be a great time for F8X deals. Time for many to itch that scratch. I would strongly advise a test drive.

teaston · 07-28-2018, 05:04 AM

Quote:

Originally Posted by Surg_Capt_R

Quote:

Originally Posted by teaston

Quote:

Originally Posted by Rukka

Ouch! That seems high.

Mines 18 CP. £10k in and 47x 590 on 12k pa. that's factory order - and specced to £74.5k!

£10k in!!

Where do people get those sorts of deposits from?

When you have been working since 18 and manage to save at least 5k a year... and you have a father who is incapable of bonding with you as a son so throws money at the problem... your part exchange is worth 4k... anyhow my saving goal for this year is 20k... I read a book by Alvin Hall called You and your money. That book has completely transformed the way I save and spend.

I am less well off compared to some of the guys I work with in the army. Some of them have more money than they know what to do with... one has exchanged on his 4th house... one lady bought a TT RS outright... my brother in law put himself through an education and is going to make a million soon. Then you have your inheritance...

I know the M3 was an expensive move. How much power can you put down on UK roads in daily driving? 150-215 bhp should be sufficient right? I enjoy the feeling of being sat in something powerful. After what happened to the M2 in the off topic forum happened to my 435d... I never felt the same about it. Rebuilt it, modified it and, sold it on.

Never had an M car before. Always wanted one. Test drove an M3 saloon at Barons Farnborough. Fell in love with it.

Tbh if I wasn't paying off debts and the wife worked full time I could probably save £20k a year.

But I still think my wife would leave me if I paid a £10k deposit on an M car!!

07-27-2018, 01:23 PM	#1
robwils Colonel 759 Rep 2,192 Posts Drives: F80 M3 CP Join Date: Mar 2013 Location: Stockton-on-Tees iTrader: (0)	M3 deal ? Any good ? Been offered pre reg BMW M3 CP, £4.5K deposit and 48 x £669, was 699 but came down a bit. Decent spec too - Seems pretty good ? (8K miles PA, which is more than enough for me). Anyone bought one recently and have figures to compare ? PM if you prefer ? Rob __________________ M3 CP in THE fastest colour (says so in the title )
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07-27-2018, 01:29 PM	#2
lethbridge Captain 470 Rep 784 Posts Drives: 2018 F80 M3 CP YMB Join Date: Feb 2012 Location: United Kingdom iTrader: (0) Garage List 2018 BMW M3 CP [10.00]	Have a look on M3Cutters - there's an active thread on there - I assume you are getting 0% PCP in which case no point in any deposit. Mine was one of the last of the factory orders so not really able to compare but it sounds like you should be able to do a fair bit better - all depends on the spec really... Sounds like you are paying Â£65k for the car? __________________ Current: 2018 F80 M3CP YMB. Previous: 2015: F34 335d GT M Sport+; 2012: F07 535d GT M Sport; 2008: 335d SE; 2005: 530d; 2003: 330d; 2002: 330i; 1999: 523i
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07-27-2018, 02:15 PM	#3
JustChris General 17483 Rep 25,112 Posts Drives: Tesla MYRWD Join Date: Jul 2013 Location: UK iTrader: (0)	Hmm seems fairly standard deal I'd think? EDIT just checked HJ Chester, could get new for less...but that's not understanding what options are in the car you're looking at. If it's stock, no chance, new deals are better. __________________ My car made front page of Bimmerpost
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07-27-2018, 02:40 PM	#5
Soul_Glo Major General 13344 Rep 7,484 Posts Drives: G20 Join Date: May 2013 Location: Manhattan, NYC iTrader: (1)	Seems okay. Mine is a 16 plate CP. 48 x 700 with a 8k deposit. 10k miles per year.
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07-27-2018, 03:37 PM	#7
Soul_Glo Major General 13344 Rep 7,484 Posts Drives: G20 Join Date: May 2013 Location: Manhattan, NYC iTrader: (1)	It's manageable. It had low mileage. Decent extra packs. Tech. Comfort. Visibility. Ceramic brakes. Two years ago it would have been handed to us when my wife was contracted as a top dog in BMW. We had a new one every 3 months and she could only keep a car 6 months max.
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07-27-2018, 04:12 PM	#12
robwils Colonel 759 Rep 2,192 Posts Drives: F80 M3 CP Join Date: Mar 2013 Location: Stockton-on-Tees iTrader: (0)	Thanks for all replies, had a look on M3 cutters too, some very useful info. Will see , but also reckon I need an extended test drive to test how harsh ride would be. Still like the C63 too. Rob __________________ M3 CP in THE fastest colour (says so in the title )
	Appreciate 0 Quote