As a minimum you want at least 10%, I have seen people achieving 18-20%, however there are many variables at work.
Different models can have different levels of support from BMW, timing can make quite a difference depending whether they are trying to max out sales targets or not, different dealers - some won't even entertain discounts at all.
Speak to TRL on here as your starting point, he or a member of his team will give it to you straight then you can see how they compare..

 

As a minimum you want at least 10%, I have seen people achieving 18-20%, however there are many variables at work.
Different models can have different levels of support from BMW, timing can make quite a difference depending whether they are trying to max out sales targets or not, different dealers - some won't even entertain discounts at all.
Speak to TRL on here as your starting point, he or a member of his team will give it to you straight then you can see how they compare..

Variables are always hard to judge. We are starting another financial year on 1st April and new deals on APR etc, start. It's always hard wether to hold off or wait and see what comes up! You may be waiting for ever.

I have no trade in, and I'm not in any rush. This may be of some advantage to me.

 

Bryn is right, I think it depends on a few variables, mainly model. I have just taken delivery of my M135i and managed to get 18% off list so that gives you a rough idea.

 

Got roughly 17% off my 120d M-sport

 

Got roughly 17% off my 120d M-sport

That's what I'm looking at, 5 door 120D M Sport. That sounds promising at 17%.

 

Fur totem - mind sharing (or pm) where you got 17% from? I'm in same boat - about to go for 120d sport auto, but obviously want best deal. I'm currently in talks with one of TRL's people...

 

Fur totem - mind sharing (or pm) where you got 17% from? I'm in same boat - about to go for 120d sport auto, but obviously want best deal. I'm currently in talks with one of TRL's people...

PM sent mate

 

I would be quite interested if anyone would be happy to share what sort of discount they managed to achieve on a 116i M Sport. Or am I being too cheeky ?

 

I have negotiated 15% off a new 118d M-Sport, this includes the 5 year service plan. In addition, They have contributed 1,600 towards my PCP down payment. 500 of this is the loyalty payment from BMW.

 

I would be quite interested if anyone would be happy to share what sort of discount they managed to achieve on a 116i M Sport. Or am I being too cheeky ?

I got over 25% of list on my 116i M Sport - not a factory order though, a dealers pre-reg (10 delivery miles) with the colour and spec that suited me so brilliant, no agonising wait either worth looking around

 

I would be quite interested if anyone would be happy to share what sort of discount they managed to achieve on a 116i M Sport. Or am I being too cheeky ?

I would say most 1 series should carry the same discount give or take a percentage or two. I have found a good starting point are the brokers. I know a few people that have used them for Audi's before, and have nothing but good reports. But if you can get the same discount by going local, who wouldn't.

Brokers I have took a look at are drivethedeal, carfile, coast2coast, and broadspeed. And have spoke to both drivethedeal and carfile to check there price is up to date.

If your looking at PCP, you need to know the APR BMW are offering (4.9 at the moment) how many months (BMW work in 23, 35, 47, not whole years) and then once you have had a quote from a dealer you will know what the GFV is. You can then

http://www.pcpcal.co.uk

" onclick="window.open(this.href);return false; . You can play with the amounts all you want then.

For example. I was offered a 120d:

£25,000
£3500 deposit
35 months
4.9 APR
£12000 GFV
£340 per month.

I think I can get the car for £23500, I don't waste time getting another quote upfront, I work it out using the calc. This way I know if it's in my budget and if I can add more deposit or less, and extras.

So now using the calc:
£23,500
£3500 deposit
35 months
4.9 APR
£12000 (this was set by BMW in my original quote from a dealer. It will only go up if I add more options)
£295 per month

I hope someone finds this useful as I find it lets you add options to a car and see how they will effect your monthly payments or your budget.

 

I have negotiated 15% off a new 118d M-Sport, this includes the 5 year service plan. In addition, They have contributed 1,600 towards my PCP down payment. 500 of this is the loyalty payment from BMW.

So did you get 15% off plus the finance contribution? Or was it 15% total?

 

Interesting post as I have had mine nicked...I'm now in the market to buy a new one.

Everything seems spot on, except, not ALL options improve your GMFV of your car:

For example, M SPORT PLUS will increase the value, BUT metallic will not. If an option costs, say £2000, and does not add a penny to the final value, then you will pay for this £2000 over the term of the contract using your deposit and monthly payments, basically options like this inflate your immediate and continuous costs of owning a car through pcp.

If you have a decent dealer...ask them what options add value and what do not, they should be honest, if not, take a look at the calcs online and figure out the ones for yourself, m sport plus I know for a fact is one, but things like pro nav and enhanced Bluetooth also increase the final value.

Also, don't always stick with one model in mind, play around with the models and quotes, I compared a 320d m sport to a 330d m sport and it was about £20 a month difference.

Regards,

Andy

 

Yep good points.

I was told a long time ago, never think of a option adding value to your car. Think more like it iwill make it more sellable when you come to get rid and in turn that may mean someone will pay a little extra for it! With this in mind I have always got a basic spec quote from a dealer and used that basic GFV for my calcs, even if a option did make it a little higher.

I've had Audi's for my past fee cars and it's true to check different models out. It always worked out more expensive for a A3 than a A4 with equivalent spec! This was due to the fact that you had to add loads of options to the A3 to make it anything like a A4.

 

Interesting post as I have had mine nicked...I'm now in the market to buy a new

That's not good, did they get your keys?

 

I managed 19% form a 118d Msport back in November with a 5.9% pcp with no deposit

Sent from my iPhone using Tapatalk

 

I would be quite interested if anyone would be happy to share what sort of discount they managed to achieve on a 116i M Sport. Or am I being too cheeky ?

I got 16% off the OTR price for my 116i M-Sport which has about £2k of options. You'll likely get less discount on a base model.

 

Strange how audi, vw mercedes only seem to offer 7-9% max on a new car. Bmw must structure their prices differently to be able to offer 18% discounts (not complaining though). Maybe its ploy from bmw as we all like to think we are getting a bargain and your likely to go back to them if you think you can get the same level of discount on your next car.

 

I think it's worth bearing in mind that the %discount seems to increase on cars with lot of options. It seems unlikely for a car with few options to be able to get the same % of discount.

At the end of the day, your time is best spent with a dealer finding out how much they are prepared to sell a car for.

Hearing that somebody in the Internet got a certain % off a car does not mean that your local dealer will be in a position to offer the same when you walk in there next Tuesday. There are many, many variables which affect what a dealer is prepared to offer.

 

Strange how audi, vw mercedes only seem to offer 7-9% max on a new car. Bmw must structure their prices differently to be able to offer 18% discounts (not complaining though). Maybe its ploy from bmw as we all like to think we are getting a bargain and your likely to go back to them if you think you can get the same level of discount on your next car.

Given its easy to achieve high discounts, it means they're overpriced in the first place.
Anything between 11-23% can be achieved depending on the model.

 

Strange how audi, vw mercedes only seem to offer 7-9% max on a new car. Bmw must structure their prices differently to be able to offer 18% discounts (not complaining though). Maybe its ploy from bmw as we all like to think we are getting a bargain and your likely to go back to them if you think you can get the same level of discount on your next car.

Yep max I have had on an Audi is 9%, although if you want an A7 or A8 you can get a lot more. If I hadn't had the best discounts when buying new cars I would have ended up in negative equity a lot more when using PCP. I've always been lucky and been able to be positive within 18 months - 24 months on 4 year deals (just 20 months on my A4, I have just sold)

It may be a ploy, but I feel sorry for people who think they have got a deal and haven't really. Someone at work was telling me how they had saved £1100 on a 118D M Sport and they said they had got a really good deal.

 

I think it's worth bearing in mind that the %discount seems to increase on cars with lot of options. It seems unlikely for a car with few options to be able to get the same % of discount.

At the end of the day, your time is best spent with a dealer finding out how much they are prepared to sell a car for.

Hearing that somebody in the Internet got a certain % off a car does not mean that your local dealer will be in a position to offer the same when you walk in there next Tuesday. There are many, many variables which affect what a dealer is prepared to offer.

Or take the stance that it's a hard world out there and if your local dealer won't offer you the same discount as the best, just travel. I got my last car 250 miles away from where I live and it cost me £48 for a train ticket to pick it up. I'd do it again if they can't match my best quote. everyone loves a good deal!

 

I managed 15% on wife's new Audi (couple of years ago - £35k list) without taking Audi finance - did that through a broker so very painless,,,

Looking to tie up BMW deal soon with a good deal - again prepared to travel UK wide if deal works (and as a car for work miles any penny saved helps!).. But certainly encouraging the discounts available on the BMWs at the moment. Audi won't touch them and Mercedes still don't have the build quality/engines (unless you count the A45 AMG!)....

 

I have negotiated 15% off a new 118d M-Sport, this includes the 5 year service plan. In addition, They have contributed 1,600 towards my PCP down payment. 500 of this is the loyalty payment from BMW.

So did you get 15% off plus the finance contribution? Or was it 15% total?

15% off, plus the finance contribution

 

I just got 16% + the loyalty contribution.