Originally Posted by hubble bubble
For dealers and BMW, it is good news. Get customers in, sell a new car before the customer notices the extra cash flow from not having a monthly payment.
BMW Canada has always given better finance rates to existing customers who buy a new car within 6 months of paying off the old one. They shoudl extend that period to 1-2 years.
I think BMWFS Canada has removed the discount rate for existing owners. Last I checked this is the case. Both our current BMWs received discounted rates because we already owned BMWs which was a huge selling feature for us. One is at 0%!