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F10 / F11 (2011 - Current)
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  #1  
Old 07-14-2013, 07:38 PM
VaRanger VaRanger is offline
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Question on Best Purchase Dates

I want to buy a new 2014 5-series and was wondering what the best date(s) are to look forward to making the purchase with the best discount.

Does B&W offer discounts at standard times of the year? For example, around end of December or other dates?

thanks
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  #2  
Old 07-14-2013, 08:02 PM
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Sonicendeavor Sonicendeavor is offline
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Quote:
Originally Posted by VaRanger View Post
I want to buy a new 2014 5-series and was wondering what the best date(s) are to look forward to making the purchase with the best discount.

Does B&W offer discounts at standard times of the year? For example, around end of December or other dates?

thanks
Unless you want to wait until the 2014 model close out late next year, you just need look at the deals offered each month. BMW is currently running a Drivers Experience program that will get you a $1,000 coupon good through October 2013. I got pricing on my 2014 well below invoice and have the $1,000 coupon on top of that, so there was no reason to wait. There's a $750 Loyalty coupon available as well.
Interest rates are starting to climb slightly so keep an eye on that as well.
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Last edited by Sonicendeavor; 07-14-2013 at 08:03 PM.
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  #3  
Old 07-14-2013, 08:37 PM
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jagu jagu is offline
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December is usually a good time to buy because of the holiday sales push.
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  #4  
Old 07-16-2013, 10:44 PM
Bmwlvr60 Bmwlvr60 is offline
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December is typically the best month.
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  #5  
Old 07-17-2013, 12:05 AM
mikebike1 mikebike1 is offline
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November December are generally the best months but this month loyalty rebate is $1,000 with no lease cash and the residual being a bit low payment wise it could be better but with the drive event coupon shouldn't be too bad
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  #6  
Old 07-17-2013, 04:50 AM
SHNNGNS SHNNGNS is offline
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Question on Best Purchase Dates

Now is not the time for a great price on a 2014. Right now the great deal is a 2013 with build out cash, loyalty rebates, higher residuals, lower rates, etc. Inventory of 13's are pretty heavy right now too. You may want to check as early as December but probably be looking into next year for the best price on a 14.


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  #7  
Old 07-17-2013, 10:14 AM
sb535 sb535 is offline
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Originally Posted by SHNNGNS View Post
Now is not the time for a great price on a 2014. Right now the great deal is a 2013 with build out cash, loyalty rebates, higher residuals, lower rates, etc. Inventory of 13's are pretty heavy right now too. You may want to check as early as December but probably be looking into next year for the best price on a 14.


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agree i think sonic is the exception to the rule. From what I have seen on other posts people are paying pretty close to invoice to order a 14 this early in the production cycle. another option would be to wait until June/July of next year when they clear out the 14s to make way for the 15s
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  #8  
Old 07-19-2013, 11:03 PM
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You can probably get great deals now on remaining 2013s as the 2014s are being produced but haven't arrived yet. If you can wait until December, you can get great deals on remaining 2014s. Are there any deal breaking features you are waiting for on the 2014s?
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  #9  
Old 07-20-2013, 01:18 AM
DavidNJ DavidNJ is offline
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Actually, in theory, on a lease, now should be the best time for a 2014. Reason? The residuals should be highest earliest in the model year. BMW may be taking advantage of this with a special 30 month rate. In 30 months it would be February 2016 and the car would be resold just 2 model years old.

On the other hand, the 2013 is already a model year older. Even if you bought it, unless you kept for 8 years or so, the extra model year depreciation would far outweigh and discount you would receive. The leases are subvented, so BMW could have adjustments at anytime to deal with market conditions. My guess is the spring is the worse time.

On another tack, for resale the 2014 has the midlife styling and feature changes. Sometimes they hold value a little better. However, in this case I think the styling differences are hard to see unless the cars are side-by-side and most buyers will be unaware of the them.

Remember, there are two common misconceptions:

1) There are better prices are the end of the model year. Reality, your price for a car is the difference between what you buy it for and what you sell it for. Dealers rarely have more than a few percent difference in extra end of year incentives. The cars, pre-built, are often the ones other people didn't want. Meanwhile, the model year-to-model year depreciation doesn't get that small until year 6, 7, 8. Usually depreciation is 15%-20%/year of the current market value.

