AlexF

now thats a plan!

home 1st simply becuase you need somewhere to keep your car!

Lambchop

iTrader: (1)

doesnt buying the scoob in the 1st place equate to the same thing? ROTF

Fagin

I certainly wouldnt put money in to bricks!! Forecasts are already looking at around a 30% drop in house prices (from last year) over the next couple of years, with around 8.5% already happened since this time last year! You would be better off sticking any cash in to the highest, no risk, savings account for the moment.

Even the Chinese economy has already started to slow down and that was boom time up until recently.

Ryan

alex wouldnt be my only property, i already have a house and other investment in a rental property, its whether i should buy another rental property when the market hits rock bottom, as it would be a sizable deposit, and a very low LTV on the BTL morgage.

Fagin

roflol @ lambchop

.... sorry, I should of included "MORE" in to the statement!

Ryan

shaun, i would certainly wait a while, until it hit bottom dollar, as i have no need to rush into it. Would just be another chance to make another investment.

Fagin

Based on forecasts at the moment Ryan, I think you will be at least 18 months (maybe more) away from that scenario.

I know a couple of people that started in to the BTL market around 3yrs ago (one of them had a £1 million property portfolio). They are well in the shit now.

Ryan

yeah i know the market isnt going to slump overnight, and next year i may go travelling for a year, and then come back and make some decisions the following year.

My investements in property are very low as i wanted as little risk as possibly, so my rental property has a very low market value already so wont drop much at all, yet the rental income from it is very good considering its market value.

Its everything above the 150k market thats going to be most effected and the higher up you go the higher the loss, as i've just found out on my current project

Kev.H

i just got a csl dude said the boxes are 8k engine is 18k lol i think u can buy warrenty if your worried mine still has 6 months

carlo

iTrader: (4)

BMW extended warranty is a farce now.Every claim on M model you have a £250 xs & costs between £800 & 1k cant remember the correct prices as its been ages scince we have sold one..

GAZ345

warrenty prices changed this year


BMW have adjusted the pricing structure on CSL's/M3.
There are now 3 levels of cover ,Comprehensive,Named Component or Driveline.You can also choose whether to have an excess or not,£0,£100,£250.You can also pay monthly or annually.
BMW Warranty

Full Comp / 250 Excess / Breakdown = £690
Full Comp / 100 Excess / Breakdown = £835
Full Comp / 0 Excess / Breakdown = £951

Full Comp / 250 Excess / No Breakdown = £612
Full Comp / 100 Excess / No Breakdown = £757
Full Comp / 0 Excess / No Breakdown = £873

-------------------------------------------------

Named Part / 250 Excess / Breakdown = £590
Named Part / 100 Excess / Breakdown = £706
Named Part / 0 Excess / Breakdown = £798

Named Part / 250 Excess / No Breakdown = £512
Named Part / 100 Excess / No Breakdown = £628
Named Part / 0 Excess / No Breakdown = £720

-------------------------------------------------

Driveline / 250 Excess / Breakdown = £474
Driveline / 100 Excess / Breakdown = £557
Driveline / 0 Excess / Breakdown = £623

Driveline / 250 Excess / No Breakdown = £396
Driveline / 100 Excess / No Breakdown = £479
Driveline / 0 Excess / No Breakdown = £545


For cars over 60k miles

Full Comp / 250 Excess / Breakdown = £1535
Full Comp / 100 Excess / Breakdown = £1926
Full Comp / 0 Excess / Breakdown = £2235

Full Comp / 250 Excess / No Breakdown = £1457
Full Comp / 100 Excess / No Breakdown = £1848
Full Comp / 0 Excess / No Breakdown = £2157

-------------------------------------------------

Named Part / 250 Excess / Breakdown = £1266
Named Part / 100 Excess / Breakdown = £1578
Named Part / 0 Excess / Breakdown = £1826

Named Part / 250 Excess / No Breakdown = £1188
Named Part / 100 Excess / No Breakdown = £1500
Named Part / 0 Excess / No Breakdown = £1748

-------------------------------------------------

Driveline / 250 Excess / Breakdown = £880
Driveline / 100 Excess / Breakdown = £1081
Driveline / 0 Excess / Breakdown = £1240

Driveline / 250 Excess / No Breakdown = £802
Driveline / 100 Excess / No Breakdown = £1003
Driveline / 0 Excess / No Breakdown = £1162

M K

iTrader: (9)

well im no more informed on the smg's! But ive learnt a shit load about the econamy slump and credit crunch

carlo

iTrader: (4)

Gaz we used to sell between 10 & 15 warrantys a week & got bonus on them.havent had any bonus on them in over a year ppl cant be arsed with the hastle of it all.& the hastle we get telling ppl the item isnt covered ect isnt woth the hastle so were not kean on selling them.

