Quote:
Originally Posted by yalmin2
Hi guys, I'm new to the forum and looking forward to joining GTA 2er meet up one day!
I went to the dealership and was told that they no longer accept 2016 2 series orders since BMW has ceased the production. It turns out that the lease interest rate for 2017 2 series is starting at 4.9% which is too high for me to consider placing an order.
I tried to find the historical data for the interest rates but couldn't find one. Do you know when they usually lower their interest rate for new year model, and if so by how much? Thanks!
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I don't think you can't order a 2016 anything from BMW or probably any other maker. Model Year silliness abounds across all makes.
As for getting a low rate on 2017s, don't hold your breath. Dealers still have lots of 2016 models left and the clock is ticking down to December. Which would you finance/lease at 2.9% A 2016 car? Or a 2017 model? What happens in February of 2017 when 2016s are still on the lot?
You can get a 2016 car though. I pick up my first 2 on Saturday (a 228i). If you want a RWD car, it's a challenge but Bruce Redwood at Performance BMW in St. Catherines had one a few weeks back (a customer backed out of a deal). It's a bit loaded but he was willing to give me a good deal.
If you want xDrive, most of the dealers still have them. I've had really great luck with Maranello BMW (ask for Walter). I'm sure they have an xDrive 228. Serge at Pfaff had two 228i xDrive demos (black and red). Finally, had a really good experience a Policaro BMW in Brampton talking with both Ken Deng and Frank (his manager). Those guys are definitely willing to deal and have cars in stock.
Good luck.