BMWFS Interest Rates??

tommydogsdad · 02-25-2007, 04:30 AM

Hello E90ers. I am so stoked about my E93 on it's way on the Elektra currently.

I am trying to be rational however. What are the financing rates with BMWFS for a person with above a 700 credit score. I am looking at putting 10% down and financing over 5-6 years. What were some of your rates? Please share!

Insider · 03-08-2007, 04:48 PM

Yes, I would like to know as well.

John 070 · 03-08-2007, 08:41 PM

I was ready to do the internet blank check, at the time it was 6.35% for 60 mos. The best advice someone gave me was to check your credit union. Mine stinks, it was in the 8's, but I'm still a member at my former employer and they offered me 5.75%. So I told the dealership I'll be going with the credit union, and they said no, we can beat that, and they gave me 5.5% for 60 mos. Keep in mind I took delivery in the beginning of Dec., so I don't know what the current rate is. But the strategy for you could be the same--get a low credit union rate, and have the dealership beat. The key is to actually obtain the loan, in other words, I wasn't bluffing, I was planning on doing the internet then credit union, and had both loans approved. The dealer will always want to make every penny they can on the transaction, to include the financing. Good luck.

02-25-2007, 04:30 AM	#1
tommydogsdad On My Third Drop Top BMW! 26 Rep 410 Posts Drives: E93 335i Convertible Join Date: Feb 2007 Location: CA iTrader: (0)	BMWFS Interest Rates?? Hello E90ers. I am so stoked about my E93 on it's way on the Elektra currently. I am trying to be rational however. What are the financing rates with BMWFS for a person with above a 700 credit score. I am looking at putting 10% down and financing over 5-6 years. What were some of your rates? Please share! __________________ E93 335i Convertible \| Alpine White \| Black Dakota Leather \| Comfort Access\| Cold/Sport/Premium \| Series 7 Logic w/ USB \| Step & Paddles \| 40% Tint \|
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03-08-2007, 04:48 PM	#2
Insider Captain 14 Rep 710 Posts Drives: 2007 335i Join Date: Jul 2006 Location: 4,500 feet above sea level iTrader: (0)	Yes, I would like to know as well. __________________ http://www.insiderpicks.com - The world's best stock picks.
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03-08-2007, 08:41 PM	#3
John 070 Lieutenant General 1725 Rep 14,825 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	I was ready to do the internet blank check, at the time it was 6.35% for 60 mos. The best advice someone gave me was to check your credit union. Mine stinks, it was in the 8's, but I'm still a member at my former employer and they offered me 5.75%. So I told the dealership I'll be going with the credit union, and they said no, we can beat that, and they gave me 5.5% for 60 mos. Keep in mind I took delivery in the beginning of Dec., so I don't know what the current rate is. But the strategy for you could be the same--get a low credit union rate, and have the dealership beat. The key is to actually obtain the loan, in other words, I wasn't bluffing, I was planning on doing the internet then credit union, and had both loans approved. The dealer will always want to make every penny they can on the transaction, to include the financing. Good luck.
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