11-06-2020, 08:30 AM | #1145 | |
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EDIT: Interest is better too on purchase (0.9%) if you keep it to 60 months or less. Looks like purchasing will be the better option right now, assuming you can avoid crashing the car and dinging your cars maintenance records. That's always the gamble with purchasing. Last edited by Spicymikey; 11-06-2020 at 08:36 AM.. |
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11-06-2020, 09:54 AM | #1146 | |
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The $3500 and 0.9% are on 2020 models only?
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11-06-2020, 11:00 AM | #1147 |
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Go to: https://www.bmwusa.com/special-offers.html
Depending on your locale, model year, and model, it's either 0.9% or 1.9%, and $3500 or $4500. Both 2020 and 2021 have incentives. |
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11-06-2020, 11:24 AM | #1148 | |
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It's not APR or lease credit but upgraded version of loyalty credit.
For 2021 X5 purchase, $2500 APR credit+$3500 road to home loyalty but X7 only $2500 APR+$1000 loyalty Details attached Quote:
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11-06-2020, 01:22 PM | #1149 |
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Im pretty sure you won't get the APR cash and the road to home cash combined...it is one or the other.
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11-06-2020, 06:22 PM | #1150 |
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quick question...on all these rebates (APR and Loyalty) are they taken off before taxes are calculated or after taxes?
for example...using a $100K price, $3500 total rebate, and tax rate of 8%: Example 1 $100,000 + $8,000 (taxes of 8% on the $100K) -------------- $108,000 - $3500 (rebates) -------------- $104,500 total Example 2 $100,000 - $3500 (rebate) -------------- $96,500 + $7,720 (taxes of 8% on the $96,500) -------------- $104,220 It's not much, but just want to be sure since the BMW offers details say the rebates are applied against the MSPR of the vehicle. |
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11-06-2020, 09:10 PM | #1151 | |
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Depends on the state you live in. In NY the taxes are applied to the full price and the rebates come off after that. |
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11-08-2020, 11:29 PM | #1153 |
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11-12-2020, 08:46 AM | #1155 | |
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For the BMW incentives you'll have to wait till next month when the current months incentives end. I'm in similar boat where my x7 will probably be at the dealership in the next week but will probably hold out till next month for delivery to see if the December incentives are better than November. Plus I still have my last payment on my M550 due on 11/30. So unless the dealer sweetens the deal a bit more makes all the more sense to wait till December to take delivery for me |
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11-15-2020, 07:44 AM | #1156 |
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I was just told that BMW will be offering an extra $1k incentive for purchases between 11/17 and 11/21. Some sort of feed the hungry event.
So if I have a build for 92k (after $945 delivery fee) I should be able to get around 9k from dealer, then MFG incentives in addition to that? I just started the conversation and dealer offered $2447 off, I wasn't impressed so came on here to see what you all thought. Sounds like a good deal would be MSRP 92095 Discount (hopefully) -9209.5 Finance offer -2500 Loyalty -1000 Feed the hungry -1000 $78,385.5 What Add on's do you typically see in the late stage from the dealer? extended warranty, interior protection etc. Any of them worth it? Has anyone tried the costco pricing? Last edited by brennerckk; 11-15-2020 at 07:45 PM.. |
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11-15-2020, 11:18 PM | #1157 |
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Drive to End Hunger - $1000 certificate with rules below. Looks like it can be stacked with the APR and Loyalty. Not sure if you can apply to an X7 you already ordered or even use it on one you want to order. Rules below state not valid on previous orders and must take delivery from dealer stock.
