BMW Offering Great Incentives on 2010 Models
BMW is known for creating exceptional vehicles. Now, the same can be said of its incentives.
The Bavarian automaker has come out with a variety of new incentives for June 2010 - low-interest loans, "loyalty" cash, special promotional leases, and factory-to-dealer cash.
For low-interest loans, BMW offers 0.9% APR for 24 months or 2.9% APR for 72 months for the 335i xDrive, or 1.9% APR for 72 months for previous BMW customers from the last 12 months.
Similar low-interest rates are available on many other models and styles.
As for special lease deals, it's across the board for 2010 models: 1-Series, 3-Series, 5-Series, 6-Series, 7-Series, X3, X5, X6, and Z4. (Note: no special leases on new 2011 models.)
For loyal lease customers, BMW is offering "Owner Loyalty Bonus Cash" on selected models. The amount is typically $1,500.
Finally, BMW is providing dealers hidden rebates called "Build-Out Cash," which can be significant, especially on higher priced BMW models.
For example, the 2010 BMW Z4 gets $3,500. The 2010 BMW 5-Series gets $6,000. And the 2010 BMW 6-Series gets a whopping $10,000! Sweet discounts on sweet cars!
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise, 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.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- 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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