Quote:
Originally Posted by bgexpress
My car is at the port in Bremerhaven so I inquired with my CA about locking the advertised .9% rate in since we are within 60 days. My CA is saying that 1.9% is the best rate given my credit score which is 770+. The dealer website and bmwusa both reference .9% apr being available.
What am I missing here? Are they trying to mark the rate up on me or do I need an 800+ score to get the .9% apr? Thanks for your help!
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Actually I called BMW NA financial department directly two months ago and asked similar questions, they said the final APR is decided by each BMW dealer, dealer can decide any APR they want and it is totally legit.
However there are a few BMW dealers (which are operated directly by BMW NA) will honor the APR from BMW website, since these dealers only provide financial service through BMWFS.
So here as long as you have certain credit score, they can decide the APR by themselves.
Back in August, there was one BMW dealer provides me 5.99% APR even my credit score is 780+.