BMW Offers $5,000 Hidden Dealer Incentive on 5 Series
BMW has generally avoided giving out cash rebates in order to retain its luxury image. But that doesn't stop them from doling out hidden dealer incentives, which can be passed on to the customer through lower negotiated prices.
This is what they're doing with the 2009 BMW 5 Series and M5. There is now a $5,000 hidden dealer incentive on these models which means the dealer will get $5,000 from BMW if they sell you these models.
The dealer can choose to keep all the money, or, as in most cases, they will pass some or most of the incentive to the customer by lowering the purchase price.
In addition to the hidden incentive, BMW is offering 2.9% financing for 24 and 60 month loans on the 5 series and M5.
If you've been looking into buying a 2009 BMW 5 Series or M5, now is the perfect opportunity to get the best deal.
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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
About The Author
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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