This was posted 7 years 10 months 20 days ago, and might be an out-dated deal.

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Brisbane BMW - 0% Comparison Interest Rate

72

Got this is my email today - good deal if you get the right price/specs

"Celebrate the BMW Summer Sales Festival at Brisbane BMW with zero percent finance and zero deposit* required, plus free 5 years/80,000km Service Inclusive^ across the entire range of new and demonstrator BMW vehicles. There has never been a better time to drive away in the Ultimate Driving Machine of your dreams.

With zero reasons not to, which one will you take home?

Offer is available for a limited time only, don't miss out on this outstanding opportunity. Register your interest with Brisbane BMW before December 31 by phoning
3853 0022 or via the link below.

We look forward to welcoming you into the dealership soon.

Kind regards,

Martin Roller
Managing Director
Brisbane BMW"

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brisbanebmw.com.au
brisbanebmw.com.au

closed Comments

  • +4

    But are there any good deals on the car?

  • +7

    Just lost a major lawsuit over ripping off clients sale: http://www.afr.com/business/banking-and-finance/bmw-finance-…

  • +6

    Here is an article not under the paywall in regards to the lawsuit.
    http://www.skynews.com.au/business/business/company/2016/12/…

    What a crap company.

  • +5

    Expect to pay full RRP with 0% finance.

    There's no free lunch.

    Buy a reliable Toyota instead. :)

    • umm not a Toyota…they are really boring. May be a Kia?

      • +1

        Toyota's are the best!

        • +4

          best for people who dont know how to drive

      • +1

        7-year KIA warranty, pretty good.

        • Kia reliability, not so good. again. "there's no free lunch"

        • @markis: Actually, the newer models aren't too bad. At least that's what the technicians in the KIA workshop and the Warranty Manager say. I'm guessing that's why they are able to offer the 7-year warranty, as they have improved.

          "There's still no free Kimchi".

        • +1

          @malouphix: Yeah I've got a current model Kia Rio SLS. it's really cheap and plastic. But not bad. only a few warranty issues.

          haha there's no free kimchi 😂

    • +1

      I have a 2004 BMW 325 ci, had owned in the past a 1 series and a Z4. NEVER had an issue.. and is not as boring as the average japan car is..

      (not justifying the price, just saying)

  • Be careful with 0% finance, they may force a bubble payment at the end rather than it being optional.

    • +4

      And ongoing monthly fees + settlement fees.
      Obviously there is no way to get 0% finance, because there's a cost of funds for the company.
      Just a marketing ploy, you will get charged a premium elsewhere to make up for the '0%' finance.

      • In my experience the Nissan 0% was really good .Back in 2013 when i did my purchase - Looked for deals for a car with webprice $49000 . Spoke to 6 dealers with deposit money in hand and the offer varied between 41000-42000. Finally i managed to get it down to $38500 including their usual free giveaways . I paid $2500 and the rest 36000 in 36 months -$1000/month .I wasn't charged anything extra. The price before and after the 0% promotion remained the same too.

        • As always, they'll make money elsewhere if offering '0% finance'.
          Dealerships have the upper hand when providing 0% finance. Nothing is ever 'free' in the finance world, even if it seems like it is on face value ;)
          I guess sometimes you can get a good deal, if you're lucky! Well done!

  • -1

    No deal when you compare the total cost of the repayments vs the cost of the car without finance. Plus, they're dodgy.

    • +1

      Can you provide an example? If it's 0% interest what are the total payments buying outright vs financed?

      • When you get a car on low interest dealer finance you will always pay a higher price for it than if you purchased it through your own loan.
        E.g. car will be $1500 on 0% and you pay 5 lots of $300 repayments.
        If you arrange your own loan you will be able to negotiate the car price down to $1200 and make 5 lots of $280 payments, costing you $1400 all up ($200 interest).
        Why? BMW need to take out a loan and have their own interest to pay on it while you repay your "0%" loan. Also, they want to make money off the sucker that took the finance too.

    • +1

      I don't think you are basing your assumptions on any real numbers - BMW have been doing some excellent deals lately

  • +6

    Do they come with indicators? Because I never see BMW drivers use them.

    • Same like taxis driving toyotas.

    • What do you drive?

      • -1

        Me? Accord euro

        • +6

          Nice. Does it come in men's?

        • +6

          @Cwong14u: It comes with indicators.

        • -3

          @Cwong14u:

          HAHAHAHAHA

          hey @ruddiger7 Wong destroyed your life with that one

  • Now I just need to find someone to buy one for me.

  • +2

    "With zero reasons not to, which one will you take home?"

    I wonder how many people actually fall for that garbage.

    • "Summer Sales Festival" - what a load of crap

  • With zero reasons not to, which one will you take home?

    As pointed out above - the dodgy finance agreements are a very good reason not to…

    Entering into a loan with a finance company that has been ordered to compensate previous BMW buyers $77M is certainly risky… the company had not shown itself sufficiently competent to engage in credit activities efficiently, honestly and fairly.

  • -2

    I remember when everyone asked me do I want a BMW and I said yes and then they reply do you want a black man's willy.

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