M8 AND 8 SERIES
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW M8 Forum and 8 Series Forum BMW M8 and 8-Series General Discussion UK Discount on new build to order M850i

Post Reply
 
Thread Tools Search this Thread
      03-23-2019, 12:58 PM   #1
Mr_Burt
Private
United Kingdom
78
Rep
65
Posts

Drives: X6 M50d (F16), i3 REx, M850i (
Join Date: Jul 2016
Location: UK

iTrader: (0)

UK Discount on new build to order M850i

BIMMERPOST
     Featured on BIMMERPOST.com
Hi all UKers,

I'm just sharing the discount on a build-to-order M850i, 3 year lease, list price with options was £118k, in case it helps you.

Discount = 10%

I've no idea if that is good or bad, so please do share any numbers you have with regards to UK dealers discount.
Appreciate 1
JustChris17423.00
      03-23-2019, 02:43 PM   #2
brad850csi
Colonel
1310
Rep
2,349
Posts

Drives: 16 F13 M6 Comp
Join Date: Jan 2015
Location: Auckland, New Zealand

iTrader: (0)

I was reading on PistonHeads in the M section that people are getting 20k off M5s. So I’d have thought in a few months that 20k would be achievable on the M850i
Appreciate 0
      03-23-2019, 04:50 PM   #3
Coops395
Private First Class
Coops395's Avatar
United Kingdom
213
Rep
116
Posts

Drives: 2020 840d Msport/ 2018 M2
Join Date: Sep 2016
Location: Norwich UK

iTrader: (0)

I will be ordering mine in December (840d), I'm already seeing used examples with little to no miles on for £63k in Bmw dealerships/autotrader. I think these will be rare cars on the UK roads and like the 6 there will be amazing deals if you want one.
__________________
Drive it like you bought it.
Appreciate 0
      03-24-2019, 08:13 AM   #4
mptpa
Lieutenant
mptpa's Avatar
United_States
251
Rep
487
Posts

Drives: 2019 M850i
Join Date: May 2014
Location: Tampa, FL

iTrader: (0)

Quote:
Originally Posted by Coops395 View Post
I will be ordering mine in December (840d), I'm already seeing used examples with little to no miles on for £63k in Bmw dealerships/autotrader. I think these will be rare cars on the UK roads and like the 6 there will be amazing deals if you want one.
Already? Amazing.
__________________
2019 M850i (ED Mar 2019) Sonic Speed Blue/Fiona Red/Black
2018 X4 M4.0 blue/white (wife?s)
2015 i8 (Feb 2016) White Pure Impulse (SOLD)
2015 M4 (ED Aug 2014) Austin Yellow/Sakhir Orange, EXEC, DCT, LED, Driver Assist (SOLD)
2015 328GT (ED Apr 15), White, loaded (Wife's)
2012 X3 2.8, Dark Blue/Red (Wife's SOLD)
Retired: 2011 535i, ED / 2008 335is / 2006 525i ED,
2003 525i ED / 2002 Audi TT
Appreciate 0
      03-24-2019, 11:33 AM   #5
Taheemr
Captain
United Kingdom
279
Rep
731
Posts

Drives: M6 GC
Join Date: Nov 2011
Location: Mids

iTrader: (0)

I really cant see the M850 selling well in the UK, It will go the same was as the previous gen 650i and to a lesser extent the 640i.

I have been told by a reliable source that the 8 series will on 2.9% around about easter time, the M5 is available on 0%.

Great car no doubt, but it will bomb. The discounts will need to be made available to allow for acceptable lease/ PCP payments.
Appreciate 0
      03-24-2019, 01:44 PM   #6
Mr_Burt
Private
United Kingdom
78
Rep
65
Posts

Drives: X6 M50d (F16), i3 REx, M850i (
Join Date: Jul 2016
Location: UK

iTrader: (0)

Quote:
Originally Posted by Taheemr View Post
I really cant see the M850 selling well in the UK, It will go the same was as the previous gen 650i and to a lesser extent the 640i.

I have been told by a reliable source that the 8 series will on 2.9% around about easter time, the M5 is available on 0%.

Great car no doubt, but it will bomb. The discounts will need to be made available to allow for acceptable lease/ PCP payments.
You may be right. It's going to be interesting to see sales across the regions. US sales are apparently on-track, but I don't know about UK or Europe yet. It's just too soon to know. I've only seen one 8-er in UK so far, it it was the same on I drove for a test-drive, 2weeks later.
Appreciate 0
      03-24-2019, 02:07 PM   #7
Taheemr
Captain
United Kingdom
279
Rep
731
Posts

Drives: M6 GC
Join Date: Nov 2011
Location: Mids

iTrader: (0)

There are several 840d ex demos around for mid £60s already,
Appreciate 0
      03-24-2019, 02:16 PM   #8
Mr_Burt
Private
United Kingdom
78
Rep
65
Posts

Drives: X6 M50d (F16), i3 REx, M850i (
Join Date: Jul 2016
Location: UK

iTrader: (0)

