PSA: PenFed Member's Get An Extra $500 Off w/BMWFS

Praj1990 · 01-04-2022, 09:47 AM

I’m not seeing any BMW discounts on penfed’s site anymore.
Is it gone for good ?

TurtleBoy · 01-04-2022, 10:04 AM

Quote:

Originally Posted by Praj1990

I’m not seeing any BMW discounts on penfed’s site anymore.
Is it gone for good ?

They took it off yesterday, I would imagine since it expired. It should be back within a week or so if it follows previous years.

bimmer_fast · 01-04-2022, 10:34 AM

Quote:

Originally Posted by TurtleBoy

They took it off yesterday, I would imagine since it expired. It should be back within a week or so if it follows previous years.

I remembered called in a month ago, the agent told me I can call in for a cert if expired. Not sure if it still works, anyone who has the demand worth a call.

firstbimmerblack · 01-04-2022, 02:18 PM

Quote:

Originally Posted by bimmer_fast

I remembered called in a month ago, the agent told me I can call in for a cert if expired. Not sure if it still works, anyone who has the demand worth a call.

I called Truecar today and they mentioned that Penfed has decided to cancel the new car incentive for BMW cars. My X5 is on its way to the dealership and I have an expired Penfed offer code that I can’t use. Really bummed about it…

TurtleBoy · 01-04-2022, 02:20 PM

Quote:

Originally Posted by firstbimmerblack

I called Truecar today and they mentioned that Penfed has decided to cancel the new car incentive for BMW cars. My X5 is on its way to the dealership and I have an expired Penfed offer code that I can’t use. Really bummed about it…

I wouldn't take that as accurate yet. Give it a few days to see if the updated offer gets put on the site. Many of us speculated that BMW would pull the incentive from PenFed now that they are processing it on their own site but didn't think it would really happen.

bimmer_fast · 01-04-2022, 02:20 PM

Quote:

Originally Posted by firstbimmerblack

Quote:

Originally Posted by bimmer_fast

I remembered called in a month ago, the agent told me I can call in for a cert if expired. Not sure if it still works, anyone who has the demand worth a call.

I called Truecar today and they mentioned that Penfed has decided to cancel the new car incentive for BMW cars. My X5 is on its way to the dealership and I have an expired Penfed offer code that I can’t use. Really bummed about it…

oh my lord…. NO!!! That can't be my new year gift, I have mine in production next week!

firstbimmerblack · 01-04-2022, 02:24 PM

Quote:

Originally Posted by bimmer_fast

oh my lord…. NO!!! That can't be my new year gift, I have mine in production next week!

Yep, I’m also truly bummed. This incentives was one of the main reasons why I decided to splurge on an X5.

My car is on the way to the dealership.

bimmer_fast · 01-04-2022, 02:36 PM

Quote:

Originally Posted by firstbimmerblack

Quote:

Originally Posted by bimmer_fast

oh my lord…. NO!!! That can't be my new year gift, I have mine in production next week!

Yep, I’m also truly bummed. This incentives was one of the main reasons why I decided to splurge on an X5.

My car is on the way to the dealership.

Keep in touch and please let us know here the day you have the delivery I want to see what other choices we can have. I know it is the seller's market so I might take it whatever but very upset

firstbimmerblack · 01-04-2022, 06:23 PM

Quote:

Originally Posted by bimmer_fast

Keep in touch and please let us know here the day you have the delivery I want to see what other choices we can have. I know it is the seller's market so I might take it whatever but very upset

I reached out to my SA and this is what he said: “…The good news is that PenFed and bmw will probably renew the program for 2022 and should give out some info on it soon.” So keeping my fingers crossed. Will keep this thread posted.

bimmer_fast · 01-04-2022, 08:44 PM

Quote:

Originally Posted by firstbimmerblack

Quote:

Originally Posted by bimmer_fast

Keep in touch and please let us know here the day you have the delivery I want to see what other choices we can have. I know it is the seller's market so I might take it whatever but very upset

I reached out to my SA and this is what he said: “…The good news is that PenFed and bmw will probably renew the program for 2022 and should give out some info on it soon.” So keeping my fingers crossed. Will keep this thread posted.

appreciate your information

GrussGott · 01-04-2022, 10:14 PM

Quote:

Originally Posted by firstbimmerblack

I reached out to my SA and this is what he said: “…The good news is that PenFed and bmw will probably renew the program for 2022 and should give out some info on it soon.” So keeping my fingers crossed. Will keep this thread posted.

this same thing happens most years ... granted we're in crazy times, but if history is a predictor then it's just their slow bureaucracy ... this PenFed program is very poorly documented.

it's why there's so much drama around calling it the military incentive despite penfed doing the exact same incentive for other brands for years.

xixihaha · 01-05-2022, 08:57 PM

Seems BMW has no discount this year anymore. Penfed already put out offers for other brands like Audi....

TurtleBoy · 01-05-2022, 09:02 PM

Quote:

Originally Posted by xixihaha

Seems BMW has no discount this year anymore. Penfed already put out offers for other brands like Audi....

