[Xsapper]

Is anyone considering a zero percent deal?

[ByTheSea]

Those deals are certainly being well advertised. I was in a city centre mall yesterday and a local dealer had a 320i MSport Shadow on display, plastered with stickers "0% on this car". Great if you are determined to have a new car, but my local dealerships are awash with AUC cars with nominal mileage, less than 100, at big discounts. Bank loans at 3.0+% from your local friendly bank or PCP.

[jamiegrant10]

I got a 68plate 335d Xdrive Shadow Edition on a 0% deal with over a 12grand centre/maunfacturer deposit contribution. Thought it was a pretty good deal.

Extremely happy with the car so far coming from a A4 2.0TDI Quattro but will be happier when I get ACS springs fitted in the coming months.

[Xsapper]

My dealer contacted me but I am only 18 months into my current pcp, however I have asked what deals are available so it will be interesting to see what they come back with.

[Randolph13]

VTing current car on 24th and collecting a 340i M sport shadow with similar extras to current car on 29th.
Never driven a 340i so wondering about the difference

[335d Rocco]

Originally Posted by Randolph13

VTing current car on 24th and collecting a 340i M sport shadow with similar extras to current car on 29th.
Never driven a 340i so wondering about the difference

Saloon or touring?

Would you be able to share what sort of deal you got?

[MashinBenzin]

I think ZeroFx said something about wanting a good value pcp

Sorry zero, couldn't resist

[MashinBenzin]

Originally Posted by Xsapper

My dealer contacted me but I am only 18 months into my current pcp, however I have asked what deals are available so it will be interesting to see what they come back with.

Changing that early does sound expensive, but there are some great deals around. If you never intended paying your GFV off and the monthlies stay the same AND you are content with the old model for three years, where's the harm?

[JustChris]

No

[Randolph13]

Originally Posted by Uk 330d

Saloon or touring?

Would you be able to share what sort of deal you got?

It is a saloon and was listed at full price of £51k which dealer reduced to £46k, BMW put in £5.5k, my deposit £4.8k leaving £35.7 at 0% with an RV of £15.5. Repayments over 4 years of £430/m on 8k miles a year.
The options are similar to my present car plus extended storage, advance parking package and speed limit display.
The car is in stock and therefore I had no say in the options, but wanted something similar to our present car which I have achieved plus a bit more.

[ZeroFx]

Originally Posted by Randolph13

It is a saloon and was listed at full price of £51k which dealer reduced to £46k, BMW put in £5.5k, my deposit £4.8k leaving £35.7 at 0% with an RV of £15.5. Repayments over 4 years of £430/m on 8k miles a year.
The options are similar to my present car plus extended storage, advance parking package and speed limit display.
The car is in stock and therefore I had no say in the options, but wanted something similar to our present car which I have achieved plus a bit more.

How is there only £10,500 discount on that car?

End of life Luxury (not even M sport) 335d? with 21% discount.

I was offered this in February. More discount at £12,000 on a car that is not end of life at the time on 1.9% APR. 20-30k miles per year not 8k!!! Look at the GFV on 20k!

"List price is £51,510. OTR
Dealer Discount to £45000 exactly.
BMW then contribute £5500.

if you then put in £1000 the payments are either

47 x £580. plus GFV £13,154 based on 20K miles pa
or
47 x £626 plus GFV £10911 based on 30K miles pa"

So less discount to offset the 0% (just like i said) on a deal that isnt even as good as one they had in February on a car that isnt even on end of life run out.

[MashinBenzin]

Originally Posted by ZeroFx

How is there only £10,500 discount on that car?

End of life Luxury (not even M sport) 335d? with 21% discount.

I was offered this in February. More discount at £12,000 on a car that is not end of life at the time on 1.9% APR. 20-30k miles per year not 8k!!! Look at the GFV on 20k!

"List price is £51,510. OTR
Dealer Discount to £45000 exactly.
BMW then contribute £5500.

if you then put in £1000 the payments are either

47 x £580. plus GFV £13,154 based on 20K miles pa
or
47 x £626 plus GFV £10911 based on 30K miles pa"

So less discount to offset the 0% (just like i said) on a deal that isnt even as good as one they had in February on a car that isnt even on end of life run out.

Offered you a bigger discount to avoid scene?

Or different times, different deals. Dealers will often offer bigger discounts, even selling at a loss, if it brings a target bonus that outweighs that loss. Conversely, dealers that are hitting targets easily do not give strong discounts.

[Goneinsixtyseconds]

Originally Posted by ZeroFx

How is there only £10,500 discount on that car?

End of life Luxury (not even M sport) 335d? with 21% discount.

I was offered this in February. More discount at £12,000 on a car that is not end of life at the time on 1.9% APR. 20-30k miles per year not 8k!!! Look at the GFV on 20k!

"List price is £51,510. OTR
Dealer Discount to £45000 exactly.
BMW then contribute £5500.

if you then put in £1000 the payments are either

47 x £580. plus GFV £13,154 based on 20K miles pa
or
47 x £626 plus GFV £10911 based on 30K miles pa"

So less discount to offset the 0% (just like i said) on a deal that isnt even as good as one they had in February on a car that isnt even on end of life run out.

