[BigEvan1923]

Originally Posted by mitso22

If it makes you feel better, here in NY and NJ, everyone is charging either MSRP, or 5-20k over MSRP.

I got two quotes today, one was at MSRP for the m50i and the other one was 20k over. Their reasoning is, the shortage. They won't even honor the penfed. Only loyalty.

I rather wait then give into them.

This is a crazy situation - less than 3 months ago I landed an M50i in NY for about 9 percent off msrp…if it’s not dire, definitely wait.

[BigMo]

The penfed rebate only applies to 2020-2021 cars. When your on Penfed's True Car website to get the rebate code if you change the model year to 2022 then link for the rebate goes away. The only reason I found this is out is because my dealership tried to apply the rebate and they were unable to since my order is for a 22.

[M2COMP]

Originally Posted by BigMo

The penfed rebate only applies to 2020-2021 cars. When your on Penfed's True Car website to get the rebate code if you change the model year to 2022 then link for the rebate goes away. The only reason I found this is out is because my dealership tried to apply the rebate and they were unable to since my order is for a 22.

My dealer applied PenFed for MY 22.

[Phasers]

Originally Posted by BigMo

The penfed rebate only applies to 2020-2021 cars. When your on Penfed's True Car website to get the rebate code if you change the model year to 2022 then link for the rebate goes away. The only reason I found this is out is because my dealership tried to apply the rebate and they were unable to since my order is for a 22.

This is wrong. It works for '22 models as of July 20th-ish of this year. I personally used it end of August at my dealer on a '22.

[BigMo]

Originally Posted by Phasers

This is wrong. It works for '22 models as of July 20th-ish of this year. I personally used it end of August at my dealer on a '22.

Thanks for this. My SA is good friend so I know he's not BSing me. I'll look more into this.

[Phasers]

Originally Posted by BigMo

Thanks for this. My SA is good friend so I know he's not BSing me. I'll look more into this.

It even shows online here, though the start date was recently changed from July 20th to Sept 22nd: https://www.bmwmonterey.com/global-i...d3c53d5cba.htm

[superpanjy]

Originally Posted by mitso22

If it makes you feel better, here in NY and NJ, everyone is charging either MSRP, or 5-20k over MSRP.

I got two quotes today, one was at MSRP for the m50i and the other one was 20k over. Their reasoning is, the shortage. They won't even honor the penfed. Only loyalty.

I rather wait then give into them.

Try use Costco auto purchase program. I got 5% off msrp on a 2022 M50i.

[BigMo]

Originally Posted by Phasers

It even shows online here, though the start date was recently changed from July 20th to Sept 22nd: https://www.bmwmonterey.com/global-i...d3c53d5cba.htm

I'm going in today to finalize my order. I'll show this to them. They were going to make it up to me anyways (I'm only getting the $500) but this will definitely help.

[waqiidepp]

Originally Posted by Phasers

It even shows online here, though the start date was recently changed from July 20th to Sept 22nd: https://www.bmwmonterey.com/global-i...d3c53d5cba.htm

Thanks for the confirmation guys. I signed up for PenFed last month so that my 60 days will be up end of October. Expecting delivery (fingers crossed) by end of November. I should be able to get the code in time then. I just need to take that to the dealership at time of delivery, is that correct ?

[Phasers]

Originally Posted by waqiidepp

Thanks for the confirmation guys. I signed up for PenFed last month so that my 60 days will be up end of October. Expecting delivery (fingers crossed) by end of November. I should be able to get the code in time then. I just need to take that to the dealership at time of delivery, is that correct ?

I personally would tell them before you show up just to save the time of having everything redone in finance.

You need to generate a code on day 61+. Link here: https://penfed.truecar.com/oem/landing/bmw/

You can get one code per year. Once you generate it, every time you visit the above URL it will show your code. It will also be in the email sent to you. You just need to print the form the take it to the dealer.

To generate the code at the above link click where it says "sign in to get your offer code" at the top

[waqiidepp]

Originally Posted by Phasers

I personally would tell them before you show up just to save the time of having everything redone in finance.

You need to generate a code on day 61+. Link here: https://penfed.truecar.com/oem/landing/bmw/

You can get one code per year. Once you generate it, every time you visit the above URL it will show your code. It will also be in the email sent to you. You just need to print the form the take it to the dealer.

To generate the code at the above link click where it says "sign in to get your offer code" at the top

Thanks. Yeah they have included the rebate in my final pricing sheet. I have put the deposit down as well. He is waiting on November allocations and I will get one.

