BMW Financial Services

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Pope33

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Has anyone dealt with them? How was your experience and is there any advantage vs. for example Nedbank or Wesbank?
 
It's actually pretty much Nedbank.

Bought a car through dealership from them before and it was painless enough.

This week wanted to apply from them as I'm buying a BMW...so off to BMW Finance I go and couldn't even do an online application.

Then emailed them and they told me that the Buyer or Seller (private deal) needs to have used BMW Financial Services before otherwise they don't even quote. Well I was with them before but this was already a little pretentious.

Confirmed my ID number and then they asked me for a hundred million documents.

I didn't bother any further as Wesbank already came back before then with a good enough deal and less trauma.
 
Not bad. Took the fixed interest rate. Thank my lucky stars. As the it has gone up by 1.5%. So I am smiling all the way. The finance was done by Mini, but BMW owns them, so the finance is with BMW Financial Services. Also no penalty for paying off earlier, as with some others.
 
They've been very good. Financed 2 vehicles with them now as BMW uses them as a tool for deals. I was on a Prime-6% on my last car and am on Prime-5% on my current one.
 
me_ said:
They've been very good. Financed 2 vehicles with them now as BMW uses them as a tool for deals. I was on a Prime-6% on my last car and am on Prime-5% on my current one.
Click to expand...
You do realise that they work the difference into the price of the car?
 
Used them with my current car. Good service obtaining the loan. But not so good after service. Its been a year now and have only received one statement inspite my calls to them requesting
 
me_ said:
They've been very good. Financed 2 vehicles with them now as BMW uses them as a tool for deals. I was on a Prime-6% on my last car and am on Prime-5% on my current one.
Click to expand...

-SBS- said:
You do realise that they work the difference into the price of the car?
Click to expand...

Lol I don't think a lot of people realise this. I mean how are people not suspicious when they get a lower interest rate on their BMW than on their house :confused:
 
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