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      02-03-2016, 12:30 AM   #1
mmmmQuattro
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Drives: f83 / E93 335 / E70 X5 40d
Join Date: Sep 2007
Location: Adelaide, South Australia

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BMW Finance Australia fined for bad business practices

This reminds me of the NIJA loans...

http://www.msn.com/en-au/money/marke...ine/ar-BBp0lWC

What's interesting is that I got a quote recently from BMW Finance for a non-BMW vehicle and the quote was 6.99%, which was a bit high. I then checked the calculated repayments on my spreadsheet and the actual rate was nearly 9%.
How do they get away with that?