Finance rates

SimonB · 05-26-2013, 11:49 PM

Hiya, what interest rate are people getting at the moment in Oz for finance, either 3rd party or BMW Finance? I've been 'offered' 7% (with EPP), but this isn't official yet.

AMJAM · 05-27-2013, 02:50 AM

We got in the 6's so keep negotiating

KT_F31_EBII · 05-27-2013, 03:03 AM

6's or lower if possible, i assume these figures are retail rate not the corporate discount rate which is lower than the standard consumer rate to start with.

HFW003 · 05-27-2013, 03:14 AM

I've been told BMW's corporate rate is 6.5%.

H

SimonB · 05-27-2013, 04:41 AM

Thanks all - I was told by the dealer that 7% was 'pretty sharp' but haven't actually been told formally that that was the Corporate rate yet. I find it a bit disappointing that the whole thing is shrouded in fog, mirrors and smoke, but that's the name of the game I guess. I'll aim for 6 and see how I go... 5.57% is the lowest quoted so far in an identical thread on 1Addicts ;-)

KT_F31_EBII · 05-27-2013, 04:46 AM

wish they do 0.9% comparison rate like the Audi A4 Quattro range at the moment...

rjr058 · 05-27-2013, 07:31 AM

I got 6.99 with BMW after initially being offered 7.15 Just purchased a new Commodore ute for work and was offered 5.99 by the Holden dealer via VW Finance. I wish I had brought the ute first as I would have financed the BMW with them also.

MikeVictor · 05-27-2013, 05:03 PM

Quote:

Originally Posted by KT_F31_EBII

wish they do 0.9% comparison rate like the Audi A4 Quattro range at the moment...

Sure. If you want an A4.

Also, good luck on negotiating the price on these if you're financing it under that deal.

St.George has pretty decent CHP/FL rates from what I remember shopping around last year and for the previous car. BMW came close but not close enough.

KT_F31_EBII · 05-27-2013, 05:43 PM

How good is BMW full circle? Issue my car for mostly business and drive 23-25km a year. Should I go for full circle?

jctg · 05-27-2013, 06:27 PM

Quote:

Originally Posted by KT_F31_EBII

How good is BMW full circle? Issue my car for mostly business and drive 23-25km a year. Should I go for full circle?

As far as I know Full Circle doesn't offer those sorts of mileage. My mileage allowance is 15k a year and I don't think they do more than 20k a year. You don't want to go over the mileage allowance - I think it is something ridiculous like 60c per km.

HFW003 · 05-27-2013, 07:33 PM

I know for a fact the BMW corporate rate is 6.5% as that is what I have for the current vehicle and have been quoted the same rate for the new one.

I have just spoken to Stratton and they are at 5.75% off the bat!

H

SimonB · 05-28-2013, 02:49 AM

Many thanks to all contributors to this thread. Pointy pencil discussion time with Westcoast BMW.

mackie777 · 05-28-2013, 03:50 AM

i got 6.25% full circle , 25km per year for 4 years

they have increased for full circle options now

KT_F31_EBII · 05-28-2013, 04:23 AM

Quote:

Originally Posted by mackie777

i got 6.25% full circle , 25km per year for 4 years

they have increased for full circle options now

Thanks for sharing. Hopefully I could get a better rate if there will be any rate drop in sept...

AMJAM · 05-28-2013, 07:41 AM

Yep we got 6.25% full circle 4 years 10,000km given how appalling the used car market is we here happy to have a little higher interest rate to have a guaranteed value at the end

J1n · 05-30-2013, 02:06 AM

What are Mercs financing rates like? Anyone gone through them before?