Smoker

i have had both manual and smg e46's and the smg is a real piece of kit,under-rated by many,i know the e36's were utter shite,but this box has come along way!
go for the smg amd you will be happy trust me! master how to use the box and you will be slaughtering the manuals!
the only thing that will go on these is a £25 relay(from bmw) which only if you try a 10min burnout! lol. very rare the pumps pack up and mechanically are able to cope with over 500lb of torque,they are built well above the cars power,so go on have some fun!

Doby

I bought my first cosworth from a car dealer,i felt good about having a years warranty,until 1 week later the engine spun a bearing and fucked the engine,i thought no worries,warranty,nope not covered as it was visably tuned Although i caused such a fuss i got £300 from the dealer,paid partly for the pistons

I wouldnt worry about a warranty just make sure it has FSH and looks well maintained.

M K

iTrader: (9)

carlo i take it u work at bmw? I need to chase up 1s history and bmw cant tell me alot as its now 4yrs old and thier records dont go that far back

Porkie

iTrader: (1)

yes they do. what you wanna know mate. pm me

I know a tidy carbon black SMG conv with some AC bits on for sale.... 2 careful owners and me

whats your max budget. Its a very nice car. derestricted as well. Wheels and body bit tatty now so could be perfect. Red leather and all the toys. VERY local as well for you.

MikeR

This credit crunch things has not effected my boss hes just brought 2 20million euro helicopters in one afternoon last week lol

But do agree hate to think how much my Porshce has depriciated since we got it

Mike

Paul Eggleton

Gaz, or anyone at BMW, do you know if BMW let you back into the fold if you had a warranty with some one like warranty direct. I wasn't prepared to pay the £1000+ that BMW used to charge so went for WD's platinum one for £680. It will run out in October and those pricess aren't too bad. All I want to cover is engine, box and diff really.

It has FBMWSH..........

GAZ345

bmw will not let you restart the warrenty

Paul Eggleton

Not even with FBMWSH??

I may have to twist the dealers arm a bit...

GAZ345

the only way you could do it would be to sell it to the dealer & buy it back off him,which is not worth it

Fagin

MK,
My mate has owned his SMG M3 for nearly 4years. Done 50k+ himself and drives the car like a RWD car should be driven! SIDEWAYS He has not had one single problem with his and we only discussed recently how reliable the car has been.

If your saving a shedload against a dealer price I wouldnt worry about it, as long as the car is in good condition and has a full service history. TBH if you are in the market I would leave it for 6 months or so, which imo would save you another wedge of cash. A 3.2ltr performance car is going to drop further over the coming months. Your choice though matey.

Captain Mike,
There will always be people with shitloads of money regardless of the economy........ unfortunately most of us are not in that catagory.

Fagin

As GAZ345 has said.... once the warranty has lapsed your fooked! Unlike your Porsche warrantys.

MikeR

Porsche hum great dont service for 20k compared to my Evo...

Fagin you are right some people have money to spend regardless, my boss seems to be one of those lucky few

Mike

M K

iTrader: (9)

set myself a max budget of 17k which is feasable the way the market is falling, if i wanted a coupe the choices are endless but im hook on the convert idea as ive never had 1

Jim Galbally

you don't seem the type to drive a 'vert?

only homos like fozzy drive verts

you do look a cock in an M3 with the roof down

cfoster

hahahahaha cheeky coont!!!!!! Specially coming from an YELLOW M3 driver!!!!!!!!!!! :P

Jim Galbally

shit

M K

iTrader: (9)

differance is jim......id be a good looking cock

Jim Galbally

double shit

M K

iTrader: (9)

Jay,

iTrader: (4)

drove the smg 36 and 46 and a sorted csl for a good while and imo the csl is mental the other 2 are like taking a limp dick to a orgy

Doby

is their much of a performance difference between the M3 and CSL?Is the SMG2 box set differently etc?