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BMW Contract Hire - any good?
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01-24-2012, 01:09 PM | #1 |
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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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01-27-2012, 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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01-27-2012, 02:49 AM | #9 |
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01-27-2012, 03:02 AM | #11 |
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01-27-2012, 03:22 AM | #13 |
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01-27-2012, 03:49 AM | #14 |
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01-27-2012, 03:58 AM | #15 | |
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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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01-27-2012, 04:39 AM | #18 |
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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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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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