[kscarrol]

The discount to MSRP is going to vary by region, how many dealers are competing for business etc. 7% is not bad by any means though you will see others say 10%, maybe more. You are kind of locked in, as is the dealer. You want the car, and the dealer doesn't want to lose the sale and have the car on their lot to sell. Kind of a game of chicken.

As for the 1.9%, what does "no credit" mean? The BMW website for my zip code says the same 1.9% but it does say it is available from participating dealers with excellent credit. If they have run a credit report and are offering a higher rate you might want to review your credit report. The website shows $1,000 APR credit for financing and $750 credit for leasing... at least for my zip code.

If you are a member of USAA or PenFed you can get additional incentives from them. Also do the test drive which I posted about. My dealer is letting me do it for another $1,000 of MSRP.

[sbt007]

Originally Posted by X3-30E

My zip code, 1.9% no credit. My dealer is trying to get me sign up for even higher rate. I told them no way, Jose. Any bank in the area offer better than what they want. We will wait until the car is here then settle this. They have to stay with BMW's rate or batter, else I will get a loan elsewhere and pay them cash.

There is not much rebate and incentive either as of now. I was able to get 7% off MSRP before incentive and rebate verbally os of today. Can I knock off more? Anyone has getting a better deal on this and how?

Yes, in CA and some of the other west coast zip codes, I'm not seeing any finance or lease credits. Only the 750 loyalty. East coast and other parts of the country seems to have $1000 or $1750 total or maybe more for some models. Try for 9% off MSRP when the vehicle arrives. If vehicle arrives towards the end of month, you could schedule signing in October and hope an extra incentive from BMW shows up. That test drive thing is also regional I think.

[X3-30E]

Originally Posted by kscarrol

The discount to MSRP is going to vary by region, how many dealers are competing for business etc. 7% is not bad by any means though you will see others say 10%, maybe more. You are kind of locked in, as is the dealer. You want the car, and the dealer doesn't want to lose the sale and have the car on their lot to sell. Kind of a game of chicken.

As for the 1.9%, what does "no credit" mean? The BMW website for my zip code says the same 1.9% but it does say it is available from participating dealers with excellent credit. If they have run a credit report and are offering a higher rate you might want to review your credit report. The website shows $1,000 APR credit for financing and $750 credit for leasing... at least for my zip code.

If you are a member of USAA or PenFed you can get additional incentives from them. Also do the test drive which I posted about. My dealer is letting me do it for another $1,000 of MSRP.

For 2021 model my zip code is 1.9% financing, no credit. For 2020 model is 0.9% $3k credit. I do not do lease

[kscarrol]

Ah, so you mean no credit incentive. Should have figured that out...

[Skotcoop]

Whats the best way to get the best deal with discounts and incentives? I've never leased before and I'd really like to get a well equipped M40i. I've been searching for a few weeks now and definitely feel like leasing is a better option for me. Wondering if its possible to get a payment in the $500's. Otherwise I will likely go with a 2017(f25) model instead. I've seen some of the numbers in this thread and wonder how they got such good deals.

[trife.]

Originally Posted by Skotcoop

Whats the best way to get the best deal with discounts and incentives? I've never leased before and I'd really like to get a well equipped M40i. I've been searching for a few weeks now and definitely feel like leasing is a better option for me. Wondering if its possible to get a payment in the $500's. Otherwise I will likely go with a 2017(f25) model instead. I've seen some of the numbers in this thread and wonder how they got such good deals.

It's doable with the right combo of dealer discount, incentives (lease cash, loyalty, Penfed/USAA code) AND maxed out MSDs (multiple security deposits). Also the mileage you need would play a part too, as that affects the residual value.

You'll likely get a bigger discount on a custom build as opposed to buying one off the lot. 2020s are getting harder to find, so leasing a 2021 will probably be your best option. I suggest browsing the Leasehackr forums marketplace and using a broker—most are offering at least 10% off a custom build.

[Bimmerforlife]

If any of you work for a company that offers the BMW Corporate Sales Program, the current credit is $1000.00 for a 2020 X3 and $750.00 for a 2021 X3. The language on the Certificate that prints plainly says, this incentive is in addition to current sales offers EXCEPT loyalty & conquest.

So if your a BMW loyal customer you cannot double dip. Basically the Corporate Sales Certificate really only benefits new customers that don't have any loyalty to BMW thus far.

What I am trying to find out is this:
If you finance currently it says for my zip code credit of $1,000.00 and 1.9% financing but can I add another $1,000.00 credit for the test drive email I just got from Sept 8th-12th that certificate is valid on vehicles delivered and retailed from 9/8/2020 thru 11/2/2020.

So can I get a credit of $2000.00? Still that amount is pennies especially for a BMW loyal customer like myself since 1999. This will be my 3rd BMW and I always feel like I have to go in begging for incentives.

[Alias1431]

Originally Posted by Skotcoop

Otherwise I will likely go with a 2017(f25) model instead.

Think long and hard about that. I highly recommend you opt for a G01.

[Razel]

Originally Posted by Alias1431

Think long and hard about that. I highly recommend you opt for a G01.

