11-01-2012, 11:26 AM | #1 |
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November Holiday Credit + Loyalty can be stacked for total $1750 discount?
can you combine these offers?
Ca just called me. He already knocked the grand off my invoice price so total I'm at $2050 below invoice. Sick deal for a 335. Car arriving next week.mwu huuu Last edited by ES_TRADER; 11-01-2012 at 05:24 PM.. |
11-01-2012, 11:56 AM | #3 |
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11-01-2012, 12:15 PM | #5 |
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This would be fantastic. I'm waiting for my car to arrive (just finished production) and my lease just keeps getting cheaper and cheaper. First the MF was lowered from .00145 to .00135. Then I was able to get equity (~$2500) out of my 2009 335 lease I'm turning in due to low mileage and very good condition. Now this potentially. My new car (with an MSRP 4K more than my last) is going to be potentially more than $100 less per month!
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11-01-2012, 12:15 PM | #6 |
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11-01-2012, 12:22 PM | #7 |
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According to BMWUSA: For leasing a 13 335i $399*/month for 39 months. $1,000 Holiday Credit and $750 Loyalty Cash included in payment.
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11-01-2012, 01:09 PM | #8 |
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Lucky bastards!
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11-01-2012, 01:10 PM | #9 |
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Great news! So long as they don't monkey with the money factor or residuals. I sign next Monday for my ED later this month. Just learned that my car started production today...
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11-01-2012, 01:19 PM | #10 | |
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I thought returning your lease with lower miles does NOT get you any credit?
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11-01-2012, 01:36 PM | #12 |
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11-01-2012, 02:01 PM | #15 |
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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? |
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11-01-2012, 02:06 PM | #16 |
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This wasn't really credit and I don't think BMW typically does this but from from what I understand it's not uncommon with less exepnsive cars. Here's what happened. My lease was up Nov 15th. I had my lease end inspection with only $100 in excessive wear and tear and was about 7k miles under. The lease end buy out was substantially less than multiple estimates of trade in value and obviously even more privately selling. I presented this to the dealer and said it was worth it to me to buy out the car and sell it unless they wanted to simply buy out my lease and give me the difference between the buyout and their estimated trade in value. They felt BMWFS had "underpriced" the car and therefore they were willing to do it rather than not have the car at all to sell as CPO. So they will be applying ~ $2500 plus my prior deposit of $700 (which isn't required for my new lease for some reason) to the new car.
We are looking for a new car to replace my wife's Outback (also leased with low mileage) and both hyundai and subaru said they do this sort of thing all the time and apparently our Subaru has ~1400 of equity in it. It seemed to be uncommon for BMW as I'm guessing the buy out is usually fairly close to or higher than trade in. So if you have a low milage leased car in good shape it seems it's worthwhile to always investigate. If you don't ask, the dealer is sure to just buy the car from the leasng company and keep all the profit from selling for themselves, rightfully so.
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11-01-2012, 02:09 PM | #17 |
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It's tough. Mine finished production on 9/30. ETA arrive at CA port on 12/21.
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11-01-2012, 02:13 PM | #18 | |
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11-01-2012, 03:06 PM | #20 |
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Wow then I am out of luck
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11-01-2012, 03:12 PM | #21 |
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Sorry, I meant 12/21 at dealership. 12/11 at port of CA. It depends on how quick your car can be loaded on a boat. If the boat leaves at SA b4 mid Nov, then you will still have a chance to receive it before next year.
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11-01-2012, 03:21 PM | #22 | |
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I guess you can run into this scenario if the residual value of your car was low at the time when you signed your contract. You get not so great lease deal but have an opportunity to get some money back at the end of your lease.
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