BMW Incentives and Lease Deals for May 2023
BMW had been cutting back on incentives in recent months, making their leases generally less competitive by raising the interest rates and lowering the residual values.
BMW does not currently offer any cash back rebates, but when it comes to leases, the 2023 BMW 4 Series and 5 Series offer Excellent value. The worst lease deals are on the 2024 BMW X5 M and 2024 X6 M, you'll want to stay away from leasing these models.
Incentives can vary a lot by region. Always verify with your local dealers - I recommend using TrueCar to quickly get local pricing and incentives.
Best Bmw Deals
BMW Lease Deals Summary
BMW lease deals over the past year have averaged $1,145 per month with $0 down, while the average 'Bang for Buck' was 66.
Current payments for BMW leases in May average $1,129 per month, which is 1% less expensive than the average over the past 12 months, and 7% less expensive than the year ago high of $1215
Best Current BMW Lease Deals May 2023
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| BMW 4 Series 2023 | $54,345 | $607 /mo | Excellent | Multiregion | |
| BMW iX Electric 2024 | $90,595 | $1,148 /mo | OK | Nationwide | |
| BMW iX Electric 2023 | $87,995 | $1,134 /mo | OK | Nationwide | |
| BMW 5 Series Plug-in Hybrid 2023 | $62,345 | $829 /mo | OK | Multiregion | |
| BMW 5 Series 2023 | $65,645 | $893 /mo | OK | Multiregion | |
| BMW M3 2023 | $77,495 | $1,099 /mo | OK | Multiregion | |
| BMW 8 Series 2023 | $114,895 | $1,624 /mo | OK | Nationwide | |
| BMW 3 Series 2023 | $82,045 | $1,180 /mo | OK | Multiregion | |
| BMW 2 Series 2023 | $51,095 | $735 /mo | OK | Nationwide | |
| BMW 3 Series Plug-in Hybrid 2023 | $49,495 | $717 /mo | Poor | Multiregion | |
| BMW M5 2023 | $117,295 | $1,724 /mo | Poor | Multiregion | |
| BMW X3 2023 | $63,845 | $941 /mo | Poor | Multiregion | |
| BMW Z4 2023 | $66,295 | $994 /mo | Poor | Nationwide | |
| BMW M4 2023 | $77,645 | $1,183 /mo | Poor | Multiregion | |
| BMW X4 M 2023 | $82,295 | $1,256 /mo | Poor | Nationwide | |
| BMW X3 M 2023 | $80,195 | $1,216 /mo | Poor | Multiregion | |
| BMW X4 2023 | $69,045 | $1,050 /mo | Poor | Multiregion | |
| BMW M8 2023 | $147,495 | $2,226 /mo | Poor | Nationwide | |
| BMW 7 Series 2023 | $120,295 | $1,847 /mo | Poor | Nationwide | |
| BMW X1 2023 | $44,145 | $680 /mo | Poor | Multiregion | |
| BMW X5 Plug-in Hybrid 2024 | $75,995 | $1,196 /mo | Poor | Multiregion | |
| BMW X7 2024 | $111,795 | $1,785 /mo | Poor | Nationwide | |
| BMW X6 2024 | $95,395 | $1,510 /mo | Poor | Nationwide | |
| BMW X5 2024 | $91,295 | $1,450 /mo | Poor | Nationwide | |
| BMW X6 M 2024 | $131,295 | $2,157 /mo | Poor | Nationwide | |
| BMW X5 M 2024 | $126,395 | $2,080 /mo | Poor | Nationwide | |
Best BMW Finance Deals
| Vehicle | 60 mo | Deals |
|---|---|---|
| 2024 BMW iX Electric | 2.99%
+$2,000 |
|
| 2023 BMW iX Electric | 2.99%
+$2,000 |
|
| 2023 BMW 4 Series | 3.99% |
Best Bmw Deals
Incentives By Make
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Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
