Instructions on how to get a BMW OL incentive - Ultimate Drive Events UDE

Did you receive the OL code?

Where do you see this? People reported here before that they combined both.

I went last year and I didn’t get an OL code. AFAIK Penfed and OL can be combined. I’m going today to the UDE I will report back in a couple days if I get one.

I got the code on my e-mail yesterday. :slight_smile:

Did you attend the event? or just register for the event?

i attended the event and checked-in at the event. Autcross madness with a M440i.

Yes. I did

Did you get the OL code? What is the expiry on it?

I’m registered for tomorrow but not sure if it’s worth going.

How was the event?

Regarding PenFed and OL codes: They cannot be combined.

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Did you end up going? I got an OL code for attending as well. Also thought it was worth going. You get to drive a decently fast car aggressively and don’t have to worry about anything. Fun experience.

I got the OL today and it expires November 1st 2021, I imagine the expiration date is the same for everyone.

It must be dependent on the market where the event is held. The OL code I received for the event at Tobay Beach in NY is good through Feb 28, 2022.

I see you point but I have doubt about the accuracy of this matrix for couple of reasons:

  1. As I mentioned above multiple people were able to apply both OL and Penfed in their deals. Here are a few of the deals from last few months:

Signed (April 2021): NEW 2021 BMW 540i - $65k MSRP - 12.8% off - 36/10 - $563+tax - $1k DAS - No MSDs - Share a Deal - Leasehackr Forum

Signed 2021 BMW 330i Sedan, CA $447/m $2338 DAS - Share a Deal - Leasehackr Forum

2021 BMW 330e New - $50k MSRP - $480/mo Fist Month DAS - Owner’s Choice TX - Share a Deal - Leasehackr Forum

2020 BMW X2 Premium Package - Retired Loaner $405/month with $405 DAS - Share a Deal - Leasehackr Forum

SIGNED: 2020 BMW 330ix Demo - $52.5K MSRP - Effective Monthly $407 w/tax $0 Drive Off 36/10 - $14,652 One Pay - Share a Deal - Leasehackr Forum

Signed: NEW 2021 BMW M550i - Bernina Grey - $85k MSRP - 10% off - 36/10 - $821+tax - $1k DAS - NO MSDs - Share a Deal - Leasehackr Forum

2021 BMW 330i - dealership offer lease price - Ask the Hackrs - Leasehackr Forum

  1. It’s stated in my corporate fleet certificate that fleet cannot be combined with conquest but it’s stated otherwise in the matrix:

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I mis spoke. I meant to say same for every person at that event.

You cannot combine PenFed with OL code. I’ve confirmed with multiple dealers.

Anyone who claims otherwise probably had a dealer just apply an extra $500 off, or the dealer ended up eating the $500 once the deal was finished processing on the backend.

Some recent discussion here:2021 BMW 540xi $77K MSRP $645/M $2400DAS - #16 by IAC

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@ZZAutoDeals @Bluemkn57cars

Was it one of you guys who applied both and they were also shown as incentives not discount on your contract?

I’ve had dealers do both. Two times I’ve had dealers apply either $500 or the full $1k OL as an incentive/rebate, and all the other times they have used the OL code to discount the selling price. I’d much rather have the latter though because when they use it as a rebate it gets taxed.

Did you use Penfed and OL at the same time?

Yes in both scenarios. For example, in my 2021 M550i deal below, I used both PenFed and OL and they applied both as rebates:

In the 2021 540i deal I helped negotiate, they applied PenFed as a rebate and OL as a discount off selling price:

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So does it vary by dealer or what (they just eat the $500)? So many conflicting info here.