pulling the trigger soon! BMW Select?

[pondo]

I'm looking for an alpine white on coral red 135 with m package, ipod usb adapter and gray poplar wood! Are dealers budging off MSRP?

MSRP: $39825
$6000 trade in

$412/month for BMW Select Financiing (60months)
$621/month for Financing (3.9% for 60months)
$548/month Lease (36months 10k miles)


What is the deal with BMW Select Financing?

I'm trying to pay less than $500 a month without putting any more cash into the deal. I really dont want to dump my scottrade account right now!

[jkp1187]

Originally Posted by pondo

I'm looking for an alpine white on coral red 135 with m package, ipod usb adapter and gray poplar wood! Are dealers budging off MSRP?

MSRP: $39825
$6000 trade in

$412/month for BMW Select Financiing (60months)
$621/month for Financing (3.9% for 60months)
$548/month Lease (36months 10k miles)


What is the deal with BMW Select Financing?

I'm trying to pay less than $500 a month without putting any more cash into the deal. I really dont want to dump my scottrade account right now!

It's a loan with a balloon payment due at the end.

Note that you can really get nailed by the balloon payment if you don't qualify to refinance and don't otherwise have the cash on hand to cover it -- the entire remaining balance of the loan is due at that time.

See: http://fs.bmwusa.com/BmwFsPulp/VEHSEL_BMWSelect.htm