What is a good APR? Trading in 335d for f10 M5

Oompah · 09-05-2018, 11:31 AM

Hi all,

I am thinking of trading in my 335d f30 for f10 M5.
The offer I got from BMW sits firmly at 6.9% APR.

M5 being a used car started t 11.9%, now sit below 7% and I can't help but to wonder if there is any chance of driving this even lower.

Any thoughts?

JustChris · 09-05-2018, 11:58 AM

Hmm doubtful for used, they have already made their concession from double digits. You could ask again but I'd think unlikely.

NotGotABimmer23 · 09-05-2018, 12:11 PM

Try a hp with balloon from clydesdale. They usually offer around 4.2%. Similar set up to a pcp except you cant hand the car back at the end, you can VT though i believe, so same result.

What kind of price are you looking at on 6.9%?

Oompah · 09-05-2018, 02:21 PM

Quote:

Originally Posted by kylemacca01

Try a hp with balloon from clydesdale. They usually offer around 4.2%. Similar set up to a pcp except you cant hand the car back at the end, you can VT though i believe, so same result.

What kind of price are you looking at on 6.9%?

M5 is 36k

Chompers · 09-05-2018, 02:25 PM

Quote:

Originally Posted by kylemacca01

Try a hp with balloon from clydesdale. They usually offer around 4.2%. Similar set up to a pcp except you cant hand the car back at the end, you can VT though i believe, so same result.

What kind of price are you looking at on 6.9%?

Maybe a cheaper rate, the RV won't be anywhere near BMWFS so monthly payments will have to take the slack.

To answer the OP. You've done well @ 6.9%

teaston · 09-05-2018, 02:57 PM

Quote:

Originally Posted by thelowkick

M5 is 36k

Wow that sounds cheap for an M5! Wish I did lower mileage!!

NotGotABimmer23 · 09-05-2018, 03:01 PM

Quote:

Originally Posted by Chompers

Maybe a cheaper rate, the RV won't be anywhere near BMWFS so monthly payments will have to take the slack.

To answer the OP. You've done well @ 6.9%

Maybe but then you are more likely to have equity in the car at the end.

Chompers · 09-05-2018, 04:02 PM

Quote:

Originally Posted by kylemacca01

Maybe but then you are more likely to have equity in the car at the end.

I would hope so as monthly payments would be higher

Chrismac13 · 09-06-2018, 01:27 AM

Had similar on my car ended up with a bank loan as their rate was 3% compared with the 8% the dealer was offering.

09-05-2018, 11:31 AM	#1
Oompah Second Lieutenant 90 Rep 227 Posts Drives: M5 Join Date: May 2016 Location: London iTrader: (0)	What is a good APR? Trading in 335d for f10 M5 Hi all, I am thinking of trading in my 335d f30 for f10 M5. The offer I got from BMW sits firmly at 6.9% APR. M5 being a used car started t 11.9%, now sit below 7% and I can't help but to wonder if there is any chance of driving this even lower. Any thoughts?
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09-05-2018, 11:58 AM	#2
JustChris General 17488 Rep 25,113 Posts Drives: Tesla MYRWD Join Date: Jul 2013 Location: UK iTrader: (0)	Hmm doubtful for used, they have already made their concession from double digits. You could ask again but I'd think unlikely. __________________ My car made front page of Bimmerpost
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09-05-2018, 12:11 PM	#3
NotGotABimmer23 Colonel 832 Rep 2,113 Posts Drives: 340i touring - incoming Join Date: Oct 2016 Location: Leicestershire UK iTrader: (0)	Try a hp with balloon from clydesdale. They usually offer around 4.2%. Similar set up to a pcp except you cant hand the car back at the end, you can VT though i believe, so same result. What kind of price are you looking at on 6.9%?
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09-06-2018, 01:27 AM	#9
Chrismac13 Captain 201 Rep 607 Posts Drives: BMW F31 335i Join Date: Aug 2016 Location: Blyth iTrader: (0)	Had similar on my car ended up with a bank loan as their rate was 3% compared with the 8% the dealer was offering. __________________ Current: 2016 BMW M5 F10 Gone: 2015 BMW 335i F31, MPPK, DMS Remap, Eibach Pro kit
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