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You can never say never, but BMW is unlikely to drastically reduce AP prices. I considered one of their models a few months ago but the AP (£7999) just made it too costly. Then BMW removed it from the scheme.
However, as the iX1 is electric and the motor industry needs to shift those, BMW may reduce the AP somewhat to get them out of the door. Not by much though.
However, as the iX1 is electric and the motor industry needs to shift those, BMW may reduce the AP somewhat to get them out of the door. Not by much though.
I test drove an i4 around a year ago and the AP they wanted for that was £4999. Now sitting at £6249 AP for an iX1 with so-so range and below par charge rate/tech. Seems a very unrealistic ask from potential customers now.
£995 AP for a Scenic e-tech , seems to be where my money is heading 🙂
Missing sounds I was talking to a dealer today and he said he expects all EV prices to start going up and by a fair bit. More inline with ice cars.
Motability seems more of an outlet for EV’s, to help manufactures get stock out the door/meet ZEV targets. Its quite clear Motability bare no parity with the outside world, where BEV’s still command a higher price than their equal ICE.
Who knows!
Missing sounds I was talking to a dealer today and he said he expects all EV prices to start going up and by a fair bit. More inline with ice cars.
Interesting but as manufacturers apparently will be heavily fined if they don’t get enough of their EV models out the door, then they may use Motability as a means to stay onside.
@AlexT – It’s way too much money, not worth it. Especially as you’ll likely need to add options which are not cheap.
BMW will ask for the money because of the badge.
I was considering the M3 estate because of my assistance dog and the fact it was a great car to drive, especially compared to other estates on scheme. Yet even the dealer was saying it was too pricey (£7999) to make it practical. Glad they took it off the scheme though as it was tempting.imo The likes of BMW are in for a chinese wake up call
And when that happens the unrealistic APs will tumble
BMW will ask for the money because of the badge. I was considering the M3 estate because of my assistance dog and the fact it was a great car to drive, especially compared to other estates on scheme. Yet even the dealer was saying it was too pricey (£7999) to make it practical. Glad they took it off the scheme though as it was tempting.[/quote]
At one time the BMW badge was worth paying for, cant say the same nowadays. There is not as much of a divide between manufacturers nowadays as what there used to be. £3500 AP would get you a Skoda Superb Estate right now , which is a more acceptable number than £7999. Plus its probably just as much car as the BMW is.
imo The likes of BMW are in for a chinese wake up call And when that happens the unrealistic APs will tumble
Ironically BMW sell their cars in china at prices 50% off what they charge customers in the west, and still manage to make money from doing so.
[/quote] At one time the BMW badge was worth paying for, cant say the same nowadays.[/quote]
Don’t disagree with that but the prestige the badge has is still a huge draw; and BMW know it.
At one time the BMW badge was worth paying for, cant say the same nowadays.[/quote] Don’t disagree with that but the prestige the badge has is still a huge draw; and BMW know it.[/quote]
Badges alone cannot cut it for much longer,Quality build/Sexy looks and being affordable will win the day
Competion has never been stronger
Things are changing BMW MERC VOLVO better look out imo
imo The likes of BMW are in for a chinese wake up call And when that happens the unrealistic APs will tumble
Ironically BMW sell their cars in china at prices 50% off what they charge customers in the west, and still manage to make money from doing so.
Lets see how that pans out from now on once the tariff wars kick in
The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. The new tariffs on individual manufactures range from 17.4% to 37.6%, which is on top of a 10% duty that was already in place for all electric cars imported from China.4 Jul 2024
BMW AP prices will fall, no doubt.
They will need to sell them to reach the ZEV mandate of 22% EV manufacturing and sales in 2024. This rises to 28% in 2025,and 52% in 2028. Essentially, next year ICE vehicle production will be cut and EV,s increased. ICE cars will be ordered months in advance just to get one, and Motability customers wont have a look in.
Getting fined £15K per ICE car over the mandate is not a good business model.
As suggested, the cheap chinese EV imports is killing BMW. The chinese EV,S are quality products and more technologically advanced than European ev,s.
The next 6 months will be interesting for Motability offerings.
Interestingly BMW had already reached their ZEV Mandate target of 22% by August 2024, as have several other manufacturers. The manufacturers still to reach their target (End of August 2024) are VW, Stellantis, Ford, Toyota, Nissan, Renault, Tata, Honda, Suzuki & Mazda. The targets vary for each car manufacturer!!
See table below for details;
@Ele BMW have one of the best quality interiors in comparison to top tier brands like Mercedes and Volvo, you can’t deny how well built they are nor do their EVs actually look like an EV (i4) which is what ICE customers want. Their EVs and ICE are also much faster than other brands, faster than what they claim so it is worth the extra money, it’s supposed to be a prestige brand you can’t expect it to hand in hand with Toyota or Kia.
Not everyone is willing to pay the price but a lot of us on here have paid 7-10K in AP just to get one and it was worth it.
@Ele BMW have one of the best quality interiors in comparison to top tier brands like Mercedes and Volvo, you can’t deny how well built they are nor do their EVs actually look like an EV (i4) which is what ICE customers want. Their EVs and ICE are also much faster than other brands, faster than what they claim so it is worth the extra money, it’s supposed to be a prestige brand you can’t expect it to hand in hand with Toyota or Kia. Not everyone is willing to pay the price but a lot of us on here have paid 7-10K in AP just to get one and it was worth it.
Dont think your idea of worth represents that of Mr average but each to their own
You paid 7-10K lol just for a badge?
Had a new BMW myself Ap £500 in 2018 it wasnt all that imo very twitchy thing and I handed it back 2yr early one of the reasons was that it drank more than George Best
Once bitten twice shy as they say
Imo Ford/Vauxhall/Renault have better steering and road handling I can say that from experience of driving them all
Back to main point BMW imo could well take a 32% sales hit when China hits back with their own tariffs and my guess is BMW will then drop their AP to a realistic level just to shift cars Maybe even to zero AP
Time will tell but in any event there is strong competition coming which will shake thing up for sure
The manufacturers still to reach their target (End of August 2024) are VW, Stellantis, Ford, Toyota, Nissan, Renault, Tata, Honda, Suzuki & Mazda. The targets vary for each car manufacturer!!
Be waiting along time for Suzuki, as their first EV isn’t expected to go on sale untill 2025.
@Ele Myself and plenty of others paid 7-10K for luxury, performance and a head-turning car, it speaks for itself. Also 2018 models are very different to 2024 models, AP cost that much because you can pay extra to get M adaptive suspension and variable steering to change the style of driving and make the car feel lighter and easier to drive when you want which is one factor why they are different now.
I would certainly not compare the handling and steering of a Ford/Vauxhall with BMW, they are literally known to be the ultimate driving machine, then again it depends on what your purpose is for the car. I’ve also driven those cars and nothing about it would convince me that it’s better in terms of driving experience and quality feel but they’re good for daily/town driving.
You can get a good car for a lot cheaper I would agree with that so by all means.
“I was considering the M3 estate because of my assistance dog and the fact it was a great car to drive, especially compared to other estates on scheme. Yet even the dealer was saying it was too pricey (£7999) to make it practical. Glad they took it off the scheme though as it was tempting.”
£7999 for an M3 and the dealer said it was too pricey? That would be the best deal that Motability have ever done!
well some people have more money or ego than sense, 8k extra just to borrow a car for 3-5 years max.
just because its a particular badge.
i need to get as close to zero ap as i can i dont see the point in paying more than i have to for something i am going to give back.
well some people have more money or ego than sense, 8k extra just to borrow a car for 3-5 years max. just because its a particular badge. i need to get as close to zero ap as i can i dont see the point in paying more than i have to for something i am going to give back.
Couldnt have put it better 🙂
As for BMW prices I’m hoping that the X1 phev comes on the scheme for a lower price than the ix1, if not then for the ix1 price to drop but I doubt that’ll happen as someone’s mentioned they’ve met their targets
“I was considering the M3 estate because of my assistance dog and the fact it was a great car to drive, especially compared to other estates on scheme. Yet even the dealer was saying it was too pricey (£7999) to make it practical. Glad they took it off the scheme though as it was tempting.” £7999 for an M3 and the dealer said it was too pricey? That would be the best deal that Motability have ever done!
Also includes ongoing costs such as fuel as I’m still trying to sort out a driveway to allow charging. Without ability to charge at home, the estate is in the 20s mpg wise.
So, £7249 (not including options) for car itself along with petrol and public charging costs, plus a LONG wait, meant it wasn’t practical.@mitch 5 years is a long time and even if I bought out a car I would definitely change it after 5 and so do a lot of people. Customers that aren’t opting in for Merc/Audi/BMW always mention their badge but that alone gives the car a level of acknowledgement and appreciation than a Kia/Renault.
But beyond the badge the difference is the drive, quality, reliability and sustainability. When it comes to interior build, impressive technology, 4K display quality and smoothness, more aggressive exterior design and premium materials used for the panels etc. Everyone has their preference but for many this is the only chance they get to have such cars by affording it through the scheme.
“I was considering the M3 estate because of my assistance dog and the fact it was a great car to drive, especially compared to other estates on scheme. Yet even the dealer was saying it was too pricey (£7999) to make it practical. Glad they took it off the scheme though as it was tempting.”
Guessing you don’t know your BMW’s that well. There has never been a M3 on the scheme. Haha.
Well after much saving and tightening of belts, we managed to cobble together the AP for the ix1 and Monday is the day…
Much anticipated trial and hopefully the maths will hold up, £100 less cost of return trips, made every 3 months.
Sadly disappointed by mb ops that with all there purchasing power they can not come up with a better deal for us than the Paua card!!
After all the push there doing to ev then perhaps a bigger push on charging would really help.
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