Is Anyone Familiar With The 48 Month Bmw Select Program? If So Is It A Worth Doing?
December 17th, 2009 Posted in BMW
The deal of the offer is as follows: 2005 BMW 3.0 X3 with 30,000 miles. Fully loaded. I would pay $1500 down and $399 a month for 48 months and if I decide to keep it after the 48 months I would owe a ballon payment og $9000.
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December 17th, 2009 at 12:24 pm
The BMW Select is good for people who can’t afford the full finance payment of the total amount. Also when you’re working with a select loan, the interest rate will be higher than that of the typical financing rate of a 36,48 or 60 month loan. Select loans favor those with higher credit scores. Keep in mind, at the end of the term of the Select loan, you will have to the the balloon + tax, title, license and DMV fees + any interest rates if you re-finance.
December 17th, 2009 at 12:24 pm
Check Kelly Blue Book and see what resale is then you can see if it’s a good deal.
December 17th, 2009 at 12:24 pm
Bmw are nice but why have one of those when you can have a Chevy. Cobalt SS is better then any 30,000 mile beamer (unless ur barbie) U can buy one used with like 10thousand miles on it for about 10g’s Plus u have many goodie options to put on a cobalt!
December 17th, 2009 at 12:24 pm
you may not want to hear this but you are not gonna get a good deal from leasing bottom line. so after 4 years you have a 12 years old bmw which you can keep for 9 gs? makes no sense get a loan for the car so you can keep it afterwards, if you can’t get a loan pay cash. if don’t have the cash……