Sweet! Saving $50/month

Ender_ · 05-01-2009, 04:28 PM

My sales guy called me today told me the intrest rate on my 135 has gone down to 3.9% this month! So when I pick it up next month it'll be $50 cheaper...considering over 4 years thats $2400 i'm pretty happy!

Still waiting though!

I will say Otto's has been very good, didn't start off so great after signing there was a fee I wasn't expecting since it wasn't part of our negotiations, it's been kind of resolved. But we'll see how it goes once I take delivery.

Lucky1 · 05-01-2009, 05:07 PM

Quote:

Originally Posted by Ender_

My sales guy called me today told me the intrest rate on my 135 has gone down to 3.9% this month! So when I pick it up next month it'll be $50 cheaper...considering over 4 years thats $2400 i'm pretty happy!

Still waiting though!

I will say Otto's has been very good, didn't start off so great after signing there was a fee I wasn't expecting since it wasn't part of our negotiations, it's been kind of resolved. But we'll see how it goes once I take delivery.

Judging by building a 1er on BMW.ca it looks like the finance and lease rates have dropped 2% to 2.9% and 3.9% respectively. Glad I didn't buy in the last two months. Still not that much closer though :/ Looks like pre-owned all the way.

supraking · 05-03-2009, 01:29 PM

Quote:

Originally Posted by Ender_

My sales guy called me today told me the intrest rate on my 135 has gone down to 3.9% this month! So when I pick it up next month it'll be $50 cheaper...considering over 4 years thats $2400 i'm pretty happy!

Still waiting though!

I will say Otto's has been very good, didn't start off so great after signing there was a fee I wasn't expecting since it wasn't part of our negotiations, it's been kind of resolved. But we'll see how it goes once I take delivery.

What fee are you talking about? I'm waiting for production/delivery, don't want to be surprised if there's something I'm not expecting.

Ender_ · 05-04-2009, 08:47 AM

Just this issue or fee I'm talking about...haven't picked it up yet so I'm not expecting any suprises since we both signed the offer....

http://www.1addicts.com/forums/showthread.php?t=250856

alanchan · 05-04-2009, 02:04 PM

Guys, I've just check it out.

The new 2.9% applies to
Retail Finance up to 60 months
and
Owner's choice up to 48 months

For leasing, still up @ 3.9%

Ender_ · 05-04-2009, 02:11 PM

yup all of Canada 3.9% lease rates, 5.9% was just silly today.

alanchan · 05-04-2009, 04:34 PM

wow, 2% drop, that's pretty good.
I also notice the 3 series are the same rate too
Most Japanese cars are now at 0% except for Lexus, wonder BMW will drop even more this summer....

supraking · 05-05-2009, 09:43 AM

Yup, called my CA and got my rate dropped too. However, he told me the new residual goes in effect as well (you don't get the best of both worlds). Can anyone confirm that as well? Not that I care, I'm still saving about $41/month.

samircanada · 05-06-2009, 01:14 PM

It was the same deal for me.
i picked up my 128i at 2.9% for 4 years.

i was dealing with Wael at Otto's, really nice guy.
But I picked it up from Elite since I was able to really bring them down much more in price and I have a loaner untill I get my car delivered.

how many others from Ottawa? is there a meet in the plans?

05-01-2009, 04:28 PM	#1
Ender_ Lieutenant 54 Rep 509 Posts Drives: BMW 1M VO, V60 Polestar '24 Join Date: Mar 2009 Location: Ottawa iTrader: (0)	Sweet! Saving $50/month My sales guy called me today told me the intrest rate on my 135 has gone down to 3.9% this month! So when I pick it up next month it'll be $50 cheaper...considering over 4 years thats $2400 i'm pretty happy! Still waiting though! I will say Otto's has been very good, didn't start off so great after signing there was a fee I wasn't expecting since it wasn't part of our negotiations, it's been kind of resolved. But we'll see how it goes once I take delivery.
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05-04-2009, 08:47 AM	#4
Ender_ Lieutenant 54 Rep 509 Posts Drives: BMW 1M VO, V60 Polestar '24 Join Date: Mar 2009 Location: Ottawa iTrader: (0)	Just this issue or fee I'm talking about...haven't picked it up yet so I'm not expecting any suprises since we both signed the offer.... http://www.1addicts.com/forums/showthread.php?t=250856
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05-04-2009, 02:04 PM	#5
alanchan Major 72 Rep 1,402 Posts Drives: 2006 323i Join Date: Jul 2006 Location: Vancouver, BC, Canada iTrader: (21)	Guys, I've just check it out. The new 2.9% applies to Retail Finance up to 60 months and Owner's choice up to 48 months For leasing, still up @ 3.9% __________________ 323i, Arctic metallic , Cream beige leatherette interior , Titanium matt trim , Premium , Auto , 18" style 189 sport wheels , 335i bumper + kidney grills, CF pillars, Chrome window trim package , LCI halogen.
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05-04-2009, 02:11 PM	#6
Ender_ Lieutenant 54 Rep 509 Posts Drives: BMW 1M VO, V60 Polestar '24 Join Date: Mar 2009 Location: Ottawa iTrader: (0)	yup all of Canada 3.9% lease rates, 5.9% was just silly today.
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05-04-2009, 04:34 PM	#7
alanchan Major 72 Rep 1,402 Posts Drives: 2006 323i Join Date: Jul 2006 Location: Vancouver, BC, Canada iTrader: (21)	wow, 2% drop, that's pretty good. I also notice the 3 series are the same rate too Most Japanese cars are now at 0% except for Lexus, wonder BMW will drop even more this summer.... __________________ 323i, Arctic metallic , Cream beige leatherette interior , Titanium matt trim , Premium , Auto , 18" style 189 sport wheels , 335i bumper + kidney grills, CF pillars, Chrome window trim package , LCI halogen.
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05-05-2009, 09:43 AM	#8
supraking Captain 49 Rep 759 Posts Drives: 128i Coupe 6MT Join Date: Apr 2009 Location: Montreal iTrader: (0) Garage List 2009 128i Coupe [0.00]	Yup, called my CA and got my rate dropped too. However, he told me the new residual goes in effect as well (you don't get the best of both worlds). Can anyone confirm that as well? Not that I care, I'm still saving about $41/month.
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05-06-2009, 01:14 PM	#9
samircanada New Member 1 Rep 25 Posts Drives: 128i Alpine white Join Date: Apr 2009 Location: Ottawa iTrader: (0)	It was the same deal for me. i picked up my 128i at 2.9% for 4 years. i was dealing with Wael at Otto's, really nice guy. But I picked it up from Elite since I was able to really bring them down much more in price and I have a loaner untill I get my car delivered. how many others from Ottawa? is there a meet in the plans?
	Appreciate 0 Quote