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It will be slightly less than the contract hire, the se was 11k, the z4 m will be 15k plus. With credit the car will have cost him 10k a year. IMHO not worth it
Not to mention Group 20 insurance, probably something like 2K a year.
And £400 a year road tax.
And doing 10K miles in 3.2 liter is going to drink around 4K in petrol.
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