BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)
 





 

View Poll Results: Whose cancelling and whose staying?
Sticking with the 1er 28 60.87%
Cancelling or have cancelled their order 10 21.74%
Undecided 8 17.39%
Voters: 46. You may not vote on this poll

Post Reply
 
Thread Tools Search this Thread
      03-01-2008, 07:36 PM   #1
1LazyBmw
Brigadier General
1LazyBmw's Avatar
Canada
52
Rep
3,987
Posts

 
Drives: E82
Join Date: Jun 2008
Location: Toronto

iTrader: (5)

Now that the rates are confirmed whose cancelling their order and whose staying?

Ok my fellow Canadian 1ers now that the rates for financing and leasing has been confirmed as below:

6.75% financing
7.75% leasing

Whose canceling their order and whose sticking to the 1er...

Btw I myself am sticking with my order unless something big occurs like they low ball my trade in to much or my credit doesnt pass haha...
__________________
Appreciate 0
      03-01-2008, 07:38 PM   #2
0002s
Mein Führer! I can walk!
0002s's Avatar
16
Rep
822
Posts

 
Drives: Not a BMW
Join Date: Apr 2008
Location: Bunker

iTrader: (0)

Wow they take a bit in Canada
Appreciate 0
      03-01-2008, 08:02 PM   #3
bimmerfile
Grand Poobah
bimmerfile's Avatar
Canada
14
Rep
1,027
Posts

 
Drives: X1, 228xi Msprt cab (on order)
Join Date: Aug 2007
Location: GTA, Canada

iTrader: (0)

Quote:
Originally Posted by 0002s View Post
Since I never finance or lease my cars, interest rates have no impact on my purchase decision...
Appreciate 0
      03-02-2008, 12:01 AM   #4
koala
Second Lieutenant
2
Rep
228
Posts

 
Drives: 06 BMW M Coupe
Join Date: Dec 2008
Location: Edmonton, AB CA

iTrader: (0)

Quote:
Originally Posted by carnut View Post
Since I never finance or lease my cars, interest rates have no impact on my purchase decision...
I wouldn't want to tie up 50k in a depreciating asset when that 50k could be making me more money elsewhere, so for some of us lease and finance rates are very important.
__________________
2006 M Coupe | Interlagos Blue | Black Interior.
Appreciate 0
      03-02-2008, 03:51 AM   #5
pwong888
Private
1
Rep
97
Posts

 
Drives:
Join Date: Jan 2008

iTrader: (0)

I'm not buying the 1er in hurry, wait for the rate drop or any special promotion.
Appreciate 0
      03-03-2008, 03:39 PM   #6
1LazyBmw
Brigadier General
1LazyBmw's Avatar
Canada
52
Rep
3,987
Posts

 
Drives: E82
Join Date: Jun 2008
Location: Toronto

iTrader: (5)

Wow the guys sticking with their orders and the cancelling + undecided are like even.. man I guess it will be ez to recognize you guys on the road since there will only be a few of us lol.. jk
__________________
Appreciate 0
      03-03-2008, 04:16 PM   #7
bimmerfile
Grand Poobah
bimmerfile's Avatar
Canada
14
Rep
1,027
Posts

 
Drives: X1, 228xi Msprt cab (on order)
Join Date: Aug 2007
Location: GTA, Canada

iTrader: (0)

Quote:
Originally Posted by koala View Post
I wouldn't want to tie up 50k in a depreciating asset when that 50k could be making me more money elsewhere, so for some of us lease and finance rates are very important.
You mean you can make more than 7.75% (after tax) in low risk investment instruments right now. :iono:
If so, let me know, cause I ain't getting those kinds of returns...
Appreciate 0
      03-03-2008, 04:37 PM   #8
1LazyBmw
Brigadier General
1LazyBmw's Avatar
Canada
52
Rep
3,987
Posts

 
Drives: E82
Join Date: Jun 2008
Location: Toronto

iTrader: (5)

Quote:
Originally Posted by carnut View Post
You mean you can make more than 7.75% (after tax) in low risk investment instruments right now. :iono:
If so, let me know, cause I ain't getting those kinds of returns...
Honestly if I can dish out 50k I would too and not have to worry bout this and that haha.. but I can't :biggrin:
__________________
Appreciate 0
      03-03-2008, 04:39 PM   #9
koala
Second Lieutenant
2
Rep
228
Posts

 
Drives: 06 BMW M Coupe
Join Date: Dec 2008
Location: Edmonton, AB CA

iTrader: (0)

Quote:
Originally Posted by carnut View Post
You mean you can make more than 7.75% (after tax) in low risk investment instruments right now. :iono:
If so, let me know, cause I ain't getting those kinds of returns...
Low risk? No. However, I wouldn't lease a vehicle at 7.75% anyway so that point is moot. (This is why I said interest rate is very important to some of us-- if I just "had to have" one, and I didn't want to be paying that high of interest, then sure, paying cash might make sense-- but the 135 isn't quite that desirable to me)
__________________
2006 M Coupe | Interlagos Blue | Black Interior.
Appreciate 0
      03-04-2008, 02:26 PM   #10
Dave135i
Private
0
Rep
59
Posts

 
Drives:
Join Date: Jan 2008

iTrader: (0)

I think I'll be going with a 328i coupe. 7.75% is a huge kick in the pants.
Appreciate 0
      03-04-2008, 10:18 PM   #11
Em_What?
Enlisted Member
0
Rep
46
Posts

 
Drives:
Join Date: Jul 2007

iTrader: (0)

any chances that the rates will drop to 3.9% for MY2009(which should start in September)?
Appreciate 0
      03-04-2008, 11:22 PM   #12
koala
Second Lieutenant
2
Rep
228
Posts

 
Drives: 06 BMW M Coupe
Join Date: Dec 2008
Location: Edmonton, AB CA

iTrader: (0)

Quote:
Originally Posted by Em_What? View Post
any chances that the rates will drop to 3.9% for MY2009(which should start in September)?
Too many factors for someone to say for sure... but with the way the economy is going, I would be *shocked* if they don't get more aggressive in the fall.
__________________
2006 M Coupe | Interlagos Blue | Black Interior.
Appreciate 0
      03-05-2008, 01:41 AM   #13
Bringinthewolf
1 for the road
Bringinthewolf's Avatar
Canada
8
Rep
779
Posts

 
Drives: SGM 135i Cabrio
Join Date: Jan 2008
Location: Vancouver, B.C.

iTrader: (0)

Quote:
Originally Posted by koala View Post
Too many factors for someone to say for sure... but with the way the economy is going, I would be *shocked* if they don't get more aggressive in the fall.
Nurse, hand me the paddles :wink:
Appreciate 0
      03-05-2008, 02:20 AM   #14
pwong888
Private
1
Rep
97
Posts

 
Drives:
Join Date: Jan 2008

iTrader: (0)

Quote:
Originally Posted by Em_What? View Post
any chances that the rates will drop to 3.9% for MY2009(which should start in September)?
Lets wait until september.
Appreciate 0
      03-05-2008, 11:23 AM   #15
YYZATC
Private
1
Rep
72
Posts

 
Drives:
Join Date: Nov 2007

iTrader: (0)

I will be cancellng my order!

For all of you who plan on purchasing the 1er with cash I completely understand. I would be all over it if I was in that position. I will be purchasing and financing new vehicle within the the next 6 months. I will hold of as long as possible and see if BMW drops the finanace rates on the 1er if not I will be going elsewhere.

For all of you that are sticking with the 1er, are any of you planning on financing or leasing?

I guess I just dont understand how anyone would be willing to pay such a premium for the car. Would you pay a higher MSRP for a 135i as a 335i coupe if they had the same lease/finance rates? At what price would you not buy a 135i?

I guess I am just confused as to why anyone would lease/finance a vehicle at such a high rate when almost every other vehicle available can be found at a rate of 4.9% or less. This translates to 1000's of dollars.

Anyway just my rant for the day as I compose an email to send to my SA to cancel my 135i.
Appreciate 0
      03-05-2008, 12:12 PM   #16
koala
Second Lieutenant
2
Rep
228
Posts

 
Drives: 06 BMW M Coupe
Join Date: Dec 2008
Location: Edmonton, AB CA

iTrader: (0)

A lot of people don't realize that by giving in to these types of things, the car companies continue to do what they do.

