Good BMW Deals in November – Best Deals
BMW has announced new incentives and deals for November — actually November through December until 1/04/2010.
Overall the BMW deals are very good, especially on the 2009 models. However, in most cases, the new 2010 models also get good incentives, just not quite as good as the 2009s.
As usual, BMW’s incentives are a bit unusual with some odd variations. Although the company doesn’t often (hardly ever) offer direct factory-to-customer rebates, they are doing it in this round of incentives. The rebates are called “Holiday Credit Cash” and are either $1500 or $2500, depending on the model. Furthermore, most but not all models get the special rebate. In order to qualify for the rebate, the vehicle must be financed or leased through BMW Financial Services.
Most models, including 2010 models, also get low-interest loan deals, which can be combined with the “Holiday Credit Cash.” Although there are some very low interest rates being offered, all for 24/60 months, there are no 0% loan deals in this incentive program from BMW. The best rates are, of course, on 2009 models. Rates range from 0.9% APR (2009 6-Series and M6), 1.9% ( 2009 Z4 and some 7-Series), 2.9% (2009 M3 and X3), 3.9% (2009 3-Series, 2009 and 2010 5-Series, 2010 X3, 2010 Z4), to 4.9% (2010 3-Series, 2010 6-Series, 2010 7-Series, 2009 and 2010 X5, 2009 and 2010 X6).
For a few select models, BMW is providing dealers with factory-to-dealer cash with which the dealer can discount prices on those models, although in some cases the discounts can be restricted, for example, by not being allowed if the customer also wants the special loan interest rate also being offered. This is true for the $2500 dealer cash on the 2009 3-Series and M3. However, the 6-Series and M6 get a whopping $6000 dealer cash deal that can be combined with a very nice 0.9% APR loan rate for either 24 or 60 months.
Overall, these deals are well worth considering if you are in the market for a BMW. In fact, these are some of the best deals we’ve seen from the company this year.
You can get free dealer price quotes on any BMW vehicles from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.
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[...] has also just announced new incentives for November and December (see Good BMW Deals). In fact, these are some of the best deals we’ve seen from the company this [...]