Just had written confirmation of availability of the car, which I guess I'm not too surprised at seeing as the deal only seemed to have gone live from Monday.
Finance Quotation
Personal Contract Hire
VEHICLE DETAILS
Manufacturer and Model: BMW 2 SERIES CONVERTIBLE 228i M Sport 2dr [Nav] [2016.25]
Transmission: Manual
Exterior Paint: Solid Paint - Alpine White
Interior: Hexagon cloth/Alcantara upholstery
Standard Features: Please visit the manufacturers website for full details
Additional Options: N/A
Vehicle Status:
Availability (Best Estimate)
Factory Ordered
12-14 Weeks Delivery
Please note – ‘Stock’ vehicles can be located at
the dealer, in a centralised UK storage location
or en route from the Factory holding compound.
FINANCE QUOTATION
Finance Product Type: Personal Contract Hire (Click here for further details)
Finance Provider : LeasePlan UK (Network)
Length of Contract: 24 Month Contract
Repayment Profile: 6 rentals in advance followed by 23 monthly rentals
Annual Mileage: 8,000 Miles Per Annum
Maintenance: Non-Maintained Contract Ref: 1243974/21 Maintained Contract Ref: 1243974/2
Monthly Rental: (incl. VAT) £287.57 £313.70
Initial Rental: (incl. VAT) £1,725.42 £1,882.20
Excess Mileage: (incl. VAT)
Pence Per Mile
Contract mileage allowance 16,000 miles
- 16,100 miles No charge
- 18,400 miles 13.87p per mile
Contract mileage allowance 16,000 miles
- 16,100 miles No charge
- 18,400 miles 18.34p per mile
Quote Validity: Valid until Allocation slots fill
FEE PAYABLE TO GATEWAY2LEASE
Administration fee:
(including VAT)
£180.00
For the services we provide to you, the client, we charge an administration fee of £180 including VAT. Our fee will be invoiced to you shortly
after the receipt of your order and is payable by bank transfer or cheque prior to delivery of your vehicle. Our invoice will be in the name of
Marshall Management Services Ltd T/A Gateway2Lease. Marshall Management Services Ltd T/A Gateway2Lease are a Licensed Credit Broker
IMPORTANT INFORMATION
Road Fund License:
Road fund license is included for the duration of the contract.
Delivery:
UK mainland delivery included.
VAT:
All VAT is charged at the standard rate.
Excess Mileage Charges:
The excess mileage charges shown is for each mile you drive over
your total mileage allowance.
Maintained Contracts: Including :
All Manufacturers scheduled servicing in addition to any routine
and unexpected maintenance issues.
Also Unlimited Premium Branded tyre replacements.
NOTE - please refer to the maintenance guide for full
information.
End of contract options:
(1) Arrange to have the vehicle collected.
(2) Continue to keep the vehicle and enter into a rolling month by
month contract.
(3) Formally extend the contract for three or six months - subject to
approval.
Terms of Business:
Click here to view our terms of business
Terms and Conditions:
Click here to view our terms and conditions
IMPORTANT FOR DIESEL VEHICLES : Please refer to the Diesel Particulate Filter information at the following location. Click Here
Asked for discount and didn't get any, all I could get out of them was waiving the admin fee.
Just noticed on the maintained lease plan they say unlimited premium tyre replacements. Wonder what the fair usage policy is on that
This really doesn't seem like a very good deal - certainly in the realms of other deals we've seen. I'm not even sure if it makes sense versus simply buying a 228i let alone being good enough a deal to make you consider a car you'd not otherwise have gone for.
The excess mileage charges seem punitively expensive, too.
The maintained aspect is almost worthless - it's a 16k mile contract so there will likely be zero servicing required and probably no tyres either.
Why would you pay £9k to drive a 2 Series for 2 years?