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      10-30-2020, 09:22 PM   #1
Adcampo
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Anyone know current 72 month CPO rate?

I'm looking at at 2018 M3. I see BMW is offering .9% for 36 months on CPO'd 16'-18's.

Trying to confirm the 72 month rate. I heard it may be 2.49%.
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      11-01-2020, 08:57 PM   #2
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Do you really want to make payments on a used car for the next 6 years?
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      11-01-2020, 09:45 PM   #3
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Zero chance I'll keep it for more than 2 or 3.

I confirmed with my SA BMW is having a 2.49% promotion. Nearly free money and I'll still build some equity.
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      11-01-2020, 09:53 PM   #4
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No such things as equity on cars unless you had a 1M.
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      12-01-2020, 10:14 PM   #5
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Quote:
Originally Posted by Adcampo View Post
Zero chance I'll keep it for more than 2 or 3.

I confirmed with my SA BMW is having a 2.49% promotion. Nearly free money and I'll still build some equity.
If you buy a used car and finance it over six years and try and sell it in two or three you aren't going to have any equity you're going to be upside down.
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      12-02-2020, 09:09 AM   #6
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Quote:
Originally Posted by 23109VC View Post
If you buy a used car and finance it over six years and try and sell it in two or three you aren't going to have any equity you're going to be upside down.
Definitely on a BMW. Also there is the fact that the whole used car market is inflated by 15-25% right now due to Covid. Used luxury cars purchased now are poised to take a big hit IMO.
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