Andrew Posted April 14, 2011 Report Share Posted April 14, 2011 I don't suppose there is anyone left in here now is there? Deposit paid on an 08 M3 Coupe, Silverstone II, 16k miles, great history, most extras other than upgraded sound system. From a main dealer too and I got a pretty good price in the end. I didn't think I'd ever get there. Going to see it Saturday after my training session and probably pick it up in May after my big race. I need another cup of tea. Thanks to MrMe for putting up with my constant questions over haggling with dealers! Link to comment Share on other sites More sharing options...
Biscuits Posted April 14, 2011 Report Share Posted April 14, 2011 WOOP WOOP ! ! ! Great choice Andrew, I miss the one I had and get hunger pangs every time my business partner turns up in his. 08 models are getting to sensible money now... look forward to seeing the pictures and hearing the smile on your face when you pick it up :D Link to comment Share on other sites More sharing options...
Andrew Posted April 14, 2011 Author Report Share Posted April 14, 2011 Cheers, I can't wait to drive it. It was quite some struggle over getting a decent discount - next challenge is getting them to put more that 1/4 tank of petrol in it! Link to comment Share on other sites More sharing options...
NewNiceMrMe Posted April 14, 2011 Report Share Posted April 14, 2011 Excellent. Not to mention that you saved yourself a a lot more money than you thought you would and now have a Stage I Certificate in Twatness. I still think there was another £500 in it though. Link to comment Share on other sites More sharing options...
Torino101 Posted April 14, 2011 Report Share Posted April 14, 2011 Just a touch jealous! Well done Andrew - Enjoy!! Link to comment Share on other sites More sharing options...
Calm Chris Posted April 14, 2011 Report Share Posted April 14, 2011 Well done Andrew, your repute for wise investments might now be in jeopardy. Feck it- you on live once, enjoy ! Link to comment Share on other sites More sharing options...
Andrew Posted April 14, 2011 Author Report Share Posted April 14, 2011 Well Chri5 - you did once tell me that I need to enjoy it as well as just save it! I'm using my low yield investments for this ... otherwise known as cash! Link to comment Share on other sites More sharing options...
Chick Posted April 14, 2011 Report Share Posted April 14, 2011 Great colour too ..... congratulations Link to comment Share on other sites More sharing options...
Drinks Posted April 14, 2011 Report Share Posted April 14, 2011 Congrats, look forward to the pics Link to comment Share on other sites More sharing options...
bazza_g Posted April 14, 2011 Report Share Posted April 14, 2011 great car and colour - can we start taking bets on how long your first set of rear tyres is going to last...? Link to comment Share on other sites More sharing options...
Andrew Posted April 14, 2011 Author Report Share Posted April 14, 2011 They have 5mm of tread on the rears if that helps the odds! Contis too - I'd have rathered Michelin's but I gather there are availability issues with the PS2 replacements. Link to comment Share on other sites More sharing options...
NewNiceMrMe Posted April 14, 2011 Report Share Posted April 14, 2011 Oh well, they'll last 1,000 miles then. Link to comment Share on other sites More sharing options...
max_b Posted April 15, 2011 Report Share Posted April 15, 2011 Well done mate congrats on your new purchase, seems like it's been a long wait, so I reckon that should add to your enjoyment when you pick it up, get some pics up when you're ready Link to comment Share on other sites More sharing options...
Andrew Posted April 16, 2011 Author Report Share Posted April 16, 2011 Thanks Max - I've had a few different thoughts along the way too! RS4, 996 Turbo etc etc. I've been a bit of a girl on this one! Been to see it in the flesh this afternoon and it is pretty much immaculate. There is a small scratch on the rear bumper which they are sorting out but otherwise it looks ok to me. And if anything goes wrong I've the 12 months warranty to fall back on if needed. A couple of questions for the masses though please: They offered me GAP insurance for £990 for three years' cover. Normally I'd not be interested BUT, with it comes £3k of repairs for scratches, chips and dents. They will cover scratches and dents up to 15cm long up to £500 six times over the course of three years. What do we think about that? It must be a ruse somehow. The other thing they tried to get me into was finance. I don't need it but the chap did say his flat rate was 4.1% (APR higher than that) so I wanted to know what the thoughts were on that. I still don't think I'll take it but it was interesting for a second. The dealer is part of the Sytner group if that makes any difference. The only other annoying thing is that I've got to wait until the 4th May before I go and get it! Link to comment Share on other sites More sharing options...
