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Post by johnc on Jan 29, 2019 15:36:22 GMT
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Post by Martin on Jan 29, 2019 15:48:16 GMT
You also get the Performance Seats (which I didn’t like) and nappa dash as opposed to embossed pleather in the standard car which does make a difference. However, from what I’ve read, the non S on standard wheels is the more comfortable version and slightly better all rounder, but you’d need to try one.
You can’t argue with the numbers, but it’s a lot to spend on something you’ll always think was a compromise and the M5 is much more desirable (imo)
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Post by Tim on Jan 29, 2019 16:43:25 GMT
It's a good deal but I much prefer the look of the M5.
Not overly keen on the dash in the Merc either - Rover did the big, square look much better in the '70s with the SD1.
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Post by ChrisM on Jan 29, 2019 17:29:18 GMT
OK, I need some honest opinions here. ..... but I don't want to do anything daft. IMHO, sinking that kind of money into a depreciating car is daft. I'm sure that your lifestyle is different to mine and maybe you can well afford to do this, but is it really a wise financial move? |
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Post by racingteatray on Jan 29, 2019 17:48:25 GMT
Is there any financial advantage to be had to the hybrid E53? Or indeed CLS53?
Is it worth a try? I imagine it hasn't the raw appeal of the V8 but the latest M-B straight six is supposed to be rather good.
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Post by johnc on Jan 29, 2019 18:07:48 GMT
Is there any financial advantage to be had to the hybrid E53? Or indeed CLS53? Is it worth a try? I imagine it hasn't the raw appeal of the V8 but the latest M-B straight six is supposed to be rather good. No financial advantage over the E63 at £56K. I can get a new E53 discounted for about £64K or a used one (which has the old grill) for about the same price as the E63. I haven't seen many CLS53's for sale (and none I would want) but they are about £65K! If I am honest, my heart is in the M5 and my head (and wife) are telling me to save money. EDIT: I have just run an E53 through Coast2coastcars and it came out at £59K which is a considerable increase in discount since I did that last, about 2 mths ago. |
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Post by racingteatray on Jan 29, 2019 18:37:18 GMT
I wondered in terms of tax, business rates etc?
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Post by johnc on Jan 29, 2019 18:40:32 GMT
I wondered in terms of tax, business rates etc? No no difference at all - they are all big engined, thirsty and relatively speaking, dirty. It needs to be a Prius type hybrid to gain any tax advantages and even then I don't know if it's worth the cost. |
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Post by johnc on Jan 29, 2019 18:43:46 GMT
IMHO, sinking that kind of money into a depreciating car is daft. I'm sure that your lifestyle is different to mine and maybe you can well afford to do this, but is it really a wise financial move? You are completely right Chris, it makes no sense at all but i'll likely be dead in 40 years time and hopefully retired in 7 or 8 years so this is a last chance to get something daft and be able to afford it before I hit the retirement income buffers and have to buy something sensible. |
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Post by ChrisM on Jan 29, 2019 20:55:38 GMT
IMHO, sinking that kind of money into a depreciating car is daft. I'm sure that your lifestyle is different to mine and maybe you can well afford to do this, but is it really a wise financial move? You are completely right Chris, it makes no sense at all but i'll likely be dead in 40 years time and hopefully retired in 7 or 8 years so this is a last chance to get something daft and be able to afford it before I hit the retirement income buffers and have to buy something sensible. If I could only afford to retire at the same age my late father did.... I'd stop working this year ! I wish I'd had the good fortune to have had a long, well paid career so that I could have had an M5 for a few years when I was younger. Instead I'm most probably looking at keeping the Kuga until I retire - not exactly my dream car, but it does the job ! So do you really want an honest opinion, or would you like us all to say "Go for an M5" ?? If you go for the Benz and plan to retire in 7 or 8 years time, how long before you next change, and what is likely to be available then? Just electric stuff? That would be a sad way to see out your last few years of working - a Leaf or similar ! |
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Post by johnc on Jan 29, 2019 21:10:21 GMT
So do you really want an honest opinion, or would you like us all to say "Go for an M5" ?? If you go for the Benz and plan to retire in 7 or 8 years time, how long before you next change, and what is likely to be available then? Just electric stuff? That would be a sad way to see out your last few years of working - a Leaf or similar ! I tend to change every 4 to 5 years. I don't do a high mileage now so I am quite easy on my cars. If money were no object I would have the M5 although as Racing has pointed out it is a financial bath of fairly epic proportions. I am happy to hear honest opinions and the reason for asking is that it helps me form my own ones a bit more strongly. |
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Post by Martin on Jan 29, 2019 21:17:12 GMT
I think for the sake of a couple of grand (actual cost vs what you’d like it to be), I’d go for the M5 now. However, in your situation, I think the right option is to see what happens to M5 prices over the next 6 months, plus it’s another 6 month sof saving to help bridge the gap.
