BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > New and Preowned M3 Pricing, Ordering, Tracking / European Delivery / Dealer Reviews
 
Evolve Automotive
Post Reply
 
Thread Tools Search this Thread
      08-31-2010, 01:33 PM   #1
guinmurph
Registered
 
Drives: 2011 M3 Sedan
Join Date: Aug 2010
Location: CA

Posts: 3
iTrader: (0)

Sept financing rates?

I ordered an M3 on June 24th. my car has been released for dealer delivery as of 8/28. my dealer claims that he has no way of knowing when the car will actually show up at the dealership even though the trucking company is contracted to pick up the car within 72 hours of release. when i ordered the car the financing rate was 2.9%, so that is the worst i will do. currently the rate is 1.9% through today. i'm trying to figure out if i should actually buy the car today to lock in 1.9% and avoid the possibility of rates going up. i also don't want to lock in 1.9% and have it go down (something i think is unlikely, but who knows?). do the new rates truly come out on 9/1, or is it sometimes "leaked" what the new rates will be? any advance info would be greatly appreciated.

on a side note, i have been very disappointed with the customer service i've received from my dealer (Weber BMW Fresno CA). i feel like i'm having to work awfully hard to buy a car from them. i just need my car to arrive so that it can lighten my spirits.
guinmurph is offline  
0
Reply With Quote
      08-31-2010, 01:37 PM   #2
outie
Lieutenant
 
Drives: 2011 M3 ZCP
Join Date: Feb 2009
Location: CA

Posts: 517
iTrader: (0)

Can't you lock in now and re-lock if the sept rate is better? Assuming your car won't be here until tomorrow of course.
__________________
outie is offline  
0
Reply With Quote
      08-31-2010, 01:44 PM   #3
kscarrol
Colonel
 
Drives: 2011 E90 M3
Join Date: Jun 2010
Location: New Orleans, LA

Posts: 2,055
iTrader: (0)

Go lock it in! Worse case you get the 1.9% instead of 2.9%. And Outie is right, you may even be able to get a lower rate if it is offered...
__________________
Current: 2011 Space Grey E90 M3, DCT, Comp. Pkg., Conv. Pkg., everything but Cold Weather Pkg!
Gone: 2008 550, Space Grey, Sports Package, Sport Auto Transmission.
Sold: 2004 545i (U.S.), Steptronic, Silver Gray.
kscarrol is offline   United_States
0
Reply With Quote
      08-31-2010, 01:47 PM   #4
dardeca
Lieutenant
 
dardeca's Avatar
 
Drives: 2011 M3 E92
Join Date: Jul 2010
Location: Dallas

Posts: 457
iTrader: (1)

Quote:
Originally Posted by outie View Post
Can't you lock in now and re-lock if the sept rate is better? Assuming your car won't be here until tomorrow of course.
Yes, you can.
dardeca is offline   United_States
0
Reply With Quote
      08-31-2010, 01:51 PM   #5
guinmurph
Registered
 
Drives: 2011 M3 Sedan
Join Date: Aug 2010
Location: CA

Posts: 3
iTrader: (0)

the dealer said that i would be buying the car today even though i won't be taking delivery. if the car is already purchased i'm sure they won't re-do the purchase with the lower rate. that's why i think i have to pick my poison and decide to buy at 1.9% or gamble on a lower rate come tomorrow.
guinmurph is offline  
0
Reply With Quote
      08-31-2010, 02:06 PM   #6
outie
Lieutenant
 
Drives: 2011 M3 ZCP
Join Date: Feb 2009
Location: CA

Posts: 517
iTrader: (0)

Your dealer is lying about buying the car today w/o delivery, but is right about if you do the paper today they will NOT re-do it. It will be finalized.
__________________
outie is offline  
0
Reply With Quote
      08-31-2010, 02:53 PM   #7
guinmurph
Registered
 
Drives: 2011 M3 Sedan
Join Date: Aug 2010
Location: CA

Posts: 3
iTrader: (0)

my dealer just called and said "good news..."

i figured my car was in and ready. his idea of good news is that the 1.9% financing has been carried over through september. still no idea when my car will be here.

has anybody else had this problem with the trucking company not sending the car? i find it hard to believe that if the car has been released to the trucking company that there isn't anything that the dealer can do to find out when the car is expected to be delivered. the dealer says that my car is priority 1 but they've already received a truck load of cars that are priority 3 and 4 that will be sitting on the lot waiting for someone to come along and buy them. i'm getting frustrated...
guinmurph is offline  
0
Reply With Quote
      08-31-2010, 07:04 PM   #8
1MORELAP
Captain
 
1MORELAP's Avatar
 
Drives: '13 Audi S4
Join Date: May 2010
Location: Issaquah, WA

Posts: 616
iTrader: (0)

Trucking companies are awfully not sophisticated. Try to relax.
1MORELAP is offline   United_States
0
Reply With Quote
      09-02-2010, 04:57 AM   #9
FLOSS M
///M3
 
FLOSS M's Avatar
 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

Posts: 342
iTrader: (0)

any word on rates for this month?
FLOSS M is offline   United_States
0
Reply With Quote
      09-02-2010, 09:00 AM   #10
dardeca
Lieutenant
 
dardeca's Avatar
 
Drives: 2011 M3 E92
Join Date: Jul 2010
Location: Dallas

Posts: 457
iTrader: (1)

Quote:
Originally Posted by DDS335i View Post
any word on rates for this month?
They are already updated on BMWUSA website. Same as August. 0.9 for 24 months, 1.9 up to 60 months.
dardeca is offline   United_States
0
Reply With Quote
      09-02-2010, 12:53 PM   #11
FLOSS M
///M3
 
FLOSS M's Avatar
 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

Posts: 342
iTrader: (0)

I meant money factor and residuals
FLOSS M is offline   United_States
0
Reply With Quote
      09-02-2010, 01:21 PM   #12
dardeca
Lieutenant
 
dardeca's Avatar
 
Drives: 2011 M3 E92
Join Date: Jul 2010
Location: Dallas

Posts: 457
iTrader: (1)

Quote:
Originally Posted by DDS335i View Post
I meant money factor and residuals
That's lease rates...not finance rates.
dardeca is offline   United_States
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 07:37 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST