F30 320i for R4799 p/m - Sales invite from BMW!!

Coisman

Administrator
Staff member
:pimp:
Hi guys. :wave:
I just got this in my email from bmw:

Dear Mr Coetsee,

The responsive power of the new BMW 320i is at your fingertips with BMW Select Finance from R4 799 per month, including a Guaranteed Future Value, combined with a Flat Rate Comprehensive Insurance offer of R999 per month. Adding affordable running costs to the excitement of an efficient and powerful 135 kW BMW TwinPower Turbo engine. And at 0 – 100 km/h in just 7.3 seconds and a top speed of 235 km/h, power is much closer than you think, with the new BMW 320i.

BMW 320i (Manual)
Vehicle price (incl. CO2 Emissions Tax) R363 309 Total cost to customer R290 678
Monthly payment R4 799
Deposit of 10% R36 331
Monthly service fee R57
Interest rate (linked to 9% prime) 8.99%
Period 54 months
Guaranteed Future Value R181 500
Flat Rate Insurance monthly premium (not included in monthly instalment above) R999

For further information or to book a test drive contact Monique Liversage on:
Tel: 012 683 4000
E-mail: [email protected]

BMW Select is available on all BMW models through BMW Financial Services (South Africa) (Pty) Ltd, an Authorised Financial Services Provider and Registered Credit Provider.
An initiation and monthly service fee is applicable. The above offer is calculated on the new BMW 320i (Manual), based on 80 000 km contract limit. Terms and conditions will apply.
Total cost to customer includes the 10% deposit, initiation fee, monthly service fees, monthly instalments and excludes the Guaranteed Future Value and licence and registration.
Rate may vary if price differs from the example displayed in this advert. Flat Rate Comprehensive Insurance offer subject to age criteria and only valid for the first 12 months.
Offer valid until 30 June 2012 and subject to stock availability.
Model shown with optional extras.

:pimp:
So what you guys recon... should I trady my E46 for this deal or not?? :dunno:
 

husain333

///Member
Hi bud

From what I understand these prices are based on base models. The price does escalate with the additions of extra's.
From what I was told by a friend at JSN the reason they doing this is the vehicles are not really selling. They did not get of to the start the expected. It's the financial climate we in.

It comes down to what extra's are you use to and would want. It would affect that price
 

Coisman

Administrator
Staff member
:pimp:
@ Husain: Well, my car has electric seats, rain sensor pacage, PDC in the rear, Auto headlights when it gets dark... well, its got the exclusive pack.

Its a 2003 model, so I think jumping into a 2012 model... :dunno:

@ Moranor: I can afford that installment, and don't mind paying an installment. :thumb:

@ promotec: Would the branches fit the F30?? :sneaky:
 

ASH

New member
I'm sure there is some residual value/balloon payment on that installement, which appears rather low.

Becarefull guys, read the the finance contract carefully before signing up. You dont want to be stuck with having a balloon payment after 54 months :yuck:
 

Coisman

Administrator
Staff member
ASH said:
I'm sure there is some residual value/balloon payment on that installement, which appears rather low.

Becarefull guys, read the the finance contract carefully before signing up. You dont want to be stuck with having a balloon payment after 54 months :yuck:

Ash, that's what I have now, but it doesn't bother me that much. and its due in July, R62k, but bmw is willing to re-finance it for me over 6, 12, 18 or 24 months. :thumb:

On this 320i deal they have a garenteed buy-back vallue, so it works as a baloon payment. Either you pay that ammount and keep the car, or trade it in on a newer model. :thumbs:
 

moranor@axis

///Member
Official Advertiser
if you really want it then get it i would rather pay off the e46, but thats because i dont believe in buying cars on loan...
 

Coisman

Administrator
Staff member
moranor@axis said:
if you really want it then get it i would rather pay off the e46, but thats because i dont believe in buying cars on loan...

Well, the new one will have motorplan, so no more having to pay for parts when somehing breaks like I do now. :rollsmile:
 

pimpassdaddy

Well-known member
Personally I wouldn't. If you have to resort to a residual finance situation, it means you cannot afford the car.

I dont know what these manufacturers mean when they say "predictable motoring". These cars have a motor plan, how much more "predictability" can there be?

These finance soloutions merely make u a slave as there's a balance at the end of the term, outstanding. You either hand the car back, or refinance, incurring more interest on a highly depreciated asset.

Rather look for a 2010/2011 320d Cois... It will be a much better solution.
 

moranor@axis

///Member
Official Advertiser
Coisman said:
moranor@axis said:
if you really want it then get it i would rather pay off the e46, but thats because i dont believe in buying cars on loan...

Well, the new one will have motorplan, so no more having to pay for parts when somehing breaks like I do now. :rollsmile:

lol do you spend 5k a month fixing your car :fencelook: its completely up to you but that excuse does not cut it :rollsmile:

If you really want it get it... dont make excuses :)
 

UpNcOmiNg!

Events Organiser
the flat rate is limited to the 1st 12 months. Can fluctuate after that.
And its only offered to you at R999 if you over the age of 35.
 

moranor@axis

///Member
Official Advertiser
with the money you waste on a new car you could install a supercharger from burgy surely thats a better waste of money :rollsmile:
 

prandall

New member
From my understanding basically you are leasing the car.
You don't own the car after 54 months.
You return the car back to BMW at the end of that period.
 
P

petrivanzyl

Guest
The simple way I see it is as follows:

Can you afford to pay off the total cost price over 54months NO balloon payment / residual. If you can buy it.

If you cannot do not do ANY other deals to get a lower monthly installment, they will just screw you somewhere.

prandall said:
From my understanding basically you are leasing the car.
You don't own the car after 54 months.
You return the car back to BMW at the end of that period.

Thats basically what it comes down to.
 
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