I recently purchased a new X5 3D M Sport from a BMW dealer in the UK.

The order was placed in Sept. and will be picking up the car this weekend.

I got a very good deal on the car, received £3500k financial support from BMW finance and another £3k dealer discount.

I've signed up to a 48 month PCP contract but not sure if the interest rate charged by BMW finance is competitive. I will be charged 11.9% over 4yr term.

Anyone if this is a good rate taking into account I did get very good discount on the overall purchase price of the car ?