Quote:
Originally Posted by Taheemr View Post
There are several 840d ex demos around for mid £60s already,
The 840d starts at £76k and most dealers are happy to shift them quick as they don't have to earn back the same list price customers pay. I don't know the detailed economics, but as I understand it the demo probably owes the dealership about £58k after kickers from BMW, especially on a new lunch model. Second-hand for mid £60's probably makes the dealer and new customer very happy.
Appreciate 0
      04-14-2019, 03:36 PM   #9
X5M50D
Captain
United Kingdom
442
Rep
781
Posts

Drives: X7 M50d
Join Date: Jan 2017
Location: Middlesex, UK

iTrader: (0)

My dealership have quoted 13% discount and a £5000 deposit contribution on the coupes with 9% and 5K on the convertibles.
__________________
Old Wheels - X5M50d in Carbon Black
New Wheels - X7M50d in Phytonic Blue
Appreciate 0
      06-18-2019, 09:51 PM   #10
Trance1
New Member
United Kingdom
0
Rep
5
Posts

Drives: 8 Series Coupe
Join Date: Jun 2019
Location: Manchester

iTrader: (0)

value to date

The car I have just bought (November 2018
68 reg) G15 coupe Diesel, the list price with spec was £83800 Sterling, that’s 7 months ago.

I’ve paid £57500, it’s just under 5k on the speedometer.

Would you say that was a bargain?
What do you think about the 26k depreciation?
Appreciate 0
      06-19-2019, 12:29 AM   #11
Wing Co
Lieutenant
Germany
239
Rep
441
Posts

Drives: BMW M135i & 911 GTS
Join Date: Aug 2014
Location: The Mayfair of Lincolnshire & Bavaria

iTrader: (0)

Expected I would say. Always been the sensible way to buy. Enjoy as it will continue to depreciate!
Appreciate 0
      06-19-2019, 01:52 AM   #12
Jon D
Brigadier General
Jon D's Avatar
Scotland
219
Rep
3,016
Posts

Drives: 2022 840d
Join Date: Sep 2009
Location: Scotland

iTrader: (0)

I've been waiting for this to happen. I drove the 840 last November and was very impressed so I asked the dealer to quote for a trade in on my Sep '16 640i convertible, fully specced, immaculate condition and under 10k miles.

Of course, there was no discount at the time so no surprise there but what I didn't expect was the offer of just £30k on my car. List price when I bought it was £75k so that represents a depreciation figure of 60% in just over two years. Granted, I got a decent discount on my 6 (I paid £57k) but it was still a bit of a shock. So much for BMWs holding their value!

I've now decided to take extended warranty and keep my car until Sep '20. Hopefully by then the discounts will be significant...
Appreciate 0
      06-19-2019, 07:01 AM   #13
Mani59
BMW Miniature Collector!
United Kingdom
13300
Rep
7,980
Posts

Drives: E38 735i SE Individual
Join Date: Nov 2010
Location: Leicestershire

iTrader: (1)

Quote:
Originally Posted by Jon D View Post
I've been waiting for this to happen. I drove the 840 last November and was very impressed so I asked the dealer to quote for a trade in on my Sep '16 640i convertible, fully specced, immaculate condition and under 10k miles.

Of course, there was no discount at the time so no surprise there but what I didn't expect was the offer of just £30k on my car. List price when I bought it was £75k so that represents a depreciation figure of 60% in just over two years. Granted, I got a decent discount on my 6 (I paid £57k) but it was still a bit of a shock. So much for BMWs holding their value!

I've now decided to take extended warranty and keep my car until Sep '20. Hopefully by then the discounts will be significant...
In my opinion, it only tends to be M cars and Alpinas that will hold / increase in value.
__________________


Visit my (mainly) BMW gallery http://jetone.co.uk
Appreciate 0
      06-19-2019, 02:46 PM   #14
Rogerha
Enlisted Member
28
Rep
40
Posts

Drives: BMW 840d Dravit Grey
Join Date: May 2019
Location: UK

iTrader: (0)

I had an interesting experience, by chance I went into the dealership 4 days before quarter end ready to buy an ex-demo 840d they had at £67k, fully loaded without B&W hifi.

I bought it, signed the paperwork at 5.9% on A PCP and left them to prep the car. By the time I got home, the dealership called. Apparently (so they say) the Director of Sales for BMW UK had called the dealership, and incentivised the dealership to sell me the brand new unregistered car they had in the showroom, same spec, including the BW hifi for the same finance numbers as the ex-demo. So I ended up with a brand new car with effectively a £16k discount and a slightly higher GFV because it was brand new.

They will never sell loads of them, and like the 6 they will depreciate like crazy, but as long as you budget for that, then what the hell, you only live once.
Appreciate 0
      06-19-2019, 02:51 PM   #15
Rogerha
Enlisted Member
28
Rep
40
Posts

Drives: BMW 840d Dravit Grey
Join Date: May 2019
Location: UK

iTrader: (0)

Quote:
Originally Posted by Mani59 View Post
In my opinion, it only tends to be M cars and Alpinas that will hold / increase in value.
I’ll never forget a friend of mine, who traded in (truly) a Z1 for an M6 a few years ago. He paid £94k for the M6, went to trade it in 3 years later and they offered him less than £30k and he was mortified. I still take the pi55 out of him, imagine the value of the Z1 now.