05-26-2013, 11:49 PM	#1
SimonB 135 to 335 M Sport to X3 30d M Sport 164 Rep 1,788 Posts Drives: 2018 X3 30d, optioned up! Join Date: May 2008 Location: Perth, Western Australia iTrader: (0)	Finance rates Hiya, what interest rate are people getting at the moment in Oz for finance, either 3rd party or BMW Finance? I've been 'offered' 7% (with EPP), but this isn't official yet. __________________ 2018 X3 30d, Carbon Black Metallic, M Sport Package, Panorama glass sunroof, Lumbar support, Instrument panel in Sensatec, Ambient Lightning, Harmon Kardon Surround Sound , Dynamic Damper Control
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05-27-2013, 02:50 AM	#2
AMJAM Captain 33 Rep 944 Posts Drives: 2013 Alpine 328I MSport Join Date: Oct 2012 Location: What is the Matrix iTrader: (0)	We got in the 6's so keep negotiating __________________ 2013 Alpine White 328I M Sport ARRIVED
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05-27-2013, 03:03 AM	#3
KT_F31_EBII First Time Bimmer 30 Rep 617 Posts Drives: F31 328i M Sport EB II Join Date: Mar 2013 Location: Sydney, Australia iTrader: (0)	6's or lower if possible, i assume these figures are retail rate not the corporate discount rate which is lower than the standard consumer rate to start with. __________________ 2013 F31 328i M Sport Touring EBII Ordered Due August 2017: 2017 Audi A4 AVANT 2.0 TFSI Quattro MY17 S-Line, Exclusive Nogaro Blue
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05-27-2013, 03:14 AM	#4
HFW003 Brigadier General 5697 Rep 3,225 Posts Drives: 2024 M340i xdrive Join Date: Apr 2013 Location: Newcastle, Australia iTrader: (0)	I've been told BMW's corporate rate is 6.5%. H
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05-27-2013, 04:41 AM	#5
SimonB 135 to 335 M Sport to X3 30d M Sport 164 Rep 1,788 Posts Drives: 2018 X3 30d, optioned up! Join Date: May 2008 Location: Perth, Western Australia iTrader: (0)	Thanks all - I was told by the dealer that 7% was 'pretty sharp' but haven't actually been told formally that that was the Corporate rate yet. I find it a bit disappointing that the whole thing is shrouded in fog, mirrors and smoke, but that's the name of the game I guess. I'll aim for 6 and see how I go... 5.57% is the lowest quoted so far in an identical thread on 1Addicts ;-) __________________ 2018 X3 30d, Carbon Black Metallic, M Sport Package, Panorama glass sunroof, Lumbar support, Instrument panel in Sensatec, Ambient Lightning, Harmon Kardon Surround Sound , Dynamic Damper Control
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05-27-2013, 04:46 AM	#6
KT_F31_EBII First Time Bimmer 30 Rep 617 Posts Drives: F31 328i M Sport EB II Join Date: Mar 2013 Location: Sydney, Australia iTrader: (0)	wish they do 0.9% comparison rate like the Audi A4 Quattro range at the moment... __________________ 2013 F31 328i M Sport Touring EBII Ordered Due August 2017: 2017 Audi A4 AVANT 2.0 TFSI Quattro MY17 S-Line, Exclusive Nogaro Blue
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05-27-2013, 07:31 AM	#7
rjr058 Enlisted Member 0 Rep 30 Posts Drives: F30 Join Date: Mar 2013 Location: Perth iTrader: (0)	I got 6.99 with BMW after initially being offered 7.15 Just purchased a new Commodore ute for work and was offered 5.99 by the Holden dealer via VW Finance. I wish I had brought the ute first as I would have financed the BMW with them also.
	Appreciate 0 Quote

05-27-2013, 05:43 PM	#9
KT_F31_EBII First Time Bimmer 30 Rep 617 Posts Drives: F31 328i M Sport EB II Join Date: Mar 2013 Location: Sydney, Australia iTrader: (0)	How good is BMW full circle? Issue my car for mostly business and drive 23-25km a year. Should I go for full circle? __________________ 2013 F31 328i M Sport Touring EBII Ordered Due August 2017: 2017 Audi A4 AVANT 2.0 TFSI Quattro MY17 S-Line, Exclusive Nogaro Blue
	Appreciate 0 Quote

05-27-2013, 07:33 PM	#11
HFW003 Brigadier General 5697 Rep 3,225 Posts Drives: 2024 M340i xdrive Join Date: Apr 2013 Location: Newcastle, Australia iTrader: (0)	I know for a fact the BMW corporate rate is 6.5% as that is what I have for the current vehicle and have been quoted the same rate for the new one. I have just spoken to Stratton and they are at 5.75% off the bat! H
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05-28-2013, 02:49 AM	#12
SimonB 135 to 335 M Sport to X3 30d M Sport 164 Rep 1,788 Posts Drives: 2018 X3 30d, optioned up! Join Date: May 2008 Location: Perth, Western Australia iTrader: (0)	Many thanks to all contributors to this thread. Pointy pencil discussion time with Westcoast BMW. __________________ 2018 X3 30d, Carbon Black Metallic, M Sport Package, Panorama glass sunroof, Lumbar support, Instrument panel in Sensatec, Ambient Lightning, Harmon Kardon Surround Sound , Dynamic Damper Control
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05-28-2013, 03:50 AM	#13
mackie777 Enlisted Member 2 Rep 48 Posts Drives: F31 320i M Join Date: Feb 2013 Location: Sydney iTrader: (0)	i got 6.25% full circle , 25km per year for 4 years they have increased for full circle options now
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05-28-2013, 07:41 AM	#15
AMJAM Captain 33 Rep 944 Posts Drives: 2013 Alpine 328I MSport Join Date: Oct 2012 Location: What is the Matrix iTrader: (0)	Yep we got 6.25% full circle 4 years 10,000km given how appalling the used car market is we here happy to have a little higher interest rate to have a guaranteed value at the end __________________ 2013 Alpine White 328I M Sport ARRIVED
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05-30-2013, 02:06 AM	#16
J1n Lieutenant Colonel 65 Rep 1,549 Posts Drives: R8 V8 '14 Join Date: Mar 2012 Location: Melbourne CBD iTrader: (0)	What are Mercs financing rates like? Anyone gone through them before?
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