06-26-2019, 08:11 AM | #1 |
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BMWFS Loan Questions
Hello! I had planned to pay cash for my new 330i but with the incentives for financing, I'm trying to find a way to take advantage of those.
Anyone have any experience to be able to answer the following?
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06-26-2019, 09:12 AM | #2 | |
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2. No |
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06-26-2019, 01:12 PM | #3 | |
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There is more than just the standard rebate if you finance with BMWFS, I don't know if I'm supposed to post that here so please PM me and I can assist. |
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07-30-2021, 09:23 AM | #5 |
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I got the incentive and a .9% APR on financing so I picked a comfortable payment and am enjoying some "free" debt. If you can't beat .9% with a low-risk investment….
I think they asked me to please not pay it off for two months. |
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07-30-2021, 09:42 AM | #6 |
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You can pay it off at any time BUT if you do so before three months have elapsed (at least that was the rule 3.5 years ago when I bought my car) BMWFS will go after the dealership for the incentive. I believe in having a good relationship with my dealership (it helped when I decided that my prior car was a lemon and wanted BMW to buy it back which it did with the assistance of the service manager) so I made four payments and then paid it off.
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10-19-2022, 11:04 PM | #7 | |
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What's the current rate of BMWFS and incentive amount? I think the rate is 5% or higher? loyalty and OL code require BMWFS but if you have corp cert, you can pay cash and get the incentive as well |
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10-19-2022, 11:06 PM | #8 | |
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0.9% rate from BMWFS? I haven't heard any credit union or banks offer this rate nowadays. . .. . |
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10-20-2022, 09:28 AM | #9 |
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You are replying to a post over a year old. I got .9% from BMWFS last year also.
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