What dealer gives does not (necessarily) equal (archive)
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Posted by Jon Shafer on June 25, 2001 at 00:38:43:
In Reply to: Does home ownership=lower interest rate? posted by smooth on June 24, 2001 at 23:53:09:
(posted from: spider-mtc-te061.proxy.aol.com (64.12.103.176))
What dealer gives does not (necessarily) equal what FS is giving... Generally speaking, a person who qualifies for a home loan would be a superior credit risk, and therefore, would qualify for "Elite", or "Super-Preferred" tiers... BTW, the "subvented" programs (e.g. the E46 6.5% program) is not FICO score dependant/driven...
I'm beginning to think so. I've got great credit, but BMWFS gave me a crappy 8.5%. Other places give me 7%. What gives?
How much longer will BMWFS be offering the 6.5% rate? Does it apply to all models (particularly the 325Ci)? Does it vary with length of financing? Any chance they will drop rate when .25 cuts come in July, and possibly again in August as predicted? That's four questions, I'll stop.
Appreciate any info.
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