I didn't get the factory interest rate, but I negotiated other parts of the deal so that it was essentially a "wash" in the end when my deal was complete. In my case, I purchased my X7 using the BMW Select program, which most dealers are not a fan of. But then sometimes, when the dealer adds points to the interest rate, it allows for room to negotiate other aspects of the deal (which I have done in the past as well). One way to avoid this is to get pre-approved on the BMW site before you go to the dealership. That is because one (of many) ways the dealers make money is by adding interest (or points) to the factory interest rate over what you see on on the BMW USA site. But BMW is supposed to be a premium car with a premium buying experience. I would expect this kind of practice from a Honda dealership or a Chevy dealership. With the roar of the M TwinPower Turbo inline 6-cylinder petrol engine, which goes from 0 to 62mph in just 4.1 seconds, and the enhanced aerodynamic design with enlarged air inlets, the BMW M2 Competition is truly unmistakable. 0.9 APR up to 36 months or 1.90 APR for 37 to 60 months or 2.90 APR 61 to 72 months available financing with approved credit through BMW Financial Services. Even worse when the dealer appears offended that you would even ask that. I just think it's sketchy as hell that BMW's website can clearly state "1.9% financing" and the dealer will try to charge you something higher. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required.Thanks Wild Blue. The payment received does not impact the finance rate offered. The payment we receive may vary between finance providers and product types. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. We do not charge fees for our Consumer Credit services. We can introduce you to a limited number of finance providers. Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender. Halliwell Jones Limited, Halliwell Jones (Chester) Limited, Halliwell Jones (Warrington) Limited, Halliwell Jones (North Wales) Limited, Halliwell Jones (Wilmslow) Limited and Halliwell Jones Deva Limited are appointed representatives of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). An introduction from us does not amount to independent financial advice. We do not have any discretion to vary the interest rate or APR you pay under your finance agreement. We receive a fixed commission for introducing you to BMW Financial Services calculated by reference to the vehicle or as a percentage of the amount you borrow. Halliwell Jones introduces customers to a selected panel of lenders, which includes BMW Financial Services. You will have a 14 day statutory right to withdraw from the agreement. 'BMW Select' is a form of hire-purchase agreement provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB. Offer may be varied, withdrawn or extended at any time. Guarantees and indemnities may be required. Finance available subject to credit acceptance to UK residents aged 18 or over. ^Optional final payment and option to purchase fee not payable if you opt to return the vehicle at the end of the agreement (vehicle condition, excess mileage and other charges may be payable). *On the road cash price is based on manufacturer's recommended retail price and includes 3 year BMW Retailer Warranty, BMW Emergency Service, 12 months' road fund licence, vehicle first registration fee, delivery, number plates and VAT. Offers apply to vehicles ordered between 16th November 2023 and 30th December 2023 and registered by 30th December 2023 (subject to availability). Representative example is for a BMW Select agreement for the model shown. Halliwell Jones is a credit broker not a lender.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |