BMW's new 316d

robtri

BMW have show off its newest addition to the three series line up a, 316d.. thats hits tax band A...... nice..

Check out BMW's latest addition to the 3 series family, this is BMW's most fuel efficient car they have ever produced, but yet they claim to have not compromised on the legendary BMW driving experience or comfort.
On closer inspection the new 316D, comes equipped with a four cylinder 1,995cc diesel engine, producing only 118g/km of CO2 emissions, truly BMW's greenest car.
The 316D's 1,995cc engine is connected to a six speed manual gearbox, the engine is putting down 116BHP and 260Nm of torque at 1,750rpm. Acceleration time of 10.9 seconds is claimed for the 0-62 test and BMW claim the car is also achieving a top speed of 125mph. Overall these figures suit BMW's environmental 3 series.
How fuel efficient is this new car, well figures of 62.8mpg are the official numbers or 4.5l/100km. To obtain these figures, BMW insist that the no compromise has been made on the comfort or the ride for the occupants of the vehicle, continuing the long line of BMW's "Ultimate Driving Machines"
Based on the CO2 emissions of 118g/km, this 3 series falls into the motor tax band A, that’s only €104 a year in motor tax, for a 3 series saloon.
BMW plan to release this vehicle into the wild, here in Ireland and the UK, in September 2009, priced at €37,310 and £23,330 respectively.

Cookie_Monster

BMW plan to release this vehicle into the wild, here in Ireland and the UK, in September 2009, priced at €37,310 and £23,330 respectively.

I know we've VRT and all but that is some price difference!

£23,330 = ~€28,000
25% higher cost than UK :eek:

maidhc

Why spend €40,000 on a poverty stricken car to save a hundred per annum on tax?

Owen

Cookie_Monster wrote: »

£23,330 = ~€28,000
25% higher cost than UK :eek:

£23, 300 includes VAT @ 15%
Ex Vat, that's 20260
Convert that to Euro, it's approx 24200 (Give or take, and I know XE.com is cheaper, but you can't buy money for that).
Add VAT, @21.5% - €29403
OMSP = €26, 462 (90%)
VRT @ 14% = € 3705
Add that to the Vatted price, the price to import one less ferries and all that malarky is - €33107

So, that's a bit weird. 4k Extra. It's not the 25% that CM was quoting, more like 12%, but still not explainable.

Ice_Box

THere is also an Audi A4 tdi-e on the way which does 119g co2 but with 140bhp and 0-100 of 9.5 sec.

robbie99

Cookie_Monster wrote:

£23,330 = ~€28,000
25% higher cost than UK

PaintDoctor wrote: »

£23, 300 includes VAT @ 15%
Ex Vat, that's 20260
Convert that to Euro, it's approx 24200 (Give or take, and I know XE.com is cheaper, but you can't buy money for that).
Add VAT, @21.5% - €29403
OMSP = €26, 462 (90%)
VRT @ 14% = € 3705
Add that to the Vatted price, the price to import one less ferries and all that malarky is - €33107

So, that's a bit weird. 4k Extra. It's not the 25% that CM was quoting, more like 12%, but still not explainable.

I don't mean to be too picky here seeing as your final price to import is not far wrong but you've understated the VRT payable. Here's my figures.

VRT
Irish retail € 37,310
OMSP 90% € 33,579
VRT 14% € 4,701.06

Import Costs
BMW 316d ex-UK £ 23,330
Less UK VAT 15% £ 20,286.96
Today's €/£ rate 0.861 € 23,562.09
plus currency.ie commission 0.7% € 23,727.02
plus Irish VAT 21.5% € 28,828.33
plus VRT € 4,701 € 33,529.33
plus 12 months motor tax € 104 € 33,633.33

Owen

Sorry Robbie, you're right. I based OMSP on 90% of the UK price, not the Irish.

robtri

maidhc wrote: »

Why spend €40,000 on a poverty stricken car to save a hundred per annum on tax?

why?, because the basic entry 3 series 318es is €42K rrp ( and cheapest diesel is €44K) and a lot of people buy them, so this car is cheaper to buy, cheaper to tax and cheaper to run......
fills the market in that area quite nicely...

unkel

maidhc wrote: »

Why spend €40,000 on a poverty stricken car to save a hundred per annum on tax?

Good point. But to put the €37k price tag into perspective - it is €4k less than the base 318d, which has a full list price of €41k

The performance difference will be negligable for most buyers of that type of car (base model premium brand) and presuming the specs are the same, that is some saving to be had!

