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      11-25-2022, 05:16 PM   #1
AlteBMW
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BMWFS November terms

For those of you who have picked up, can you share whether there are any deals being given by BMW? The BMWFS site has a lease offer that involves a dealer contribution of $2240 but that is not mandatory and terms for purchase other than a 4.79% rate are not there at all. I'm picking up Monday and was told I'd get the best deal BMW offered but you know what they say about dealers and telling the truth . . . Thanks
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      11-25-2022, 11:35 PM   #2
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Here is a relevant thread on the Edmunds forum: https://forums.edmunds.com/discussio...als-and-prices

Looks like a 0.00210 MF, and 50%, 52%, and 54% for 15k, 12k, and 7.5k miles per year respectively.
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      11-26-2022, 12:03 PM   #3
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Originally Posted by frankchn View Post
Here is a relevant thread on the Edmunds forum: https://forums.edmunds.com/discussio...als-and-prices

Looks like a 0.00210 MF, and 50%, 52%, and 54% for 15k, 12k, and 7.5k miles per year respectively.
I'm not sure Edmunds is up to date. They didn't pick up what is on the website which includes a dealer contribution. A discount?! The best way to confirm is with someone who has actually bought or leased.
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      11-26-2022, 12:22 PM   #4
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Quote:
Originally Posted by AlteBMW View Post
Quote:
Originally Posted by frankchn View Post
Here is a relevant thread on the Edmunds forum: https://forums.edmunds.com/discussio...als-and-prices

Looks like a 0.00210 MF, and 50%, 52%, and 54% for 15k, 12k, and 7.5k miles per year respectively.
I'm not sure Edmunds is up to date. They didn't pick up what is on the website which includes a dealer contribution. A discount?! The best way to confirm is with someone who has actually bought or leased.
I just leased and there's no BMW loyalty and definitely no dealer contribution, at least in my case.
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      11-26-2022, 04:08 PM   #5
AlteBMW
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Originally Posted by dimapb View Post
I just leased and there's no BMW loyalty and definitely no dealer contribution, at least in my case.
Yeah I figured that since the dealer contribution is "voluntary" that it was illusory. Thanks.
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      11-26-2022, 11:36 PM   #6
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Quote:
Originally Posted by AlteBMW View Post
I'm not sure Edmunds is up to date. They didn't pick up what is on the website which includes a dealer contribution. A discount?! The best way to confirm is with someone who has actually bought or leased.
The BMWFS deals on the website is irrelevant since, as you correctly noted, most dealers won't do any dealer contribution (aka discounts) right now.

I think the base money factor and the residual percentages are accurate, and those are the only things that are relevant if you are buying at MSRP without any other discounts.
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      11-29-2022, 04:14 PM   #7
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Terms yesterday was 4.59% (top tier) for 60 months. No loyalty, no nothing. Some minor throw ins by dealer but sale was at MSRP. Loyalty may get you MSRP and not a premium, but if you've negotiated decent discounts in the past, fugedabout it.
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