06-10-2021, 01:15 PM | #2378 | |
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06-10-2021, 04:55 PM | #2380 |
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if in today's market you are getting anything over 6%, take it and run. The chip shortage is killing the buyer market. Uppper midwest i have been shopping for months and could barely get 6% in May for an inventory car. I was lucky to place order at 5% plus incentives before options started being removed. Chip shortage is really hurting inventory and dealers are charging what they want. A car with my options on the lot in MN dealer wanted MSRP. I laughed and walked and placed an order instead with local dealer who i believe gave me decent discount considering. They are the largest BMW around and they literally had 4 X5 on the lot, that's it. normally they have 60. so it's not the same market as it was 4 months ago and def not what it was in 2020. You can wait to recovery happens or lower your expectations on either the discount or the inventory on the lots. I wanted a very specific set up so it was impossible to find after 4 months of search in all apps and calling like a list of 20 dealers in the entire midwest all way to PA. I almost bought another brand just to be done. Anyway, I am glad I didn't and can't wait till it arrives in a few weeks.
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06-11-2021, 05:16 PM | #2381 |
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No lease number changes for June.
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06-12-2021, 06:09 PM | #2382 | |
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would you mind sharing the dealer you are using? Thanks |
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06-16-2021, 10:07 PM | #2384 |
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Signed the deal today
21 X5 S40i, MSRP $68045 with 11% off plus $5250 in rebates (BMW $2000+ Penfed $3250). Got the dealer to match Vroom on trade in. No additional dealer fee. Ok deal? Thanks everyone for the info |
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06-16-2021, 10:11 PM | #2385 | |
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Congratulations. Good luck, enjoy and be safe.
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06-16-2021, 10:27 PM | #2386 | ||
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You are absolutely correct. If you use BMWFS (Lease/APR credits) the Penfed rebate drops to $500. If you are Penfed and BMW loyalty and take the APR credit you'd have $1k + $2k +$500 = $3,500. If you paid cash or used your credit union/bank then you would take the $3,250 Penfed. |
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06-16-2021, 10:37 PM | #2387 | |
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06-16-2021, 10:47 PM | #2388 | ||
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Most of the time there is a cash credit that matches that APR credit but not always. BMW doesn't post the cash credits on their site, but buyers should always check with an insider. |
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06-17-2021, 06:58 PM | #2389 |
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Interesting since BMW is not currently offering a cash credit that I know of. It could be your dealer actually offered it and not BMW. If it was BMW, then the PenFed likely would drop to $500 also although we recently saw an example of where the dealer made a mistake and gave the buyer the $3,250 PenFed along with the $2,000 APR credit for financing with BMWFS. More than likely BMWFS will reject that and the deal will have to eat the difference.
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06-17-2021, 07:19 PM | #2390 |
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Drives: 2018 M4 Comp Indv
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Care to share your dealer & sales person?
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06-18-2021, 08:11 AM | #2392 | |
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It was surprising to me but good to hear. A neighbor of mine had some fraud issues and was insistent on not giving his social security to anyone. I told him he would lose out on APR cash and that's when I found out they do offer cash rebates. |
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06-18-2021, 10:13 AM | #2393 |
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Considering coming back to BMW with a 2021 X5 m50i...perfect packaged except I'm not a fan of spending $3500 for the B&W sound upgrade.
MSPR of $97,795 6% off of that puts it at $91,927 $2k in rebates from prior BMW owner and USAA. Money factor of .00093 at 12k miles puts payment at $1369. Is this a good deal? |
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06-18-2021, 10:35 AM | #2394 | |
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06-18-2021, 10:36 AM | #2395 | |
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06-18-2021, 02:32 PM | #2396 | |
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06-18-2021, 07:30 PM | #2397 | |
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That looks a little high depending how VA calculates sales tax. At least they arent marking up the MF. Have you plugged your number into https://leasehackr.com/calculator? |
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06-18-2021, 07:52 PM | #2398 | |
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https://www.bmwusa.com/special-offer...incentive.html https://www.truecar.com/military/
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