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      01-24-2012, 01:09 PM   #1
m1bjr
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BMW Contract Hire - any good?

http://www.oceanplymouthbmw.co.uk/cu....html?id=15709

Wow - can you really have a 7'er on the drive for £400 a month?

Whats the catch?

Anyone got one?

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      01-24-2012, 01:20 PM   #2
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That's cheap.

I wonder why they are doing great offers on the diesel versions of this and the 6 series when you would think they would be easier to sell in this climate than the petrol versions.

Why not such great deals on petrol cars to get them shifting?
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      01-24-2012, 01:59 PM   #3
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Quite a high mileage allowance too. 16k if I read that correctly. The price is on a par with other offers but the mileage is certainly better.

Mine's through BMW, no problems at all. In fact it's through Alphabet which I believe is owned by BMW. This offer probably is too.

:edit:

I didn't read it correctly. It's 16k contract mileage.

Last edited by rich1068; 01-24-2012 at 02:09 PM..
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      01-26-2012, 12:12 PM   #4
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Yes 16k in two years.

Most of the other 'deals' are around 8-10k avg/yr.

Still, thanks for your thoughts.

What is included (I only run LEX company car so have no exp oc CH)

Cheers,
Steve
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      01-26-2012, 04:19 PM   #5
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They'll send you a tax disc every year.
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      01-27-2012, 02:26 AM   #6
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I suppose BMW must be desparate to shift these bigger cars, just to clear the backlog probably, so they discount them out to CH firms.

Better to get £400 a month for it than nothing.

We'll be in the market for a new family car later this year for the Missus - just have to convince her that a 6 or 7 is just what she wants!!
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      01-27-2012, 02:32 AM   #7
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I had an email from a lease company yesterday offering a 640d for £568 a month
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      01-27-2012, 02:43 AM   #8
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Quote:
Originally Posted by creepy coupe View Post
I had an email from a lease company yesterday offering a 640d for £568 a month
Are people not getting it for less?
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      01-27-2012, 02:49 AM   #9
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Quote:
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Are people not getting it for less?
Really ? I wasn't aware if they are.
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      01-27-2012, 03:01 AM   #10
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I just looked at the 640d thinking wow thats quite a good offer then i read the small print "Business users only"
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      01-27-2012, 03:02 AM   #11
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I just looked at the 640d thinking wow thats quite a good offer then i read the small print "Business users only"
The offer I was emailed was for private use. Business was even cheaper.
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      01-27-2012, 03:09 AM   #12
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who was the email from?
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      01-27-2012, 03:22 AM   #13
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Quote:
Originally Posted by jonnywells View Post
who was the email from?

http://www.clvr.org.uk/vehicle.php?f...tail&id=347958
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      01-27-2012, 03:49 AM   #14
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http://www.nicheleasing.co.uk/Bmw/6_...d_SE_Auto.html

£484/m INC VAT
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      01-27-2012, 03:58 AM   #15
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£563.00 for the M Sport
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      01-27-2012, 04:21 AM   #16
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They creep up, offers always quoted without VAT etc, then its more and more until you end up pushing 600 nearly.

Then when you add on the 6+ deposit and divide it all by 24 its alot more still in real monthly cost.

Say 6+23 / 563m = £680 / m

Not bad for a nice car, I suppose, but you'r not gaining anything for it, no 'equity' just rental really.
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      01-27-2012, 04:31 AM   #17
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Quote:
Originally Posted by doughboy View Post
They creep up, offers always quoted without VAT etc, then its more and more until you end up pushing 600 nearly.

Then when you add on the 6+ deposit and divide it all by 24 its alot more still in real monthly cost.

Say 6+23 / 563m = £680 / m

Not bad for a nice car, I suppose, but you'r not gaining anything for it, no 'equity' just rental really.
The quote I posted was including vat.
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      01-27-2012, 04:39 AM   #18
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Quote:
Originally Posted by creepy coupe View Post
The quote I posted was including vat.
Yeh, not yours I meant you see these headline figures like '640d for £403/m!!'

Then it actually turns out at 563 or more, then its 6+23, so its another 21% on top of that!
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      01-27-2012, 07:09 AM   #19
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Sure no equity but no depreciation either.

It all depends his frequently you want to change your car and whether you want to start with a new car.
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      01-27-2012, 07:18 AM   #20
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Quote:
Originally Posted by doughboy View Post
Yeh, not yours I meant you see these headline figures like '640d for £403/m!!'

Then it actually turns out at 563 or more, then its 6+23, so its another 21% on top of that!
Agree, once you have spec the car how yo want it, the price per month shoots up. I still think it's a great deal given a £67k price tag.
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      01-27-2012, 07:42 AM   #21
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Agree, the depreciation from list will be about 30-40K in 2 years, but of course BMW won't be charging list to the CH firm, more like half list!

These deals are best if you're happy to take a special offer model 'as is', if you start adding many options you've had it.

Last edited by doughboy; 01-27-2012 at 07:51 AM..
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