The numbers are just starting to trickle down for this month today, and these guys are west coast dealers. Be a little patient. Leasehackr isn’t their first priority.
With Costco incentives makes me eager to lease one right now. And I mean NOW.
it’s only an additional 500 bucks or roughly 14 bucks before tax + interest over a 36 month term, and is similar to Fleet. It’s not earth shattering.
Programs released today in the SOUTHERN Region.
New Type-G guidelines released. (Corporate fleet discount)
Alumni, and students are no longer available for Fleet discounts using their schools. Employees only.
See more details below.
Any changes to the demo/loaner leases? E.g. applicability of fleet, change in residual calculation, etc?
Oh!! Yes!!
You can now combine corporate fleet incentive with any loaner under 4,999 miles.
Can also combine with BMW CCA, and College grad.
Corporate fleet incentive is now $500 across the board (Lease/Finance/Cash)
i3 is only exception on Finance/cash - $10,000
Cannot be combined with M2, M2 Competition, M3CS, M4CS, M5 Competition
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Thanks for sharing . Any updates from BMWFS for the Eastern Region?
Can you shed some more light on the MF for some dealers that has gone from .00166 to .00187
Holy moly. 4.4% interest. We aren’t in Kansas anymore…
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Totally forgot to mention that.
All buy rates in my region have increased from .00166 to .00187.
Do not have a reason why they did this.
If someone from the West or Eastern region can also confirm that as well please do so!
They all keep creeping them up. Yukon is over 6% on 24 mo and 5 on 36. Long gone are the 1% finance rates for the time being for many of the brands.
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ALSO LEASE INCENTIVES HAVE CHANGED:
SOUTHERN REGION ONLY*****
---------------MY2018:
2 series (Excluding M2) - $2,500
3 Series - $3,000
330e - $5,000
4 Series - $3,000
5 Series (Excluding M5) - $1,000 ($1,000 conquest)
No lease credit on 6 & 7 Series. ($2,000 for 7 Series)
X1 - $1,000 ($1,000 Conquest)
X2 Sdrive - $1,750 ($1,000 Conquest)
X2 Xdrive - $2,750 ($1,000 Conquest)
X3 - No lease credit ($1,000 Conquest)
X4 - $2,000 ( $1,000 Conquest)
X5 (Excluding X5M) - $1,000
X5xDrive40e - $2,750
X6 - $3,000 ($1,000 Conquest)
i3 - $7,500
--------MY 2019
2 series (Excluding M2) - No lease credit
3 Series - No lease credit
4 Series - $1,500
5 Series (Excluding M5) - No lease credit ($1,000 conquest)
No lease credit on 6 & 7 Series. ($2,000 Conquest on 7 Series)
X3 - No lease credit ($1,000 Conquest)
X4 - No lease credit ($1,000 Conquest)
X6 - No lease credit ($1,000 Conquest)
i8 - $2,465
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Loyalty discount remains unchanged.
I am almost positive BMW residuals and interest are national. Only the model specific lease cash and loyalty incentives are regional.
Example…x3 conquest is 1500 in western PA
Brutal. 202020202020
So the lease credit on the 5 series is $1000 and there is an additional conquest incentive of another $1000?
That is correct.
I also believe there is a conquest discount of $2,000 on the 7 series.
The original post has been edited.
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Amazing, the X5 40e has gone from $5000 to $3750 to $2750 in a few short months, yikes.
Was hoping for X5 40e deal soon… guess that won’t happen anymore… 