+1

[sbt007]

Originally Posted by Alias1431

Think long and hard about that. I highly recommend you opt for a G01.

Originally Posted by Razel

+1

++1

If you are not picky about options, look into a 2020.

[sbt007]

Originally Posted by Bimmerforlife

If any of you work for a company that offers the BMW Corporate Sales Program, the current credit is $1000.00 for a 2020 X3 and $750.00 for a 2021 X3. The language on the Certificate that prints plainly says, this incentive is in addition to current sales offers EXCEPT loyalty & conquest.

So if your a BMW loyal customer you cannot double dip. Basically the Corporate Sales Certificate really only benefits new customers that don't have any loyalty to BMW thus far.

What I am trying to find out is this:
If you finance currently it says for my zip code credit of $1,000.00 and 1.9% financing but can I add another $1,000.00 credit for the test drive email I just got from Sept 8th-12th that certificate is valid on vehicles delivered and retailed from 9/8/2020 thru 11/2/2020.

So can I get a credit of $2000.00? Still that amount is pennies especially for a BMW loyal customer like myself since 1999. This will be my 3rd BMW and I always feel like I have to go in begging for incentives.

Yeah, I noticed that too, the corporate sales cert does not really help for those of us who have loyalty.

There is zero incentive rebate in CA this month other than the $750 loyalty.
However, I noticed that they just started a "Unplug to Unleash" event with $1000 rebate Sept 17 to Sept 27 in CA as well. West coast dealers must have complained about getting a raw deal. It does not even mention taking a test drive. As long a sale is made in that period, vehicle can be picked up by Nov 30. Both MY20 and MY21 qualify.

[Skotcoop]

Originally Posted by Alias1431

Think long and hard about that. I highly recommend you opt for a G01.

Good advice. And I have been because the G01 is certainly more appealing on virtually every front. Did you get your 2019 here in Washington?

[Alias1431]

Originally Posted by Skotcoop

Good advice. And I have been because the G01 is certainly more appealing on virtually every front. Did you get your 2019 here in Washington?

I did. Got a good deal from the dealer a couple miles away from me. Seattle area dealers were all lazy, expensive, and indifferent. Too many years suckling at the teat of Microsoft, Amazon, and the like.

[TX3M]

Originally Posted by Alias1431

I did. Got a good deal from the dealer a couple miles away from me. Seattle area dealers were all lazy, expensive, and indifferent. Too many years suckling at the teat of Microsoft, Amazon, and the like.

[dmicah]

Originally Posted by Skotcoop

I've seen some of the numbers in this thread and wonder how they got such good deals.

Are you in Everett, WA? PNW deals...suck in my experience.

[Skotcoop]

Originally Posted by dmicah

Are you in Everett, WA? PNW deals...suck in my experience.

Marysville but yeah close enough. Thats why I've been in touch with my brother who works at BMW Beverly Hills. They're part of the Sonic automotive group and have been looking at their cars for sale. But I would need to have anything I bought shipped here to WA. Which is gonna be no less than $1000.

[StellersJay]

Hi - First timer here and first really appreciate the info in this forum! Closing in on my first BMW, a X3 m40i but in no hurry to buy. Am seeing some good incentives ($4k financing, $1k unplug to unleash, $1k corporate) Question - historically do incentives look like this late in the model year? Like, if i waited a year could i expect something similar with even more inventory? Many thanks in advance!

[MattEvan]

Just adding a data point here.

On a 2021 X3 M40i I was able to achieve an 11.5% pre-incentive discount this month. NYC area.

[sbt007]

Originally Posted by Schmeiny

Hi - First timer here and first really appreciate the info in this forum! Closing in on my first BMW, a X3 m40i but in no hurry to buy. Am seeing some good incentives ($4k financing, $1k unplug to unleash, $1k corporate) Question - historically do incentives look like this late in the model year? Like, if i waited a year could i expect something similar with even more inventory? Many thanks in advance!

As you probably know, these incentives are on 2020 models, and there may not be enough of them left. I have seen good discounts on the 2020 for the last few months. Same thing might continue on 2021 models after a few months. MY22 will be a mid cycle refresh, which could increase discounts on MY21 next year. If you are in no rush, you could custom order a MY21 after a few months. Maybe slightly less discount but save on options you don't need and get what you want.

[sbt007]

Originally Posted by MattEvan

Just adding a data point here.

On a 2021 X3 M40i I was able to achieve an 11.5% pre-incentive discount this month. NYC area.

That is a good discount for 2021.

[StellersJay]

Originally Posted by sbt007

As you probably know, these incentives are on 2020 models, and there may not be enough of them left. I have seen good discounts on the 2020 for the last few months. Same thing might continue on 2021 models after a few months. MY22 will be a mid cycle refresh, which could increase discounts on MY21 next year. If you are in no rush, you could custom order a MY21 after a few months. Maybe slightly less discount but save on options you don't need and get what you want.

That’s super helpful, thanks. Likely going this route.

[JayM40i]

Originally Posted by MattEvan

Just adding a data point here.

On a 2021 X3 M40i I was able to achieve an 11.5% pre-incentive discount this month. NYC area.

Which dealer?