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BMW Will Pick Up Your First Two Payments

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Old Feb 13, 2009 | 10:30 AM
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Exclamation BMW Will Pick Up Your First Two Payments



You know how good it feels when someone insists on picking up the tab at a bar or restaurant? BMW wants to bring that feeling to the car-buying experience by picking up customers’ first two payments — up to $750 a month/$1,500 total — for vehicles financed through BMW Financial Services.

The offer extends to 18 models, including the 1 Series, 3 Series, 5 Series, 6 Series and X5. Furthermore, it won’t be a one-or-the-other choice: The deal can be combined with BMW’s current financing deals, which range from 0.9% to 3.9% APR.

Even in this battle to bolster its slumping sales figures, the German automaker hasn’t given buyers a lot of time to act. The deal, which began Feb. 4, will end March 2 for 2008 models and March 31 for 2009 models.

If you’ve been dreaming of that BMW for a while, it won’t get much more enticing than the automaker picking up the first two bills.
Source: http://blogs.cars.com/kickingtires/2...-payments.html

Direct link to BMW's page with details.

Last edited by Overclocker; Feb 13, 2009 at 11:34 AM. Reason: Added more direct link
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Old Feb 13, 2009 | 10:46 AM
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i don't know man, i'm sure there are always some sort of catch.
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Old Feb 13, 2009 | 10:47 AM
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That's pretty damn cool of BMW. Too bad they didn't do this about 3 months ago when my dad bought his 5...
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Old Feb 13, 2009 | 10:54 AM
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This has been the deal for quite some time for CPO's..
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Old Feb 13, 2009 | 11:41 AM
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yeah i have heard about this deal for a while, maybe it was more dealership dependent?
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Old Feb 13, 2009 | 11:45 AM
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Originally Posted by DASHOCKER
This has been the deal for quite some time for CPO's..
True, but this is on new cars!

I've updated my post with direct link.
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Old Feb 13, 2009 | 02:47 PM
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MB has a similar deal on new cars, except it is off a lease. I assume this is for a purchase.
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Old Feb 13, 2009 | 02:56 PM
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Damn, that's great incentive & low %! If there's no catch...

If i were buying a BMW, i would do a low down, to max out the 2 free months payment. After that, if no catch on Finance, i'll refniance with another bank loan with slight high interest %, and put the original down to lesser the montly payment. The 2 months free payment already cover the vehicle % payment. Add that to invoice price on vehicle? + maybe US gov't tax cut? or use 0% interest credit card and move around the balance.

The 2 payments just a way for them to give back % gained.

Last edited by speed_Demo; Feb 13, 2009 at 03:06 PM.
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