R55 :: Clubman Talk (2008+) Discussions revolving around the extended wheelbase Clubman (R55) model.

R55 Financing

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  #51  
Old 04-07-2008, 06:17 PM
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Penfed has some of the lowest rates available 4.25% for up to 72 months https://www.penfed.org/promo/2008Offers/index.asp

Anyone can easily join by becoming a member of the National Military Family Association (NMFA) for a small fee:
https://www.penfed.org/howToJoin/overview.asp
 
  #52  
Old 04-07-2008, 07:16 PM
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Originally Posted by RJKimbell
I've just applied for financing on our '08 MC OB/W due to arrive April 11th at the Dealer. I've checked out other threads that mentioned Pentagon Federal Credit Union they have a 4.99% rate for 72mo. add GAP Insurance for $299, I think that is an excellent rate our Credit Union was going to charge us 5.88% on the same loan.
I wouldn't ever do a Lease (any Lease) I've had to CALM my Husband after he made the mistake of Leasing a Honda before we met.
If anyone is interested you can check out the other threads regarding them or check out www.penfed.org
Scratch this...We are going with our Credit Union after all, Lower Monthly Payment and convenient. 5.48% 84 Mo. CUDL Program (Credit Union Direct Lending). Still looking at taking Delivery on Friday, April 18th!!!
 
  #53  
Old 04-07-2008, 07:20 PM
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Originally Posted by RJKimbell
84 Mo.
Yikes...

just a piece of advice... I hope you're getting GAP insurance if you're planning to finance for 7 years, as you're going to be upside down in that loan for a long time unless you are putting a considerable down payment.
 
  #54  
Old 04-07-2008, 07:39 PM
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Sarafil...not to be whatever, but I think I know what I'm doing. I just paid off my '01 Durango in 2.5yrs. on a 5 year loan. Molly will be paid off in 4 tops. I had a set $$ amount I was going to spend on Molly and I only went $3,000 over that. Got all options I wanted and just waiting on delivery.
 
  #55  
Old 04-08-2008, 08:32 AM
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Thanks folks. I'll look into PenFed, and also into my own credit union, which gives me a 3/4% interest rate discount if I make auto payments out of my credit union savings/checking account, which is something I would be doing anyway.
 
  #56  
Old 04-14-2008, 12:42 PM
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Looks like they are pushing the Clubman again this month. This time its only for 10k miles/yr.
 
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