[Jred22]

Hey guys, so i got approved to buy an NON-CPO 07 335i with a 3rd party warranty. The rate is 7.49% for 72 months though w/ a co-signer. I know bmw is still running the .9% financing on CPO cars, i have the option of going CPO on another car, and if i did 72 months, would i still get that .9% or would it go up? Any help appreciated, thanks guys. BTW my down payment is about 20% of the cars value, and my credit is good, but i don't have much on there, so i needed a co-signer.

[gunsekun]

.9% would be the 60 months.... never seen 72 month option through BMW......

[Jred22]

Originally Posted by gunsekun

.9% would be the 60 months.... never seen 72 month option through BMW......

Well they gave me 72, but that was on a non-CPO model. Anyone know if they would do 72 on a CPO, does it make that much of a difference to them?

[07E92TT]

they wanted me to have a co-signer for the .9% too, none of my family would co-sign because they didn't approve of me having a BMW in college so I said FUCK everybody and now I pay 7% for 72 months with a smile on my face every time I get behind the wheel. My car isn't CPO'd and my passat i traded in was paid for so I had like 18k down so my payments are only like 160/mo.

[Jred22]

Originally Posted by 07E92TT

they wanted me to have a co-signer for the .9% too, none of my family would co-sign because they didn't approve of me having a BMW in college so I said FUCK everybody and now I pay 7% for 72 months with a smile on my face every time I get behind the wheel. My car isn't CPO'd and my passat i traded in was paid for so I had like 18k down so my payments are only like 160/mo.

Hahahaha i love it. I'm also still i school too, but my pops is cool enough to hook me a co-sign.

[Jred22]

Anyone else got some insight/advice on this?

[pnutty]

Hey buddy,

I just got a 08 CPO'd and was looking into financing before I took another route.
0.9% was not available to me due to the car being an 08. When I purchased the car it was December so the rates are most likely different for Jan.

0.9% was available for short term loans for cars 07 or older. If you wanted 60 months the rate was 1.9%

For the 08 the rate for short term was 1.9% and the rate for 60 months was 2.9% and for 66 months it is 3.9%

Hope this helps !

[Jred22]

Originally Posted by pnutty

Hey buddy,

I just got a 08 CPO'd and was looking into financing before I took another route.
0.9% was not available to me due to the car being an 08. When I purchased the car it was December so the rates are most likely different for Jan.

0.9% was available for short term loans for cars 07 or older. If you wanted 60 months the rate was 1.9%

For the 08 the rate for short term was 1.9% and the rate for 60 months was 2.9% and for 66 months it is 3.9%

Hope this helps !

thanks i appreciate the info!

[RX7guy]

https://www.penfed.org/productsAndRa.../autoLoans.asp

3.25 % for a used car loan. Much better rate for up to 60 months. You just need to sign up for military families assoc. its like $25 or so .
I would never finance for 6 years, but thats me.