11-26-2019, 10:01 AM | #1 |
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PSA: PenFed Member's Get An Extra $500 Off w/BMWFS
Happy Thanksgiving...Public Service Announcement:
PenFed Member's can get an extra $500 off even if you lease/finance with BMWFS. You can get up to $2k off (X5), but you would then need to finance with PenFed and miss out on BMWFS better total incentives. Member's login to PenFed's "Car Buying Service" and they will email you a Customer ID and Offer Code. Bring the info to the dealer when signing the paperwork. Appears to work just like an OL Code/Fleet (and you can still do CCA). And everything is stackable. Joining is open to anyone and free. Need to be a PenFed member for 60 days in order to get the code You're welcome!
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'24-I20 iX 50; '23-G26 i4 M50; '22-G82 M4Cx*;20-G05 M50i*; '20-F82 M4CS*; '18-F80 M3CS*; '18-F80 M3CS*; '18-F85 X5M*; '18-G01 X3M40i*; '18-F80 M3ZCP*; '17-F80 M3ZCP*; '15-F15 X5*; '15-F82 M4*; '12-E92 335is*; '11-E70 X5d; '11-E89 Z435is*;'09-E89 Z435i*; '08-E92 335i*; '06-E90 330i*; '05-E83 X3*; '04-E83 X3*; '03-E46 325Ci* *retired Last edited by Kief; 01-10-2020 at 06:04 AM.. |
11-26-2019, 10:09 AM | #2 |
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Nice, same program as USAA.
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11-26-2019, 10:12 AM | #3 |
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'24-I20 iX 50; '23-G26 i4 M50; '22-G82 M4Cx*;20-G05 M50i*; '20-F82 M4CS*; '18-F80 M3CS*; '18-F80 M3CS*; '18-F85 X5M*; '18-G01 X3M40i*; '18-F80 M3ZCP*; '17-F80 M3ZCP*; '15-F15 X5*; '15-F82 M4*; '12-E92 335is*; '11-E70 X5d; '11-E89 Z435is*;'09-E89 Z435i*; '08-E92 335i*; '06-E90 330i*; '05-E83 X3*; '04-E83 X3*; '03-E46 325Ci* *retired |
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11-26-2019, 10:16 AM | #5 |
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Good to know...but now even more can take advantage of PenFed since there are no restrictions to join. Easy-peasy extra $500 off
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11-26-2019, 11:26 AM | #8 |
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I actually have been a Pedfed member since 2012 when I bought my 1M.
It seems like this can only apply to dealer inventory and not a custom order. Is that correct? |
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11-26-2019, 11:28 AM | #9 |
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I don't see anywhere it mentions only in-stock units.
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11-26-2019, 11:39 AM | #10 |
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Nevermind I see it now, it does look like it'll apply to a new order. Only catch is that the car has to be delivered by Jan 2, 2020 which wouldn't happen in my case. I'll send it to my dealer and see what they say anyway.
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11-26-2019, 02:40 PM | #12 |
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No requirements, just need to have a minimum balance of $5.
I just asked my dealer and they said I wouldn't qualify for the $500 since there's no way my car would be delivered by Jan 2, 2020. |
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11-26-2019, 02:42 PM | #13 |
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Got it - yea I haven’t ordered one yet so no way it would be 🤣! Tho is it likely the discount is extended into next year? It seems the only downside with the PenFed application is the hard credit inquiry.
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11-26-2019, 02:49 PM | #14 | |
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Quote:
I just opened an account an hour ago and I have my credit reports frozen so they did not do a hard inquiry. |
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11-26-2019, 04:09 PM | #16 |
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I guess another item to consider is that the offer may not be available to all members. It could be similar to USAA where only qualifying members can get a certificate for the discount. I think in their case it is only those who qualify to purchase insurance which would be active/former military with some exceptions for spouses, widows, children, etc.
The PenFed incentive probably can not be stacked with the USAA incentive since they seem to be targeting the same group but perhaps that is not the case. |
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11-26-2019, 04:19 PM | #17 | |
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Quote:
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11-26-2019, 05:05 PM | #18 |
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BMW uses USAA for their military discount program, hence the additional requirement, so was just supposing that perhaps they are doing the same thing with PenFed since the programs appear to be identical.
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11-27-2019, 08:11 AM | #20 |
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That sucks man! I've been a member for years and wasn't aware. Thanks for letting us know.
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11-28-2019, 03:20 AM | #22 |
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You're welcoming, now where's my Thanksgiving gift?!?
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