11-06-2020, 10:29 AM | #177 | |
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The PenFed offer sheet has the details as to what the incentive is when BMW financing or lease is used. |
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11-12-2020, 07:35 PM | #178 |
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So for anyone cutting it kinda close, I signed up 60 days to the day today. Won't generate my code. However, I signed up pretty late in the evening. Hopefully, I'll be able to get the code tomorrow.
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11-13-2020, 06:07 AM | #179 |
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how much incentive is given for the BMW apr at 0.9% ? I think it is $2000 right ?
the $3250 from penfed is good if you pay cash but if you finance, the APR right now is around 3.9%, over 60 month it is not a great deal compared to BMW low APR... what do you guy think ? |
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11-13-2020, 06:51 AM | #180 | |
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11-13-2020, 07:35 PM | #181 |
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11-30-2020, 12:10 AM | #182 |
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11-30-2020, 03:56 AM | #183 |
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Anybody knows if this or any other financial deal will work if purchasing with the "BMW/Mini Military Sales" overseas? ... Got my order in and currently looking at financing with NFCU for a 1.79 apr
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11-30-2020, 06:52 AM | #184 |
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Thank you for your service. Likely not since the offer sheet says the offer is valid at any BMW center in the United States.
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11-30-2020, 07:00 AM | #185 |
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Thanks for the response. Thats what I was thinking but thought I would ask anyways. Again, thanks!
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12-10-2020, 12:18 PM | #186 |
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Update: My 60th day is today. Still unable to generate a code. I'll give them til after noon before I call. I'm picking up tomorrow so I'm getting nervous. When I called last time, neither PenFed nor TrueCar (it's apparently thru TrueCar) reps had any clue and told me to call the other one.
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12-10-2020, 12:56 PM | #187 | |
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12-10-2020, 05:36 PM | #188 | |
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I'm still good, although it's tight. I'll try early in the morning tomorrow and hopefully it works. Otherwise, they said they open at 7AM Central so I can call and they can get me the code then. Hopefully this helps someone else who's trying to time it really closely. |
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01-04-2021, 06:46 AM | #191 |
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The current certificate said valid until January 4th 2021. This matches the end of the December programs. Tomorrow I can check if the certificate is updated with a new date. it depends on whether PenFed Extended the program.
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01-04-2021, 06:49 AM | #192 |
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I would imagine since BMW just started using them for the Military incentive they will continue but BMW has also partnered with ID.me so they can provide the military discount directly so perhaps not. Here is BMW's website: https://www.bmwusa.com/special-offer...incentive.html
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01-05-2021, 06:54 AM | #193 |
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Here is the language on the new certificate.
2020 BMW PenFed Incentives Incentives for eligible 2020 models -$500 Incentive for Lease and Retail Loan financed through BMW Financial Services. Exception: BMW FS Lease not available for i3. -Incentives are combinable with eligible new car sales programs* Exception i3 Cash/FS Retail Loan not combinable. *i3 PenFed Cash and BMW FS Retail Loan $11,000. Not combinable with monthly sales programs. Not eligible for BMW FS lease. Special BMW Incentive offer is valid at any authorized BMW Center in the United States. Cash incentives are not applicable for vehicles leased/financed through BMW Financial Services. Member must take retail delivery January 4, 2021 - January 3, 2022. Incentive offer is subject to change without prior notice. This incentive offer is available to PenFed members. BMW requires presentation of a photo ID your BMW Manufacturer Certificate with a unique Customer ID and Offer Code. Visit the PenFed Car Buying Service to receive BMW Certificate. One incentive per member, per offer code, per calendar year for new BMW vehicles. Eligible member must be the purchaser. See your authorized BMW Center for complete program details. EDIT***** There were more pages. 2021 BMW PenFed Incentives Incentives for eligible 2021 models -$500 Incentive for Lease and Retail Loan financed through BMW Financial Services. Exception: BMW FS Lease not available for i3. -Incentives are combinable with eligible new car sales programs* Exception i3 Cash/FS Retail Loan not combinable. *i3 PenFed Cash and BMW FS Retail Loan $11,000. Not combinable with monthly sales programs. Not eligible for BMW FS lease. Special BMW Incentive offer is valid at any authorized BMW Center in the United States. Cash incentives are not applicable for vehicles leased/financed through BMW Financial Services. Member must take retail delivery January 4, 2021 - January 3, 2022. Incentive offer is subject to change without prior notice. This incentive offer is available to PenFed members. BMW requires presentation of a photo ID your BMW Manufacturer Certificate with a unique Customer ID and Offer Code. Visit the PenFed Car Buying Service to receive BMW Certificate. One incentive per member, per offer code, per calendar year for new BMW vehicles. Eligible member must be the purchaser. See your authorized BMW Center for complete program details. Last edited by arciga18; 01-05-2021 at 11:03 AM.. Reason: Mistake copying. |
01-05-2021, 10:45 AM | #194 | |
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For the most part, just looks like they continued the incentives that recently expired, with a new expiration date of Jan 3, 2022. |
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01-05-2021, 11:02 AM | #195 | |
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I think you are correct. I literally copied an pasted. Looks like they grabbed the old template. I wanted to highlight the new expiration date. **EDIT*** See above**. There was a separate page for 2021 models. |
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01-05-2021, 11:02 AM | #196 |
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They must have missed that when updating the form. It looks like the incentives are the same so everything was carried over for another year.
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04-24-2021, 01:54 PM | #197 | |
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04-24-2021, 02:49 PM | #198 |
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I don't know if it will help, but I got the $3,250 for being prior military. I verified through id.me and gave the dealership (actually was able to do it twice within a month of each other) my customer ID and offer code and that was it. I went through my own credit union and have no affiliation with Penfed.
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