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      01-16-2022, 02:52 PM   #245
TurtleBoy
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Drives: 2019 X5 40i,2021 M340i
Join Date: Jan 2019
Location: Colorado

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Quote:
Originally Posted by HDEddie1 View Post
How does the Pen Fed discount work? That is, where does the money come from? Does BWMNA underwrite it or does the dealer have to absorb it off the deal?
I'm sitting on an MSRP quote from my local dealer for a factory build of a non-M X drive with no budge in price except the "loyalty discount" $1000. Any insight would be appreciated. Thanks
It was BMW's domestic military incentive and came from BMW with no dealer participation involved. BMW discontinued having a PenFed membership as one of the ways to qualify for it. If you, or a family member, served in the military then you can get the incentive from BMW's site, TrueCar or through NFCU.

Most deals nowadays are at MSRP but shops around. If you want to do PCD then you can buy from any dealer in the country. Keep in mind though, many will only sell to locals.
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2021 BMW G20 M340i xDrive - Verde Ermes/Black - 03/2024.40
2019 BMW G05 X5 xDrive40i - Phytonic Blue/Cognac - 11/2023.50
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