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Post by PG on Jan 29, 2019 21:30:38 GMT
Your heart is set on an M5. So whilst this Merc ticks the V8 box, once the new car novelty wears off, are you going to still hanker after an M5? If you think the answer is no, then go for the Merc as it ticks a lot of the boxes (but not all). If yes then you have to wait and pounce on an M5 that you want at the right price. I suspect if you are honest with yourself, the answer is "yes".
Therefore my advice is to wait until prices come down and you can get one a bit older and so more depreciated. You miight not have a total list of desired options, but it will still be an M5.....
As the current M5 was only released in 2017 (or was it 2018 in the UK?), second hand supply will be very tight until 2 year lease deals start to get returned. Then things should get more fluid and there should be more choice.
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Post by johnc on Jan 29, 2019 21:30:42 GMT
I think for the sake of a couple of grand (actual cost vs what you’d like it to be), I’d go for the M5 now. However, in your situation, I think the right option is to see what happens to M5 prices over the next 6 months, plus it’s another 6 month sof saving to help bridge the gap. I missed a car at the weekend. It appeared on the website on Saturday (68 plate with 1200 miles) so i phoned to enquire. I got a call back 5 or 6 hours later to say the car had been sold in the afternoon. However they have now broken down into the £68K's with a 2018 67 plate and the 18 plates are very close behind so you are probably right but that's still £12/£13K more than a similar age E63: that's the bit that makes me question my sanity. |
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Post by Roadrunner on Jan 29, 2019 22:12:25 GMT
I think for the sake of a couple of grand (actual cost vs what you’d like it to be), I’d go for the M5 now. However, in your situation, I think the right option is to see what happens to M5 prices over the next 6 months, plus it’s another 6 month sof saving to help bridge the gap. I missed a car at the weekend. It appeared on the website on Saturday (68 plate with 1200 miles) so i phoned to enquire. I got a call back 5 or 6 hours later to say the car had been sold in the afternoon. However they have now broken down into the £68K's with a 2018 67 plate and the 18 plates are very close behind so you are probably right but that's still £12/£13K more than a similar age E63: that's the bit that makes me question my sanity. The whole idea is financially insane anyway. This is a heart purchase, not a head purchase. Once in a lifetime. Choose the car you really want. |
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Merc E63
Jan 29, 2019 22:43:06 GMT
via mobile
Post by cbeaks1 on Jan 29, 2019 22:43:06 GMT
Could you keep the 435 and buy a slow depreciation proper sports car like an R8 or a Vantage?
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Post by johnc on Jan 30, 2019 7:12:26 GMT
Could you keep the 435 and buy a slow depreciation proper sports car like an R8 or a Vantage? I could but I don't have a garage big enough for anything interesting and I am fairly time poor, so being able to use and enjoy it would be an issue. I like the idea of it feeling special every day. |
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Post by ChrisM on Jan 30, 2019 8:49:46 GMT
I could but I don't have a garage big enough for anything interesting and I am fairly time poor, so being able to use and enjoy it would be an issue. I like the idea of it feeling special every day. ... then go for an M5. Wind the clock back about 16 years and my "dream car" was a Ford Galaxy Ghia... fitted with what I wanted and needed with 2 kids of school age who needed (me) to be able to transport friends around with them, would be going to uni so needed to take loads of stuff around the country etc. I had previously test driven other MPVs and could have had a new Hyundai Trajet (remember them?) or a 2 to 3 year old Galaxy. Set my heart on a Galaxy, had at least one place try to tempt me into a Zetec when I wanted the additional features of the Ghia. Took about 3 months to find what I wanted, but am I glad I held out. At no time, even when I had expensive issues with the Galaxy, did I think "I wish I'd got a new Trajet" or "I wish I'd got a used 806", even if it turned out to be the most unreliable vehicle I have owned and probably the most expensive to run. It was a great drive (for an MPV) when it was running well. I suspect that you would feel the pain if you got an M-B (or a non-M5 of any sort) when you have set your sights on an M5. Suggest you keep looking actively, and be prepared to act fast when the right car appears. |
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Post by Deleted on Jan 30, 2019 8:54:15 GMT
Wait for the M5!
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Post by Tim on Jan 30, 2019 9:46:08 GMT
I think for the sake of a couple of grand (actual cost vs what you’d like it to be), I’d go for the M5 now. However, in your situation, I think the right option is to see what happens to M5 prices over the next 6 months, plus it’s another 6 month sof saving to help bridge the gap. I missed a car at the weekend. It appeared on the website on Saturday (68 plate with 1200 miles) so i phoned to enquire. I got a call back 5 or 6 hours later to say the car had been sold in the afternoon. However they have now broken down into the £68K's with a 2018 67 plate and the 18 plates are very close behind so you are probably right but that's still £12/£13K more than a similar age E63: that's the bit that makes me question my sanity. I agree with Martin and if you can actually wait for 6 months then the prices of M5s will probably have dropped by close to the £12-13k you mention anyway (I know the E63 will as well but that's not what you REALLY want is it!). |
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Post by johnc on Jan 30, 2019 9:58:17 GMT
I agree with Martin and if you can actually wait for 6 months then the prices of M5s will probably have dropped by close to the £12-13k you mention anyway (I know the E63 will as well but that's not what you REALLY want is it!). I'm off on holiday in February to recover from 28 straight 14/15hr days so everything is postponed till I come back with a fresh head. |
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Post by ChrisM on Jan 30, 2019 10:22:05 GMT
Tell us which day you are back and, on that day, we'll bombard this thread with suitable M5 links !
