EWFS (Eastern Western Fleet Services) Deals & Sales for 2016 - HotUKDeals
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EWFS (Eastern Western Fleet Services) Deals & Discounts

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BMW M5 Personal lease £630 X 36 + £3780 (£26,460.00 +admin fee) @ EWFS

26
Seems like a really good deal... Looking for opinions please (e.g. buy a one year old one etc.). Deal source: Majhaar Technical data from BMW: Cylinders/valves8/4 Capacity (cc)4395 Max output (…
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DarkBat1
My point is that the M5 depreciates very rapidly, therefore a lease deal is a very good idea.
A lease or pcp, you're paying for that depreciation so what advantage is there?

A PCP you'll often be paying for the depreciation, but with a lease you pay what you pay. If you get a good deal (like this one) then you'll not come close to paying the depreciation.

This is a £75,000 car. If you lease it for three years you'll pay £27,000 and give it back. Done.

If you buy it on a PCP for £75,000 you'll very likely end up with a guaranteed future value/settlement figure in the £40,000 region (or less) and that would mean a much higher monthly payment, ergo a higher total cost. You MAY get some cash back out of a PCP deal (unlike a lease) but not often on cars that depreciate like these.

If you bought this car on finance or with cash for £75,000 then think about what it will be worth after 3 years.... Do you really think it will be more than £50,000?

That, ladies and gents, is leading in a nutshell. If the deal is bad, it's bad. If the deal is good, then it's worth comparing the numbers. One thing you always have with a lease is certainty - fixed price, fixed end point, no need to resell or mess about.

No doubt the pedants will say that no one pays £75k for these and that is true, but it's list price is higher than that so I've gone for the middle ground. Either way, the numbers above are broadly indicative of what will actually happen.

Rgds
Matt
My point is that the M5 depreciates very rapidly, therefore a lease deal is a very good idea.

A lease or pcp, you're paying for that depreciation so what advantage is there?
RagingKileak
MazingerZ
RagingKileak
MazingerZ
RagingKileak
MazingerZ
Absolutely pointless to lease a car lile this. But hey opinions.
That said, I had a 2011GTR on hire, oops!!
Rubbish. This is the perfect sort of car to buy on lesse, only a lunatic or a very rich man would buy one new and think it a good idea!
buckmr2
Matt
Why not bring your XFR to Santa Pod next weekend for the Run What You've Brung (Saturday) event.
It's around £30 to go down the strip as many times as you want for the day.
There's usually about 15-20 of us there from all over the country in Jags , me in my methanol (18p/ltr :-) XJ TDVi LWB , various supercharged Jags many with Nitrous and one with a twin screw and nitrous as well as a number of standard cars.
Anyone can turn up and take their cars down the 1/4 mile strip, watch the drag bikes etc etc.
Great day out even though it's a 450 mile round trip for me. Still trying to convince a mate take his XJS 6.0 V12 but he may need to remortgage first the amount it'll cost him in fuel...lol!
Sounds like some impressive machinery! Tbh the Jag is the car I'd be least likely to take to the Pod if I'm honest, I've been running Honda's, VW's and BMW's for years with a high degree of tune, but the XFR will be staying standard. It's a long round trip for me too and I'm not sure what I'd get out of it - I bought the Jag as it was a sensible family car with a monster engine now we have a daughter - a good compromise!
Maybe in a few years I'll go back to an M3 or similar and a daily and I'll start doing track days again!
Matt
Between a lunatic and a very rich man, there's quite a few more types I can think of.
My point is that the M5 depreciates very rapidly, therefore a lease deal is a very good idea.
I suppose you could also say that's a good car for an enthusiast who isn't rich, but has saved hard to buy a car they want which they will keep for many years. Sadly writing out that very specific example would have taken some of the bite out of my comment.
Feel free to submit (preferably in an excel spreadsheet) your exhaustive list of other prospective buyers for my consideration. I'm more than happy to discuss it at length if you feel it's neccessary. Maybe we can get a cuppa and make a day of it?
Rgds
Matt
You're doing it again, 'quite some' into 'exhaustive'. Don't worry about it!
"quite a few" was the actual quote.
Wait.... have I somehow been dragged into a pedantry war? Why are we even talking about this? What were you actually trying to say with your first response??
Rgds
Matt

