BMW Adds Incentives for July and August 2009

July 2, 2009

bmw-5series BMW has announced new incentives for July 2009 through August 2009.

As usual, BMW doesn’t offer rebates because it doesn’t want to be viewed as a “discount” brand, but they are offering some excellent low-interest rate loans on most models, even on new 2010 models, and factory-to-dealer cash on selected models (see below). As you may know, factory-to-dealer cash can be used by dealers any way they want to help improve sales, including giving some or all of that cash to customers as a price discount.

Here’s a summary of the new BMW incentives for July and August 2009. The deals end on August 31.

Low 2.9% APR interest rates for 24 and 60 months on 2009 models of the BMW 1 Series, 3 Series, 5 Series, M5, X5, and X6.

Low 3.9% APR interest rates for 24 and 60 months on 2010 models of the BMW 5 Series, 6 Series, M3, M5, M6, and the 2009 Z4.

Interestingly, the above low interest rates are only for 24 month and 60 month loan terms — nothing for 36 and 48 months.

BMW is also providing a WHOPPING $5000 factory-to-dealer cash incentive on the 2009 BMW 5 Series, and 2009 M5. This could make for some incredible deals on these models.

There are no current incentives on the BMW 7 Series.

There are also no special BMW lease deals at this time. Of course, things could change between now and the end of August.

You can get free 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.