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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum APR reduced? get a better APR after purchasing?

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      02-25-2021, 12:02 PM   #1
ranner66
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APR reduced? get a better APR after purchasing?

I placed my g20 order last December and have picked it up last week with 1.9% APR for 60 months financing and a $1000 new grad discount. The deal I got was last December's deal, I think...

Just found out that BMW FS reduced the rate to 0.9% for Feb purchases and a $2,000 APR credit.

Any idea whether/how I can get this better deal? THANKS~

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      02-25-2021, 12:54 PM   #2
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Additional question here...if I already applied to BMW FS and was approved at 1.99%, then the dealer put my order in, but I still haven't picked up the car (and am going with a different dealer)...can they just swap the dealerships + give me the lower rate without me running a whole nother credit app to put a different dealership?
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      02-25-2021, 01:29 PM   #3
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Quote:
Originally Posted by ranner66 View Post
I placed my g20 order last December and have picked it up last week with 1.9% APR for 60 months financing and a $1000 new grad discount. The deal I got was last December's deal, I think...

Just found out that BMW FS reduced the rate to 0.9% for Feb purchases and a $2,000 APR credit.

Any idea whether/how I can get this better deal? THANKS~
Was this on BMW USA or where? Talking to my dealer right now.
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      02-26-2021, 10:34 AM   #4
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Now that you picked it up you probably cat do anything but the locks on rates are no harm locks. If the rates and/or incentives get better at time of delivery then you can take them.
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      02-26-2021, 10:38 AM   #5
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Quote:
Originally Posted by NorCalAthlete View Post
Was this on BMW USA or where? Talking to my dealer right now.
There has been a $2k APR Credit on the 330/M430i for at least two months, actually thought it was since last fall. I have not seen anything showing the rate has dropped to 1.9%

It shows on the BMW website and autobytel is also a good source for incentives.
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      02-26-2021, 10:55 AM   #6
NorCalAthlete
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Yeah, my dealer said he didn't know where the 0.9% was coming from but confirmed 1.9%.
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      02-26-2021, 03:10 PM   #7
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Quote:
Originally Posted by NorCalAthlete View Post
Yeah, my dealer said he didn't know where the 0.9% was coming from but confirmed 1.9%.
In my market some 2020's are at .9, otherwise 1.9 for most 2021's. The dealer frequently marks up the BMWFS rate advertised so even the base rate is a negotiation.
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