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Originally Posted by paradoxical3
Seeing as how it's pretty annoying to figure out what payments are via BMW Select financing, I went ahead and took a stab at making an excel calculator. This should make it much easier, but I would appreciate having someone double check my formulas. I believe they are correct though and I have worked it backwards to verify. This calculator really shows how much the 2.99% apr sucks compared to the .99%...it's a solid $65 monthly difference.
https://dl.dropboxusercontent.com/u/...alculator.xlsx |
2.99 is a horrible rate.
You could use 3.99 to make it even look worse.
I mean seriously.....
@1M Tex and I were just talking two days ago and he found a 1.49 rate for 60 months and I know I can get 1.99 for 84 months ...