[akhter]

bmwfs is offering 0.9 + first 2 payments off on all e90 (doesn't look like e92 is included)...

http://www.bmwusa.com/Standard/Conte...r/Default.aspx

this is from bmwfs, so you still should be able to negotiate a good deal from the dealer.

sounds like the best time to buy *IF* you can afford one in the first place

[John 070]

Originally Posted by akhter

bmwfs is offering 0.9 + first 2 payments off on all e90 (doesn't look like e92 is included)...

http://www.bmwusa.com/Standard/Conte...r/Default.aspx

this is from bmwfs, so you still should be able to negotiate a good deal from the dealer.

sounds like the best time to buy *IF* you can afford one in the first place

The price of the car went up over 4k in 2 years, so even with such a deal, you are worse off than two years ago. On top of that, if you're on welfare or Warren Buffet, you have less buying power today and your assets got whacked. That adds up to a bad time to buy imho.

[STE92VE]

Originally Posted by akhter

bmwfs is offering 0.9 + first 2 payments off on all e90 (doesn't look like e92 is included)...

0.9% is only offered on 328i, 328i xDrive sedans and 528i xDrive...other rates vary between 2.9-3.9%

Originally Posted by John 070

The price of the car went up over 4k in 2 years

Please back up your statement with facts....

[STE92VE]

Originally Posted by akhter

sounds like the best time to buy *IF* you can afford one in the first place

This is an accurate statement....

I'm expecting to secure this rate for my ED....

[Hoothout]

i got this email from bmw for mini

[noro]

Originally Posted by John 070

The price of the car went up over 4k in 2 years, so even with such a deal, you are worse off than two years ago. On top of that, if you're on welfare or Warren Buffet, you have less buying power today and your assets got whacked. That adds up to a bad time to buy imho.

Don't be such a downer

The question is, will there be a better time to buy. You can't go back in time so it doesn't matter how great things were.

[LeifW]

In order to take advantage of this offer, you need to take delivery before the end of March, correct? In other words, just ordering the car before the deal expires woudld not qualify. Right?

Leif W.

[jlstyle]

I'm damn happy that I pulled the trigger back in december for my E92 with 1.9%.
I'm really surprised that they "actually" stopped that deal.
I think under $3k of interest over 5 years is great, and if you want the E90, this got to be the good time to get it only if you can afford it. That's like $10 bucks a month of interest for your loan, plus they are eating 2 payments so that's even better.

[T3X4S]

Originally Posted by LeifW

In order to take advantage of this offer, you need to take delivery before the end of March, correct? In other words, just ordering the car before the deal expires woudld not qualify. Right?

Leif W.

I don't think that you have to have it delivered by end of March, just ordered. The rate, from what I was told when I got my 1.9% in December, was that it would be honored through BMWFS up to 2 months after you were approved regardless of the end date of the advantage offer.

[STE92VE]

Originally Posted by PaCman328

i got this email from bmw for mini

Attachment 239632

Mini's don't need incentives...they sell very well on their own...

[kgb1637]

I just read some of the items in the bailout, CNN reported that if you make $125,000 ($250,000 filing jointly) you can write off the taxes of the car, brilliant!

[BzsBimmer]

John's right.
He's calculated this before. Assuming that the data was correct, BMW increased their base price of the car and also some of their options.
Even though they are offering you a better deal with the interest rate and such, if you compare previous prices with current, and then factor in the interest, the car is actually more to buy now than it was previously, even with the low interest rates.

Basically just a shell game.
So the argument of past vs current really just applies if you look at trends. Sure you can't change the past but it's still interesting information.

[nicknaz]

Originally Posted by BzsBimmer

John's right.
He's calculated this before. Assuming that the data was correct, BMW increased their base price of the car and also some of their options.
Even though they are offering you a better deal with the interest rate and such, if you compare previous prices with current, and then factor in the interest, the car is actually more to buy now than it was previously, even with the low interest rates.

Basically just a shell game.
So the argument of past vs current really just applies if you look at trends. Sure you can't change the past but it's still interesting information.

BMW increased the asking price of car which is almost irrelevant right now. The actual transaction price of the vehicle today will be lower because of decreased demand versus 2 yrs ago when many more people were making money hand over fist and demand was strong.

[methodtim]

Originally Posted by John 070

The price of the car went up over 4k in 2 years, so even with such a deal, you are worse off than two years ago. On top of that, if you're on welfare or Warren Buffet, you have less buying power today and your assets got whacked. That adds up to a bad time to buy imho.

Originally Posted by BzsBimmer

John's right.
He's calculated this before. Assuming that the data was correct, BMW increased their base price of the car and also some of their options.
Even though they are offering you a better deal with the interest rate and such, if you compare previous prices with current, and then factor in the interest, the car is actually more to buy now than it was previously, even with the low interest rates.

