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Old 01-10-2013, 01:21 PM
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rawskyb rawskyb is offline
Location: Colorado
Join Date: Apr 2002
Posts: 967
Mein Auto: E93 335/F15 40e/RAM EcoD
Originally Posted by ndabunka View Post
I know that PenFed and others were offering rates as low as 1.79% for that same 72 month loan for a NEW car. My understanding is that once you own it, it no longer qualifies as NEW so you can't get those super low (under 2%) rates and therefore many of us are stuck with the higher BMW rate and would be interested in our options. Thanks in advance!
Actually, PenFed's rates have been (and still are today) 1.49% for both new and used for up to $70k and 60 months. So doing a re-fi with them will still be 1.49% even if it is considered "used".

My wife is replacing her '06 330i with an X5 and we were seriously considering the PenFed loan, but since she is only planning to keep the car a few years, we're going the lease route instead for this one. At least we still get to grab the $2250 incentive deal.
2017 F15 40e M-sport Carbon Black/Mocha Nappa/natural (Build start: 12/22/16, at dealer 1/16/17, took delivery 1/22/17)
2015 Ram 1500 EcoDiesel CrewCab Granite/Grey
2014 F15 35d Lux Jet Black/Terra/fine line oak (Build start: 1/06/14, Took delivery: 1/27/14, retired Jan '17)
2007 E93 335 Montego/Black/Grey (Aug '07 ED)
2006 E90 330i ElecRed/Black/Alum (Dec '05 ED, retired March '14)
2002 E46 330cic Topaz/Grey/Brown (retired July '07)
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