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The total borrowing is the same in both cases, and interest is payable on the entire amount (including the balloon payment on the PCP). At the commencement of the agreement, the balloon payment is planned to be less than the value of the vehicle at the end of the term, creating equity that may be used as a deposit on another vehicle purchase ...
The P60B40 was the powertrain for the BMW E46 M3 GTR from 2001 to 2005. The BMW M3 GTR competed in the GT Class of the American Le Mans Series in 2001. There was opposition to the car being allowed to race, rivals stated that the car was a prototype as a road going version was not available to buy.
The BMW Z1 is the first model in BMW's line of Z series roadsters (two-seater convertibles), and was produced in limited numbers from 1989 to 1991. The Z1 is unique for its plastic body panels and vertically sliding doors which drop into the door sills.
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In November 2010, California voters rejected Proposition 19 (by a vote of 53.5% to 46.5%), an initiative that would have legalized the use, possession, and cultivation of cannabis for adults age 21 and over, and regulated its sale similar to alcohol. [103]
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