2) High mileage cars should be bought and not leased. Reality is just the opposite. A 5-series class car could be hit with 35-40/mile charge for extra mileage on a trade. On a lease, it is often built in for 25/mile.
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  #10  
Old 07-20-2013, 04:49 AM
SHNNGNS SHNNGNS is offline
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Question on Best Purchase Dates

Actually, leases on 2013 are better on13's not 14's right now. The 13 has a higher residual, lower money factor, and build out cash. I work at a dealer and also took delivery of my F10 on Thursday.... It's that good of a deal!


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  #11  
Old 07-20-2013, 07:03 AM
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Quote:
Originally Posted by SHNNGNS View Post
Actually, leases on 2013 are better on13's not 14's right now. The 13 has a higher residual, lower money factor, and build out cash. I work at a dealer and also took delivery of my F10 on Thursday.... It's that good of a deal!


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What are the residuals on the 2013? I thought they were the same as the 2014s.
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  #12  
Old 07-20-2013, 08:09 AM
CTSoxFan CTSoxFan is offline
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The residual I believe is 1% higher, but when you add the build out cash of $1500, that is like the equivalent of another ~2% on the residual.
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  #13  
Old 07-20-2013, 08:23 AM
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dunderhi dunderhi is offline
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Re: Question on Best Purchase Dates

For BMW, I would say December is the best time to buy due to large holiday incentives, but lease rates are usually adjusted to lessen some of the incentive value. As far as leasing, it is usually hit or miss month to month model by model. Personally, I like to lease in December with the hope of the incentives carrying forward and catching a better lease rate in Jan, Feb, or Mar.
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  #14  
Old 07-20-2013, 09:13 AM
SHNNGNS SHNNGNS is offline
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Question on Best Purchase Dates

One thing I forget to explain. 528 residuals are 1% higher on 13 then 14, 535 residuals are the same. 528 rates are lower on 13 then 14, 535 are the same. 550 residuals are 2% higher for 2014 then 13. Hope this helps.


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  #15  
Old 07-20-2013, 01:42 PM
zoombie99 zoombie99 is offline
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Question on Best Purchase Dates

Quote:
Originally Posted by Sonicendeavor View Post
Unless you want to wait until the 2014 model close out late next year, you just need look at the deals offered each month. BMW is currently running a Drivers Experience program that will get you a $1,000 coupon good through October 2013. I got pricing on my 2014 well below invoice and have the $1,000 coupon on top of that, so there was no reason to wait. There's a $750 Loyalty coupon available as well.
Interest rates are starting to climb slightly so keep an eye on that as well.
Are you trying to tell us you got a 14 less than invoice before the credits?


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  #16  
Old 07-20-2013, 06:15 PM
neilsarkar neilsarkar is offline
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Question on Best Purchase Dates

Quote:
Originally Posted by dunderhi View Post
For BMW, I would say December is the best time to buy due to large holiday incentives, but lease rates are usually adjusted to lessen some of the incentive value. As far as leasing, it is usually hit or miss month to month model by model. Personally, I like to lease in December with the hope of the incentives carrying forward and catching a better lease rate in Jan, Feb, or Mar.
+1. I locked in the December rate, but finally signed paper with February rate since the incentives were even better in Feb.


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  #17  
Old 07-21-2013, 08:13 AM
Alpine300ZHP Alpine300ZHP is offline
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Question on Best Purchase Dates

Quote:
Originally Posted by dunderhi View Post
For BMW, I would say December is the best time to buy due to large holiday incentives, but lease rates are usually adjusted to lessen some of the incentive value. As far as leasing, it is usually hit or miss month to month model by model. Personally, I like to lease in December with the hope of the incentives carrying forward and catching a better lease rate in Jan, Feb, or Mar.
Same here. Most of my cars are purchased Nov-Dec.


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  #18  
Old 07-21-2013, 08:14 AM
Alpine300ZHP Alpine300ZHP is offline
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Question on Best Purchase Dates

Quote:
Originally Posted by jagu View Post
What are the residuals on the 2013? I thought they were the same as the 2014s.
No. Support is still behind the leftover 13's.


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