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BMW Credit Malaysia offers special rates

BMW 320i

BMW Lease (Malaysia) Sdn Bhd and BMW Credit (Malaysia) Sdn Bhd, formed from the recently acquired Sime Lease and Sime Credit, has come up with a new attractive financing package to celebrate it’s start of operations here in Malaysia.

The package involves a low interest rate of 1.38% for up to 88 months. This offer stands until the end of June 2007. Using this one time offer, someone wanting to buy a new BMW 320i will pay RM2,588 a month, assuming a 10% downpayment of RM23,280. Of course, this promotion is not limited to the 320i only. It is open to all BMW vehicles, however excludes MINI and BMW Motorrad bikes.

More attractive financing packages would definitely give BMW an extra edge over Mercedes Benz here in Malaysia.

12 Comments »

  1. ys said,

    May 31, 2007 @ 4:58 pm

    good deal but unfortunately,… i can’t affort to buy one.

  2. rosdi said,

    May 31, 2007 @ 5:10 pm

    A 320i would cost 230K, a MINI Cooper S is also around 230K.

    Damn!… we are spoilt for choice.

  3. drM said,

    May 31, 2007 @ 5:17 pm

    maybe Paul, u can start probing for ‘unseen’ condition..

    well..after all, there is what we call ‘terms and conditions apply’

    now, whats the catch?

  4. Paul Tan said,

    May 31, 2007 @ 5:24 pm

    no catch

  5. layman said,

    May 31, 2007 @ 6:05 pm

    Time to test drive the new X5, and place order for 320i…..Oh sorry may be 116i.
    Anyway, I believe this is a good offer for those who can afford one.

  6. J said,

    May 31, 2007 @ 7:26 pm

    Now we will see some secretaries drving BMW to work :)

  7. mystvearn said,

    May 31, 2007 @ 8:27 pm

    How about you buy the car on loan, then further in the future you decide to pay all/dump the car. What about that?

  8. transformer said,

    May 31, 2007 @ 8:32 pm

    Clear stocks ?

  9. normaluser said,

    June 1, 2007 @ 8:40 am

    Most average salary secretaries & workers can’t afford to own one lah. At least one must have salary of RM10K per month to own one. Even 7 years is too long compared to other loan terms of other countries.

  10. wookie00 said,

    June 1, 2007 @ 10:59 am

    yeah.. good deal man. 1.38% but yeah… can’t affort it…. YET. ;)

  11. PTAllTheBest said,

    June 3, 2007 @ 9:36 am

    mostly good cars are very expensive.
    althought it is my dream passenger car but i also cannot afford one.
    damn, nowadays moneys are really small.

  12. jackson91 said,

    June 15, 2007 @ 12:38 pm

    hi Paul,
    Have you done a review of the 116? Am tempted to get one.

    Are they CBU/CKD?

    Have you done any reviews of the other 1 series?

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