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04-08-2009, 02:23 PM | #1 |
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Financing
I keep noticing that alot of people are buying the M's, even these days. Where are people getting financing? and is it only people with 800 credit scores?
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04-08-2009, 02:38 PM | #2 |
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I can't speak for everyone else, but I got financed thru BMW for 2.9%. I put 10% down. I have a pretty good credit score in the mid 7's.
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04-08-2009, 02:59 PM | #4 |
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Boy did you miss out! I believe BMW Financing had the 08's for 0.9% @60 months just back in December and January! I also got the 2.9% on an 09'. Zero down! Credit score in the 700's.
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04-08-2009, 03:04 PM | #5 |
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04-08-2009, 03:20 PM | #6 |
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Im a worse than you guys. my score is high 600. I probably shouldnt apply until things get better.
They were saying the Government is buying these loans from banks that lend right now to spur lending and buying, but I guess thats to people with 700+ scores. |
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04-08-2009, 03:26 PM | #7 |
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i put 75% down and financed the bal. with my CU, but I have a 10 year history with them and my score is mid 800s
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04-08-2009, 03:41 PM | #8 |
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04-08-2009, 04:05 PM | #9 |
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04-08-2009, 04:52 PM | #11 |
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Right now BMWFS would probably approve you for 2.9% with a high 600 score provided you have good income, low debt, and no recent delinquencies.
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04-09-2009, 12:13 PM | #12 |
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