May Incentives Available Early?

All,

Just wanted to double check here. If you go to m.bmwusa.com and then on special offers it shows all kinds of new option allowances available. I haven't heard of most of them yet, so I assume these are new for May.

Very interesting: Z4 has now $2,500 option allowance.

I wish I had clairvoyance capabilities. I will pick up a 128 conv in Munich on June 1. With the new option allowance, the Z4 would have been within $5/month lease payment. What a bummer - almost wish I could not only change options on a car prior to building but the car altogether....

EDIT: Looks like they reverted back to the old "specials". In any case, I did a printout (attached). Let's wait and see what tomorrow brings.

Neat!

Thanks for the heads-up!

$10,000 total in credits on the 7 hybrid...wonder what the lease rates will be! Can you do the $7,500 eco credit, $2,500 option allowance and $1,000 mission to drive together?

Tomorrow we will have access to the details of the months programs..... Looks like it may get interesting !

Financing and lease offers that are good through May 31 are now listed on the BMW website: http://www.bmwusa.com/Standard/Conte...?offer=Leasing

Fine print says option allowance not available in central region. Wonder what states that includes?

Originally Posted by NASA43

Fine print says option allowance not available in central region. Wonder what states that includes?

Adding to this question:
Are option allowances lockable and/or ED compatible?

Originally Posted by NASA43

Fine print says option allowance not available in central region. Wonder what states that includes?

central region includes dakotas east, ohio west and Kansas north

Another lease deal of the year coming up? Z4 or Active 7?

I am going to pickup my car today/tomorrow but I am trying to figure out the new MF and residuals for F30 335i Sedan. When I try and back calculate them from the BMW website I am getting much lower MF's........

Originally Posted by wmo168

Another lease deal of the year coming up? Z4 or Active 7?

My CA has not sold a single Z4 since July of last year (my car), and this is in sunny AZ. I expect some sweet lease deals soon, going to Europe for few weeks in late summer

Originally Posted by Greg@Pacific BMW

Tomorrow we will have access to the details of the months programs..... Looks like it may get interesting !

do tell!! I want my 328!

Originally Posted by scottyt24

do tell!! I want my 328!

Wouldn't get my hopes up too much - so far it feels BMW discriminates incentives according to sales numbers (makes a lot of sense). The new 3 sells well without incentives, that's probably why there is no option allowance for it...
But who knows, maybe the MF/residuals changed for the better even for the new 3? Sponsors, help us out here! :-)

Originally Posted by KlausT

Wouldn't get my hopes up too much - so far it feels BMW discriminates incentives according to sales numbers (makes a lot of sense). The new 3 sells well without incentives, that's probably why there is no option allowance for it...
But who knows, maybe the MF/residuals changed for the better even for the new 3? Sponsors, help us out here! :-)

Important for people to note, not all BMW dealers are doing well. The ones int he Pacific Northwest are actually doing really bad. I was told by one SA that Seattle BMW had their worst month ever in January and this was reiterated by their GM who was very afraid of losing my order when that SA screwed up my build date.

Originally Posted by westcory

I am going to pickup my car today/tomorrow but I am trying to figure out the new MF and residuals for F30 335i Sedan. When I try and back calculate them from the BMW website I am getting much lower MF's........

I agree. I tried to back out of the numbers on the site as well and get some crazy low MFs.

Without knowing the numbers, keep in mind that the lease specials take into account any published incentives (like option credits), and do involve some discount from MSRP from the dealer (as noted in the terms by "Dealer contribution may affect terms").

So you shouldn't use MSRP as the selling price to back out the MF, but rather the discounted selling price that is used to obtain the monthly figure. Unfortunately that amount is not published.

I used the listed prices and even added some to the down payment and the MF still looks like it dropped.

i guess lease rates will probably come tomorrow

I also just tried to back out the MF from a few offers. I tried both 328i and 335i (no allowance) and the 128i ($500 allowance). I used the April residual values for 10k/yr 36M leases.
Here is what I back out for the MFs:
128i: 0.00145
328i: 0.00148
335i: 0.00144

This looks like the new MF is 0.00145. I'd love to see that!

Of course, I might have messed up the calculation. Would be great if someone else could share their results as well.

Just saw the May programs from my local dealer tonight and for the 328i they remained the same as April. 36 months, 15k miles = .0019 and 62% RV.

Originally Posted by daus318

Just saw the May programs from my local dealer tonight and for the 328i they remained the same as April. 36 months, 15k miles = .0019 and 62% RV.

Thanks for sharing. I guess I must have miscalculated somewhere then.

Originally Posted by Greg@Pacific BMW

Tomorrow we will have access to the details of the months programs..... Looks like it may get interesting !

Greg, I ordered my Z4 in March and I am picking it up in May ... am I eligible for the 2500 options credit (lease)?

Originally Posted by KlausT

Thanks for sharing. I guess I must have miscalculated somewhere then.

First offer that I got from several dealers when shopping for a new 328i was 4% of MSRP. If you use that figure, along with the $725 acq fee, plus $2750 down payment, you can get close to their numbers. I used a 65% residual since it is a 10k lease and a mf of .0019. Selling price of $37,800 (~4% of MSRP) and get a payment before taxes of $402.

Originally Posted by scottyt24

First offer that I got from several dealers when shopping for a new 328i was 4% of MSRP. If you use that figure, along with the $725 acq fee, plus $2750 down payment, you can get close to their numbers. I used a 65% residual since it is a 10k lease and a mf of .0019. Selling price of $37,800 (~4% of MSRP) and get a payment before taxes of $402.

Yeah, I didn't think BMW would advertise quotes on their website that involve dealers giving a rebate. But maybe that's what's happening...

Probably best to give Greg, Jon and the other sponsors another day and then learn all the details.