I’m looking to lease a BMW but currently don’t have loyalty. I wanted to know what BMW considers ownership in order to qualify for the rebate. I’ve considered buying a used/junk BMW car or motorcycle. I’ve also thought about buying a cheap used BMW from the dealership (most have a under 10K section) and then trading that car when I lease the new car.
I’ve seen this topic posted a view times but none of the threads seem to have an answer. Hopefully someone here has attempted this and can provide some light.
I should say this might not be a good idea based on the dollar difference between loyalty and conquest. If you buy a car for $5k you will be in it for $6k after taxes and fees. Then when you trade it in, a dealer will probably offer $2k-$3k. You need to find one for dirt cheap (like $500) to make it worthwhile.
Loyalty incentive comes and goes and it varies in amount on some models. For example it’s 1250 on an X7 right now. I would just work for the best deal possible and not worry about 1k.
Worrying about maximum incentive is like trying to stack up maximum reward points on you credit card. At the end of the day you’ll end up spending more so just don’t do it.