If BMW could have 135's sitting on their lots by April or May, they'd wonder what the hell happened. It would be glorious to see it play out this way, but not enough people are willing to grow some balls and let their dealer know they're unhappy with the package offered.

Any good retailer listens to what their customers are saying. Personally I really appreciate it when a customer whom isn't happy with what I'm offering them let's me know of this fact. At least when you're presented with their displeasure you have the opportunity to address it. It's the customers that just roll over and accept it, or worse-yet, never even give you the opportunity to earn their business that (honest) retailers don't like.

You'd be surprised what the BMW dealer might do if you just ask for a deal.
__________________
2006 M Coupe | Interlagos Blue | Black Interior.
Appreciate 0
      03-05-2008, 12:22 PM   #17
itr-tribute
Enlisted Member
itr-tribute's Avatar
1
Rep
32
Posts

 
Drives:
Join Date: Mar 2008

iTrader: (0)

All I have to say is thank God for paying in cash, Military discount, and euro delivery. Would be a bummer to cancel my order just due to finance rates.
Appreciate 0
      03-05-2008, 01:11 PM   #18
Bringinthewolf
1 for the road
Bringinthewolf's Avatar
Canada
8
Rep
779
Posts

 
Drives: SGM 135i Cabrio
Join Date: Jan 2008
Location: Vancouver, B.C.

iTrader: (0)

To be perfectly honest with you, I would be purchasing the 1 over the 3 even if the 1 series had a higher MSRP. I have driven extensively in a 335i coupe and love everything about the car except the size. Coming from an S2000, I find the 3 just too damn big. So why wouldn’t I choose the 1 over the 3 irregardless of price? The 1 offers everything that the 3 series does except the bulk. Just my 2 cents.
Appreciate 0
      03-05-2008, 01:20 PM   #19
YYZATC
Private
1
Rep
72
Posts

 
Drives:
Join Date: Nov 2007

iTrader: (0)

Just asking the question.

So what is the maximum price you would be willing to pay for the 1er?
Appreciate 0
      03-05-2008, 01:24 PM   #20
koala
Second Lieutenant
2
Rep
228
Posts

 
Drives: 06 BMW M Coupe
Join Date: Dec 2008
Location: Edmonton, AB CA

iTrader: (0)

Quote:
Originally Posted by Bringinthewolf View Post
To be perfectly honest with you, I would be purchasing the 1 over the 3 even if the 1 series had a higher MSRP. I have driven extensively in a 335i coupe and love everything about the car except the size. Coming from an S2000, I find the 3 just too damn big. So why wouldn’t I choose the 1 over the 3 irregardless of price? The 1 offers everything that the 3 series does except the bulk. Just my 2 cents.
The 135 isn't that much smaller than a 335. And it certainly isn't much lighter.

That being said I myself have owned two S2000's (an '01 and an '04) and I don't find the 335 overly large really.
__________________
2006 M Coupe | Interlagos Blue | Black Interior.
Appreciate 0
      03-05-2008, 02:35 PM   #21
looking
Captain
13
Rep
602
Posts

 
Drives: 135
Join Date: Aug 2008
Location: GTA

iTrader: (0)

Quote:
Originally Posted by YYZATC View Post
Just asking the question.

So what is the maximum price you would be willing to pay for the 1er?
Nothing over the MSRP. It has been a long time since I've seen or heard of anyone needing to pay over MSRP. If people buying Ferrari's and RR don't pay over MSRP, I don't see why someone would have to for a 1.
Appreciate 0
      03-05-2008, 02:39 PM   #22
Bringinthewolf
1 for the road
Bringinthewolf's Avatar
Canada
8
Rep
779
Posts

 
Drives: SGM 135i Cabrio
Join Date: Jan 2008
Location: Vancouver, B.C.

iTrader: (0)

The 3 isn't huge but it feels big compared to my S2k. I'm sorry but over 8 inches in length is a lot and the rag top is a fair bit lighter than the Cabrio 335. Plus there is more storage in the trunk on the 1 with the top down.
Appreciate 0
Post 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 05:05 PM.




1addicts
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