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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Manuals, Invoice/MSRP Pricing, Buying Guides, Bulletins, etc. > 4.9% for 72?



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      12-06-2009, 01:46 PM   #1
Matts435coupe
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4.9% for 72?

Can you get 4.9% for 72 months, or is it only for 60 months?
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      12-10-2009, 01:51 AM   #2
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Only 60 months. BMW doesn't routinely do 72 month finance packages (and it's normally not in your best interest to finance that long).
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      05-24-2010, 07:10 PM   #3
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I used Chase and closed today - rate was 3.34 for 60 months.
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      05-28-2010, 05:33 PM   #4
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Its not a great idea to finance for 72 months... I work at a dealership and on top of getting the worst rate youre not going to be happy still paying for your car 6 years later. I would suggest saving up a bit more money to put down so you can lower your payment instead of doing 72 months to lower the payment
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      06-26-2010, 04:28 PM   #5
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I just got it for 66 months if that helps you at all.
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      06-26-2010, 04:36 PM   #6
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Not only 72months is too long but that rate is too high. I remember paying 2.9% for 60months for mine.
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      07-30-2010, 01:15 PM   #7
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I'm getting 3.9% for 72 with a credit union. If you know any family that has one thats a good route to look into.
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      07-30-2010, 01:32 PM   #8
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2.99 Penfed 60mos
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      07-30-2010, 01:34 PM   #9
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1.9 for 60 here
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      07-30-2010, 02:10 PM   #10
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Quote:
Originally Posted by SpmnE9zero View Post
1.9 for 60 here
Where at?
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      07-30-2010, 02:51 PM   #11
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Sometimes the realization of financing, and actual dollar amount over 6 years isn't totally understood.
If you finance $55,000 over 72 months at 4.9%, you are paying over $8500 to the lender in interest.
Reducing it to 60 months at 2.9%, the interest over the term of the loan is reduced to about $4100.
It is important to have a monthly budget but at the same time, be careful not to focus 100% on the monthly payment. It is exactly what the car dealers want you to do.
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      08-01-2010, 09:07 PM   #12
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Quote:
Originally Posted by sneaks View Post
Sometimes the realization of financing, and actual dollar amount over 6 years isn't totally understood.
If you finance $55,000 over 72 months at 4.9%, you are paying over $8500 to the lender in interest.
Reducing it to 60 months at 2.9%, the interest over the term of the loan is reduced to about $4100.
It is important to have a monthly budget but at the same time, be careful not to focus 100% on the monthly payment. It is exactly what the car dealers want you to do.
You are 100% right! But as of right now I'm going to school using the g.i. bill so my income is slightly limited... I might just end up trying to get another job and really bust my ass... I know it pays off in the long run.
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      08-09-2010, 07:31 PM   #13
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Quote:
Originally Posted by jmar0351 View Post
You are 100% right! But as of right now I'm going to school using the g.i. bill so my income is slightly limited... I might just end up trying to get another job and really bust my ass... I know it pays off in the long run.
Don't get a BMW...you can't afford it.

The truth hurts sometimes.
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      08-09-2010, 09:51 PM   #14
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^^^ What BayMoWe335 said. Finish school and then get your car once your job is in place.
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      08-09-2010, 11:14 PM   #15
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g.i. bill? thanks you for your service.
also it does suck to hear but listen to them... if its a struggle to afford the loan for the car you cant afford it with maintenance etc...
Be patient and start putting money aside now.
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