Quote:
Originally Posted by sugriv
Hello everyone,
Has anyone recently received PenFed incentive on a purchase/financed vehicle (not on a lease)? How does the discount work? There is $3,250 incentive for X5. Does it come from dealer or BMW directly? Does it reduce the purchase price at the time of order or is it something you get from BMW later after receiving the vehicle? Do you have to take a PenFed loan etc to get this incentive? Also, the offer expires on Jan 6, 2021. So, what happens if I order the vehicle now and its not delivered/received by then? The features I am looking for, is not available in stock, so I do need to order it.
Appreciate any info you can provide. Thank you.
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PSA: PenFed Member's Get An Extra $500 Off w/BMWFS
https://g05.bimmerpost.com/forums/sh....php?t=1672925
See the above link for PenFed discussion.
If you're not already a PenFed member, you'll need to sign up and join for 60 days. The PenFed BMW finance credit comes directly from PenFen and you'll would need to finance your vehicle through PenFed to receive the $3250 incentive, otherwise you'll only receive $500 if financing through BMWFS. When you hit 60 days, you'll generate a "coupon" through their vehicle purchasing program.