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Buying a used E60
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<blockquote data-quote="shah_15" data-source="post: 739102" data-attributes="member: 48145"><p>Hi guys. I am looking for a used BMW E60 model. Found several units on the net and the price seems reasonable averaging around 65-75k. The things is this is my first BMW and I tried to gather some knowledge about it before buying it. Anything you guys maybe want to add?</p><p></p><p>and about the loan, I have called several bank and the max tenure they offered is 7 years. the things is <span style="font-family: 'Verdana'">if nett income is around 2.5k, gross is 8k, what is chance for bank to approve my loan? monthly payment will be around 900-1k. Just want to know your opinion. </span></p><p></p><p><span style="font-family: 'Verdana'">this would be my second car. good ccris record just that i think i maybe a bit more on high commitment side. </span></p><p></p><p><span style="font-family: 'Verdana'">1st car going to be paid by my sister cz she will be using it but i dont think bank will take into consideration of such things. so i will only pay for this used car and can i supply the bank with my saving statement account to improve the chance of getting approve? cz my saving is almost 60k.</span></p><p></p><p><span style="font-family: 'Verdana'">sorry a bit blur now since my first car was like 5-6 years back and i forgot the process.</span></p></blockquote><p></p>
[QUOTE="shah_15, post: 739102, member: 48145"] Hi guys. I am looking for a used BMW E60 model. Found several units on the net and the price seems reasonable averaging around 65-75k. The things is this is my first BMW and I tried to gather some knowledge about it before buying it. Anything you guys maybe want to add? and about the loan, I have called several bank and the max tenure they offered is 7 years. the things is [FONT=Verdana]if nett income is around 2.5k, gross is 8k, what is chance for bank to approve my loan? monthly payment will be around 900-1k. Just want to know your opinion. [/FONT] [FONT=Verdana]this would be my second car. good ccris record just that i think i maybe a bit more on high commitment side. [/FONT] [FONT=Verdana]1st car going to be paid by my sister cz she will be using it but i dont think bank will take into consideration of such things. so i will only pay for this used car and can i supply the bank with my saving statement account to improve the chance of getting approve? cz my saving is almost 60k.[/FONT] [FONT=Verdana]sorry a bit blur now since my first car was like 5-6 years back and i forgot the process.[/FONT] [/QUOTE]
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