BMWs get em' while they're "cheap"

I know that my blog is a Tech blog, so why am I blogging about BMWs? Well technically BMW's are a giant piece of tech. Now a days no car would be able to function with out massive amounts of tech such as computers that control temp, safety, navigation etc.

But I'm not going to really talk about that what I wanted to bring to my 5 readers attention is that BMW is going to increase their prices on their cars. Not that they're not expensive enough already but their margins are getting squeezed and they need to make up for this so they're gonna pass it right along to the consumers.

So if you're thinking about getting a BMW now is a great time because they are offering 0.9% APR on almost ALL BMWs (including the M5 and M6 sorry no M3). This is ridiculous because BMW has never offered this low of financing on new cars.

This also is important to know because now this actually makes buying cheaper than leasing. That's right, I said it. However it's not just the low buy rate, it's also residual values shrinking and leasing money factors going up. It's getting more expensive for BMW to lease cars to you and I.

Well anyway if you're interested in getting a new BMW I'd take advantage of the 0.9% (good thru 9/2/08) financing right now. Here's the link:

http://www.bmwusa.com/Standard/Content/FinancialServices/FinancingOffer/Default.aspx

"0.9% APR2008 335i Convertible Offer: 0.9% APR Financing now through 9/2/2008
Qualified customers only. Available at participating BMW centers through BMW Financial Services NA, LLC. Applies only to specific models and only for specific model years. 0.9% APR available through 9/2/2008. Subject to credit approval. See participating BMW center for details and vehicle availability. * Be sure to ask your BMW center about adding an automatic transmission at no cost."

Got questions? Like should I lease or buy? I've built a pretty nice lease vs. buy calculator and I've got a lot of experience with leases and buys. So email me: richmlee@gmail.com