Financing/BMW incentives

SFT33 · 03-02-2016, 06:14 AM

I put down a deposit and ordered an individual F10 in December and was able to take advantage of some year end incentive BMW was offering (1k off). Car is currently being built with March 8th completion date. Just noticed BMW FS is offering .99% financing on 2016 M5s. Small prints says it can be combined with other offers. Dealer says it is one or the other - can't have both. Thoughts?

TrevorM3 · 03-02-2016, 03:09 PM

.99 percent? Thats sounds awesome. I wonder what my local dealers are doing... im in the market for a 14. Maybe used financing is as good too?

johntomferg · 03-02-2016, 04:37 PM

You did not mention what your rate the dealer is offering you now with the $1000 off.

.99 is pretty cool, I was able to get 1.73% from Bank of America for a 60 mos vehicle loan recently. If Dealer holds the one or the other option, then shop your loan somewhere else. I think they will come around so they can retain their kickback on the financing.

SFT33 · 03-02-2016, 05:13 PM

I have not even had the discussion re: financing. I had planned to use my credit union. I don't think they will get close to .99%.

TrevorM3 · 03-02-2016, 05:21 PM

Quote:

Originally Posted by SFT33

I have not even had the discussion re: financing. I had planned to use my credit union. I don't think they will get close to .99%.

i'm in the process of checking to see if i can get a loan thru my credit union for a used 14.

A new 16 sounds awesome, (especially at .99%) but the depreciation is going to eat me alive. And i'm not going to keep this car for 4+ years.

dammit, let's see where things go.. does anyone know bmw's used finance rates?

03-02-2016, 06:14 AM	#1
SFT33 Lieutenant 279 Rep 419 Posts Drives: E28, E34, E60 & F10 M5s Join Date: Nov 2015 Location: Annapolis, MD iTrader: (0)	Financing/BMW incentives I put down a deposit and ordered an individual F10 in December and was able to take advantage of some year end incentive BMW was offering (1k off). Car is currently being built with March 8th completion date. Just noticed BMW FS is offering .99% financing on 2016 M5s. Small prints says it can be combined with other offers. Dealer says it is one or the other - can't have both. Thoughts? __________________ 22 BMW F90 M5, 21 MERCEDES E63S WAGON, 18 BMW R9T RACER,16 BMW F10 M5, 09 BMW HP2 SPORT, 06 BMW E60 M5, 91 BMW E34 M5, 88 BMW E28 M5
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03-02-2016, 03:09 PM	#2
TrevorM3 Banned 3322 Rep 8,083 Posts Drives: 6.3 AMG Join Date: Apr 2013 Location: Florida iTrader: (0)	.99 percent? Thats sounds awesome. I wonder what my local dealers are doing... im in the market for a 14. Maybe used financing is as good too?
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03-02-2016, 04:37 PM	#3
johntomferg Captain 123 Rep 852 Posts Drives: Formerly drove a 13 F10 M5 Join Date: May 2012 Location: Columbia, TN iTrader: (1)	You did not mention what your rate the dealer is offering you now with the $1000 off. .99 is pretty cool, I was able to get 1.73% from Bank of America for a 60 mos vehicle loan recently. If Dealer holds the one or the other option, then shop your loan somewhere else. I think they will come around so they can retain their kickback on the financing.
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03-02-2016, 05:13 PM	#4
SFT33 Lieutenant 279 Rep 419 Posts Drives: E28, E34, E60 & F10 M5s Join Date: Nov 2015 Location: Annapolis, MD iTrader: (0)	I have not even had the discussion re: financing. I had planned to use my credit union. I don't think they will get close to .99%. __________________ 22 BMW F90 M5, 21 MERCEDES E63S WAGON, 18 BMW R9T RACER,16 BMW F10 M5, 09 BMW HP2 SPORT, 06 BMW E60 M5, 91 BMW E34 M5, 88 BMW E28 M5
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