Financing for college students

BMW #@*i · 04-12-2008, 11:20 PM

Whats the lowest interest rates for a BMW?

what kind of interest rates does BMW have for college students?

rocketman · 04-12-2008, 11:22 PM

I didn't get any special rates for being in college. I am paying 4.9% and I bought in March.

Crazy Bimmer · 04-12-2008, 11:44 PM

They were having 3.9% for 60 recently, not sure if thats still around

John 070 · 04-13-2008, 12:15 AM

It's kinda hilarious, my HELOC is at 4.25%, but I have a zero balance and owe around 19k at 5.5% which was a good rate in dec. 06. Today, even 4.9 isn't that good in the big picture, though it is for an auto loan. At least we get to pay in US dollars which aren't worth much by world standards...

BES335xi · 04-13-2008, 12:56 AM

i pay 6.3% with e-loan i got it last year in june of 07...anyone know any better companys i can refinance with...please shoot me a pm!
Thankss

rdsport323 · 04-13-2008, 12:58 AM

It's 3.9% til April 30.. then who knows if it will go lower or stay.

Have there been any auto loans with lower than 3.9% recently? I haven't come across any place that can do better.

jimf15e · 04-13-2008, 01:10 AM

Quote:

Originally Posted by BMW #@*i

Whats the lowest interest rates for a BMW?

what kind of interest rates does BMW have for college students?

You're probably better off *not* telling them you're a college student when applying for a loan!

Seriously, discounts like that are only on the purchase price of the car, which you should have already completed negotiating when moving on the finance terms. Shop for a car loan (or mortgage, etc.) like you shop for a car - haggle, price match, ask nicely, pay electronically, etc. I've always been able to lower my rate after shopping around and asking about electronic payment discounts, etc. Every .25% helps!

goody · 04-13-2008, 07:42 AM

I got my loan with Pen Fed Credit union in march for 4.9, then went car shopping eventually deciding on a 335 that was in "transit". During the time i was waiting for the car their rate dropped to 4.25.

04-12-2008, 11:20 PM	#1
BMW #@*i Enlisted Member 5 Rep 44 Posts Drives: black ford focus svt Join Date: Mar 2008 Location: NC iTrader: (0)	Financing for college students Whats the lowest interest rates for a BMW? what kind of interest rates does BMW have for college students?
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04-12-2008, 11:22 PM	#2
rocketman Second Lieutenant 3 Rep 265 Posts Drives: 2006 325xi Join Date: Mar 2008 Location: MN / TX iTrader: (0)	I didn't get any special rates for being in college. I am paying 4.9% and I bought in March. __________________ 325xi //TS//Premium//Cold Weather//Xenons
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04-12-2008, 11:44 PM	#3
Crazy Bimmer The Jesal 408 Rep 5,858 Posts Drives: E90 M3 Join Date: Nov 2005 Location: Chicago IL iTrader: (20) Garage List 2009 BMW M3 [0.00]	They were having 3.9% for 60 recently, not sure if thats still around __________________ 2009 E90 M3 - SOLD
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04-13-2008, 12:15 AM	#4
John 070 Lieutenant General 1755 Rep 14,825 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	It's kinda hilarious, my HELOC is at 4.25%, but I have a zero balance and owe around 19k at 5.5% which was a good rate in dec. 06. Today, even 4.9 isn't that good in the big picture, though it is for an auto loan. At least we get to pay in US dollars which aren't worth much by world standards...
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04-13-2008, 12:56 AM	#5
BES335xi Colonel 94 Rep 2,132 Posts Drives: FBO+ N54xi Join Date: Mar 2008 Location: Queens, NYC iTrader: (4) Garage List 03/07 E90 335xi [1.00]	i pay 6.3% with e-loan i got it last year in june of 07...anyone know any better companys i can refinance with...please shoot me a pm! Thankss __________________ JB4+usb \| P3 Vent Boost Gauge v2 \| BMS OCC \| BMS DCI \| AMS FMIC \| AR xi CL DP's \| BT Tool \| Edibias/NCSExpert/INPA BMW Coding \| Cyba Quad Exhaust tips \| M-Tech Rear & M3 Front Bumper \| Red Cyba Air Scoops \| Blacklines \| Vinyl Overlays \| ACS Roof Spoiler \| Matte Black Grilles \| LED Side Mirrors \| Rear Euro Fogs \| etc.. .
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04-13-2008, 12:58 AM	#6
rdsport323 Captain 57 Rep 879 Posts Drives: 335i Join Date: Feb 2008 Location: OC, CA iTrader: (0)	It's 3.9% til April 30.. then who knows if it will go lower or stay. Have there been any auto loans with lower than 3.9% recently? I haven't come across any place that can do better.
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04-13-2008, 07:42 AM	#8
goody Private 0 Rep 61 Posts Drives: 2008 E90 335 xi Join Date: Mar 2008 Location: N. VA iTrader: (0)	I got my loan with Pen Fed Credit union in march for 4.9, then went car shopping eventually deciding on a 335 that was in "transit". During the time i was waiting for the car their rate dropped to 4.25. __________________ _____________________________________________ E90 335xi Jet Black \| Black Leather \| Sports Pkg w/18's \| Premium Package \| Cold Weather \| Auto \| Nav \| Sirius \| 6FL
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