It could be BMW pulled the domestic military discount from them but I would give it a week or so to be sure. There are other manufactures missing also so it could be they just haven't gotten the new year information set up yet.

GrussGott · 01-05-2022, 09:33 PM

Quote:

Originally Posted by xixihaha

Seems BMW has no discount this year anymore. Penfed already put out offers for other brands like Audi....

Yeah, definitely notable, here's from 2021:

And today: BMW, Mini, & Volvo missing

BMW's incentive was high compared to others and BMW allowed active/retired military to skip the 60 day PenFed membership requirement all other MFRs required ...

Clearly other mfrs are still offering the incentive so to the extent BMW isn't, something in the terms agreement must've either failed or at least be unsettled ...

4ML INC · 01-10-2022, 01:43 PM

Quote:

Originally Posted by GrussGott

Yeah, definitely notable, here's from 2021:

And today: BMW, Mini, & Volvo missing

BMW's incentive was high compared to others and BMW allowed active/retired military to skip the 60 day PenFed membership requirement all other MFRs required ...

Clearly other mfrs are still offering the incentive so to the extent BMW isn't, something in the terms agreement must've either failed or at least be unsettled ...

Mini is showing up now (upto $1500) - so maybe maybe BMW offer will pop up at some time. Though - not gonna hold my breath. It is what it is.

TurtleBoy · 01-10-2022, 03:57 PM

Quote:

Originally Posted by 4ML INC

Mini is showing up now (upto $1500) - so maybe maybe BMW offer will pop up at some time. Though - not gonna hold my breath. It is what it is.

Mini has always been showing for me so not sure that points to anything. I asked someone to try and get some info. Granted sources inside BMW can be as unreliable as the Genius line but the information I got is that BMW pulled the domestic military incentive from PenFed because a few years ago they merged with another credit union and they got rid of their limited membership, mainly military and defense. That does make sense and something a few of us speculated about when BMW started processing the incentive on their own site. Hopefully that info is not correct and it will show up again.

Szupreme · 01-10-2022, 04:42 PM

Quote:

Originally Posted by 4ML INC

Quote:

Originally Posted by GrussGott

Yeah, definitely notable, here's from 2021:

And today: BMW, Mini, & Volvo missing

BMW's incentive was high compared to others and BMW allowed active/retired military to skip the 60 day PenFed membership requirement all other MFRs required ...

Clearly other mfrs are still offering the incentive so to the extent BMW isn't, something in the terms agreement must've either failed or at least be unsettled ...

Mini is showing up now (upto $1500) - so maybe maybe BMW offer will pop up at some time. Though - not gonna hold my breath. It is what it is.

Where are you seeing mini showing up?

Don't see it on www.penfed.truecar.com

TurtleBoy · 01-10-2022, 05:59 PM

Quote:

Originally Posted by Szupreme

Where are you seeing mini showing up?

Don't see it on www.penfed.truecar.com

Just go to PenFed's site, it is on the second slide and has been there.

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Edit: When clicking on Learn More it does give an error.

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4ML INC · 01-11-2022, 03:35 PM

^^

Yea - I wasn't seeing Mini on my end before but now I do. And same result - when I click on it - "Sorry - we can't find that page"

So...maybe some updates are still going on there is the only hope. But, I doubt Penfed will have any BMW offers going forward

BMW Neophyte · 01-16-2022, 11:24 AM

NFCU has replaced PenFed.

Kief · 01-16-2022, 11:26 AM

Quote:

Originally Posted by BMW Neophyte

NFCU has replaced PenFed.

Too bad civilians cannot join

Waterdog · 01-16-2022, 01:22 PM

Quote:

Originally Posted by BMW Neophyte

NFCU has replaced PenFed.

Looks like the X5 offer is $1500 on the NFCU website

01-04-2022, 09:47 AM	#221
Praj1990 Enlisted Member 43 Rep 45 Posts Drives: F30 335 6mt Join Date: Jul 2020 Location: Colorado iTrader: (0)	I’m not seeing any BMW discounts on penfed’s site anymore. Is it gone for good ?
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01-05-2022, 08:57 PM	#232
xixihaha Registered 0 Rep 2 Posts Drives: 328i Coupe Sport Join Date: Jul 2013 Location: Sacramento, CA iTrader: (0)	Seems BMW has no discount this year anymore. Penfed already put out offers for other brands like Audi....
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01-11-2022, 03:35 PM	#239
4ML INC Private First Class 66 Rep 116 Posts Drives: BMW 45e 2022 Join Date: Dec 2021 Location: LAKE TAHOE, NEVADA iTrader: (0)	^^ Yea - I wasn't seeing Mini on my end before but now I do. And same result - when I click on it - "Sorry - we can't find that page" So...maybe some updates are still going on there is the only hope. But, I doubt Penfed will have any BMW offers going forward
	Appreciate 0 Quote

01-16-2022, 11:24 AM	#240
BMW Neophyte New Member 5 Rep 14 Posts Drives: BMW X7 (Lexus ES/Lexus RX350s) Join Date: Jan 2022 Location: NoVA iTrader: (0)	NFCU has replaced PenFed.
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