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2.9% for 60 Months - How Long?

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Old 02-18-2006, 07:03 PM
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I am purchasing a 2006 530XI. BMWFS is offering 2.9% for up to 60 months on 2006 5 Series in February. Can I lock in this rate now if I want to take delivery in March? In other words, does BMWFS have lock in periods for it's rates?
Thanks.
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Old 02-20-2006, 04:41 PM
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Originally Posted by FJKMD' post='242570' date='Feb 18 2006, 10:03 PM
I am purchasing a 2006 530XI. BMWFS is offering 2.9% for up to 60 months on 2006 5 Series in February. Can I lock in this rate now if I want to take delivery in March? In other words, does BMWFS have lock in periods for it's rates?
Thanks.
i was going to order an 06 525i and they were going to lock the 2.9% for me for up to 60 days after it was officially over (end of Feb).
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Old 02-21-2006, 05:24 AM
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Originally Posted by FJKMD' post='242570' date='Feb 18 2006, 08:03 PM
I am purchasing a 2006 530XI. BMWFS is offering 2.9% for up to 60 months on 2006 5 Series in February. Can I lock in this rate now if I want to take delivery in March? In other words, does BMWFS have lock in periods for it's rates?
Thanks.
My dealer told me yesterday that they could lock in a rate for a lease, but not for financing...assuming you are not purchasing the car right away......just thought I'd mention that since I heard it yesterday!! BMWFS may actually have a window of time that you can lock down a rate on, especially if you are buying an existing inventory 06..........what else are you getting on your 530xi??
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Old 02-21-2006, 10:08 AM
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Originally Posted by ChicagoMD' post='243452' date='Feb 20 2006, 09:41 PM
i was going to order an 06 525i and they were going to lock the 2.9% for me for up to 60 days after it was officially over (end of Feb).

MD, Aren't you now getting an 07 if you just ordered. My dealer initially told me I could get 2.9% then 4 days later recinded that when they found out that I would be getting an 07. The financing deal i now find out only applies to MY06's.
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Old 02-21-2006, 10:19 AM
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Originally Posted by Veight' post='243731' date='Feb 21 2006, 01:08 PM
MD, Aren't you now getting an 07 if you just ordered. My dealer initially told me I could get 2.9% then 4 days later recinded that when they found out that I would be getting an 07. The financing deal i now find out only applies to MY06's.
yes youre absolutely right. i can no longer get 2.9% because im getting a 2007. there are no more production slots open for 2006 E60s, according to my dealer. but initially i was told that i could get 2.9% locked in for 60 days (on financing) after the deadline. this was before they told me that there were no more production slots.
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Old 02-21-2006, 03:11 PM
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Originally Posted by ChicagoMD' post='243742' date='Feb 21 2006, 01:19 PM
yes youre absolutely right. i can no longer get 2.9% because im getting a 2007. there are no more production slots open for 2006 E60s, according to my dealer. but initially i was told that i could get 2.9% locked in for 60 days (on financing) after the deadline. this was before they told me that there were no more production slots.
Rate is locked in for 60 days, just found out. 2.9% for 60 months...not a bad deal, but not as good as 0% that GM was offering. Definitely is an incentive for me to get an '06 over an '07...especially since I usually get hosed on re-sale anyways.
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Old 02-21-2006, 04:05 PM
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FJKMD are you sure on the rate? I'm having my sales guy check but he's very skeptical. You reside in the U.S., right? Because if you do, the rate should be nation-wide, right? Is there something written somewhere about this rate for purchasing (NOT LEASING) an MY06 E60. I'm purchasing my car next month and if it is for financing a purchase, I want in!
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Old 02-21-2006, 05:59 PM
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Originally Posted by Ralph C' post='243915' date='Feb 21 2006, 07:05 PM
FJKMD are you sure on the rate? I'm having my sales guy check but he's very skeptical. You reside in the U.S., right? Because if you do, the rate should be nation-wide, right? Is there something written somewhere about this rate for purchasing (NOT LEASING) an MY06 E60. I'm purchasing my car next month and if it is for financing a purchase, I want in!
This rate is only for the central midwest region.
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Old 02-21-2006, 09:55 PM
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Originally Posted by FJKMD' post='243969' date='Feb 21 2006, 06:59 PM
This rate is only for the central midwest region.
-FJKMD
Thanks FJKMD...You just bursted my bubble! Oh well, I guess I'll just have pay 6.5% like everyone else. Thanks again for the info.
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Old 02-22-2006, 01:12 PM
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Originally Posted by Ralph C' post='244044' date='Feb 22 2006, 12:55 AM
Thanks FJKMD...You just bursted my bubble! Oh well, I guess I'll just have pay 6.5% like everyone else. Thanks again for the info.
you could always have someone in the midwest buy it for you?
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