SINGH Posted April 16, 2011 Report Share Posted April 16, 2011 Make sure you post some pictures Andrew, your not going to be able to sleep on the 3rd May. Link to comment Share on other sites More sharing options...
billy2shots Posted April 16, 2011 Report Share Posted April 16, 2011 Well done mate. I'm glad you found the right car. There's nothing like the feeling waiting to pick up a new car, so much excitement and so little sleep. Take it easy when you get her, don't be too tempted to go too quick too soon. Link to comment Share on other sites More sharing options...
Cuprabob Posted April 16, 2011 Report Share Posted April 16, 2011 Thanks Max - I've had a few different thoughts along the way too! RS4, 996 Turbo etc etc. I've been a bit of a girl on this one!Been to see it in the flesh this afternoon and it is pretty much immaculate. There is a small scratch on the rear bumper which they are sorting out but otherwise it looks ok to me. And if anything goes wrong I've the 12 months warranty to fall back on if needed. A couple of questions for the masses though please: They offered me GAP insurance for £990 for three years' cover. Normally I'd not be interested BUT, with it comes £3k of repairs for scratches, chips and dents. They will cover scratches and dents up to 15cm long up to £500 six times over the course of three years. What do we think about that? It must be a ruse somehow. The other thing they tried to get me into was finance. I don't need it but the chap did say his flat rate was 4.1% (APR higher than that) so I wanted to know what the thoughts were on that. I still don't think I'll take it but it was interesting for a second. The dealer is part of the Sytner group if that makes any difference. The only other annoying thing is that I've got to wait until the 4th May before I go and get it! Congratulations on your new car. With regards to the finance 4.1% base (circa 8.2% APR) is average. For example M&S are doing 6.9% APR at the moment via moneysupermarket for loans between £5k and £14950. Link to comment Share on other sites More sharing options...
Andrew Posted April 16, 2011 Author Report Share Posted April 16, 2011 Thanks Bob - I'm not sure how flat and APR relate - might have to Google that. In any case, I'm better off not taking their offer. A dealer snap attached! Link to comment Share on other sites More sharing options...
Booster Posted April 16, 2011 Report Share Posted April 16, 2011 4.1 flat on used is as cheap as you will get on car finance. There are others that will do 3.5 but getting it is bloody hard work. Looks a lovely thing! If you are in the market for gap, www.click4gap.co.uk will be about £175 for return to invoice which is the one you need. Forget the scratch cover rubbish. It's sales patter and they will wriggle if you try to claim. Link to comment Share on other sites More sharing options...
Maxyboy Posted April 16, 2011 Report Share Posted April 16, 2011 Very nice indeed. Link to comment Share on other sites More sharing options...
Cuprabob Posted April 16, 2011 Report Share Posted April 16, 2011 My rule of thumb with these types of loans are that APR is roughly twice the base rate. For me base rate is important, for example if you borrow £10k at a base rate of 5% then the interest is £500 for every year you take the loan over i/e. 1yr = £500, 3yr = £1,500 Link to comment Share on other sites More sharing options...
Andrew Posted April 16, 2011 Author Report Share Posted April 16, 2011 Cracking, thanks for the explanation. Link to comment Share on other sites More sharing options...
Biscuits Posted April 16, 2011 Report Share Posted April 16, 2011 A dealer snap attached! [ATTACH=CONFIG]43183[/ATTACH] Proper bit of kit Andrew, I know you're going to enjoy it... May 4th will arrive soon enough With regards GAP, like Booster said, Return To Invoice cover is what you're after. The plan they've offered you sounds expensive for the value of car. For three years and £20k's of cover (which IMO is a lot more than you'll need, £10-15k would be plenty) you should be looking at £450 from a BMW dealer (tell them Baron's in Hindhead if they as for proof! ). I don't have any experience of click4gap, so don't know their level of cover offered for £175. One insurance I would go for is tyre cover, the 19's are c£300 each... And for £300 you can have up to £1,500/5 claims on the BM policy... When you get a "puncture" :wink: 18 more sleeps !!! :D Link to comment Share on other sites More sharing options...
Andrew Posted April 18, 2011 Author Report Share Posted April 18, 2011 Thanks Biscuits - I did think there must be a catch somewhere. The finance guys were very eager to see me. Luckily I've got lots on until the 4th like this race, a busy work week and a week's holiday. I am looking forward to bringing it back though. It shouldl also enjoy its final home in Edinburgh where it can stretch its legs a bit more in some of the rural roads I've been promised! Link to comment Share on other sites More sharing options...
shark_90 Posted April 20, 2011 Report Share Posted April 20, 2011 Good luck picking it up Andrew.. may the fourth be with you! (Well, someone had to say it) Link to comment Share on other sites More sharing options...
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