hi guys

 

took the plunge last year and went for a new bmw 5 series after speaking to the finance guy at the bmw garage it sounded a good deal, as i understood it and how it was explained to me, the new beemer was 27.5k now i sold my audi to put down a 7.5k deposit final value of bmw in 2 years was 17k now when i asked about when it comes to exchanging the car after the two years the 17k final value was the deposit on the next new beemer and no other deposit needed

 

how wrong was i there was a new guy in the finance dept and told me i had to put down a deposit of 7.5k again to get a new bmeer and keep the monthly payments the same, maybe its me but this wasnt explained to me as i wouldnt have done it. sounds damn expensive to me anyone have any thoughts on this.

What does the sale agreement have on it?, you should have had that on paper.

I would imagine your 17k was the future guaranteed value, when the 2 years are up if the car was worth 21k for example then 4k would be your deposit towards the next car.Had a gfv of 12000 on a volvo i bought which i cud refinance an keep the car or use any value above this amount as a deposit for next one. Hope this makes sense

I would imagine your 17k was the future guaranteed value, when the 2 years are up if the car was worth 21k for example then 4k would be your deposit towards the next car.Had a gfv of 12000 on a volvo i bought which i cud refinance an keep the car or use any value above this amount as a deposit for next one. Hope this makes sense

 

yep that makes sense this wasnt explained to me when i bought it and surprise surprise shortly after i left the sales man and finance guy had left also, more so my fault for not checking the sales agreement in detail, lets hope its worth more than 17 by next year and will have a decent deposit, oh and just another little rant i asked what the mpg is and the bhp was told 177 bhp and 52 mph i got the last of the 163 bhp and 37mpg :( getting rid of the old stock i think

yep that makes sense this wasnt explained to me when i bought it and surprise surprise shortly after i left the sales man and finance guy had left also, more so my fault for not checking the sales agreement in detail, lets hope its worth more than 17 by next year and will have a decent deposit, oh and just another little rant i asked what the mpg is and the bhp was told 177 bhp and 52 mph i got the last of the 163 bhp and 37mpg :( getting rid of the old stock i think

 

Go for the X5 Dewi i love mine

Its the only thing that stops me going nuts with my z being off the road.

X5 looks awsome really does the only thing is the boot is too high for the dog to jump down from its bad for there joints, saying that i could make a little ramp but after being in yours it really is a class car how bout a swap LOL!!