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2Addicts | BMW 2-Series forum BMW 2 Series (F22) Forum 2 Series Pricing, Ordering, European Delivery $1000 option Allowance for May

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      05-01-2014, 07:33 AM   #1
Deso
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$1000 option Allowance for May

BMWUSA lists a 1k option allowance for May. I'm glad my ship was delayed.
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      05-01-2014, 07:45 AM   #2
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I just saw that too. That's great news for those who have waited a little. It's both the 228i and M235i, plus all of the 4 series too including the convertibles. I guess they'll try and clear the '14 inventory before the '15s go into production soon.
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      05-01-2014, 07:53 AM   #3
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I'm assuming if you've already made your deal and the car is in production, you can't renegotiate your deal given the incentives? any guidance on this?
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      05-01-2014, 07:56 AM   #4
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When I made my deal I told them I want any future incentives offered by BMW before I take delivery. Until you take the car you can renegotiate. This is money from BMW so the dealer should be willing to work with you.
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      05-01-2014, 08:04 AM   #5
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When you put a deposit down you lock in the deal at current terms, but you can / will get anything better that comes out until you actually take the car. For instance, a good dealer will do the following:

Lock in at Jan .0013 MF
Feb dips, lock in at .0012
Up in March to .0014 when car is delivered

You should theoretically get the best deal for the duration of the time between order and delivery, but you need to stay on top of them.
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      05-01-2014, 08:06 AM   #6
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If car is not in production yet (have prod# but still waiting) can I get this incentive??
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      05-01-2014, 08:08 AM   #7
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edit: Nevermind, I see it. This is great.. makes the production delay kind of worth it!.. if my dealer comes through.
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      05-01-2014, 08:20 AM   #8
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Quote:
Originally Posted by BEM-S4 View Post
When you put a deposit down you lock in the deal at current terms, but you can / will get anything better that comes out until you actually take the car. For instance, a good dealer will do the following:

Lock in at Jan .0013 MF
Feb dips, lock in at .0012
Up in March to .0014 when car is delivered

You should theoretically get the best deal for the duration of the time between order and delivery, but you need to stay on top of them.
thanks! emailing my CA today.
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      05-01-2014, 08:23 AM   #9
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Can someone provide a link of this $1000??
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      05-01-2014, 08:24 AM   #10
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Quote:
Originally Posted by ska325xi View Post
Can someone provide a link of this $1000??
http://www.bmwusa.com/standard/conte...regiontypeid=1
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      05-01-2014, 09:07 AM   #11
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Rates are lockable for 90 days on the west coast and 60 on the east, if I am not mistaken. Incentives that come out during that time can be used, but you cannot mix and match. IE you cannot do march rates with may incentives. Package deal.
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      05-01-2014, 09:24 AM   #12
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If you ordered in April and it is delivered in June you get to choose the April OR the May OR the June incentive.
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      05-01-2014, 09:25 AM   #13
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I'm stoked b/c when the new incentives come out they are always NOT in place of your negotiated deal, they are on top of it.
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      05-01-2014, 09:31 AM   #14
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My sales manager confirmed the $1000 comes right off the top.
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      05-01-2014, 09:32 AM   #15
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Thanks for the info

Im not leasing nor financing thru BMW but below states "purchase, loan, or lease"....i should be good right??

"3.19% Annual Percentage Rate Offer. $1,000 Option Allowance available.
Qualified customers only. Available at participating BMW centers through BMW Financial Services NA, LLC. Applies only to specific models and only for specific model years. 3.19% APR for 36 months available through June 02, 2014. $30.00 per $1,000. Also available, 3.19% APR for 37-72 months.
$1,000 Option Allowance is a credit against the MSRP of the final purchase, loan or lease on a 235i Coupe through June 02, 2014."
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      05-01-2014, 09:36 AM   #16
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Based on the numbers on the website, it looks like residuals are 63% @ 10k miles. They were 60% last month, right? So if money factor is not changed, these could be really good for those leasing.
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      05-01-2014, 09:41 AM   #17
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Quote:
Originally Posted by ska325xi View Post
Thanks for the info

Im not leasing nor financing thru BMW but below states "purchase, loan, or lease"....i should be good right??

"3.19% Annual Percentage Rate Offer. $1,000 Option Allowance available.
Qualified customers only. Available at participating BMW centers through BMW Financial Services NA, LLC. Applies only to specific models and only for specific model years. 3.19% APR for 36 months available through June 02, 2014. $30.00 per $1,000. Also available, 3.19% APR for 37-72 months.
$1,000 Option Allowance is a credit against the MSRP of the final purchase, loan or lease on a 235i Coupe through June 02, 2014."
Option credits are manufacturer incentives, so it shouldn't matter how you pay for the car.
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      05-01-2014, 09:48 AM   #18
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Quote:
Originally Posted by hyperzulu View Post
Based on the numbers on the website, it looks like residuals are 63% @ 10k miles. They were 60% last month, right? So if money factor is not changed, these could be really good for those leasing.
Pretty sure 10K has always been 63%.

I've always seen the following:

60% 15k
62% 12k
63% 10k
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      05-01-2014, 10:04 AM   #19
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Does anyone know how this works?

I have an ED for June, and have yet to pay for anything. Do I simply email the dealer and ask for the 1k to further be applied to my prior-negotiated price(I have >1k in option).
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      05-01-2014, 10:08 AM   #20
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Quote:
Originally Posted by buumer View Post
Does anyone know how this works?

I have an ED for June, and have yet to pay for anything. Do I simply email the dealer and ask for the 1k to further be applied to my prior-negotiated price(I have >1k in option).
Basically. Tell the sales person you heard about May incentives and want to apply the option credit for this month. When you do pay for the car, it will be using May's incentives/rates. Unless June has a better incentive, then use that instead.
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      05-01-2014, 10:09 AM   #21
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Is this incentive only applicable to the "options" if you have "options" on your car? Or am I just misunderstanding the name?
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      05-01-2014, 10:24 AM   #22
///M235i
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Quote:
Originally Posted by ska325xi View Post
Thanks for the info

Im not leasing nor financing thru BMW but below states "purchase, loan, or lease"....i should be good right??

"3.19% Annual Percentage Rate Offer. $1,000 Option Allowance available.
Qualified customers only. Available at participating BMW centers through BMW Financial Services NA, LLC. Applies only to specific models and only for specific model years. 3.19% APR for 36 months available through June 02, 2014. $30.00 per $1,000. Also available, 3.19% APR for 37-72 months.
$1,000 Option Allowance is a credit against the MSRP of the final purchase, loan or lease on a 235i Coupe through June 02, 2014."
You just quoted the exclusion.... it clearly states "through BMW Financial Services NA, LLC." You have to finance/lease thru BMW to get the incentive. And you have to be a qualified customer which means if you are still thru BMW but are sub prime and they factored it out to a subsidary or a partner it is then not the BMW financial and thus if you are sub prime you wouldn't qualify.
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