@robbie99 - thanks for the clearly formatted calculation. One small point though. Distributors themselves set the % of retail for the OMSP. They can pick whatever % they want (within some reason presumably). Most pick around 90-92%, I think the most common is 92%. Last time I looked BMW uses 92%.

Robbo

I'm slightly worried that all the current CO2 saving witchcraft that the manufacturers are employing will start to impact horribly on cars in other tax bands when they start to skew the distribution curve across the tax bands.

ShadowHearth

i hate bmw badging.... 316d with 2.0 engine.....

just name it 320d plox?

Oh yeah.. you allready called 320d for 2.2 engine...

If you buy a new BMW i really doubt you think about cheaper tax... You allready payed for overpriced car.

And yes, i drove in new shaped 3 series... Sorry, but they are just not the BMW they were before... Alot of cheaper cars can do same, and even look alot better...

* Anty flame shield UP *

kmick

Calling the 316 an "Ultimate driving machine" is like saying twink is the ultimate entertainer.

EPM

ShadowHearth wrote: »

i hate bmw badging.... 316d with 2.0 engine.....

just name it 320d plox?

Oh yeah.. you allready called 320d for 2.2 engine...

316d, 318d and 320d are all 2 litre.

Sure a remap would turn a 316d into something decent enough:D

unkel

ShadowHearth wrote: »

i hate bmw badging.... 316d with 2.0 engine.....

just name it 320d plox?

Oh yeah.. you allready called 320d for 2.2 engine...

It's confusing you, isn't it?

316d, 318d and 320d all use the same 2l engine...

Edit - beaten to it by EPM

maidhc

unkel wrote: »

Good point. But to put the €37k price tag into perspective - it is €4k less than the base 318d, which has a full list price of €41k

The performance difference will be negligable for most buyers of that type of car (base model premium brand) and presuming the specs are the same, that is some saving to be had!

Talking about falling between two stools. Could these people not either buy the treehugging versions of the Passat/Mondeo/whatever or else find another couple k and spend 43k on an E Class, at least they would have a decent car and still only pay €156 tax.

Johnboy Mac

Are these cars a question of I want the badge put I want it as cheap as possible regardless?

robbie99

unkel wrote: »

@robbie99 - thanks for the clearly formatted calculation. One small point though. Distributors themselves set the % of retail for the OMSP. They can pick whatever % they want (within some reason presumably). Most pick around 90-92%, I think the most common is 92%. Last time I looked BMW uses 92%.

You're probably right. When I first started looking into this (last year) the percentage (on the coupe) was 88 point something. Later, OMSPs were updated on revenue's website and the percentage changed to around 92%. BMW later increased their prices (and included the delivery charge into their list price) and when revenue's OMSP changed again the percentage was exactly 90%. I concluded that there was often a lag between revenue's OMSP and the latest retail prices and that when that price included the delivery charge the OMSP was 90% and that when not the OMSP was 92%. Last time I checked I couldn't tell whether or not BMW were including the delivery or their 'Dealer Options'. I wish they were more transparent with their pricing.

Zonda999

maidhc wrote: »

Why spend €40,000 on a poverty stricken car to save a hundred per annum on tax?

Less than a hundred i'd say! Surely a 318d would be 156€ compared to 104€ for a 316d. thats only 52€;):D

R.O.R

robbie99 wrote: »

You're probably right. When I first started looking into this (last year) the percentage (on the coupe) was 88 point something. Later, OMSPs were updated on revenue's website and the percentage changed to around 92%. BMW later increased their prices (and included the delivery charge into their list price) and when revenue's OMSP changed again the percentage was exactly 90%. I concluded that there was often a lag between revenue's OMSP and the latest retail prices and that when that price included the delivery charge the OMSP was 90% and that when not the OMSP was 92%. Last time I checked I couldn't tell whether or not BMW were including the delivery or their 'Dealer Options'. I wish they were more transparent with their pricing.

I'm pretty sure BMW will be using 92% for OMSP. I was told recently that the manufacturers who usually offer over 10% discount will use 90% and the rest use 92%. BMW will firmly fall in to 92% with only 3 or 4 of the main manufacturers falling in to the 90%.

I'll double check tomorrow when I get a BMW invoice in and work it back from the VRT amount.

gpjordanf1

Cant ya buy then new E class for around €43k, the BMW seems very expensive to me?

robbie99

maidhc wrote: »

Why spend €40,000 on a poverty stricken car to save a hundred per annum on tax?

