ED finance rates

BXL4 · 07-16-2014, 12:47 AM

I pick up my MY 2015 328i in Munich on August 14th. I'm considering if I want to use BMW to finance the car but looking on line, they only show interest rates for MY 2014 cars. How and when will I know what the deal is so that I can compare to my credit union options.

Thanks for your combined wisdom.

Xtabi · 07-16-2014, 04:11 PM

Secure a loan from PenFed. Go into your dealer to sing the paperwork on the car. Tell them you have a loan. They will beat the rate and/or reduce the price of the car.

G30 B58 · 07-16-2014, 08:01 PM

Quote:

Originally Posted by Xtabi

Secure a loan from PenFed. Go into your dealer to sing the paperwork on the car. Tell them you have a loan. They will beat the rate and/or reduce the price of the car.

This has worked? I'm in the same position as BXL4, I have a 2015 435i on order for ED on Aug 27th. BMWUSA doesn't list my car for the 3.19% rate either.

Our credit union is offering 2.49% for 60 months, if BMW FS will match or beat this or compensate in some other way I would much rather have BMW FS do the work just because of the possible ED complications.

BXL4 · 07-18-2014, 12:04 PM

It sort of feels like BMW Finance is slow rolling the ED customers. I hope that isn't true but I do agree that with the complications of the ED process, it can scare off some credit unions. As a back up, my credit union will do a re-fi of 90 day old cars or younger as if they were new so I've at least got that option.

07-16-2014, 12:47 AM	#1
BXL4 First Lieutenant 49 Rep 312 Posts Drives: 2015 328i Alpine White Join Date: Jan 2012 Location: Bainbridge Island WA iTrader: (0)	ED finance rates I pick up my MY 2015 328i in Munich on August 14th. I'm considering if I want to use BMW to finance the car but looking on line, they only show interest rates for MY 2014 cars. How and when will I know what the deal is so that I can compare to my credit union options. Thanks for your combined wisdom.
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07-16-2014, 04:11 PM	#2
Xtabi Colonel 1699 Rep 2,125 Posts Drives: 2016 M3 Join Date: Jan 2008 Location: Ohio iTrader: (0)	Secure a loan from PenFed. Go into your dealer to sing the paperwork on the car. Tell them you have a loan. They will beat the rate and/or reduce the price of the car. __________________ 2016 F80 \| MG/SO \| DCT \| Adaptive M Suspension \| 19" Black 437M Wheels \| CF Roof \| CF Trim
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07-18-2014, 12:04 PM	#4
BXL4 First Lieutenant 49 Rep 312 Posts Drives: 2015 328i Alpine White Join Date: Jan 2012 Location: Bainbridge Island WA iTrader: (0)	It sort of feels like BMW Finance is slow rolling the ED customers. I hope that isn't true but I do agree that with the complications of the ED process, it can scare off some credit unions. As a back up, my credit union will do a re-fi of 90 day old cars or younger as if they were new so I've at least got that option.
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