Which dealer has 0.9% APR on new M2 in Bay Area, CA or LA area?

BMWPWR18 · 10-25-2017, 03:29 PM

Quote:

Originally Posted by Beyond Help

BMWFS can get your .9 APR for the M2 I got it this Monday..... I can post a picture of the contract and a screenshot from BMW homepage login with BMWFS linked to the account with the loan on there. Dealers obviously prefer giving you a higher apr since it’s always about $$$$

I plan on signing paperwork next week, I would appreciate it if I can show them proof. PM please

seetohey · 10-25-2017, 03:38 PM

Quote:

Originally Posted by BMWPWR18

I plan on signing paperwork next week, I would appreciate it if I can show them proof. PM please

Please PM me a screenshot or copy too!

XProject · 10-25-2017, 03:42 PM

Quote:

Originally Posted by Beyond Help

BMWFS can get your .9 APR for the M2 I got it this Monday..... I can post a picture of the contract and a screenshot from BMW homepage login with BMWFS linked to the account with the loan on there. Dealers obviously prefer giving you a higher apr since it’s always about $$$$

That's great.

I know some can get it with 0.9% haha
PM me please

Beyond Help · 10-25-2017, 03:46 PM

Not a problem I’ll message you guys this evening.

XProject · 10-25-2017, 04:09 PM

Quote:

Originally Posted by Beyond Help

Not a problem I’ll message you guys this evening.

Also, post your car pic here if you don't mind :P

Wharf Rat · 10-25-2017, 04:11 PM

Quote:

Originally Posted by Beyond Help

Not a problem I’ll message you guys this evening.

Yeah, I'd like to see that... my CA says it's not possible on M2.

Beyond Help · 10-25-2017, 04:21 PM

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Beyond Help · 10-25-2017, 04:33 PM

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Beyond Help · 10-25-2017, 04:34 PM

There you have it I did that on the quicks from iPhone.

just blaze · 10-25-2017, 04:53 PM

Wow, I'd love to get that financing offer. I emailed my CA and he just said all they offer is 3.31% through BMWFS

HDilla · 10-25-2017, 05:43 PM

Got 1% at Encinitas BMW San Diego.

seetohey · 10-25-2017, 08:29 PM

Quote:

Originally Posted by HDilla

Got 1% at Encinitas BMW San Diego.

Was it a promotion of some sorts?

jjclyde · 10-25-2017, 10:09 PM

Congrats to those of you getting 1% or better from BMW FS - that is indeed free money - you should leverage it to the max. Truly great rates!

I tried hard to get similar terms recently at a dealer I've been buying from for years and years - and who has always treated me fairly. I couldn't get less than 3%, let alone 1% or 0.9%. So again, congrats!

But it does make we wonder .... BMW FS is not in the business of losing money ...
It's possible the dealerships are buying the rate down with profits they're making elsewhere. It would be interesting to know if those of you getting these great rates paid MSRP, over MSRP or under. Were dealer-added options, warranties or services part of these deals? Any of you willing to share that?

HDilla · 10-25-2017, 11:59 PM

Quote:

Originally Posted by seetohey

Was it a promotion of some sorts?

Don't believe so. But my business partner and I bought two vehicles at the same time so maybe that had something to do with it? He bought a slightly used 16' M3 his rate was 3%.

Quote:

Originally Posted by jjclyde

Congrats to those of you getting 1% or better from BMW FS - that is indeed free money - you should leverage it to the max. Truly great rates!

I tried hard to get similar terms recently at a dealer I've been buying from for years and years - and who has always treated me fairly. I couldn't get less than 3%, let alone 1% or 0.9%. So again, congrats!

But it does make we wonder .... BMW FS is not in the business of losing money ...
It's possible the dealerships are buying the rate down with profits they're making elsewhere. It would be interesting to know if those of you getting these great rates paid MSRP, over MSRP or under. Were dealer-added options, warranties or services part of these deals? Any of you willing to share that?

Mine was surprisingly sold at sticker at the time being but car was fully loaded and I did get the full extended warranty on top of the payment.

ORIGIN M. · 10-26-2017, 08:25 PM

Quote:

Originally Posted by Beyond Help

Attachment 1711294

That is not a Contract

XProject · 10-26-2017, 10:00 PM

Updates ...

I got allocation for December. CA asked for $500 deposit, and I gave him my credit info. I emailed him to ask for the production number, and he sent back with my build sheet (pdf) with production number (week#49). However, I don't see any charges on my card, and he didn't take my deposit.

Is it a guaranteed spot for my allocation? Do I need to worry about that he still hasn't taken out $500 for the deposit? What do you guys think?

just blaze · 10-26-2017, 10:34 PM

Quote:

Originally Posted by XProject

Updates ...

I got allocation for December. CA asked for $500 deposit, and I gave him my credit info. I emailed him to ask for the production number, and he sent back with my build sheet (pdf) with production number (week#49). However, I don't see any charges on my card, and he didn't take my deposit.

Is it a guaranteed spot for my allocation? Do I need to worry about that he still hasn't taken out $500 for the deposit? What do you guys think?

I think you should be fine. Especially since he actually sent you a build sheet with prod #. My CA sent me a deposit form also for $1000 but he told me he doesn't actually charge the $1000 deposit. More like to make management happy.

soco352 · 10-26-2017, 11:18 PM

Quote:

Originally Posted by XProject

Updates ...

