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Old 03-28-2010, 07:50 PM
anzer anzer is offline
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Join Date: Jan 2008
Location: Australia
Posts: 297
anzer is on a distinguished road
Gone up a bit ...

I locked in at around 9%, but believe its going up this week (today) probably by .25 or .5 %. I actaully 'purchased' my vehicle a week earlier to avoid the increase (this was BMW's idea ..so good for them for letting me know about pending rise)

I think you could shop around and do a little better ..but at the end of the day BMW finance is really easy to establish, and they take care of all the stuff like interest calc to make tax time easy etc ... I think that swapping/exiting vehicle could be arguably more flexible as well (as you are giving them business and not someone else ..so that carries weight) ... I think corp plan can also knock a little off if you ask (preferential rates) ..if eligible etc.

Good luck - but move soon as I reckon the interest rate landscape is going to change really quickly in Aus ...and that will pass down to BMW at some point soon ....
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