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Post by alf on Jan 30, 2019 10:36:39 GMT
I'm liking the E63's a lot... Personally I much prefer them to the M5, until this generation E63's drove well but looked very dull, the current E is lovely. But then the current M5 has upped its gameover the last one as well, so you can't go wrong with either in my book.
The money is down to you - having spent half that on a similar class of car twice now, if it was me I'd question what more I get for the extra, are there not some mint low miles 4-6 year old examples of cars in this class that appeal? 5 years old may sound old, but in my experience the molly coddled, low mileage, dealer-prepped ones can still look and feel like new. I suppose your issue is that the E63 and M5 were not the same car back then - and in particular lack 4WD. Which would be a good thing in my book but I don't live in Scotland... RWD and winters still work fine though, you'll need a set of winters if you want to go out in snow in them anyway.
I personally find the new Panamera much more desirable than either of your choices, if I was going silly money I might go there, have you looked??
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Post by Martin on Jan 30, 2019 11:16:56 GMT
The Panamera is another step up in cost. I agree with you though, it’s very desirable and ione of a very small number of cars I’d consider as a replacement for the 750.
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Post by Deleted on Jan 30, 2019 12:04:12 GMT
I agree with Martin and if you can actually wait for 6 months then the prices of M5s will probably have dropped by close to the £12-13k you mention anyway (I know the E63 will as well but that's not what you REALLY want is it!). I'm off on holiday in February to recover from 28 straight 14/15hr days so everything is postponed till I come back with a fresh head. For the life of me, I'll never understand why people are happy to leave this sort of thing to the last minute. I submit my figures to the accountant in May or so, so I know exactly how much I'm expected to pay well in advance.
Do you have scope for pruning some of those who habitually cause you year-end woe?
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Post by Tim on Jan 30, 2019 12:29:52 GMT
I'm off on holiday in February to recover from 28 straight 14/15hr days so everything is postponed till I come back with a fresh head. For the life of me, I'll never understand why people are happy to leave this sort of thing to the last minute. I submit my figures to the accountant in May or so, so I know exactly how much I'm expected to pay well in advance.
Do you have scope for pruning some of those who habitually cause you year-end woe?
Not so much for tax but it was always a huge irritation to me that clients who left things to the last minute for submission to Companies House effectively got preferential treatment so they wouldn't get a fine, no matter how often they'd got a reminder to send their books in. I always thought it would be more appropriate to just put them in the queue and let them get fined so perhaps they might learn their lesson but generally accountants don't appear to have the nerve to do that! |
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Post by johnc on Jan 30, 2019 12:54:44 GMT
Do you have scope for pruning some of those who habitually cause you year-end woe?
We have a list of those who will get a goodbye letter as soon as the fees have been paid. One in particular who kept finding something else he'd forgotten to tell us after we had completed and uploaded everything for approval: he has now had 3 different forms and even the smallest of changes takes 15 to 20 minutes by the time you re-run all the calculations, save them in the system, create a new tax return, electronically attach everything and then upload it. |
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Merc E63
Jan 30, 2019 12:59:14 GMT
via mobile
Post by chocy on Jan 30, 2019 12:59:14 GMT
What a wonderful dilemma to have.
I think the Mercedes would be an easy car to fall in love with.
It's more stealth-like appearance would appeal to me and the 'I should have got a M5' would be offset by the happy wife.
But I don't think you will be disappointed either way.
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Post by johnc on Jan 30, 2019 13:07:04 GMT
I always thought it would be more appropriate to just put them in the queue and let them get fined so perhaps they might learn their lesson but generally accountants don't appear to have the nerve to do that! To some extent that is what we do but if you have a client worth a lot of money who is always late and you can manage to "fit" the job in, it becomes a commercial decision on hassle v profit. The problem with an accountancy practice is that the costs are relatively fixed, the greatest one being staff costs and the next one being software costs which are now huge. To do or not do a £5,000 job is basically a decision of do I want my profit to be £5,000 higher or not. Some clients cross the threshold though and have to be binned because they cause too much disruption, staff unrest and normally (for this kind of client) fee resistance. We binned one earlier this year who was worth about £10K a year but they demanded everything be answered or produced immediately whereas when we asked for information we waited months - this caused so much staff discontent that I decided I would rather lose the client than lose a good member of staff. I often think this type of behaviour is potentially a smoke screen for something they don't want us to know about. It is bullying and you very rarely find an honest bully. |
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Post by johnc on Jan 30, 2019 13:08:12 GMT
What a wonderful dilemma to have. I think the Mercedes would be an easy car to fall in love with. It's more stealth-like appearance would appeal to me and the 'I should have got a M5' would be offset by the happy wife. But I don't think you will be disappointed either way. Welcome back if you are the Chocy of old! |
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