I got allocation for December. CA asked for $500 deposit, and I gave him my credit info. I emailed him to ask for the production number, and he sent back with my build sheet (pdf) with production number (week#49). However, I don't see any charges on my card, and he didn't take my deposit.

Is it a guaranteed spot for my allocation? Do I need to worry about that he still hasn't taken out $500 for the deposit? What do you guys think?

I didn't put any deposit down...ordered the car (week 38 bumped to 37) Picked up today. You should be fine.

XProject · 10-26-2017, 11:26 PM

Quote:

Originally Posted by soco352

I didn't put any deposit down...ordered the car (week 38 bumped to 37) Picked up today. You should be fine.

Nice! It’s going to be a long 3 months wait for me

Nezil · 10-26-2017, 11:38 PM

Quote:

Originally Posted by XProject

Updates ...

I got allocation for December. CA asked for $500 deposit, and I gave him my credit info. I emailed him to ask for the production number, and he sent back with my build sheet (pdf) with production number (week#49). However, I don't see any charges on my card, and he didn't take my deposit.

Is it a guaranteed spot for my allocation? Do I need to worry about that he still hasn't taken out $500 for the deposit? What do you guys think?

It sounds like you're using the same dealer as just blaze and I. I was initially concerned too, but it now makes a lot of sense...

Legally, a dealer cannot take a non-refundable deposit. Taking a CC payment costs money for them to do, and the CA doesn't get commission on it because it's not really a sale, and the finance staff have to take care of and keep track of these funds floating around that don't actually apply to a sale... yet.

If you're prepared to fill in the form thinking that they're going to take payment, you're a serious customer, even if they don't actually take it.

I realise that some (many) dealers actually do take a deposit, but this actually seems a more logical approach to me.

horsepower_and_hounds · 10-27-2017, 04:05 AM

Quote:

Originally Posted by Beyond Help

Attachment 1711294

Congrats on the rate......

and nice looking ride

matty_f · 10-27-2017, 08:23 AM

Quote:

Originally Posted by HDilla

Got 1% at Encinitas BMW San Diego.

Sweet. Who’s your CA? I ordered mine from them as well. Still thinking I might lease.

10-25-2017, 03:46 PM	#26
Beyond Help Private 25 Rep 52 Posts Drives: 2019 Ram 2500 6.7L Cummins Join Date: Aug 2017 Location: Chicago Suburbs iTrader: (0)	Not a problem I’ll message you guys this evening.
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10-25-2017, 04:21 PM	#29
Beyond Help Private 25 Rep 52 Posts Drives: 2019 Ram 2500 6.7L Cummins Join Date: Aug 2017 Location: Chicago Suburbs iTrader: (0)
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10-25-2017, 04:33 PM	#30
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10-25-2017, 04:34 PM	#31
Beyond Help Private 25 Rep 52 Posts Drives: 2019 Ram 2500 6.7L Cummins Join Date: Aug 2017 Location: Chicago Suburbs iTrader: (0)	There you have it I did that on the quicks from iPhone.
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10-25-2017, 04:53 PM	#32
just blaze First Lieutenant 310 Rep 339 Posts Drives: 2018 M2 Alpine White Join Date: Nov 2016 Location: The Bay, CA iTrader: (2)	Wow, I'd love to get that financing offer. I emailed my CA and he just said all they offer is 3.31% through BMWFS __________________ instagram: @ sf87_m2
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10-25-2017, 05:43 PM	#33
HDilla @litty_f87m2 14 Rep 21 Posts Drives: DINAN AW M2 Join Date: Feb 2017 Location: Southern California, Beach Cities iTrader: (0)	Got 1% at Encinitas BMW San Diego. __________________ Get out and drive
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10-25-2017, 10:09 PM	#35
jjclyde Second Lieutenant 126 Rep 255 Posts Drives: 2021 M2C HS 6MT Join Date: Oct 2015 Location: Laguna Beach, CA iTrader: (0)	Congrats to those of you getting 1% or better from BMW FS - that is indeed free money - you should leverage it to the max. Truly great rates! I tried hard to get similar terms recently at a dealer I've been buying from for years and years - and who has always treated me fairly. I couldn't get less than 3%, let alone 1% or 0.9%. So again, congrats! But it does make we wonder .... BMW FS is not in the business of losing money ... It's possible the dealerships are buying the rate down with profits they're making elsewhere. It would be interesting to know if those of you getting these great rates paid MSRP, over MSRP or under. Were dealer-added options, warranties or services part of these deals? Any of you willing to share that?
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10-26-2017, 10:00 PM	#38
XProject Private 25 Rep 87 Posts Drives: Car Join Date: Oct 2017 Location: Bay Area, CA iTrader: (0)	Updates ... I got allocation for December. CA asked for $500 deposit, and I gave him my credit info. I emailed him to ask for the production number, and he sent back with my build sheet (pdf) with production number (week#49). However, I don't see any charges on my card, and he didn't take my deposit. Is it a guaranteed spot for my allocation? Do I need to worry about that he still hasn't taken out $500 for the deposit? What do you guys think? Last edited by XProject; 10-26-2017 at 10:10 PM..
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