Finance On V35/36

[Fantomsss]

Hi V-Series owners,

I'm selling my v36 at the moment and found that people having problem to get finance on the car via companies like BMW Finance.

What finance companies are import friendly and particularly V-Series "aware"?

Please share your insights

[CRISP 35]

Lot of companies dont finance imports dats the problem. RAC finance does but they only finance 80% of the cost. The remaining 20% can b paid in cash or taken out in the form of a personal loan. Sum oda companies and banks finance imports but not sure which ones. Anyways hope that helps

Otherwise personal loans are the other option.

[TUFF_350]

Chateau etc which do BMW and the like,

will give you finance but only from reputable dealerships. No private sales what so ever, also Australian Central will if you go in for an appointment with a consultant as opposed to cold calling and asking for a loan.

[MadMike]

Go through a credit union.

They offer lower rates than the big financiers and more flexible loan options.

eg I've had two car loans (including my current v36) through LCU because of their low setup fee, low interest rate, and no penalty for paying out the loan early.

[MOV35GT]

I got a quote from these guys in 2008 for a commercial hire purchase agreement on a V35, they were willing to finance the lot-no deposit. Didn't go ahead with it after I ended up buying a non import with cheaper finance.

http://www.stopwatchfinance.com.au/alliance.html

[Fantomsss]

Thanks for the info so far, I'll get buyer to try lcu.com.au