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2010 2011 BMW 5 Series Forum F10 Finance options other than BMWFS for ED |
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06-08-2012, 06:51 PM | #1 |
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Finance options other than BMWFS for ED
Guys I think I'm getting a decent deal on a 2013 5 series. I was told by my CA that most banks don't finance for ED except USAA which I'm not eligible for.
BMWFS apr is fairly high. Any suggestions or experiences. Thanks |
06-12-2012, 01:23 PM | #2 |
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Drives: 2018 540i M Sport2015 535i M S
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Take out a loan from any bank for the full amount and pay up front, this should save you some money over other FS options, I have looked into it previously.
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06-26-2012, 01:39 AM | #4 |
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I used a credit union to get 2.5% on my CPO purchase last month. They had a tough enough time with me buying the car 5 states away- no way they would finance ED. i imagine most credit unions would need the title in hand prior to the ED timeframe per their own regs or the NCUA- but I could be wrong.
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07-04-2012, 01:03 AM | #6 |
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Hi, I registered just to help answer this post
Look into https://www.penfed.org/ I have not personally used it, but a lot of people in other forum seems to have good success. I am not sure if they can accomodate ED, but worst case scenario you can always refinance with the same rate as if you are buying new car. Please do me a favor and let me know how it goes. I am looking to do the same as well with potential ED purchase |
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