Join Date: Oct 2006
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Well BMW seems to be trying to shore up their slumping sales. We are being told that the new programs are going to be 0.9 Financing available on some 2009 models. The same financing as the outgoing 2008ís! Below is what we think the rates are going to be. Of course it will be subject to some last minute change but this is pretty close.
328i and X Drive Sedan
335i and X Drive Sedan
all 5 series but not M5
328i and X Drive Coupe
328i X Drive Convertible, Wagon
335i and X Drive Coupe
650 Coupe and Convertible
|The credit crunch is affecting sales for every auto manufacturer. Toyota dropped a major bombshell when it announced that it would offer zero-percent financing on 11 of its models, and did it again by extending that promotion through the end of November. BMW followed suit and has begun offering 0.9-percent financing on every single one of its vehicles, proving that higher-end luxury marques are not immune to the downturn in sales. Now, it's Infiniti's turn. As part of its year-end sales drive, Nissan's upmarket division will be offering no-interest financing on all remaining 2008 models for up to 36 months through Nissan Motor Acceptance Corp. The automaker surely hopes these incentives will spur sales, which were down about 30% last month when compared to last year. Time to go out and get yourself a deal on that new EX.|
The best time to buy is after the new year. People will have spent a good deal of their "expendable" cash during the Holidays, creating some pretty sweet deals. I will be buying a new car in January-Feb.
Actually buying just before the new year is the best time, as the dealership doesn't have to pay taxes on that inventory. Once Jan 1 rolls around, the dealer has to pay 1-2% tax on that car.
They are eager to sell just before the new year for this precise reason.
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