I think cars < 120 g CO2 are exempt from London's £8 per day congestion charge so London based motorists can save themselves up to £2,000 per year with this car.

copacetic

gpjordanf1 wrote: »

Cant ya buy then new E class for around €43k, the BMW seems very expensive to me?

the new E class pricing has made a lot of cars look very expensive, including the C class!

R.O.R

copacetic wrote: »

the new E class pricing has made a lot of cars look very expensive, including the C class!

But there are the new engines for the C-Class on the way so hopefully they'll come down too :cool:

Now, when Merc could be the cheapest premium option available, you know the world is not right :P

ShadowHearth

i thought 320d was an 2.2 diesel engine? :rolleyes:

Ah mine bad then.

I still think BMW needs to learn a thing or two about badging

robbie99

R.O.R wrote: »

I'm pretty sure BMW will be using 92% for OMSP. I was told recently that the manufacturers who usually offer over 10% discount will use 90% and the rest use 92%. BMW will firmly fall in to 92% with only 3 or 4 of the main manufacturers falling in to the 90%.

I've just done a spot check...

bmw.ie have the the 318d ES listed at €39,550.
Revenue.ie has its OMSP at €34,384 (stat code 42886343).
That's 87% :eek:

However when I did a check on the 320d msport coupe (stat code 40286629) OMSP €49,140, listed €54,600, that's exactly 90%.

R.O.R

robbie99 wrote: »

I've just done a spot check...

bmw.ie have the the 318d ES listed at €39,550.
Revenue.ie has its OMSP at €34,384 (stat code 42886343).
That's 87% :eek:

However when I did a check on the 320d msport coupe (stat code 40286629) OMSP €49,140, listed €54,600, that's exactly 90%.

Interesting.......

Not sure how they can get away with declaring that when there isn't that sort of margin available.

Back on topic - Audi are getting away with it in the A4 120ps so no reason BMW can't throw there hat in to that ring. A4 will probably still outsell the 3 series for the time being as it's newer and cheaper. New A4 now comes with start/stop technology but it doesn't make a massive difference to the CO2. 140ps model comes down from 139 to 135. 120ps was 135 so I'd estimate 130-131 which isn't going to save anything in VRT or Tax.

mrrepublic

bought a new 316d last year best new car I have ever driven, very very economical definatly 58mpg minimum, 104e to tax and would recoment it to anyone cheaper than an equivelant spec VW passat or Audi A4

Anan1

I drove one a couple of weeks back, and it's fundamentally a very good car. Pity it needs several grand thrown at it to bring it from taxi to car spec, though.

Timmaay

Only 116bhp though! That is rubbish, considering the 520d is 177bhp, and in the B tax band!

pajo1981

You would want to be seriously insane to buy a new 3 series when you can get an infinitely superior new 5 for only a couple of k more.

Also don't forget the new model 3 is due out shortly.

mrrepublic

Check your prices the 520d is 10k more expensive than the 316d and the depreciation is also greater.

copacetic

pajo1981 wrote: »

You would want to be seriously insane to buy a new 3 series when you can get an infinitely superior new 5 for only a couple of k more.

Also don't forget the new model 3 is due out shortly.

it was a different decision when the thread started 20 months ago and you can't get a 5 series for a 'couple of k' more that a 316d anyway.

EPM

Timmaay wrote: »

Only 116bhp though! That is rubbish, considering the 520d is 177bhp, and in the B tax band!

Compare like with like at least. A 320d is a better comparison.

Matt Simis

Any details how how BMW hit such low fuel consumption figures with an otherwise normal car? Im curious are we seeing all Engine improvements here or a combination of Aero plus Engine plus Magic?


Its stats maybe a bit muck for a BMW performance wise, but just compare it's size and looks to cars of 6years ago that were getting near 65mpg.

R.O.R

Anan1 wrote: »

I drove one a couple of weeks back, and it's fundamentally a very good car. Pity it needs several grand thrown at it to bring it from taxi to car spec, though.

A mere €995 gets you the Edition package on a 316 ES, gives leather and Bluetooth, so a sort of decent ish spec. But since the cost price is roughly the same as an S60 D3 SE LUX, I know where my money would be heading.

Funny reading back through the thread about how well manufacturer's are doing getting CO2 under 140g to get to band B! Technology for lowering emissions is moving fairly quick now - Passat 2.0Tdi 140bhp is now band A so expect further movement from the premium brands soon enough.

ottostreet

God what a boring way to evaluate a car.

It should be

'BMW'S new 380i...doing 15mpg, and 0-60 in 1.3 seconds....YEEEEEEAAAAHHHHHHHHHHH'