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BMW Incentives for September and October 2009

BMW RebatesBMW recently announced new dealer incentives that are good for September and October 2009.

As usual, the incentives are in the form of low-interest loans and hidden dealer cash for select models. Dealers typically use the cash to create price discounts for customers. You will usually find the dealers more likely to use the incentives as the month rolls on (the closer to the end of the month, the more likely the incentives get used to keep sales going).

There are no cash rebates or any special lease deals being offered presently.

Low-interest loan rates for 2009 models are as follows:

0.9% for 24-60 months (6-Series and M6)
1.9% (3-Series)
3.9% (5-Series and M5)
5.9% (X5)

Other models, including new 2010 models, also have special loan rates.

Some BMW models have excellent hidden dealer cash that translates into good price discounts. The BMW 3-Series sedans receive $1840 back from BMW, the 5-Series and M5 sedans get $2500, the diesel X5 35d gets $4500 and the 6-Series and M6 get $6000 in factory cash.






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).
Select Vehicle to Get Local Pricing

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

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About The Author

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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