[60sTrackStar]

Anyone know if this is stackable with USA Olympic drive event and college grad incentive? My car was ordered around 9/15 and will arrive at my dealer sometime next week (hopefully). Obviously this incentive wasn't available at the time of order but I would love to find out if I am eligible for further discount

[mark.L]

Thanks for posting the info about holiday credit, hopefully I get my car before Jan 2nd and be able to save some moolah.

[roadcarver]

Originally Posted by mark.L

Thanks for posting the info about holiday credit, hopefully I get my car before Jan 2nd and be able to save some moolah.

If I am not mistaken, we do not have to take delivery of the car by that time. We only have to order by that time. I believe we can lock in on any financing incentives when we order the car for up to 60 days at least and this is a financing incentive. I will call my CA to confirm this. Someone correct me if I am wrong but this is how I understood it the last time I ordered a car from BMW

[mark.L]

Originally Posted by roadcarver

If I am not mistaken, we do not have to take delivery of the car by that time. We only have to order by that time. I believe we can lock in on any financing incentives when we order the car for up to 60 days at least and this is a financing incentive. I will call my CA to confirm this. Someone correct me if I am wrong but this is how I understood it the last time I ordered a car from BMW

I ordered 10/18, so the only way I could take advantage of that credit is to take delivery before the end period which is Jan 2nd.

[PeterM]

So seeing on the holiday credit is says it applys to the MSRP right. It would make my payment higher is i did that on a lease, or does this apply on the cap cost?

[chrisny]

Yes you can combine both, per my CA. Pretty awesome. Lower money factor too but not sure by how much.

Waiting to see the net impact on my payment when their computers come back up tomorrow (supposedly).

[chrisny]

Originally Posted by PeterM

So seeing on the holiday credit is says it applys to the MSRP right. It would make my payment higher is i did that on a lease, or does this apply on the cap cost?

Applies to lease or purchase. It's like putting $1000 down, but from their pocket not yours.. Extra discount.

[chrisny]

Anyone know if the residual on a 335 is still 62%?

[EnerJi]

Originally Posted by chrisny

Applies to lease or purchase. It's like putting $1000 down, but from their pocket not yours.. Extra discount.

Straight up (cash) purchase or just finance?

[justinnum1]

figures, just picke my car up saturday.

[zibawal]

Originally Posted by dzaborn

Could someone who has leased using credits/discounts, explain to me how they were applied?

I am eligible for the 1K USAA credit. My dealer applied it as a Cap Cost Reduction meaning I have to pay sales tax on the 1K. Does it vary by dealer or state as to how these type credits are applied to the lease?

I am wondering if the 1K Holiday Credit will be applied in the same manner, meaning I'll also owe sales tax on that 1K?

I was pre approved and my dealer is denying to keep USAA for 1st week of nov pick up;(

[chrisny]

Originally Posted by zibawal

I was pre approved and my dealer is denying to keep USAA for 1st week of nov pick up;(

That one has to be used by expiration date, meaning delivery by expiration date. That expired 10/31, I believe. January I think if you got an x-drive. which sucks because I was never called when I was supposed to for the event, and I ended up ordering an x-drive.....

[chrisny]

Originally Posted by justinnum1

figures, just picke my car up saturday.

man that sucks. did your CA at least hint that it could be good to wait a few days for the new programs? you were already locked into the October program so it could only get better.

[chrisny]

Originally Posted by EnerJi

Straight up (cash) purchase or just finance?

I believe it applies either way. Reduces the purchase price of the car just as if you put the cash out of your own pocket but read the fine print. Sometimes these things are only if you're financing. BUT, you can always finance, get the credit, then pay it off. You have to pay attention to the penalties, sometimes you have to finance and can't pay off for a certain amount of time (ex. 6 months), but I don't think BMW does that. From what I've heard, you can pay it off the next day and they don't care.

EDIT: reading the offer it does say financing offer so you would probably have to finance at least a portion of the purchase to get the credit, then pay off afterwards.

[justinnum1]

Originally Posted by chrisny

man that sucks. did your CA at least hint that it could be good to wait a few days for the new programs? you were already locked into the October program so it could only get better.

nope. my ca probably had no clue. would never use the guy again

[mjc919]

ah wow, best news ive heard in a while.. hopefully my CA won't give me a hard time about it.

[zibawal]

Originally Posted by justinnum1

nope. my ca probably had no clue. would never use the guy again

No they want to finish it by the end of the month. They shall always have their vested interest over yours;(

[chrisny]

Originally Posted by zibawal

No they want to finish it by the end of the month. They shall always have their vested interest over yours;(

Good point but some, albeit few, will look out for you for repeat business. To a degree anyway. So it rolls into the next month instead... The guy lost his business in the process and these rebates don't come out of the dealer's pockets.

[LollerAgent]

Just got an email from my CA saying that the $1000 would be "automatically applied" to my lease. Car is scheduled to arrive via boat on the 11th. This combined with the slight money factor decrease in October is really helping my monthly payment!

[EnerJi]

Originally Posted by chrisny

EDIT: reading the offer it does say financing offer so you would probably have to finance at least a portion of the purchase to get the credit, then pay off afterwards.

Hmmm. From what I understand based on reading people's experiences from previous years, there are some financing fees involved and some minimum number of payments to make before the loan can be paid off in full. Makes the savings very small (or non-existent), and probably not worth the paperwork hassle.

Too bad! Don't know why BMW doesn't do a straight rebate so that everyone benefits.

[chrisny]

Originally Posted by EnerJi

Hmmm. From what I understand based on reading people's experiences from previous years, there are some financing fees involved and some minimum number of payments to make before the loan can be paid off in full. Makes the savings very small (or non-existent), and probably not worth the paperwork hassle.

Too bad! Don't know why BMW doesn't do a straight rebate so that everyone benefits.

It's worth looking into. My In-laws bought an x3 a few months ago and were told there were no minimum number of payments before they could pay off (just the first due at signing..), but there was no promotion so we never got to prove that was true.

But it depends on the rate and number of payments. Could still save you $500-800 I would guess. Depends on how many payments you have to make and how much the finance charge is for those months.. It will be front loaded with interest, no doubt.

[DarkTrigger]

Originally Posted by justinnum1

nope. my ca probably had no clue. would never use the guy again

Same here, freaking A, just got mine on the 29th! I didn't even think about waiting to see what was going on in November. Oh well, live and let learn.

Long Beach BMW internet sales sux though!