No idea, I'm on my lunch break :)
MazingerZ
RagingKileak
MazingerZ
RagingKileak
MazingerZ
Absolutely pointless to lease a car lile this. But hey opinions.
That said, I had a 2011GTR on hire, oops!!
Rubbish. This is the perfect sort of car to buy on lesse, only a lunatic or a very rich man would buy one new and think it a good idea!
buckmr2
Matt
Why not bring your XFR to Santa Pod next weekend for the Run What You've Brung (Saturday) event.
It's around £30 to go down the strip as many times as you want for the day.
There's usually about 15-20 of us there from all over the country in Jags , me in my methanol (18p/ltr :-) XJ TDVi LWB , various supercharged Jags many with Nitrous and one with a twin screw and nitrous as well as a number of standard cars.
Anyone can turn up and take their cars down the 1/4 mile strip, watch the drag bikes etc etc.
Great day out even though it's a 450 mile round trip for me. Still trying to convince a mate take his XJS 6.0 V12 but he may need to remortgage first the amount it'll cost him in fuel...lol!
Sounds like some impressive machinery! Tbh the Jag is the car I'd be least likely to take to the Pod if I'm honest, I've been running Honda's, VW's and BMW's for years with a high degree of tune, but the XFR will be staying standard. It's a long round trip for me too and I'm not sure what I'd get out of it - I bought the Jag as it was a sensible family car with a monster engine now we have a daughter - a good compromise!
Maybe in a few years I'll go back to an M3 or similar and a daily and I'll start doing track days again!
Matt
Between a lunatic and a very rich man, there's quite a few more types I can think of.
My point is that the M5 depreciates very rapidly, therefore a lease deal is a very good idea.
I suppose you could also say that's a good car for an enthusiast who isn't rich, but has saved hard to buy a car they want which they will keep for many years. Sadly writing out that very specific example would have taken some of the bite out of my comment.
Feel free to submit (preferably in an excel spreadsheet) your exhaustive list of other prospective buyers for my consideration. I'm more than happy to discuss it at length if you feel it's neccessary. Maybe we can get a cuppa and make a day of it?
Rgds
Matt
You're doing it again, 'quite some' into 'exhaustive'. Don't worry about it!

"quite a few" was the actual quote.

Wait.... have I somehow been dragged into a pedantry war? Why are we even talking about this? What were you actually trying to say with your first response??

Rgds
Matt
RagingKileak
MazingerZ
RagingKileak
MazingerZ
Absolutely pointless to lease a car lile this. But hey opinions.
That said, I had a 2011GTR on hire, oops!!
Rubbish. This is the perfect sort of car to buy on lesse, only a lunatic or a very rich man would buy one new and think it a good idea!
buckmr2
Matt
Why not bring your XFR to Santa Pod next weekend for the Run What You've Brung (Saturday) event.
It's around £30 to go down the strip as many times as you want for the day.
There's usually about 15-20 of us there from all over the country in Jags , me in my methanol (18p/ltr :-) XJ TDVi LWB , various supercharged Jags many with Nitrous and one with a twin screw and nitrous as well as a number of standard cars.
Anyone can turn up and take their cars down the 1/4 mile strip, watch the drag bikes etc etc.
Great day out even though it's a 450 mile round trip for me. Still trying to convince a mate take his XJS 6.0 V12 but he may need to remortgage first the amount it'll cost him in fuel...lol!
Sounds like some impressive machinery! Tbh the Jag is the car I'd be least likely to take to the Pod if I'm honest, I've been running Honda's, VW's and BMW's for years with a high degree of tune, but the XFR will be staying standard. It's a long round trip for me too and I'm not sure what I'd get out of it - I bought the Jag as it was a sensible family car with a monster engine now we have a daughter - a good compromise!
Maybe in a few years I'll go back to an M3 or similar and a daily and I'll start doing track days again!
Matt
Between a lunatic and a very rich man, there's quite a few more types I can think of.
My point is that the M5 depreciates very rapidly, therefore a lease deal is a very good idea.
I suppose you could also say that's a good car for an enthusiast who isn't rich, but has saved hard to buy a car they want which they will keep for many years. Sadly writing out that very specific example would have taken some of the bite out of my comment.
Feel free to submit (preferably in an excel spreadsheet) your exhaustive list of other prospective buyers for my consideration. I'm more than happy to discuss it at length if you feel it's neccessary. Maybe we can get a cuppa and make a day of it?
Rgds
Matt

You're doing it again, 'quite some' into 'exhaustive'. Don't worry about it!
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