[2CRO4TV]

https://www.stratstone.com/new-cars/...ep-auto-offer/

Seems a decent deal

[225]

Originally Posted by 2CRO4TV

https://www.stratstone.com/new-cars/...ep-auto-offer/

Seems a decent deal

That does, if I'm working it out correctly its 25% discount on a standard spec car.
3k in over 4 year deal monthlies are 441 odd.

That's good if we are seeing 25% discounts now, just need the APR to drop as well and alls rosey!

[isleaiw1]

Originally Posted by 225

That does, if I'm working it out correctly its 25% discount on a standard spec car.
3k in over 4 year deal monthlies are 441 odd.

That's good if we are seeing 25% discounts now, just need the APR to drop as well and alls rosey!

all pre extras of course, likely to be a £100 or so more if you go too mad with the options....

[2CRO4TV]

Originally Posted by 225

That does, if I'm working it out correctly its 25% discount on a standard spec car.
3k in over 4 year deal monthlies are 441 odd.

That's good if we are seeing 25% discounts now, just need the APR to drop as well and alls rosey!

Yep definitely going the right way. Hopefully even better in 12-18 months when I'll be in the market but 3 3'ers in a row maybe too many.

[DaveA]

Originally Posted by isleaiw1

all pre extras of course, likely to be a £100 or so more if you go too mad with the options....

Would be more if I went for the spec I would like (and that matches my last 340)... Without going too silly, options would be about £5,500, so something like £150/160/m extra...

I mean, still, better than at launch, but a PCP would be circa £650/m over 4 years, even with a 26% deposit..!!!

Going to be interesting to see how much lower these things get... What are we now, less than 12 months since the first G20's hit the streets...?

[JD6]

Originally Posted by 2CRO4TV

https://www.stratstone.com/new-cars/...ep-auto-offer/

Seems a decent deal

That seems to be a PCH rather than PCP deal, i.e. it's a lease car. I'm new to car finance (just taken a PCH for the first time) but I believe that you might have to pay the full price of any options, since there is no GFV uplift. Happy to be corrected.

I went for no options at all for this reason. I would have liked a heated steering wheel but not for £2,100 (the packs required)!

[JNW1]

Originally Posted by 225

That does, if I'm working it out correctly its 25% discount on a standard spec car.
3k in over 4 year deal monthlies are 441 odd.

That's good if we are seeing 25% discounts now, just need the APR to drop as well and alls rosey!

Yes, looking at the PCP option (£499 down and £499/month for 47 months) the dealer contribution of £12.7k works out at a discount of 25.6% on the list price (which is indeed pretty good!).

The caveats are that a) options will almost certainly dilute that discount percentage down and b) the offer applies only to vehicles in stock (so you may have to compromise on colour combination and/or spec to take advantage of it). However, definitely a decent deal if you're not wanting many options and are prepared to be flexible on colour combo!

[DB118D]

Originally Posted by JD6

That seems to be a PCH rather than PCP deal, i.e. it's a lease car. I'm new to car finance (just taken a PCH for the first time) but I believe that you might have to pay the full price of any options, since there is no GFV uplift. Happy to be corrected.

I went for no options at all for this reason. I would have liked a heated steering wheel but not for £2,100 (the packs required)!

PCP deal here

https://www.stratstone.com/new-cars/...o-offer/21263/

[225]

Originally Posted by DaveA

Would be more if I went for the spec I would like (and that matches my last 340)... Without going too silly, options would be about £5,500, so something like £150/160/m extra...

I mean, still, better than at launch, but a PCP would be circa £650/m over 4 years, even with a 26% deposit..!!!

Going to be interesting to see how much lower these things get... What are we now, less than 12 months since the first G20's hit the streets...?

Agreed still pricey but the 4.9 apr is killing the deal at the moment. Should that drop to 2.9 say it makes a reasonable difference.

At a minimum I'm waiting for Q2 and now likely Q3 deals to emerge what with everything going on and no I dont just mean pandemics..

[Cootie]

Does seem encouraging that prices are heading in a more sensible direction. Looks like being a decision in late Q2 / early Q3 between one of these (likely the touring) and a Model 3 Performance, unless there’s a standout deal on something interesting and completely random between now and then...

[Mattyk]

Excess mileage is 21p, it’s 9p on my 435d!

[TouringPleb]

Originally Posted by Mattyk

Excess mileage is 21p, it's 9p on my 435d!

And it's only 8k a year on the mileage. I'd be fine from January to the beginning of May!

[JustChris]

Originally Posted by Mattyk

Excess mileage is 21p, it's 9p on my 435d!

Yup that's P car excess mileage! Gonna be 9p on my M135i rack em up!

[DaveA]

Thinking about this, I'm not sure how long this downward trend would actually be likely to continue...

Any current deals would seem to be attempts at fulfilling Q1 targets by dealers... But, longer term, with there being no point in anybody selling anything significant at a loss, they would have to cut production (or UK production allocation), and cut the discounting to shift metal at the same time...

A tough market is not always a buyer's market...

[Goneinsixtyseconds]

Originally Posted by DaveA

Thinking about this, I'm not sure how long this downward trend would actually be likely to continue...

Any current deals would seem to be attempts at fulfilling Q1 targets by dealers... But, longer term, with there being no point in anybody selling anything significant at a loss, they would have to cut production (or UK production allocation), and cut the discounting to shift metal at the same time...

A tough market is not always a buyer's market...

Not saying you're wrong, but that's not how it's worked out the last couple of years.

The discounts may get bigger towards the end of a quarter to hit targets, but Apr will likely change each quarter set by BMW. And it usually drops.

[Drew474]

Originally Posted by JustChris

Yup that's P car excess mileage! Gonna be 9p on my M135i rack em up!

My M340i is only 10p extra per mile

[JD6]

41p per mile on mine for some reason!

[JustChris]

Originally Posted by JD6

41p per mile on mine for some reason!

[MashinBenzin]

Originally Posted by JustChris

indeed. That's around the total charge that JLR are levying on me for what will be about 7k in 8 months in my car. Different situation I know, but that's some PCP excess mileage rate!

[Goneinsixtyseconds]

Originally Posted by MashinBenzin

indeed. That's around the total charge that JLR are levying on me for what will be about 7k in 8 months in my car. Different situation I know, but that's some PCP excess mileage rate!

It really is, it shows how much of a hit BMW have taken on these deals. They really don't want them back over mileage as well.

By contrast, my 440's excess charge was 6.65 pence per mile.

[MashinBenzin]

Originally Posted by Goneinsixtyseconds

It really is, it shows how much of a hit BMW have taken on these deals. They really don't want them back over mileage as well.

By contrast, my 440's excess charge was 6.65 pence per mile.

I think the X7 was 14p per mile, as is the D5. More palatable if you go a little later over.

[JD6]

Originally Posted by MashinBenzin

indeed. That's around the total charge that JLR are levying on me for what will be about 7k in 8 months in my car. Different situation I know, but that's some PCP excess mileage rate!

My contract is for 10k miles a year. I tend to drive about 13k, but fortunately I can easily do some of those miles in another car as I'm not keen on paying 41p/mile!

It looks like my lease provider, Leasys, use a random number generator when creating these contracts - neither the excess price per mile nor the actual monthly rental cost make a lot of sense. Towards the end of the 24 month contract I'll ask them for a cost per month to extend. Interesting to see what the price is - based on current form it might be £20pm or £2000pm!