Dealer is giving me high interest rate - How soon can I refinance?

RElias21 · 12-06-2019, 04:29 PM

One thing I have not heard mentioned here is that the finance term matters as well.
Generally, the longer the term, the higher the rate.

I do agree, though, that those who are mentioning what they were able to get years ago has little relevance.

I recently (October 2019) purchased a used F80, and the dealer I purchased from was able to line me up with a 2.74% for 72 months from US Bank.
Considering the length of the term, I thought that was great!

Jim B · 12-15-2019, 11:53 AM

Try a local credit union.

12-06-2019, 04:29 PM	#45
RElias21 Captain 563 Rep 884 Posts Drives: 2017 30 Jahre M3 Join Date: Jan 2011 Location: Central NJ iTrader: (1)	One thing I have not heard mentioned here is that the finance term matters as well. Generally, the longer the term, the higher the rate. I do agree, though, that those who are mentioning what they were able to get years ago has little relevance. I recently (October 2019) purchased a used F80, and the dealer I purchased from was able to line me up with a 2.74% for 72 months from US Bank. Considering the length of the term, I thought that was great! __________________ Previously: 2010 E92 335 (6MT) 2011 E92 M3 ZCP (6MT)
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12-15-2019, 11:53 AM	#46
Jim B Wingman 1895 Rep 1,890 Posts Drives: 2022 BMW M4 Manual Join Date: Aug 2014 Location: Sacramento, CA iTrader: (0)	Try a local credit union.
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