£10k off a newly=new M3?
Discussion
This must be virtualy £10k off new:
http://www.bmw.co.uk/bmwuk/auc/car_details/0,,1260...
The new M3 seems to be taking an even bigger pasting than predicted.
There are pages of demonstrators on the AUC site.
http://www.bmw.co.uk/bmwuk/auc/car_details/0,,1260...
The new M3 seems to be taking an even bigger pasting than predicted.
There are pages of demonstrators on the AUC site.
baz1985 said:
Pugsey said:
agreed. If you're spending £40k+ on car, if you need to save every £k you could, you wouldn't be buying it in the first place!Is this a particularly cheap car then? It looks to have a decent spec.
LittleBro said:
baz1985 said:
Pugsey said:
agreed. If you're spending £40k+ on car, if you need to save every £k you could, you wouldn't be buying it in the first place!Is this a particularly cheap car then? It looks to have a decent spec.
baz1985 said:
LittleBro said:
baz1985 said:
Pugsey said:
agreed. If you're spending £40k+ on car, if you need to save every £k you could, you wouldn't be buying it in the first place!Is this a particularly cheap car then? It looks to have a decent spec.
Nano2nd said:
bmwdrivernigel said:
M15ley said:
Read the advert again - it is VAT applicable so add 17.5%
Read the advert again - it is VAT qualifying, so deduct 17.5% if registeredbmwdrivernigel said:
Nano2nd said:
bmwdrivernigel said:
M15ley said:
Read the advert again - it is VAT applicable so add 17.5%
Read the advert again - it is VAT qualifying, so deduct 17.5% if registeredgrahamm said:
bmwdrivernigel said:
Nano2nd said:
bmwdrivernigel said:
M15ley said:
Read the advert again - it is VAT applicable so add 17.5%
Read the advert again - it is VAT qualifying, so deduct 17.5% if registeredPugsey said:
baz1985 said:
LittleBro said:
baz1985 said:
Pugsey said:
agreed. If you're spending £40k+ on car, if you need to save every £k you could, you wouldn't be buying it in the first place!Is this a particularly cheap car then? It looks to have a decent spec.
Deutscher said:
This must be virtualy £10k off new:
http://www.bmw.co.uk/bmwuk/auc/car_details/0,,1260...
The new M3 seems to be taking an even bigger pasting than predicted.
There are pages of demonstrators on the AUC site.
I dont think anyone is suggesting these dont depreciate - but talk to a dealer and they'll have you believe they are selling like hot cakes, there is no chance of a discount and so on.http://www.bmw.co.uk/bmwuk/auc/car_details/0,,1260...
The new M3 seems to be taking an even bigger pasting than predicted.
There are pages of demonstrators on the AUC site.
£10k depreciaion on such an anticipated car is a lot so early on. I dont agree with the comment that someone spending this amoutn of money on a car would care. In 12 months when I come to change cars, I might spend high 30's/low 30's on a car that was 50+ new, and I would certainly care about saving a few quid to minimise the future losses.
I expect to lose £10k in the first year and an average of £5k thereafter - will keep for 4 years. My last M3 was bought 1 year old and the first owner lost £11k on it - cars depreciate, first owner takes the biggest hit but has worry free driving for 3 years.
The car quoted is 6 months old, probably an ex demo and RED (this red is not turning people on) - that's why it lost £10k in 6 months. There's plenty out there asking for £50k plus (not sold yet, admittedly).
The car quoted is 6 months old, probably an ex demo and RED (this red is not turning people on) - that's why it lost £10k in 6 months. There's plenty out there asking for £50k plus (not sold yet, admittedly).
but if s dealer said, these cars do depreciate and you will lose 10k straight away no-one would buy them. BMW have done this for years (creating a belief they are depreciation proof), all cars depreciate and if you dont lose 50% over 3 years you are doing well. Budget for that and you wont be far wrong on most cars.
oola said:
grahamm said:
bmwdrivernigel said:
Nano2nd said:
bmwdrivernigel said:
M15ley said:
Read the advert again - it is VAT applicable so add 17.5%
Read the advert again - it is VAT qualifying, so deduct 17.5% if registeredThe fact the car is VAT qualifying means, for example, that a leasing company could buy it and get the VAT back.
Ordinary businesses cannot claim back the VAT on purchase.
eowen said:
I dont think anyone is suggesting these dont depreciate - but talk to a dealer and they'll have you believe they are selling like hot cakes, there is no chance of a discount and so on.
£10k depreciaion on such an anticipated car is a lot so early on. I dont agree with the comment that someone spending this amoutn of money on a car would care. In 12 months when I come to change cars, I might spend high 30's/low 30's on a car that was 50+ new, and I would certainly care about saving a few quid to minimise the future losses.
Exactly.£10k depreciaion on such an anticipated car is a lot so early on. I dont agree with the comment that someone spending this amoutn of money on a car would care. In 12 months when I come to change cars, I might spend high 30's/low 30's on a car that was 50+ new, and I would certainly care about saving a few quid to minimise the future losses.
These cars are going to be seriously good value in six months.
Teh economy is going t1ts up, housing market's going t1ts up, and people are not spending money on new M3s, 997s and the like as they can't raise the capital on their overpriced hosues.
So prices are falling.
Simple supply and demand.
Teh economy is going t1ts up, housing market's going t1ts up, and people are not spending money on new M3s, 997s and the like as they can't raise the capital on their overpriced hosues.
So prices are falling.
Simple supply and demand.
Gassing Station | M Power | Top of Page | What's New | My Stuff