financing rates for Sept. 2012

I ordered my X5 3 weeks ago and it is in at the dealer. Right now the interest rate for buying the car through BMW is 3.79%, does anyone know if this rate will be changing for Sept? The current rate ends on Sept 4th. If it is staying the same, I will pick it up sooner, if not I will wait until the first week to hopefully take advantage of a lower rate.

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Originally Posted by ebt

I ordered my X5 3 weeks ago and it is in at the dealer. Right now the interest rate for buying the car through BMW is 3.79%, does anyone know if this rate will be changing for Sept? The current rate ends on Sept 4th. If it is staying the same, I will pick it up sooner, if not I will wait until the first week to hopefully take advantage of a lower rate.

As you know, the current/active rate sheet runs through September 3rd. We'll get an updated set of marketing programs right around then...

I hate to sound like a broken record; it behooves all/any of you to apply to BMWFS online (bypassing the dealer) by 9/3 if you know that striking a finance or lease deal is imminent.

That way, in the event of a rate increase or residual decrease, you are protected with a rate lock no matter what.

Here's the link: https://creditapp.bmwusa.com/apply


To the OP, holding off my be the only way to ensure you getting the option. Your CA/Sales Manager and everyone else in the chain, though, is counting on you taking delivery now since your ordered vehicle is there and deliverable.

Something to think about (if you like/care about your CA): stalling could cost him/them a volume bonus, which could be a major bummer...?

:-/

Thanks for your reply. My sales associate knew when we ordered the car that we didn't want to pick it up until the first week of Sept and is fine with what ever we decide. I also had already gotten approved through BMW finance online before we ordered.

Originally Posted by Jon Shafer

As you know, the current/active rate sheet runs through September 3rd. We'll get an updated set of marketing programs right around then...
:-/

Jon, Do you have any updates on the FS Rates? I am going to be doing paperwork today.

I have a PCD on September 13, if anything changes I can easily do the paperwork tomorrow.

I would like to know,
if the loyalty cash still there?
and the interest rate has changed from 3.79 to something better?
and any other credits like option credit etc?

Thanks in advance.