Well I was bored last night and decided to submit my credit appl on-line and got approval 1st thing this morning. I submitted the application like at 2am EDT and got an approval e-mail back at 9:30 am EDT.
But the interest rate is 6.4% currently, if anyone cares. I am doing 60 months and I have a credit score of over 760.
I'll definitely try to get a lower rate when I go in to do the paperwork or definitely re-finance with a credit union when I get the car back to the states.
Anyone else finance recently and what kind of rate through BMW Financial?
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With a credit score of 760, you should be able to do better than 6.4%. Shop around...I financed my wife's 330cic with http://wescom.org/ at 4.99%
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Quote: | With a credit score of 760, you should be able to do better than 6.4%. Shop around...I financed my wife's 330cic with http://wescom.org/ at 4.99% | Yes I can get lower through a credit union, but doing ED, so don't want the hassle of explaining my situation. I'll just wait until I take US re-delivery.
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I'm three weeks away from ED and the dealer has not contacted me about financing the car yet. I have a VIN number and it says the car is done being built on owners circle. If we get with 10 days of my trip and nothing has happened, I'll contact my salesperson.
I'm doing college graduate program financing. Assuming all else is equal, will I get that same rate from BMW FS?
Also, what is the link for the BMW FS online application? I couldn't find one.
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Quote: I'm three weeks away from ED and the dealer has not contacted me about financing the car yet. I have a VIN number and it says the car is done being built on owners circle. If we get with 10 days of my trip and nothing has happened, I'll contact my salesperson.
I'm doing college graduate program financing. Assuming all else is equal, will I get that same rate from BMW FS?
Also, what is the link for the BMW FS online application? I couldn't find one. | Here's the link. http://www.bmwusa.com/apply
I just double checked a thread and it's 14-days before Munich pick-up. Hmmm your pick-up is Oct. 4, so you have another week. I don't know if you can use the above application for the "Recent grad" program though.
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I bought my 2002 330 about a month ago and got 3.9% through BMW FS. 6.4% seems awfully high.
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BMW interest rate