Below are resources you can use to register for and use OL codes, but I suggest reviewing the most recent comments for the latest information. For more information on BMW leasing, see our BMW Wiki.
OL codes can be obtained by participating in BMW Ultimate Drive Events.
Dealer participation varies. Non-participating dealers may apply an equivalent discount when you mention the OL code. It’s subject to dealer discretion and we aren’t sure how or when OL codes are being generated
OL codes can be used on new vehicles. Some dealers may not accept them on loaners
Some dealers will apply $500 or $1,000 as dealer discount when you mention the OL code
I’m hearing OL codes in most cases can’t be stacked with USAA or Fleet, but this isn’t guaranteed
In some cases, dealers will only offer $500 of the $1,000 (we’re hearing that $500 of the code is a BMW NA rebate and the other $500 comes as a dealer discount). Per @BMW_Dave, OL codes must be provided so the dealer can look them up in their system to confirm validity and apply the $500 BMW NA contribution.
OL code stacks with loyalty and new college grad. For more information on loyalty and college grad, see below:
How is this valid after 3/16? I’ve found at least 2 east coast dealerships that have this page up, but all that’s there is either the same text as your screenshot, or a signup dialog, but no code.