11-23-2012, 09:10 AM | #1 |
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College Graduate Incentive Question
Hi folks,
I'm planning to custom build my 2013 328i with the college graduate incentive. I figure custom build would take at least 8 weeks to get here. But I actually graduated in December 22, 2011(my commencement's date). If I order one now, will I still be able to apply the incentive to my purchse? I would also want to ask if you guys have any idea how they verify it. And how they determine the one year period. Do they take the commencement date or the last day of class? Thanks in Advance!!! |
11-23-2012, 10:26 AM | #3 | |
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The other benefit of the CG incentive is getting approved at the lowest financing rate without much credit/income history. This would be locked up for 60 days after approval, so I'd think you would get this given your timeline. I'm not the most well versed in incentive programs, but I'd guess SamS is right and it all comes down to the dealer and how you go about negotiating the price.
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11-25-2012, 01:52 PM | #6 |
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11-25-2012, 09:31 PM | #7 |
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there are certain guidelines that you have to meet to qualify for the college grad program.
you must provide a copy of your degree or transcripts. you also have to have a letter form your employer or an offer letter of you haven't graduated yet. there are also a couple other minor things too. |
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06-06-2013, 07:11 PM | #9 |
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From BMWs website.......You've studied hard, college is behind you, and now it's time to get behind the wheel of The Ultimate Driving Machine®. BMW has made it easier than you might think with a special program offered exclusively to qualifying college graduates. If you've recently graduated — or are about to graduate — you're eligible for a $1,000 incentive, plus our best available rates when you lease or finance a New 2013 or 2014 BMW. Customers looking to purchase a Certified Pre-Owned BMW are eligible for a $750 incentive.
You're eligible if: You've earned an undergraduate, graduate or Associate's degree from an accredited college or university within the previous 12 months OR you are eligible to graduate within the next 4 months and have a verifiable offer of employment. You have at least 24 months of credit history with no major derogatory entries. To learn more about this special offer, including any additional program requirements, please visit a BMW center near you! Offer subject to credit approval and verification of graduation and employment. Recent graduate means graduation from an accredited college or university with an undergraduate or graduate degree earned within the previous 12 months. To qualify, you must have a minimum of 24 months of credit on file and no previous derogatory credit on any held credit trades. Finance and lease terms based on credit score. Program subject to change. See your BMW Client Advisor for most current Program. ©2013 BMW Financial Services NA, LLC. The BMW wordmark and BMW logo are registered trademarks of BMW AG. |
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06-06-2013, 10:57 PM | #10 |
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06-07-2013, 03:21 AM | #11 |
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06-07-2013, 07:03 AM | #12 |
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I doubt they actually follow up with the registrar's office for this stuff. Also I don't think the school is allowed to release any sort of information regarding your graduation, grades, etc to anyone else except you (unless you authorize it but, again, I doubt they make you go through that process).
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06-08-2013, 12:06 AM | #13 | |
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06-09-2013, 02:27 PM | #14 |
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I just tried to get this incentive, they are sticklers about it. I have a credit score of 735 and was turned down because I had a small collections ($30) on my credit from my kids not returning a library book in on time.....I had no idea it was on my credit. That little ding was enough for them to say no.....seems a little odd to me.
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06-11-2013, 12:08 AM | #15 | |
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06-11-2013, 11:49 AM | #16 | |
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I would call BMW FS directly if they were holding things up. Obviously that's stupid. |
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06-11-2013, 12:54 PM | #17 |
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06-12-2013, 02:54 PM | #18 |
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No, it was BMW FS. My dealership has been great an they are doing everything to keep my deal as agreed prior to the build. I think it just means they aren't making as much money as they could have if the incentive was approved.
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06-12-2013, 05:50 PM | #19 |
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So you were denied the incentive but approved for financing?
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04-19-2022, 03:00 PM | #20 |
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Hey guys. Does BMW still give incentives for students in 2022 ? I am a college student, and I actually hate it. I've been always thinking that is freaking useless, and I am just spending my time on useless stuff, like writing essays and so on. I am sooo tired of my college, I have already started to buy essays instead of writing them by myself. That's a really nice lifehack for students, by the way, click this site if you want to find more info. If BMW dealers are giving incentives for students, It won't be that useless.. that will be at least something that I can get from my college.
Last edited by lilyvance21xs; 04-21-2022 at 12:10 PM.. |
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04-24-2022, 02:47 PM | #21 | |
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