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      04-03-2012, 03:54 PM   #1
jeff4598
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Finance rate.

Can anyone who ordered their car in January or Feb of 2009 tell me what finance rate they got on 60 month basis? I was told I got 0.9% and I just inquired and BMW Financial says it was put in at 2.9% costing me thousands. I know I'm a dummy but I know I was defrauded. BMW NA says they can't tell me what the incentive rate was back then- can any forum members help? I did have top[ tier credit. Thanks!
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      04-03-2012, 03:57 PM   #2
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Quote:
Originally Posted by jeff4598 View Post
Can anyone who ordered their car in January or Feb of 2009 tell me what finance rate they got on 60 month basis? I was told I got 0.9% and I just inquired and BMW Financial says it was put in at 2.9% costing me thousands. I know I'm a dummy but I know I was defrauded. BMW NA says they can't tell me what the incentive rate was back then- can any forum members help? I did have top[ tier credit. Thanks!
Are you just now realizing? Do you have a copy of your bill of sale, or any of the initial paperwork you signed?

Also, 2.9% is not bad at all. You can actually mathematically beat it rather simply...
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      04-03-2012, 04:01 PM   #3
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Here's hoping you have your initial paperwork.

And here's hoping you looked over your initial paperwork before signing.
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      04-03-2012, 04:13 PM   #4
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Did not look closely enough! I admit to being a dumby but was wondering if anyone else got the 0.9% rate I thought I was getting.
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      04-03-2012, 05:22 PM   #5
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Even if others got that rate, if your signature is on the paper work at 2.9% it is going to be difficult to overturn I would think... Good luck!
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      04-03-2012, 05:37 PM   #6
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      04-03-2012, 05:37 PM   #7
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dunno if this helps, but I was monitoring the bmwfs rates for a few years and bought bmw's at the end of 2008 and again in 2011. iirc, the lowest 60 month rate I could get was 1.9%, and 2.9% if you dont have the loyalty incentive.

0.9% was available at times, but only for 24 month terms, I believe. now, I didn't check the rates every month for four years, so it's possible I missed it
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      04-03-2012, 06:04 PM   #8
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dunno if this helps, but I was monitoring the bmwfs rates for a few years and bought bmw's at the end of 2008 and again in 2011. iirc, the lowest 60 month rate I could get was 1.9%, and 2.9% if you dont have the loyalty incentive.

0.9% was available at times, but only for 24 month terms, I believe. now, I didn't check the rates every month for four years, so it's possible I missed it
+1 for the e90/92 M3 BMWFS has only offered 0.9% for 24 months. With the owner loyalty discount the best 60 month rate was 1.9%.

Last edited by M3SQRD; 04-03-2012 at 06:14 PM. Reason: Correct e9x
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      04-03-2012, 06:09 PM   #9
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I had .9 on my e93 for 60 months in like October of 08 I think.
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      04-03-2012, 06:13 PM   #10
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I had .9 on my e93 for 60 months in like October of 08 I think.
I think they did offer a lower rate for the e93 but not the e90/e92 M3.
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      04-03-2012, 06:37 PM   #11
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0.9 is pretty hard to get on 60 months from what I've seen - not saying it doesn't happen. 1.9 is the lowest I can personally remember for 60 month terms. I've seen less (0.9) but it was for much shorter terms.
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      04-03-2012, 08:40 PM   #12
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It's all about the term. If your are above 36 months the 2.9 sounds right.
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      04-03-2012, 09:06 PM   #13
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You can just refinance the car. My local credit union is at 2.49% standard and is offering a special at .99% right now.
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      04-03-2012, 09:16 PM   #14
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You can just refinance the car. My local credit union is at 2.49% standard and is offering a special at .99% right now.
for a used car?? if they would do that for a 60 month note, that would be a killer deal
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