What is a good PCP deal?

[F1SpaceMonkey]

Hi, new to the forum and love the new Z4 M40i. However i've recently picked up a new car just before the UK lockdown and as expected its expensive to get out of and get into a Z4.

My dealer cannot get me out my current car and into a Z4 M40i without it being expensive on the current car so we never got to PCP deals. However i'm looking at other ways to get out my current car leaving me free to get a new PCP deal.

I was wondering what is a good PCP deal and what have others managed to do if willing to share such info as i know its a delicate subject? I only do 8k miles a year and look for 3-4 year deals with £1-2k down.

thanks

 

[blaird03]

You should get one around the £600/620pm mark ,depending on spec.
Possible to get around 17% discount at present.

Have a look here - current stock available and with the PCP / discounts available.
https://stock.bmw.co.uk/

I noticed a few M40i have left the available stock recently.

 

[Z4monster]

I got £620 per month with £3k down back in Sept 2019 on a loaded M40i.
I expect you could better that now as the APR has come down since to 2.9% and they haven't sold anything for months.
Probably not the greatest deal but it was competitive at the time compared to Carwow and other dealers in the BMW network.

 

[F1SpaceMonkey]

thanks for the replies - those figures are in my price range! kicking myself!!!

 

[Shakey]

Thought this might be helpful to someone in the market for a new Z4.

The original is off the board index on BMW baby which is mainly BMW 1 series M140 /M135i. Tony Lewis at Berry Heathrow is the contact. He is well known for good deals on the 1 series M140i and other BMs.
This is my first post, however he is nothing to do with me. This forum was a great help to me when I had a Z4 and I still pop in and have a look now and again.

BMW Z4 M40i Offers for Q3
Quote
Post by TRL » Wed Jul 29, 2020 4:48 pm

Hi All. Not put this one up before, just struck me that its a pretty cheap Roadster currently, considering the list price is north of £50K.
These need to be driven to appreciate how capable the new Z4 is compared to the old one, so go try one and see what you think.

BMW Z4 M40i 2 Dr Roadster
Standard spec includes Metallic and leather
Pro Media, Bluetooth and Advanced Speakers.

List Price £50,970 OTR
Dealer contribution £ £8,870
Customer Price £42,100

Typical finance PCP over 4 years

Customer deposit £552.00
Then 47 payments £552.09
Plus GFV payment £20,380.53

Or Higher deposit
Customer deposit £2,850
Then 47 payments £499.36
GFV payment £20,380.53

Based on 8000 miles pa and 3.9% APR

OPTIONAL EXTRA COSTS PER MONTH
(prices below included discount)

………………………..………………...PRICE.....Per month..GFV increase
Frozen Grey Matt Paint.....£1,880.....£37.10 pm ……...£0
heated steering wheel...…..£170...…..£3.05 pm...…..£0
Wind Deflector ………………...£170...…..£3.05 pm...….£0
Thro Load hatch...…………….£100...…...£1.91 pm.......£0
Parking Assistant...…………...£500...…...£5.85 pm.....£204
Enhanced Bluetooth...……...£350...……..£6.30 pm......£0
Visibility Package...…………..£900...…….£17.76 pm.....£0
Technology Package...……….£1,800...….£27.50 pm....£408
Shadowline Plus Package...….£500...…...£9.87 pm......£0
Driving Assistant Package......£900...…..£17.75 pm.....£0
Comfort Package...……………...£750...…..£14.80 pm.....£0

Usual variations apply so for every £1000 extra of deposit you can deduct £22pm from the above
and for every extra 1000 miles pa add on £8pm per 1000 miles.... so 12K miles pa would mean an increase of £32pm on the above.

EMAIL me only at [email protected] if you wish to discuss further
Thank you

 

[Z4monster]

That's a nice deal. Shame I'm not looking to change this week. There's always a better deal just around the corner but I was happy with mine considering when I got the car last September it had only been available around six months. I noticed that most of the M40i that were available locally have gone now from the BMW stock list. Not surprised if they are offering deals like this.