×

Win your car finance with CarFinance 247


If you win, we'll pay off the finance on your car. It's that simple! Your car becomes completely yours, free and clear.

This amazing offer is open to anyone who has secured car finance with us throughout 2023, including Decemeber 2023!

This means that there's still time to enter, get your finance in December, and you're automatically in!

The lucky winner will be announced the week beginning 5th February 2024 on our instagram page.

Terms and Conditions apply.

New BMW models introduced

It has been a big week for BMW, with the German automaker unveiling a number of brand new cars which should set pulses racing.

Written by Nicole Taylor
Written by Nicole Taylor
Main image

Two of these vehicles fall into its performance-oriented M range, with the M140i and M240i both stepping in to replace older models. They also include some cutting-edge new engine technology, according to AutoCar.

Bringing a new engine to the table is important for any family of cars, but since these models are intended to offer impressive straight-line speed, the update is even more significant.

Under the bonnet

Under the bonnet of each model is a freshly designed 3.0 litre power plant which develops 335bhp. This is a 14bhp increase over the older M135i and M235i, meaning that there is a slight improvement in the 0-62mph times achieved by both vehicles.

The acceleration will actually depend on whether you select a manual or an automatic gearbox, since the latter is slightly quicker than the former. Whichever you choose, the automatic transmission can help you to hit 62mph in just 4.6 seconds, showing just how far gearbox technology has come in recent years.

The superiority of the automatic set-up is made possible thanks to a launch control system which manages traction incredibly efficiently and even takes advantage of location-based data in order to eliminate wheel spin and put the engine’s power to good use.

Performance and efficiency

Performance is one thing, but car manufacturers are under increasing pressure to improve efficiency and eco-friendliness with each new generation. And in this instance, BMW claims that fuel use will fall by seven per cent when compared with the outgoing equivalent models, achieving 39.7 miles to the gallon in a combined cycle for those that pick the manual gearbox.

The automatic gearbox remains a less efficient alternative, providing 36.2 miles to the gallon. So even if performance is improved, there is still room for further tweaks to be made.

It is not just the engine’s design on its own that has allowed BMW to cut fuel consumption; it has also chosen to add a number of now familiar systems to each vehicle, including an automatic stop-start solution that cuts down on unnecessary engine use while idling. Regenerative braking technology also comes into play, meaning as little energy as possible is wasted, especially during drives that take place mostly on congested city streets.

How much will it cost?

Buyers in the UK will need to pay just under £32,000 to get their hands on the M140i, while its 2 Series equivalent will cost a little over £35,000, with the convertible model adding an extra £3500 on top of this asking price.

The other exciting news that BMW made public this week is that it is adding more hybrid models to its iPerformance range, with the 740e arriving as part of this family of fast yet eco-friendly vehicles.

As part of the 7 Series, this car is endowed with some high-end features that will keep executive buyers happy. It also has a hybrid power train that combines a 2.0 litre petrol engine with a battery-powered electric motor, the latter of which can be recharged via a mains connection.

Conclusion

In total, these two units work together to give the car 322bhp and fuel economy of up to 141.2 miles to the gallon. It will be able to travel for up to 30 miles without using any fossil fuels whatsoever, after which point the petrol engine will need to kick in to keep it moving.

Pricing for this new arrival has been confirmed, with the basic 740e coming it at £68,330. The higher-specification 740Le xDrive will start at just under £75,000 and will add a new 4x4 system to the table to attract buyers who want the pinnacle of performance potential.

The iPerformance range is rounded out nicely by this new arrival, while the M range of sports models should continue to grow over the coming months as other iterations are introduced.



Written by Nicole Taylor
Nicole Taylor

* The UK's largest online car finance broker by unique users to the website. Based on Similar Web data – 1,137,647 to CarFinance 247 vs. 753,819 for nearest competitor. January to June 2023.

CarFinance 247 is a trading name of CarFinance 247 Limited. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. (Registration Number 06035525).

CarFinance 247 is authorised and regulated by the Financial Conduct Authority for insurance distribution and credit broking (Firm Reference Number: 653019). CarFinance 247 is registered with the ICO (Registration Number Z1897658).

Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request.

This site uses cookies so that we can provide you with the best user experience. By continuing to use the site you are consenting for cookies to be used. Further information on cookies and how you can disable them is available on our cookie policy.