It’s not unusual though, I bought an ex-demo 911 carrera 2 about 20 years ago, paid £75k for it, traded in in 2 years later for £34k, those dealers have gotta keep their margins the car retailed for £50k
Appreciate 0
      06-19-2019, 04:08 PM   #16
Trance1
New Member
United Kingdom
0
Rep
5
Posts

Drives: 8 Series Coupe
Join Date: Jun 2019
Location: Manchester

iTrader: (0)

Quote:
Originally Posted by Rogerha View Post
I had an interesting experience, by chance I went into the dealership 4 days before quarter end ready to buy an ex-demo 840d they had at £67k, fully loaded without B&W hifi.

I bought it, signed the paperwork at 5.9% on A PCP and left them to prep the car. By the time I got home, the dealership called. Apparently (so they say) the Director of Sales for BMW UK had called the dealership, and incentivised the dealership to sell me the brand new unregistered car they had in the showroom, same spec, including the BW hifi for the same finance numbers as the ex-demo. So I ended up with a brand new car with effectively a £16k discount and a slightly higher GFV because it was brand new.

They will never sell loads of them, and like the 6 they will depreciate like crazy, but as long as you budget for that, then what the hell, you only live once.
Strange, I had a similar experience from a dealer the other week, I bid £60k at a used one, the next day I had a phone call from the same dealership saying they had a same spec, brand new, for £65k...
Appreciate 0
      06-19-2019, 04:17 PM   #17
Rogerha
Enlisted Member
28
Rep
40
Posts

Drives: BMW 840d Dravit Grey
Join Date: May 2019
Location: UK

iTrader: (0)

Quote:
Originally Posted by Trance1 View Post
Strange, I had a similar experience from a dealer the other week, I bid £60k at a used one, the next day I had a phone call from the same dealership saying they had a same spec, brand new, for £65k...
End of June is another quarter end for BMW, that is no coincidence I think.
Appreciate 0
      06-20-2019, 12:40 AM   #18
Coops395
Private First Class
Coops395's Avatar
United Kingdom
213
Rep
116
Posts

Drives: 2020 840d Msport/ 2018 M2
Join Date: Sep 2016
Location: Norwich UK

iTrader: (0)

Quote:
Originally Posted by Rogerha View Post
I had an interesting experience, by chance I went into the dealership 4 days before quarter end ready to buy an ex-demo 840d they had at £67k, fully loaded without B&W hifi.

I bought it, signed the paperwork at 5.9% on A PCP and left them to prep the car. By the time I got home, the dealership called. Apparently (so they say) the Director of Sales for BMW UK had called the dealership, and incentivised the dealership to sell me the brand new unregistered car they had in the showroom, same spec, including the BW hifi for the same finance numbers as the ex-demo. So I ended up with a brand new car with effectively a £16k discount and a slightly higher GFV because it was brand new.

They will never sell loads of them, and like the 6 they will depreciate like crazy, but as long as you budget for that, then what the hell, you only live once.
I would love to know what the monthly figures on that deal are? PCP over 3 or 4 years?
__________________
Drive it like you bought it.
Appreciate 0
      06-20-2019, 05:08 AM   #19
Taheemr
Captain
United Kingdom
279
Rep
731
Posts

Drives: M6 GC
Join Date: Nov 2011
Location: Mids

iTrader: (0)

forget buying new, even with massive discounts makes no sense, did make sense when 0% was available, 3.9% on offer at present, still too high in y view


List on my M6 was £110k 20mts ago, was offered £35k in px last week, even after the discount I had when new I am stuffed, so will keep it till the end of its term, by then a 2yr old M8 will be less than £50k, thats my plan

Killer depreciation will cripple all new 8 series models,

Sytner Bham has so far managed to shift a grand total of 0 cars
Appreciate 0
      06-20-2019, 06:51 AM   #20
Mani59
BMW Miniature Collector!
United Kingdom
13300
Rep
7,980
Posts

Drives: E38 735i SE Individual
Join Date: Nov 2010
Location: Leicestershire

iTrader: (1)

Quote:
Originally Posted by Taheemr View Post
forget buying new, even with massive discounts makes no sense, did make sense when 0% was available, 3.9% on offer at present, still too high in y view


List on my M6 was £110k 20mts ago, was offered £35k in px last week, even after the discount I had when new I am stuffed, so will keep it till the end of its term, by then a 2yr old M8 will be less than £50k, thats my plan

Killer depreciation will cripple all new 8 series models,

Sytner Bham has so far managed to shift a grand total of 0 cars
Wow that is some serious depreciation!! Sounds like you have a good plan though.

Out of interest regarding Sytner Birmingham, can I ask how you managed to find out they have shifted zero 8 series?
__________________


Visit my (mainly) BMW gallery http://jetone.co.uk
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 11:17 AM.




m8
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST