BMW Offering Great Incentives on 2010 Models
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, CarsDirect, and Ryde Shopper 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.
- 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