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Message: <blockquote data-quote="ALBundy" data-source="post: 291091" data-attributes="member: 15">Well bro, you are right about the idea on the air bag financing. It makes owning a BMW so much easier, and for same amount that you will be paying monthly for the CAMCords, you could be driving a BMW. More importantly, this package offers you plenty of flexibility as to compared to the traditional package of financing of which you pay a 10% downpayment and pay pay pay everything else within your loan tenure amount.  I had the opportunity to listen to one of the BMW Financial Services Manager enlightening me on this subject some time ago, needless to say when I first read this on the papers (I think came out a couple of years ago), I was just as sceptical over the whole scheme. But upon listening to him, the whole thing is simply fabulous and now in most parts of the world, air bag financing is more popular than the traditional scheme. Among some of the benefits of this scheme is, 1) You pay lesser monthly installment, which enables you to own a BMW. From surveys, it also shows that by the time the buyer owns the car for 4-5 years, the buyer would more well off (higher salary or better revenue from their businesses), and hence the purchasing power is there to upgrade.  2) Works well with those that likes to upgrade cars every 4-5 years, and apparently from their records, many rich men have also taken this option. ( Why pay more now!! <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile    :)" loading="lazy" data-shortname=":)" /> ) This is one point which I think is the strongest selling point of this scheme!! 3) For the final installment, it is set at below market value so that the owner can.... 1) dispose the car at a higher market value and settle the last installment (and buy a new BMW again!)  OR 2) reschedule the final installment over the next 2 years (or as negotiated with the financier) at prevailing market interest rate then. The person can then own the BMW!! I just thought the whole scheme is fabulous and why people will still opt for traditional straight line financing. Of course only BMW offers this package <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile    :)" loading="lazy" data-shortname=":)" /> Cheers!:top: p/s would be good to know how many in this forum used the air bag financing</blockquote>

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