BMW Offers "Hidden" Deals for March and April
Luxury makers pride themselves on appealing to buyers who are willing to pay a premium for a quality automobile, but unfortunately the financial crunch hasn't been kind to BMW.
That may be good news for car shoppers considering a less expensive, upmarket vehicle but would really prefer a German car. The automaker is offering a variety of incentives, though they aren't making waves about it.
For example, if you can afford a 24-month loan on a BMW 128i, 135i, or 335i coupe, you can expect an APR of 0.9 percent plus between $1,500 and $2,500 cash back. Monthly lease payments for the three range between $339 and $419, depending on options and model.
Higher end BMWs are also getting a healthy bump from the manufacturer to promote sales. The 550i is eligible for $2,500 cash back and a 2.9% APR. But savvy buyers can also take advantage of knowing that dealers will make $6,000 on each sale during negotiations.
The 650i coupe is another BMW that may offer potential buyers room to negotiate. $10,000 in dealer cash could provide a great starting point for haggling, and the 2.9% APR rate is good for up to five years.
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
New York Tri-State Residents - Important:There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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