Just thought I'd let you know.. for Feb. bmw is offering 2.99 for 60 months, and from what the dealer told me the credit requirement isn't all that stiff. Also, you can pay it off before the term is up with no penalty..

My car will be here the end of this month and I was already approved for a loan through my bank, but came across this deal last night.. looks like i'll be going through bmw.

as long as you're approved for the loan by the end of feb, it is good up to 60 days later.. so you don't necessarily have to purchase this month.

Is this documented anywhere or is this just something specific to your dealer?

saw it on bmwusa.com

its for CPOs, 03s I think.
B

PLEASE post a link !!

Figures, too good to be true...

:dunno: call your local dealer and ask. i called mine, said i ordered a car from them in jan. and it would be here later this month and asked about the 2.99.. he said yes, it's a "special" bmw is running for the month of feb.


i'm not trying to pull off the lie of the century guys.. just passing on what i found out today. maybe your dealership will have it as well. maybe it won't.

Hi folks:
I just bought my '01 530i with that percentage. It made it cheaper than a comparable 3 series.

Jack

your 530 IS cheaper... sorry dude

Dear Blue:
Please explain what you mean.

thank you,


Jack

it is 2.9% actualy. It is supposed to be for the central zone specific. it is for the month of february and is good on all new vehicle purchases except for M3, M5, X5 4.8.

Anyone got a link to this APR?
I looked on the BMW financial website but couldn't find it.
I just put money down on a new 330xi and sure would like 2.9% when the car arrives.:redspot

they aren't advertising it, just ask your dealer.

:redspot :redspot :redspot :redspot :redspot
Just checked with my dealer and the offer is available here in Michigan too just for Feb!!
So I got locked in at 2.9%...should save about 2.5k. Nice little extra!
:redspot :redspot :redspot :redspot :redspot

Current offers

specific model...2002 model..2.99%
" "..2003 model..3.99%
on and on...its dealership info so just go in and ask..if they for some odd retarded reason tell you that this information is restricted..ask them
"you would trash a sales because your not telling me current rate offer from BMW F.S? :P

These r for CPO vehicle only....any questions try me a email

it must change alot depending on region then..? i got approved today for 2.9 for my soon-to-be-delivered 06 330.

Current offers

specific model...2002 model..2.99%
" "..2003 model..3.99%
on and on...its dealership info so just go in and ask..if they for some odd retarded reason tell you that this information is restricted..ask them
"you would trash a sales because your not telling me current rate offer from BMW F.S? :P

These r for CPO vehicle only....any questions try me a email

The local dealer had an ad in the Sunday paper for 1.9%.

damn.. you're in my area too. i may have to give them a(nother) call. if 1.9 was available and they didn't tell me....:nono

The local dealer had an ad in the Sunday paper for 1.9%.

yes..rates r determined by regions...banks...who the person checking ur credit and if its a sub prime etc etc etc....

My dealer told me this is a special promotion bmw is running in the mid-west for the month of February that may rotate around the country. Dealers are also given the option of "buying down" the rate. I just ordered mine at 1.9%. Some dealers are buying all the way down to 0%.

What do you mean by 'buying down the rate' to get to 1.9 or 0%?

I live in wisconsin, just ordered a 330 and got 1.9%. Only good through Feb...

My dealer told me this is a special promotion bmw is running in the mid-west for the month of February that may rotate around the country. Dealers are also given the option of "buying down" the rate. I just ordered mine at 1.9%. Some dealers are buying all the way down to 0%.

Good luck with Baron BMW. I tried to order a 325i and they said that it would take so long to deliver it that the 1.9% would "expire" by then. Said BMW is swamped with orders because of this promotion. Quoted a 3-4 moth wait time.

So, I punted them. Just ordered through an out-of-town dealer, very professional, but only 2.9%, not 1.9% (they are not buying it down). Got a lower price though. Best of all, car should be here in 3-4 weeks, as opposed to 3-4 months.

P.S. Baron never told me about the 1.9%. I had an ELOAN lined up, then saw an ad in the Saturday paper. when I called them the following Monday, they were like "Oh yeah, that's a special BMW is running"...there's much more to the story, but you get the drift. They will not do you any favors unless you force them to. I think this is where the term "stealership" comes from.

Well.. I got in on the 2.9 financing a few weeks ago. My car should arrive in the next day or two at the dealer. So I called the salesman tonight to ask a few questions and he said he "got" me in on the 1.9 rate.. I asked about it several weeks ago and it wasn't available, so who knows what BMW's process is of making it available in different areas.

True.
My sales guy at Erhard here in Michigan told me that once I applied for the financing in Jan, he would sit on it until the car came in March and he'd lock me in on the lowest rate that he came across from BMW financing. Last I checked he had me down for 2.9%
I guess it's not a BMW Finance issue but rather a dealer issue and what service they are willing to provide. So far I'm more than pleased.

Thanks guys... I just got lowered from 2.9% to 1.9% in Cincinnati.

Local dealer in Dayton has 2.9% ti'll end of march

My dealer said they had to "buy down" the rate from BMW Finance to 1.9% - saving me about $1175 (gross).

My sales person also said it comes out of the dealer's back end deal with BMW Finance, but did not really effect the sales commission.

BMW 2.9% financing is extended to new vehicles tooo

i bought 2006 330i(under prod) on apr 8th ... the people outthere wanted me to go thru' there financing, which i qualified & accepted immediately

I was happy cuz i was given high apr financing(8%) from my bank...

I recently added the ability to convert all prices into monthly payments on my price comparison site. Price the same car in both slots then after the results select different interest rates for vehicle 1 and vehicle 2, and you'll know how much you're saving with the lower rate.

If you know about how much discount you'll get, just add this to the down payment figure.

http://www.truedelta.com/prices.php

where can i get proof that this rate exist? roseville bmw and niello bmw here in sacramento, ca say they have no idea what i am talkin about. and that that special apr may be for the purchase of cars that were leased out in 03. trying to pick up a car within a couple of days. please help.

ps 1000 over invoice is the best i can get :mad

AFAIK the 2.9% rate was offered for a small number of states here in the Mid West. Wisconsin, Michigan, Illinois, Ohio etc. I think the promo ran for Jan-March '06 I guess trying to boost sales in the off season.
I didn't even see it advertized here in Michigan. I had to ask before I got it.

$1000 over invoice for CA is a good price from what I've read on these forums.

My Brother Picked Up A 06 325 For 500 Over At Roseville Bmw In Sacramento, Ca. I Referred Him And They Dont Want To Give Me The Same Deal. Aint That Sum S#it? I Talked Him Out Of The C230 For Them And They Wont Offer Me 500 Over Invoice For A 330. Arghh...