Americas Santander Financing

[CDub]

Hey Guys, I placed my order back in Feb and although i was originally told it wouldn't be ready until November/December, I received word that it made it to port a couple weeks back and should be at the dealership later this month. Anyway, I started asking about Financing and they said that Santander was running a special of 2.9% for "tier one" credit, which i should have. Has anyone else used them for Financing or familiar with their process/requirements?

Also, dumb question BUT here goes...........I live approximately 6 hours away from the closest dealership. For those in a similar situation, how did you go about choosing who to handle IG oil changes? Am I better off just finding someone that works on and is knowledgeable with BMW engines? Thanks for any input.............cheers.

 

[C64_forever]

Hi CDub, congrats on your decision. 2.9% indeed seems like a great rate. When I got mine I got quoted 6% by BofA, which was already very good at the time (March).
As for oil changes, I am in a similar situation to you. I am in the Bay Area and my dealer is in Pasadena. I am planning overnight trips to Pasadena for the first oil change or two. I also have a reliable BMW mechanic that can help with oil changes locally going forward. So my answer, I guess, is both approaches. If I had to choose one or if driving six hours is impractical, definitely local BMW would be my choice.
What color did you choose?

 

[chtucker]

Is 2.9 still available in August? The ads said it was a July 31st end date?

 

[CDub]

C64, I appreciate the info.......that makes sense. I went with the Sterling Silver and absolutely can't wait to pick her up.

As for the rate, that's what I was told this past Thursday (8-8) from Sewell in Plano.

 

[Phred]

Yes, I took advantage of the 2.9% from Santander.

Just got my account set up and made first payment via bank transfer.

Easy peasy lemon squeezie.

Process was filling out a very short credit app with the dealer, heard back in one day.

 

[CDub]

good deal, I submitted late Friday afternoon so hopefully will hear something tomorrow or Tuesday. Appreciate the info....

 

[chtucker]

Hopefully your dealer has clear information from Santander/Ineos

 

[chtucker]

Hopefully your dealer has clear information from Santander/Ineos

I am seeing it extended to August 31st on Ineos of Portlands website

 

[Nadir5]

Hopefully your dealer has clear information from Santander/Ineos

There is a possibility they'll choose to extend the low financing if it's helping drive sales.

 

[chtucker]

There is a possibility they'll choose to extend the low financing if it's helping drive sales.

For sure, its what made us jump on it,
We would have waited till fall otherwise

 

[Nadir5]

For sure, its what made us jump on it,
We would have waited till fall otherwise

I would have jumped on it, too, but you have to take delivery to do so and unfortunately my truck isn't here yet.

 

[MurphyMurph]

I took delivery in early July to take advantage of the 2.9% offer. Similarly, my truck wasn’t expected for another month or 2 but was happy to bump up my timeline. The financing process was very easy and had no issues. My first payment will be due later this month and I have auto pay set up through their website.

Some friends of ours were so excited about ours and trusted my research and getting that they ended up buying one on 7/31 to get the 2.9%. I don’t think I’ll tell them it was extended, lol.

 

[CDub]

It makes it a no brainer.....I was a little on the fence if I was looking at 9% but this totally pushed me to move forward. Thanks for all the replies.

 

[C64_forever]

It makes it a no brainer.....I was a little on the fence if I was looking at 9% but this totally pushed me to move forward. Thanks for all the replies.

No kidding... at 2.9% I am trying to come up with an excuse to buy another one.

 

[Defender77]

This just in, you lucky dog!

My guess is the $5000 voucher doesn't work on your pre-ordered truck.
But, for those buying off the lot, what a wonderful time to be alive!!