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The BMW Range
3 Series
F30, F34
Straight Line VS Step Up Financing
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<blockquote data-quote="muffinz" data-source="post: 710313" data-attributes="member: 7930"><p>Hi GreatWhite,</p><p></p><p>Step up financing appears to be a viable option if you're likely to sell the car before the loan repayment period is up (and to have a low entry cost with minimal downpayment), and would like that extra liquidity by paying a few hundred bucks less every month.</p><p></p><p>Do however bear in mind that the step up plans you see on BMW credit websites are promotional rates and only apply to pre-registered 2013 / demo 2013 models. Give BMW credit a call, it should be at the level of 3.68% per annum.</p><p></p><p>For straight line financing however, the general rate quoted now is 2.4% per annum and I'm hearing it can go as low as 2.31% depending on the loan amount/tenure/your documents.</p><p></p><p>The rest you can work out <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="muffinz, post: 710313, member: 7930"] Hi GreatWhite, Step up financing appears to be a viable option if you're likely to sell the car before the loan repayment period is up (and to have a low entry cost with minimal downpayment), and would like that extra liquidity by paying a few hundred bucks less every month. Do however bear in mind that the step up plans you see on BMW credit websites are promotional rates and only apply to pre-registered 2013 / demo 2013 models. Give BMW credit a call, it should be at the level of 3.68% per annum. For straight line financing however, the general rate quoted now is 2.4% per annum and I'm hearing it can go as low as 2.31% depending on the loan amount/tenure/your documents. The rest you can work out :) [/QUOTE]
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The BMW Range
3 Series
F30, F34
Straight Line VS Step Up Financing
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