BMW response to the financial crisis: 0.9% finance rates

Car Tips | October 12th, 2008 by 7

This past Friday, BMW has released new lease and finance rates for all of their 2008 models. The economical crisis that we are going through, …

This past Friday, BMW has released new lease and finance rates for all of their 2008 models. The economical crisis that we are going through, associated with lower than expected sales, has pushed BMW to change their strategy again. We’re not sure if this is a short term plan and we won’t be speculating since we’re not finance majors, hopefully we will hear more soon. 

In the mean time, all of the 2008 bimmers, with the exception of the X6, can be purchased with a 0.9% finance rate. Additionally, money factors have been reduced on all models, except the 1 Series and X6.

I looked at my BMW 335i’s lease numbers(I purchased the car back in January), and I realized the new rates would have saved me almost $50/month or a total of $1800 over three years. Not bad, but hey, you can’t always predict the market.

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