I did it

digital12 · 04-08-2008, 07:54 PM

Hi All,

I finally did it tonight....

BMW 135i
Apline White
M Package
Premium Package
Comfort Package
Auto with Paddles
Aluminum Glacier Silver Trim

The damage..... $684/month with $15000.00 down, and yes the balllon payment at the end... It was all worth it...

Cost Of Borrowing 5.9% cheeper than leasing.....

I decided to buy... SA said only 500 White to be brought to Canada this year...Limited Run... White will be gone next year..

Delivery 6 to 8 weeks

Free Stuff

As mention in the fourms not much... $600 off MRSP, Free Mats, Free Wheel Locks, GIFT CARD to buy BMW Swag....

Quick Question for all...

Should I get the Tier EXT Warranty for Run Flats???

Thanks

GB

raisemyrent · 04-08-2008, 08:08 PM

NO. it's a way to get more cash out of you. They're run flats and they're selling you fear. Check out a thread about flats in alberta (none, ever pretty much) for support of this.

(just my 4 cents btw)

digital12 · 04-08-2008, 08:10 PM

I thought so...... I will check it out....

koala · 04-08-2008, 08:10 PM

Quote:

Originally Posted by digital12

I decided to buy... SA said only 500 White to be brought to Canada this year...Limited Run... White will be gone next year..

Alpine White is a staple BMW colour. It's not going anywhere (and if it does, it'll be replaced by another white). Congrats on the purchase though!

digital12 · 04-08-2008, 08:13 PM

Quote:

Originally Posted by koala

Alpine White is a staple BMW colour. It's not going anywhere (and if it does, it'll be replaced by another white). Congrats on the purchase though!

Cool..... Thanks...

Bringinthewolf · 04-08-2008, 09:03 PM

Quote:

Originally Posted by digital12

Hi All,

I finally did it tonight....

BMW 135i
Apline White
M Package
Premium Package
Comfort Package
Auto with Paddles
Aluminum Glacier Silver Trim

The damage..... $684/month with $15000.00 down, and yes the balllon payment at the end... It was all worth it...

Cost Of Borrowing 5.9% cheeper than leasing.....

I decided to buy... SA said only 500 White to be brought to Canada this year...Limited Run... White will be gone next year..

Delivery 6 to 8 weeks

Free Stuff

As mention in the fourms not much... $600 off MRSP, Free Mats, Free Wheel Locks, GIFT CARD to buy BMW Swag....

Quick Question for all...

Should I get the Tier EXT Warranty for Run Flats???

Thanks

GB

Congrats on the car. AW is amazing.
Go to the 1'er test drive event in Alberta and you won't need to worry about the tire warranty purchase.

Kiety · 04-08-2008, 11:50 PM

Quote:

Originally Posted by digital12

The damage..... $684/month with $15000.00 down, and yes the balllon payment at the end... It was all worth it...

Congrats!

How many months financing is that? and what's the interest rate on owner's choice now? I'm still debating whether to finance or do the balloon method for my vehicle.

Templedogg · 04-09-2008, 12:35 AM

Congrats.

digital12 · 04-09-2008, 08:30 AM

Quote:

Originally Posted by Kiety

Congrats!

How many months financing is that? and what's the interest rate on owner's choice now? I'm still debating whether to finance or do the balloon method for my vehicle.

Hey There,

$684 is for 48 months, ballon paymet of 20600.00 interest was 5.95%.

Balloon payment makes much better choice in my case, although I hould have just bought it, but I will bank the other and it interest on that money.

Thanks

GB

brsk · 04-09-2008, 03:10 PM

When is the alberta 1ers test drive event?

dalrx · 04-09-2008, 07:37 PM

Let me get this strait. For your car 135i you paid the following

$15000.00 down
684 month x 48 months = $32832
and an end ballon payment of $20,000

So that is about $68,000 for a supposed entry level BMW! Holy smokes that is frightful:eyebulge:

e36chris · 04-09-2008, 07:46 PM

Quote:

Originally Posted by dalrx

Let me get this strait. For your car 135i you paid the following

$15000.00 down
684 month x 48 months = $32832
and an end ballon payment of $20,000

So that is about $68,000 for a supposed entry level BMW! Holy smokes that is frightful:eyebulge:

thats how they get you, thats why im waiting off a bit till i can really put in a good deposit and lower the months without any balloon amount
yeah the way i got all the packages the car itself paying cash was 62k after its all said and done, so now factor in some interest rates and that crazy ballon finance option and yeah...

e36chris · 04-09-2008, 07:48 PM

Quote:

Originally Posted by digital12

Hey There,

$684 is for 48 months, ballon paymet of 20600.00 interest was 5.95%.

Balloon payment makes much better choice in my case, although I hould have just bought it, but I will bank the other and it interest on that money.

Thanks

GB

thats crazy if u think about it that ballon amount means ur going to have to save $429.16 every month for 48 months to make that payment... i think thats where alot of people will get nabbed, thats like a 1113/month car payment in reality

raisemyrent · 04-09-2008, 07:49 PM

yeah
mine will work out to about 60 after interest.

the 135i is not an entry level bmw.

p.s. the way I see it, the balloon works if you are certain that you can get extra cash flow in from somewhere else... like tax returns, investments, etc... I dont really think many peopl save up the money... it would be hard to compete with the interest rate

digital12 · 04-09-2008, 08:36 PM

Quote:

Originally Posted by dalrx

Let me get this strait. For your car 135i you paid the following

$15000.00 down
684 month x 48 months = $32832
and an end ballon payment of $20,000

So that is about $68,000 for a supposed entry level BMW! Holy smokes that is frightful:eyebulge:

135I is not a entry level BMW... The interst is the killer $7600.00+

Let's not forget the TAXES, Freight and other little things.

In Ontario we pay PST which is 8%....

I hope that clear it a bit...

Leasing would have been more.... If i choice to buy it....

digital12 · 04-09-2008, 08:38 PM

Quote:

Originally Posted by e36chris

thats crazy if u think about it that ballon amount means ur going to have to save $429.16 every month for 48 months to make that payment... i think thats where alot of people will get nabbed, thats like a 1113/month car payment in reality

The money is already put aside and gaining interest and growing....

The car will hold it's value, it's not really an entry level BMW...

GB

digital12 · 04-09-2008, 08:39 PM

Quote:

Originally Posted by raisemyrent

yeah
mine will work out to about 60 after interest.

the 135i is not an entry level bmw.

p.s. the way I see it, the balloon works if you are certain that you can get extra cash flow in from somewhere else... like tax returns, investments, etc... I dont really think many peopl save up the money... it would be hard to compete with the interest rate

Pertty Much the same....

I agree the 135i is no an entry level BMW...

The 128 I would agree...

raisemyrent · 04-09-2008, 08:49 PM

Quote:

Originally Posted by digital12

Pertty Much the same....

I agree the 135i is no an entry level BMW...

The 128 I would agree...

exactly

digital12 · 04-09-2008, 08:58 PM

Quote:

Originally Posted by raisemyrent

exactly

I will updated that post...

I forgot to mention the TAXES, Fright add to the price of the car...

In Ontario we do pay the PST which is 8%... I wish I lived in Albert where yo don't have that...LOL

GB

dalrx · 04-10-2008, 12:10 PM

Well as entry level i was referring to the 1 series in general (as this is the entry level to getting a bmw) , the 135 is above say the 323 and 328i in respects there.

However adjusting to overall equity you have in 48 months, say you pay the 20k in the end balloon, you still have the car itself and if say car was 30k in value then your 68k would be 38k as you have 30k valued car at that point. Then you could move to a newer model or just keep it.

04-08-2008, 07:54 PM	#1
digital12 Private 6 Rep 77 Posts Drives: Join Date: Apr 2008 iTrader: (0)	I did it Hi All, I finally did it tonight.... BMW 135i Apline White M Package Premium Package Comfort Package Auto with Paddles Aluminum Glacier Silver Trim The damage..... $684/month with $15000.00 down, and yes the balllon payment at the end... It was all worth it... Cost Of Borrowing 5.9% cheeper than leasing..... I decided to buy... SA said only 500 White to be brought to Canada this year...Limited Run... White will be gone next year.. Delivery 6 to 8 weeks Free Stuff As mention in the fourms not much... $600 off MRSP, Free Mats, Free Wheel Locks, GIFT CARD to buy BMW Swag.... Quick Question for all... Should I get the Tier EXT Warranty for Run Flats??? Thanks GB
	Appreciate 0 Tweet Quote

04-08-2008, 08:08 PM	#2
raisemyrent Captain 43 Rep 910 Posts Drives: Black Sapphire 428i xD GC Join Date: Mar 2008 Location: Vancouver, BC iTrader: (0)	NO. it's a way to get more cash out of you. They're run flats and they're selling you fear. Check out a thread about flats in alberta (none, ever pretty much) for support of this. (just my 4 cents btw) __________________ 435i Coupe Estoril Blue on Black X Drive, M Sport Package Stage II, Premium Package
	Appreciate 0 Quote

04-08-2008, 08:10 PM	#3
digital12 Private 6 Rep 77 Posts Drives: Join Date: Apr 2008 iTrader: (0)	I thought so...... I will check it out....
	Appreciate 0 Quote

04-09-2008, 12:35 AM	#8
Templedogg Captain 49 Rep 799 Posts Drives: 135i, Trailblazer SS, 1934 PU Join Date: Oct 2007 Location: Lake Stevens, WA iTrader: (1)	Congrats. __________________
	Appreciate 0 Quote

04-09-2008, 03:10 PM	#10
brsk Registered 0 Rep 4 Posts Drives: Join Date: Apr 2008 iTrader: (0)	When is the alberta 1ers test drive event?
	Appreciate 0 Quote

04-09-2008, 07:37 PM	#11
dalrx Lieutenant 88 Rep 435 Posts Drives: 530i Join Date: Feb 2008 Location: regina iTrader: (0)	Let me get this strait. For your car 135i you paid the following $15000.00 down 684 month x 48 months = $32832 and an end ballon payment of $20,000 So that is about $68,000 for a supposed entry level BMW! Holy smokes that is frightful:eyebulge:
	Appreciate 0 Quote

04-09-2008, 07:49 PM	#14
raisemyrent Captain 43 Rep 910 Posts Drives: Black Sapphire 428i xD GC Join Date: Mar 2008 Location: Vancouver, BC iTrader: (0)	yeah mine will work out to about 60 after interest. the 135i is not an entry level bmw. p.s. the way I see it, the balloon works if you are certain that you can get extra cash flow in from somewhere else... like tax returns, investments, etc... I dont really think many peopl save up the money... it would be hard to compete with the interest rate __________________ 435i Coupe Estoril Blue on Black X Drive, M Sport Package Stage II, Premium Package
	Appreciate 0 Quote

04-10-2008, 12:10 PM	#20
dalrx Lieutenant 88 Rep 435 Posts Drives: 530i Join Date: Feb 2008 Location: regina iTrader: (0)	Well as entry level i was referring to the 1 series in general (as this is the entry level to getting a bmw) , the 135 is above say the 323 and 328i in respects there. However adjusting to overall equity you have in 48 months, say you pay the 20k in the end balloon, you still have the car itself and if say car was 30k in value then your 68k would be 38k as you have 30k valued car at that point. Then you could move to a newer model or just keep it.
	Appreciate 0 Quote