E90Post
 


GTB Performance
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > UK > BMW Select Question



Reply
 
Thread Tools Search this Thread
      03-08-2013, 06:30 AM   #1
325_bucks
Private
0
Rep
50
Posts

 
Drives: E92 325D LeMans Blue
Join Date: Jan 2013
Location: High Wycombe

iTrader: (1)

BMW Select Question

Does anyone have any experience with using BMW Select and specifically with overpaying on the agreement? I have a select agreement and they said I could overpay without penalty when i wanted, but i want to know if any overpayments will go towards the capital or will it first go towards the interest? Ideally I want to overpay to reduce capital and therefore pay the agreement off quicker.

Thanks
Appreciate 0
      03-08-2013, 10:57 AM   #2
dotmit
Private First Class
United Kingdom
1
Rep
143
Posts

 
Drives: E93 325i | K46 S1000RR
Join Date: Nov 2012
Location: EC3

iTrader: (0)

It says in the small print, but it goes against the capital first I think. There was some change in FSA regulations a while back that forced it if I'm not imagining things...
__________________
I'm new. Go easy on me
Appreciate 0
      03-08-2013, 10:58 AM   #3
325_bucks
Private
0
Rep
50
Posts

 
Drives: E92 325D LeMans Blue
Join Date: Jan 2013
Location: High Wycombe

iTrader: (1)

Thanks for your reply, thats good to know, ill have to dig out the paperwork and have a look then, if anyone else knows for sure then please say. My paperwork is more than buried right now
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 01:20 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST