BMW 3-Series (E90 E92) Forum - View Single Post - F$%K, BMW FS just lowered their rate for E92 335i by 1%

Payroll · 03-05-2008, 06:21 PM

Unless you can somehow convince BMWNA to give you the 3.9%, refinancing with a third-party lender will not lower your rate.

Risk-free treasury bonds are paying around 5% right now. No matter what your credit score is, you are riskier than lending to the US government (at least in theory). If people are lending to the US government for 5%+, depending on term of the loan, they're not going to lend to a riskier borrower for less interest. The only reason BMW NA can offer those rates is because they are incentivizing you to buy the car. The reason I bought the car was because I found the 4.9% attractive (I bought it less than 2 months ago so I share your pain).

Not sure about how it would affect your credit score.

03-05-2008, 06:21 PM	#14
Payroll Second Lieutenant 8 Rep 230 Posts Drives: '08 e92 335i Join Date: Jan 2008 Location: little place called none of your Goddamn business iTrader: (1)	Unless you can somehow convince BMWNA to give you the 3.9%, refinancing with a third-party lender will not lower your rate. Risk-free treasury bonds are paying around 5% right now. No matter what your credit score is, you are riskier than lending to the US government (at least in theory). If people are lending to the US government for 5%+, depending on term of the loan, they're not going to lend to a riskier borrower for less interest. The only reason BMW NA can offer those rates is because they are incentivizing you to buy the car. The reason I bought the car was because I found the 4.9% attractive (I bought it less than 2 months ago so I share your pain). Not sure about how it would affect your credit score. __________________ 2008 335i \| Space Gray \| Blk & Gray Poplar \| 6 MT, M3 Lip, Painted Reflectors, Huper Optik 30 (35%), V1 Hardwire, Pussy Magnet
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