Now, you can say when your vehicle arrives it's in the dealers stock...and if you have a cool dealer they may just let you use it. Doesn't hurt to ask. I think it works like this...you schedule a test drive during the below dates...the dealer registers you and gives you a $1000 certificate to entice you into buying a vehicle sooner than later. Has anyone used this before who can chime in? $1,000 offer valid on eligible vehicles leased or purchased from participating dealers test-driven November 17, 2020 through November 21, 2020 and delivered November 17, 2020 through February 2nd, 2021. Eligible models include All MY2020 and MY2021 BMWs. MINI vehicles and BMW Pre- Owned/CPO vehicles do not qualify. Retired vehicles, BMW company vehicles, Demonstration vehicles and any other vehicle that has accumulated 5,000 or more miles also do not qualify. This offer cannot be used for vehicles previously ordered or delivered before November 17, 2020 and is only valid on delivery of in-stock vehicles. Offer valid to BMW's Drive To End Hunger Test Drive Event participants and their family members residing within the same household. Offer valid on final negotiated lease or purchase price and may be combined with other applicable BMW offers that are available at the time of purchase, except, that it may NOT be combined with other redemption code offers from previous events. It also may not be used toward tax, title, destination and delivery charges. Only one redemption code per vehicle may be used. Only valid at participating dealers. Please see your participating BMW Center for complete program details. |
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11-15-2020, 11:20 PM | #1158 |
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Appreciate all folks here including Tinbad who took the stock when I was sending my offer
Order placed mid-September, delivered to dealership end of October, and deal closed last week. M50 mid-equipped build order $118k, 11% off pre-incentive with mf markup to max (about $2600 margin to dealership). Got dealership plan that covers one set of pad/rotor, one alignment, and windshield protection about $1000 with finance charge included. Planned to take ultimate care+ which supposed to be $600 but been quoted $2700 in the finance office. Unsure if he quoted wrong thing or markup 300%+ All my 5 previous cars had windshield replaced so checked for BMW windshield protection which supposed to be around $250 from my 2018 menu but been told not available. Did BMW discontinue the windshield plan? Anyway, the dealership plan offer the same coverage at my target cost. The deal definitely miles away from LH standard but sounds fair to me. My other options will be 10% off at base rate from brokers but the cost will be close after shipping. The deal can be replicated easily in area with 5+ dealerships |
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11-15-2020, 11:29 PM | #1159 | |
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With Costco pricing, if you go with that, it's that price and no other discounts except for the incentives. I tried doing a Costco price and the discount was around 4%. The dealer said that was the lowest they could go off MSRP. I got a quote from another dealer and they matched...guess what, it was lower than the Costco price. So, just use a broker or try to get your dealer to match a competitors offer...better yet, just buy from another dealer that gives you the right price. From the initial offer that gave you it doesn't sound like your dealer wants to discount very much. As for add-ons, depends on finance dept. I've been to dealers where they try to sell you everything with high markups. I've also been to dealers where I just signed and left...nothing was offered unless I asked for it. Just be glad you're not in the market for a KIA Telluride...I hear those are selling at $10K above MSRP!!! |
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11-16-2020, 12:29 PM | #1160 | |
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my X7 should be delivered to the dealer later this week. but i ordered it from a dealer about 200 miles from where i live. so i am going to do the test drive at my local dealer, about 2 miles from where i live. ill get the code and i am going to try to use it at the dealer where i am buying from. hopefully it works! Last edited by johntchow; 11-16-2020 at 12:49 PM.. |
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11-17-2020, 08:49 AM | #1161 | |
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I was told this is only available in certain markets, and it is an OL code....so if you have already negotiated a good deal you will only get $500 (since $500 is a dealer contribution). |
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11-24-2020, 04:31 PM | #1162 |
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Not sure if anyone will be interested but I have a friend who is a broker who has some xb7 alpina which he is willing to part with for 5% off before incentives. PM me if you want his deets.
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11-29-2020, 11:02 PM | #1163 |
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Going to pick up a 2021 X7 M50i Dark Shadow (sadly lacking DHP and RSE) on Dec. 1st. Am I crazy to think my lease might qualify for any bonuses, rebates or incentives from the dealer? I was quoted 120k with no discounts on my invoice (yet). I’m a veteran, dealer is on the east coast and I paid my deposit in Oct. Not sure what to ask for the dealer to throw in other than weather mats. Any advise or suggestions will be greatly appreciated.
Last edited by NY_BlueBird; 11-29-2020 at 11:47 PM.. Reason: Typo |
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11-30-2020, 11:14 PM | #1164 | |
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12-01-2020, 03:47 AM | #1165 |
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Guess what’s got me still up at 5am... You guessed it, apprehension over this pick up. The dealer isn’t able to work with me at all on the price. Claims that a $1,500 discount was already built into the 122k cost. I asked for 5% off MSRP and hope he has a change of heart once we meet later today. Anyone have better luck with their dealer?
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12-01-2020, 11:52 AM | #1166 |
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Updated with December program -- no changes.
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