Basically just a shell game.
So the argument of past vs current really just applies if you look at trends. Sure you can't change the past but it's still interesting information.

I've said to John before and I'll say it again, things done changed. You can't compare the price of an 09 BMW to that of an 07 BMW. The world is a different place and the strength of the US dollar has been significantly weakened compared to 2007. If you compare anything from 2007 to now (the price of eggs, how much cereal comes in a box, the price of tickets to a baseball game, movie ticket prices), you'll see that we're paying more now for either the same or less than we could have gotten in 07.

This is not to say that things don't suck. To the contrary, they do. But to continue to harp on the fact that things were cheaper back then is like spitting into the wind; yes, you get to clear your throat, but you're still covered in goo.

[BzsBimmer]

Originally Posted by methodtim

I've said to John before and I'll say it again, things done changed. You can't compare the price of an 09 BMW to that of an 07 BMW. The world is a different place and the strength of the US dollar has been significantly weakened compared to 2007. If you compare anything from 2007 to now (the price of eggs, how much cereal comes in a box, the price of tickets to a baseball game, movie ticket prices), you'll see that we're paying more now for either the same or less than we could have gotten in 07.

This is not to say that things don't suck. To the contrary, they do. But to continue to harp on the fact that things were cheaper back then is like spitting into the wind; yes, you get to clear your throat, but you're still covered in goo.

Look at John's quote... it basically says the same thing I think we're just honestly arguing semantics..

John is basically saying that the cost of goods has gone up so don't go into a dealer thinking you're getting a great deal because of inflation and the weak dollar, you're basically getting less for more $.

The best way to rationalize that is if you look at the past dollar point to what you could have gotten back then (which is the only reason to look back).

Maybe I'M missing John's point but this is how I interpret his comment.

The only thing that might be wrong is the fact that it's a bad time to buy. If you have the resources, it's a great time to buy (if you overlook the weak dollar)

[noro]

Good analysis, so if you go back 30 years from now the BMW is at the price level of a Rolls Roys ... that's no deal..

It's called currency devaluation. Be prepared for more price hikes down the road since the money printers at the mints are working overtime now.

Originally Posted by BzsBimmer

John's right.
He's calculated this before. Assuming that the data was correct, BMW increased their base price of the car and also some of their options.
Even though they are offering you a better deal with the interest rate and such, if you compare previous prices with current, and then factor in the interest, the car is actually more to buy now than it was previously, even with the low interest rates.

Basically just a shell game.
So the argument of past vs current really just applies if you look at trends. Sure you can't change the past but it's still interesting information.

[RyanDe680]

As sad as it sounds, I'm all over the fact that Home Expo is closing, given that we are building a home. Same thing with Linens n Things. I feel like a vulture picking at a carcass at times, but the best time to buy is when things are on sale when no one else wants them. I really do feel bad everytime going in there, thinking about all those people about to lose their jobs. It's the side of the economy that I hate.

Given, this isn't BMW's current state, the deals to be had on some of the models at 0.9% are outstanding, given the term you can obtain as well.

I have 3.9% on my '08 335, but given that I see some offers for lower than that, it's inspired me to pay the car off early.

Who knows, 3 or 4 years from now (if you have a 5 year finance for example), you could love the fact that you have 0.9% financing if rates currently then are at 4% or higher.

[bobnweave13]

Originally Posted by kgb1637

I just read some of the items in the bailout, CNN reported that if you make $125,000 ($250,000 filing jointly) you can write off the taxes of the car, brilliant!

Unfortunately it was even better before House Democrats screwed it up. The Senate version of the bill allowed you to write off not just the taxes, but the interest as well. House Democrats decided that it's more important to give government employees $300 million to buy electric golf carts than it is to help save the average American money on their new car buys.

[methodtim]

Originally Posted by BzsBimmer

Look at John's quote... it basically says the same thing I think we're just honestly arguing semantics..

John has posted various versions of the same thing in multiple threads in multiple boards. I am guilty of conflating them all into my response.

Originally Posted by BzsBimmer

The only thing that might be wrong is the fact that it's a bad time to buy. If you have the resources, it's a great time to buy (if you overlook the weak dollar)

Yes, this is the whole gist of my response. It's not a bad time to buy, provided you have the money.

[blue2fire]

How?
After the whacking my portfolio takes everyday, ill be lucky to afford a pencil sharpener?

Otherwise, good deal

[PCR]

Back on the topic at hand....

Does anybody know what the restrictions are on this? Is it only for dealer stock? I have a E90 LCI due into port on Monday. I would gladly take the 2 mo payment.

[STE92VE]

Originally Posted by PCR

Back on the topic at hand....

Does anybody know what the restrictions are on this? Is it only for dealer stock? I have a E90 LCI due into port on Monday. I would gladly take the 2 mo payment.

Check with your CA....I'm panning to take advantage of this deal with my ED, so I doubt it's restricted to dealer inventory.