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View Poll Results: How did you pay for your M2?
Paid cash 36 29.75%
Financed 74 61.16%
Leased 10 8.26%
Partial gift (someone helped pay part of it) 1 0.83%
Received as gift 0 0%
Voters: 121. You may not vote on this poll

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      12-20-2018, 11:49 AM   #23
CosmosMpower
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Quote:
Originally Posted by aWanderlustSeoul View Post
I recently purchased an M2C at BMW Denver and financed a portion of the car. I was already pre-approved at my credit union for 2.74 (48 months) and 2.99 (60 months).

This dealer was offering BMW Financing for 2.89 (60 months) for the M2 or M2C so I decided to go that route since the transaction was going to be easier to go through BMW and I also plan to pay off the loan early so a few interest points is not going to make much of a difference.

I posted my deal with a breakout of the price (post #53):

https://f87.bimmerpost.com/forums/sh...1515072&page=3

It's irritating that none of the California dealers offered the 2.89% and they kept telling me it's not possible and if this rate was possible it has to be region specific.

I'm not sure if the financing interest rate is a BMW corp thing or if some dealers are just trying to screw the customer to make an extra buck.
I didn't see a post of your deal in that link. I went ahead with the 2.99, it's better than Penfed 3.49.
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      12-20-2018, 12:21 PM   #24
aWanderlustSeoul
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Quote:
Originally Posted by CosmosMpower View Post
I didn't see a post of your deal in that link. I went ahead with the 2.99, it's better than Penfed 3.49.
2.99 is good. Sorry I thought the link I provided would work. I have the deal details on a long winded post in that link with post #53.

I copied the details of my deal below.

Base Price: $58,900

Hockenheim Silver Metallic: $550
Executive Package: $1200
M Double-clutch Transmission with Drivelogic: $2,900
Black Dakota Leather with Orange Stitching: N/C
Stainless Steel Pedals: $275
BMW First Aid Kit: $50
Load Sill Paint Protection: $95

Destination Charge: $995

Total MSRP: $64,965
Discount: $3,254
Discounted Price: $61,711 (does not include California Sales Tax or License/Registration)

Transport Fee: $925 (Denver to Southern California)
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      12-20-2018, 01:23 PM   #25
goku7
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Quote:
Originally Posted by aWanderlustSeoul View Post
I recently purchased an M2C at BMW Denver and financed a portion of the car. I was already pre-approved at my credit union for 2.74 (48 months) and 2.99 (60 months).

This dealer was offering BMW Financing for 2.89 (60 months) for the M2 or M2C so I decided to go that route since the transaction was going to be easier to go through BMW and I also plan to pay off the loan early so a few interest points is not going to make much of a difference.

I posted my deal with a breakout of the price (post #53):

https://f87.bimmerpost.com/forums/sh...1515072&page=3

It's irritating that none of the California dealers offered the 2.89% and they kept telling me it's not possible and if this rate was possible it has to be region specific.

I'm not sure if the financing interest rate is a BMW corp thing or if some dealers are just trying to screw the customer to make an extra buck.
did u get the $3k off with or without european delivery ?

its not suprising CA dealers were trying to wrangle you. most of the car dealers here are like that
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      12-20-2018, 06:06 PM   #26
aWanderlustSeoul
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Quote:
Originally Posted by goku7 View Post
did u get the $3k off with or without european delivery ?

its not suprising CA dealers were trying to wrangle you. most of the car dealers here are like that
The car is in Denver and will be transported to me. I was able to get this haggle free deal with BMW of Denver Downtown. No euro delivery.

They may not have any more M2C allocations but you can contact the dealer and find out. I worked with Jeff Tucker and recommend him.
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      12-20-2018, 07:43 PM   #27
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I decided to just pay mine off...
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      12-21-2018, 02:19 PM   #28
cpvince
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2008 BMW M3  [10.00]
Gahh... 2.89% bmwfs financing not available in SD but LA/SF Bay has it.
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      12-22-2018, 12:27 AM   #29
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Leased but will buy after its up. I use it as a write off as well as risk mitigation. Have the money in the bank to just pay cash but not worth it when I ran the finances.
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      01-04-2019, 12:24 PM   #30
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I guess I got it as a partial gift? My dad made a deal with me in high school that if I got a full scholarship to university he would buy me a car, I got the scholarship but didn't need a car in school and wanted to save up my own money after graduation to get something awesome. My dad is giving me $30k, I'm putting probably another 20 down and just financing the rest to put some meat on my credit history since this is my first ever car loan.
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      01-28-2019, 10:19 PM   #31
NEfan508
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Connecticut dealer had a marketing rate 4.49% Massachusetts had 2.89% my home state
December-January

I put big down payment, financing less than 85% shaves .25% off the loan, $12.5k got me 4.24% 60 months

Home Credit union was the same...
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      02-04-2019, 04:24 PM   #32
Ceramic Rabbit
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Quote:
Originally Posted by NEfan508 View Post
Connecticut dealer had a marketing rate 4.49% Massachusetts had 2.89% my home state
December-January

I put big down payment, financing less than 85% shaves .25% off the loan, $12.5k got me 4.24% 60 months

Home Credit union was the same...
I had 2.89 from BMW FS in January, not sure if it still applies in February as well but that's the lowest they had.
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      12-05-2020, 07:26 PM   #33
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Quote:
Originally Posted by Ceramic Rabbit View Post
I guess I got it as a partial gift? My dad made a deal with me in high school that if I got a full scholarship to university he would buy me a car, I got the scholarship but didn't need a car in school and wanted to save up my own money after graduation to get something awesome. My dad is giving me $30k, I'm putting probably another 20 down and just financing the rest to put some meat on my credit history since this is my first ever car loan.
I cant pm u for some reason, please shoot me a pm when u can, in a somewhat similar situation
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