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06-02-2009, 12:20 PM | #2 |
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nope...a couple hours before they are released.
cpo rates come first...then new cars...
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06-02-2009, 12:33 PM | #3 |
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how are the lease rates these days? They were great last year Oct/Nov time when I locked in (or at least they were "good")
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06-02-2009, 01:00 PM | #4 |
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06-02-2009, 02:20 PM | #5 |
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Looks like the rate went up to 2.9% on the 135i for this month. Glad I locked in at 1.9%
http://www.bmwusa.com/standard/conte...r/default.aspx |
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06-02-2009, 02:21 PM | #6 |
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yerp...
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06-02-2009, 08:24 PM | #9 | |
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Quote:
On a side note, Scripto, since our cars will most likely be here towards the end of June. Is is possible to leave them a few extra days and see what the July rates are before we pick them up?
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2009 135i Coupe, 6 Speed MT, Black Sapphire Metallic, Black Leatherette, High Gloss Black Trim, Sports Package, BMW Assist, iPod/USB Adapter, Heated Seats | Ordered: 5/18/09 Completed: 6/2/09 Shipped: 6/11/09 Delivered: 7/2/09
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06-02-2009, 08:46 PM | #10 | |
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I was hoping BMW was going to lower the rate back down to 0.9% and do the first to payments free thing again, that would have been awesome! But I'm not so sure our cars will be here by the end of the month, we may be waiting until the first of July anyway... |
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06-02-2009, 11:41 PM | #12 |
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Drives: 128i Coupe 6MT
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Location: Montreal
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Looks like the same lease and finance rates in Canada as last month. They just changed the promo expiration date to June 30 instead of June 1.
http://www.bmw.ca/ca/en/insights/spe...al_offers.html |
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06-03-2009, 10:31 AM | #15 |
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The rate bump doesn't surprise me, summer is peak car selling season, and BMW has pulled production to get it in line with demand. I wouldn't expect the rates to get better until at least October during the push to clear the '09 stock from the lots.
It's always best to take delivery during the last 10 or so days of the month, as BMWNA often adds incentives if sales are way down from their targets. Congrats to all of the expectant owners. |
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06-03-2009, 10:47 AM | #16 |
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Do you have any examples of this? When was the last time it was done? Thanks in advance.
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2009 135i Coupe, 6 Speed MT, Black Sapphire Metallic, Black Leatherette, High Gloss Black Trim, Sports Package, BMW Assist, iPod/USB Adapter, Heated Seats | Ordered: 5/18/09 Completed: 6/2/09 Shipped: 6/11/09 Delivered: 7/2/09
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06-03-2009, 10:59 AM | #17 |
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I got screwed on this, I ordered mine at the end of May, but couldn't get the 1.9% because I'm not taking ED until August so the 60 day period would have been up...
What a burn |
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06-05-2009, 10:45 AM | #18 | |
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I went through this back in February when I bought my car. They had $1000 in lease cash available in January plus the great MFs/residuals, but I couldn't get my schedule worked out to get to PA. In Feb they kept the rates but dropped the cash. I was bummed but still thinking about getting the car anyway. Then around the 20th they added a $750 incentive back in. My CA called to tell me, I faxed in the buyer's order, gave him a CC#, and was on the plane a few days later. The rebate only swung my lease payment $20 a month or so, but it got me to the point where I knew I would never have a chance to get as good a lease deal on a 1 again. So far that's been true. The incentive levels, like most things in the car biz, all revolve around days supply of inventory ("moving the metal" as they say in the biz). If sales are off target, BMWNA will sweeten the pot to get cars off the lot. I think the sweet spot to buy a lot car is between the 20th and month end, at that point the dealer will generally have the most factory money to work with that they're going to have. At that point you can jump, or roll the dice and hope that the incentives get better. Right now I'd be surprised if anything much better came along until the end of the model year, I don't get the impression that dealer lots are really flooded with 1s. Keep in mind this is all for cars taken from stock, ordered cars generally aren't eligible for these rebates, although occasionally you will see an incentive that is lockable for an ordered car (like the recent loyalty cash). Hope that helps, GL and I hope you get your ride. |
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