BMW M3 Forum (E90 E92)

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


Go Back   M3Post - BMW M3 Forum > M3 Marketplace > Private Sellers - For Sale / Trade / Wanted > Cars for sale/wanted/trade
 
Racewerkz Engineering
Post Reply
 
Thread Tools Search this Thread
      08-22-2011, 04:51 PM   #1
delt31
New Member
 
Drives: TBD BMW
Join Date: Aug 2011
Location: TBD

Posts: 6
iTrader: (0)

New guy question - looking to buy E90

BIMMERPOST / Classifieds
Asking Price:
None
Item Interest
I see a number of you guys are selling these with leases which is clear however some are asking to sell straight out (no lease). In this type of situation, do these cars still have loans with the dealer (BMW) and if so, how would that work if I were to take over the loan. If there is no dealer loan involved, I'm assuming this would be straight cash for car and no financing available. If I wanted financing I would need to do it on my own (where the bank will prob crush me with a 10% IR) right?

Thanks for the clarification guys!

delt31 is offline  
0
Reply With Quote
      08-22-2011, 06:42 PM   #2
mmm def
Colonel
 
mmm def's Avatar
 
Drives: 06 330i, 11 S4
Join Date: Dec 2006
Location: NJ

Posts: 2,569
iTrader: (0)

Send a message via AIM to mmm def
I don't think you can just take over a loan. The current owner needs to pay the loan off either with a check from you or your lender and then you will have a loan for that car.
mmm def 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 09:27 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