[mitso22]

Originally Posted by superpanjy

Try use Costco auto purchase program. I got 5% off msrp on a 2022 M50i.

haha are you located in NY. i went to 6 dealers in the area and 2 on the phone. Everytime I mention the authorization code for Costco, they said the x7 doesn't qualify. Then I asked, OK let me see the price for an x5. Doesnt qualify. X3? Nope...well to be honest, it doesn't qualify because of the shortage and there is a high demand and we are selling at MSRP or over. FML!

also spoke to costco about this, and they said unfortunately there is nothing they can do in these times.

[superpanjy]

Originally Posted by mitso22

haha are you located in NY. i went to 6 dealers in the area and 2 on the phone. Everytime I mention the authorization code for Costco, they said the x7 doesn't qualify. Then I asked, OK let me see the price for an x5. Doesnt qualify. X3? Nope...well to be honest, it doesn't qualify because of the shortage and there is a high demand and we are selling at MSRP or over. FML!

also spoke to costco about this, and they said unfortunately there is nothing they can do in these times.

I'm in CA.
Yes, shortage is the most effective card they play to offer you no discount or above msrp.
I called many dealers, including my bmw dealer friend in NC, no luck at all, except one dealer at local offer discount.

On the Costco program sheet, M50i was excluded, so I started with x40i, then made change to M50i, they offered same discount.

[pana511]

Went to 3 dealers on LI and not one had an allocation for production left. They basically want me to put a down payment on a car that does not exist, nor is slated for production. Does this seem right? Am I taking a chance that more features get removed like Harmon Kardon systems went away?

[liroyan]

Asked a few dealers near me(NJ NY) and none of them respects the penfed promotion. I've been talking with a dealer and he couldn't get an allocation for past 3 weeks already.

[superpanjy]

Originally Posted by pana511

Went to 3 dealers on LI and not one had an allocation for production left. They basically want me to put a down payment on a car that does not exist, nor is slated for production. Does this seem right? Am I taking a chance that more features get removed like Harmon Kardon systems went away?

If I understanding correctly, Harmon Kardon is default in M50i.
X40i just has standard sound system

[pana511]

Originally Posted by superpanjy

If I understanding correctly, Harmon Kardon is default in M50i.
X40i just has standard sound system

That is what I'm seeing on BMW USA, but one dealer tried to tell me that at build in their system they are able to build with HK sound. But a car for 80k plus with generic sound is BS....Test Drove a MY22 X7 with "HiFi" sound it was not impressive!!!

[Angelo_GraysonMiniBMW]

Originally Posted by pana511

That is what I'm seeing on BMW USA, but one dealer tried to tell me that at build in their system they are able to build with HK sound. But a car for 80k plus with generic sound is BS....Test Drove a MY22 X7 with "HiFi" sound it was not impressive!!!

It only sounds decently good when using Spotify

[640ibimmerguy]

Looks like the deal through Penfed is not applicable if you finance through BMW. Thats the fine print on Penfeds website, anyone else been abloe to use BMW FS 1.9% plus the penfed offer?

[Phasers]

Originally Posted by 640ibimmerguy

Looks like the deal through Penfed is not applicable if you finance through BMW. Thats the fine print on Penfeds website, anyone else been abloe to use BMW FS 1.9% plus the penfed offer?

It's very clearly stated that this is not possible, as the PenFed incentive goes from $3250 to $500 if you finance through BMWFS.

Then again, PenFed has 0.99% (if using their auto buying service) and 1.99% (if refinancing a new car) for 60 months so it's not like you're losing out. Also many credit unions have rates around 2%.

[BritInSF]

Hi All,

Any thoughts on this 36 month, 10k miles per year lease deal for a fully loaded 2022 X7 M50i?

I can't shift them on the money factor and want the Xpel and lease protection.

MSRP: $116,625
Selling price: $114,500
+full Xpel: $2,400
+lease return protection with Zurich: $1,599 (Not sure if BMW has a lease protection offering?)
Adjusted cap cost: $119, 362

Money factor: 0.00133
Residual: 53%, $61,811
Amount due at start: $3,279

Monthly payment incl. taxes: $1,998 per month

[Angelo_GraysonMiniBMW]

Originally Posted by BritInSF

Hi All,

Any thoughts on this 36 month, 10k miles per year lease deal for a fully loaded 2022 X7 M50i?

I can't shift them on the money factor and want the Xpel and lease protection.

MSRP: $116,625
Selling price: $114,500
+full Xpel: $2,400
+lease return protection with Zurich: $1,599 (Not sure if BMW has a lease protection offering?)
Adjusted cap cost: $119, 362

Money factor: 0.00133
Residual: 53%, $61,811
Amount due at start: $3,279

Monthly payment incl. taxes: $1,998 per month

Why would you xpel if you’re leasing? What is lease protection? If I’m leasing, I wouldn’t even hand wash it.