3.6% pa Interest Rate from Auto Bavaria

3.6% pa Interest Rate from Auto Bavaria

by -

[Some information in this article was corrected on April 11th after we were informed by Auto Bavaria that they had incorrectly quoted the price of the 525i]

Earlier this year, Malaysian Automotive Association President Aishah Ahmad observed that this is ‘the best time to buy a new car’ because of the attractive financing schemes being offered. And one of the companies which has been very active in offering such schemes is Auto Bavaria.

Not so long ago, the BMW distributor offered a very attractive financing package for the 3-Series which boosted sales of the entry-level BMW. Today, the company announces yet another money-saving package for customers, this time applicable to the 5-Series.

An interest rate of 3.6% p.a. is the feature of the new package which is being offered in collaboration with Sime Credit Sdn Bhd. It is applicable to all locally-assembled BMW 5-Series models currently available from Auto Bavaria, ie the 2.2-litre 520i, the 2.5-litre 525i and the 3.0-litre 530i. Retail prices for thise models (excluding insurance) are RM285,327.37, RM327,328.90 and RM377,598.15, respectively.

According to Auto Bavaria General Manager of Sales and Marketing, Tunku Badlishah bin Tunku Annuar, the low interest rate makes the BMW 5-Series an attractive proposition to both corporations and individuals.

“We already have an on-going incentive plan for the corporate market, called the ‘5-Star Corporate Plan’ which includes benefits such as multi-purchase discounts, complimentary service packages, special BMW Driver Training and a free Compaq PDA”, he said.

“With the introduction of this new 3.6% rate for the 5-Series, we believe that the executive saloon would be even more appealing to companies looking at rewarding their senior executives with nothing less than the best executive saloon in the world,” said Tunku Badlishah.


1 COMMENT

Leave a Reply