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Financing
Hi guys,
well with the Car due to land in approx 2 weeks or so? plus clearing customs etc I am expecting delivery I around a month. I've had a quote from bmw finance to finance a portion of the car (around 50k) on a secured loan with residual of 30% over a 5 year term.
I had a quote from bmw finance but am wondering if you guys have any advice as to where is getting the best rates at the moment? was quoted around 5.99% but there is around 1300 added to the loan I. establishment fees etc.
I've been told bmw finance is a good option as you can pay out the loan without any heavy penalties etc but am interested in your guys' thoughts?
Also roughly how long would it take to get finance approved generally? I'm assuming less than a week?
Cheers
Javed
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