BMW Deals – August 2009

August 5, 2009

BMW has changed many of its previously announced incentives for August, mostly for the better.

The new modified incentives from BMW are a mixed bag of low-interest loans and some excellent factory-to-dealer cash deals, which usually end up as price discounts from dealer to customer. The larger the dealer cash rebate, the larger the dealer-to-customer price drop.

Many 2010 BMW models are out now, so there are incentives on both 2009 and 2010 models. Typically, the deals on 2009 models are better than 2010 models, but not always.

Interestingly, BMW’s low-interest loans are for 24 and 60 months — nothing for other loan times. In general, the low APR loans are for 1.9% and 2.9% with an occasional 0.9% thrown in.

There are some excellent lease deals for August on the 2009 BMW 1-Series, 2009 3-Series, 2010 5-Series, and 2009 6-Series. There are also promotional leases available for the 2009 models of the X3, X5, X6, and Z4. One of the best leases is on the BMW 328i sedan — $349 a month, 36 months, 10K miles per year.

BMW provides dealers with hidden factory-to-dealer cash that can be used for advertising, promotions, and for providing price discounts to customers. It’s money that mostly goes from factory to dealer to customer. For August, BMW is only offering these incentives – $5000 – on all models of the 2009 5-Series and the M5. When this $5000 is turned into a price discount, it can make for some nice deals on the 5-Series cars.

There are a few not-so-exciting direct factory-to-customer rebates, which is pretty rare for BMW. The rebates are on the BMW 5-Series sedans – $1260 (Automatic transmission models) or $1840 (AWD models). A $4500 rebate is also available on the BMW X5 Turbodiesel sedan.

You can get free BMW dealer price quotes on any of the above BMW vehicles from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.