Or someone didn't get quite as good a deal as they could have. Guess what, dealers don't just offer their max discount every time. They try to make money too if they can.

This looks like a pretty good deal, perhaps not an amazing deal, not bad though. But, the poster was pretty happy with it until you popped up and pulled it to pieces.

[MashinBenzin]

Originally Posted by Goneinsixtyseconds

Or someone didn't get quite as good a deal as they could have. Guess what, dealers don't just offer their max discount every time. They try to make money too if they can.

This looks like a pretty good deal, perhaps not an amazing deal, not bad though. But, the poster was pretty happy with it until you popped up and pulled it to pieces.

With his/her usual dead eye for accuracy and fairness, the comparison is not only from different quarters, but also comparing a 335d deal with a 340i deal. Not to let such details get in the way of a patronising rant though...

[ZeroFx]

Originally Posted by MashinBenzin

Offered you a bigger discount to avoid scene?

Or different times, different deals. Dealers will often offer bigger discounts, even selling at a loss, if it brings a target bonus that outweighs that loss. Conversely, dealers that are hitting targets easily do not give strong discounts.

The deal sucks. its end of life. 0% BS as usual

[Goneinsixtyseconds]

Originally Posted by ZeroFx

The deal sucks. its end of life. 0% BS as usual

Why is 0% BS? It is just part of the deal. As you said yourself. Probably worth £40-50 a month on the payments, so equivalent of another £2k discount.

The part I'd be annoyed about, which bumps the monthlies up, is the additional spec being paid for that you don't really want. Every £1k of options adds about £23 a month to your payment.

[ZeroFx]

Originally Posted by Goneinsixtyseconds

Why is 0% BS? It is just part of the deal. As you said yourself. Probably worth £40-50 a month on the payments, so equivalent of another £2k discount.

The part I'd be annoyed about, which bumps the monthlies up, is the additional spec being paid for that you don't really want. Every £1k of options adds about £23 a month to your payment.

I was offered 1.9% and more discount and far better miles and GFV.

Its nearly impossible to work out what interest would be. Even with APR the maths are like voodoo, especially on a PCP.

51k for a 3 series lol. The depreciation on that will be insane. 6+ grand a year to drive around for 8k miles lol.

[Goneinsixtyseconds]

Originally Posted by ZeroFx

I was offered 1.9% and more discount and far better miles and GFV.

Its nearly impossible to work out what interest would be. Even with APR the maths are like voodoo, especially on a PCP.

51k for a 3 series lol. The depreciation on that will be insane. 6+ grand a year to drive around for 8k miles lol.

Shock, horror, man gets offered better deal than someone else. How could that be allowed to happen, call in trading standards!!!

So, you're a font of knowledge for all things car buying.......and then you get to something you don't understand and it's Voodoo, no one else could possibly understand if you don't.

[MashinBenzin]

Originally Posted by Goneinsixtyseconds

Shock, horror, man gets offered better deal than someone else. How could that be allowed to happen, call in trading standards!!!

So, you're a font of knowledge for all things car buying.......and then you get to something you don't understand and it's Voodoo, no one else could possibly understand if you don't.

Completely voodoo. There should be a regulation that forces them to publish how much interest you pay to the robbing capitalists....oh there is you say?

[ZeroFx]

Originally Posted by MashinBenzin

Completely voodoo. There should be a regulation that forces them to publish how much interest you pay to the robbing capitalists....oh there is you say?

"For example, when looking for a loan or mortgage, you are likely to choose a lender that offers the lowest rate. Although the quoted rates appear low, you could end up paying more for a loan than you originally anticipated.

This is because banks will often quote you the annual percentage rate (APR) on the loan. But, as we've already said, this figure does not take into account any intra-year compounding either semi-annual (every six months), quarterly (every three months), or monthly (12 times per year) compounding of the loan. The APR is simply the periodic rate of interest multiplied by the number of periods in the year. This may be a little confusing at first, so let's look at an example to solidify the concept:

As you can see, even though a bank may have quoted you a rate of 5%, 7%, or 9% depending on the frequency of compounding (this may differ depending on the bank, state, country, etc.), you could actually pay a much higher rate. If a bank quotes an APR of 9%, the figure isn't taking into account the effects of compounding"

You are having your pants taken down by car salesmen which lets be honest is frankly quite embarrassing.

[Xsapper]

So this is what is on offer,:


discount to £5440.90 also contribution of £6750..

Deposit £2500
£467 per month.

Any good?

[JNW1]

Originally Posted by Xsapper

So this is what is on offer,:


discount to £5440.90 also contribution of £6750..

Deposit £2500
£467 per month.

Any good?

So the discount including deposit contribution is roughly 27% and you've been offered 0% finance as well? On the face of it that doesn't sound too bad although I have to say it would need to be even better than that to tempt me into a new F30 now.

Out of interest what annual mileage is the £467/month based on and what's the GFV at the end of the term (presumably 48 months?).