[NoSoupForU]

http://www.bmwusa.com/Standard/Conte...r/Default.aspx

[NoSoupForU]

Got this email from a local dealer...


Here are some very exciting Limited Time Offers
0.9%*
APR Financing on Select New 2009 328i and 528i Models*
2.9%*
APR Financing on Most New 2009 BMW Models*
___________________________________
-Plus-
BMW will make your first two payments on any*
New 2009 328i and 335i Sedan, New 2009 1 Series and 5 Series (excluding M5s)
New 2009 650i Coupes, Convertibles and New 2009 X5 3.0 and 4.8


*0.9% APR financing for up to 60 months on approved credit for customers who finance their new 2009 BMW 328i Sedan, 328 xDrive Sedan, 528i and 528i xDrive with BMWFS through March 2, 2009. 2.9% APR financing for up to 60 months on approved credit for customers who finance their new 2009 BMW exlcuding 128i, 135i, 328i Sedan, 328i xDrive Sedan, 528i, 528i xDrive, X3 xDrive3.0i and X5 xDrive35d. 3.9% APR financing for up to 60 months on approved credit for customers who finance their new 2009 BMW 1 Series and X3 Sport Activity Vehicle. Must be a previous customer of BMW Financial Services to qualify for security deposit waiver, otherwise security is required. All prices plus government fees and taxes, any finance charges, dealer preparation charges and any emissions testing charges. All vehicle subject to prior sale. Deals include all incentives. Expires close of business 3/2/09. First two payments program up to $750 per month for retail or select financing only and excludes leases.

[Phil G.]

Here's the quote from the site:

"Available on approved credit through participating dealers and BMW Financial Services for qualified clients. Actual offer set by dealer. APR offer as low as 0.9%, up to 60 months, for select 2009 models through 3/31/09, $17.05 per $1,000. 2 Month Program offer valid from February 4, 2009 until March 31, 2009. Limited to retail installment sale contracts where payments are due starting in March 2009. See Dealer for eligible contract terms. Reimbursement for the first two payments shall not exceed $ 750.00 per month. First two payments due will be paid by BMW Financial Services NA, LLC on select new 1 Series, 3 Series, 5 Series, 6 Series, and X5 models. For full details on BMW Ultimate Service™ visit bmwusa.com/ultimateservice. ©2009 BMW of North America, LLC. The BMW name, model names and logo are registered trademarks."

It doesn't say program expires 3/2 - looks like expires 3/31/09. Am I missing something here??

[STE92VE]

Originally Posted by Phil G.

Here's the quote from the site:

"Available on approved credit through participating dealers and BMW Financial Services for qualified clients. Actual offer set by dealer. APR offer as low as 0.9%, up to 60 months, for select 2009 models through 3/31/09, $17.05 per $1,000. 2 Month Program offer valid from February 4, 2009 until March 31, 2009. Limited to retail installment sale contracts where payments are due starting in March 2009. See Dealer for eligible contract terms. Reimbursement for the first two payments shall not exceed $ 750.00 per month. First two payments due will be paid by BMW Financial Services NA, LLC on select new 1 Series, 3 Series, 5 Series, 6 Series, and X5 models. For full details on BMW Ultimate Service™ visit bmwusa.com/ultimateservice. ©2009 BMW of North America, LLC. The BMW name, model names and logo are registered trademarks."

It doesn't say program expires 3/2 - looks like expires 3/31/09. Am I missing something here??

Nope...you got it right...

[Phil G.]

Yep - I was assured today by my dealer that the 0.9% is locked in plus I get $750 off the first two payments. Nice. BMW is trying to sell some cars. Wonder when Audi is going to do something similar.

[drexplode]

stupid question...

if contract is signed in the last week of march, does that mean the first payment is due end of june?

march 31-->april 30 = bmw pays
april 30-->may 31 = bmw pays
may 31-->june 30 = I pay

[Phil G.]

Originally Posted by drexplode

stupid question...

if contract is signed in the last week of march, does that mean the first payment is due end of june?

march 31-->april 30 = bmw pays
april 30-->may 31 = bmw pays
may 31-->june 30 = I pay

That's my understanding. Unless your payments are >$750/month - in which case you'd just pay the difference for the first 2 months, starting in April.

[T-MC-G]

If I remember correctly your first payment is actually 45 days after the start date of the loan. Then it goes monthly after that.

[mwahlert]

Originally Posted by T-MC-G

If I remember correctly your first payment is actually 45 days after the start date of the loan. Then it goes monthly after that.

so you could buy a new car and not make the first payment for some time!

oh how i want a new 135i

[jjanders]

Does anyone know how this relates to ordered cars? I thought as long as you were approved for financing I could get the 0.9% now even if the car ends up arriving after 3/31/09, I would just miss out on BMW paying for the first two payments.

However, the local dealership says both the financing and 2 free payments is for IN STOCK vehicles only...

[STE92VE]

Originally Posted by jjanders

Does anyone know how this relates to ordered cars? I thought as long as you were approved for financing I could get the 0.9% now even if the car ends up arriving after 3/31/09, I would just miss out on BMW paying for the first two payments.

However, the local dealership says both the financing and 2 free payments is for IN STOCK vehicles only...

I'll let you know after I get confirm from my CA that it applies to my ED...

[WCS099]

I just ordered a 335i sedan and was assured that I was locked in at 2.9%, but if the rate goes down I qualify for the new rate. If the rate goes up (unlikely at this point), I still get the 2.9%.

[Phil G.]

Originally Posted by jjanders

Does anyone know how this relates to ordered cars? I thought as long as you were approved for financing I could get the 0.9% now even if the car ends up arriving after 3/31/09, I would just miss out on BMW paying for the first two payments.

However, the local dealership says both the financing and 2 free payments is for IN STOCK vehicles only...

Look at my post above! The language does NOT specify that financing and $750 off first two payments apply to IN STOCK cars only. My dealer provided to me, in writing, that my ordered 328xi (due at the dealership in 2 weeks) is locked in at 0.9% and he called the district rep for BMW who confirmed that the money off the initial payments absolutely applies to my car. Again, mine was ordered and is in transit as we speak, not an in stock vehicle. Call BMW of North America Customer Relations at 800-831-1117 and get verification. Stop speculating and get the facts!!

[MrWhite1015]

.9 is amazing... i got it with my 335... paid 800 bucks to finance over 5 years !

[///M PWR 00]

Anything for the M3?

[asagar]

Just picked up my new 528 and 5 mins before they shut the deal down, there were like 6 customers who did not make the deal before 8:45 pm pacific time and they were asked out and PISSED! 0.9 is GREAT!