BMW X5 Forum (G05) - View Single Post

ChiefOne · 11-25-2020, 04:38 PM

Hello,

I am a US customer.
I have an X5 XDrive in build state with an expected 49th week build. I negotiated roughly 11% off on the MSRP of the vehicle with the dealer and then moved to order placement. At the time of price negotiation, there was no mention of how/where I am going to finance my vehicle.

I see on the BMW leasing and finance site it says that it is 1.9%APR for 60 months with a $2,500 APR Credit.

Question -

a. Is this APR credit dealer has to agree to or is it going to come directly from the BMW once I sign-up for the credit on the BMW website?

b. Can the dealer say NO to this credit saying that they have already given me all of the possible discounts?

c. What actually is APR Credit?

Appreciate your help, the current offer seems to be applicable up to the end of this month only. Not sure if the next one will be better or worse than this. In the build week, I was planning to apply online for BMW finance and get the rate locked for 60 days as advertissed.

11-25-2020, 04:38 PM	#1
ChiefOne Private First Class 81 Rep 177 Posts Drives: X5 XDrive 40i Join Date: Nov 2020 Location: Taxas iTrader: (0)	Finance Incentive Awarenesss Hello, I am a US customer. I have an X5 XDrive in build state with an expected 49th week build. I negotiated roughly 11% off on the MSRP of the vehicle with the dealer and then moved to order placement. At the time of price negotiation, there was no mention of how/where I am going to finance my vehicle. I see on the BMW leasing and finance site it says that it is 1.9%APR for 60 months with a $2,500 APR Credit. Question - a. Is this APR credit dealer has to agree to or is it going to come directly from the BMW once I sign-up for the credit on the BMW website? b. Can the dealer say NO to this credit saying that they have already given me all of the possible discounts? c. What actually is APR Credit? Appreciate your help, the current offer seems to be applicable up to the end of this month only. Not sure if the next one will be better or worse than this. In the build week, I was planning to apply online for BMW finance and get the rate locked for 60 days as advertissed.
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