Loyalty Program

[toni8284]

Hi,

I read something about loyalty program, and I asked my dealer to apply this to my 1M order.

But the dealer told me "There are no loyalty programs available on the 1m"

But I just find it on the BMWUSA.com.

Has anyone got this when you order your 1M?

Thank you




SPECIAL OFFERS EXCLUSIVELY FOR RETURNING BMW OWNERS.

BMW has always had a passion for performance - and for our customers. To thank returning BMW drivers, we're proud to announce a variety of exclusive financial offers1, including:

• A 1% APR Reduction
• Special Lease Offers
• $1,000 in savings

Simply contact your local BMW Center to learn which offer is best for you. Of course, every new BMW comes with the reassurance of BMW's Ultimate Service® Program. Enjoy the piece of mind of no-cost maintenance on scheduled service inspections and virtually all wear and tear items for four years or 50,000 miles.2 Such valuable coverage can save you a potential average of $1,768 in savings annually, compared to other luxury vehicle makers.3

[hooner35]

According to my dealer, there IS.
You have to meet these 2 conditions.
1. Your previous BMW was financed by BMW financial.
2. Your 1M has to be financed by BMW financial.

Originally Posted by toni8284

Hi,

I read something about loyalty program, and I asked my dealer to apply this to my 1M order.

But the dealer told me "There are no loyalty programs available on the 1m"

But I just find it on the BMWUSA.com.

Has anyone got this when you order your 1M?

Thank you




SPECIAL OFFERS EXCLUSIVELY FOR RETURNING BMW OWNERS.


BMW has always had a passion for performance - and for our customers. To thank returning BMW drivers, we're proud to announce a variety of exclusive financial offers1, including:

• A 1% APR Reduction
• Special Lease Offers
• $1,000 in savings

Simply contact your local BMW Center to learn which offer is best for you. Of course, every new BMW comes with the reassurance of BMW's Ultimate Service® Program. Enjoy the piece of mind of no-cost maintenance on scheduled service inspections and virtually all wear and tear items for four years or 50,000 miles.2 Such valuable coverage can save you a potential average of $1,768 in savings annually, compared to other luxury vehicle makers.3

[tkbr0wn]

Yep, I tried as well. You have to finance with BMW and their rates are terrible. I didn't do the math, but I assume the savings of 1.9% vs 3.9% is greater than $1000

[Franklin Joseph]

i got the 1% loyalty discount on my 1M (my X5 is financed thru BMW)

I got the final rate of 2.9%.

So ask your dealer to check with BMW if they still say no.

[toni8284]

But the terms doesn't say I have to be on BMWFS for the 1M.

My previous 135 is with BMWFS, but not for the 1M.

[EINSER M]

your previous BMW FS also has to be within the last 6 months. I wanted to finance with BMW FS the 1M because their select gave out a higher residual but in spite of being a 6x BMW FS previous customer in the last 10 years they woudlnt give me the damn 1% loyalty because my previous account was 13 months old.

[toni8284]

Originally Posted by kirkx5m

your previous BMW FS also has to be within the last 6 months. I wanted to finance with BMW FS the 1M because their select gave out a higher residual but in spite of being a 6x BMW FS previous customer in the last 10 years they woudlnt give me the damn 1% loyalty because my previous account was 13 months old.

My last payment for 135 is Jun 2011 to payoff.

So I should be qualify.

[toni8284]

I dont care about the 1% APR.

What I care is $1000.

[analogue]

Originally Posted by Franklin Joseph

i got the 1% loyalty discount on my 1M (my X5 is financed thru BMW)

I got the final rate of 2.9%.

So ask your dealer to check with BMW if they still say no.

Was that for 36 months? Seems like their advertised rates are 3.9 for 36mo and 4.9 above that before the loyalty discount.

[Franklin Joseph]

Originally Posted by analogue

Was that for 36 months? Seems like their advertised rates are 3.9 for 36mo and 4.9 above that before the loyalty discount.

yup 36 months.

[rutlab]

I got the 1,000 loyalty cash on my 1m just last week. I was pleasantly surprised by that revelation!

[Das Ein]

Originally Posted by rutlab

I got the 1,000 loyalty cash on my 1m just last week. I was pleasantly surprised by that revelation!

...and you HAD to finance through BMW to get the cash? Or were you just a previous BMW finance customer?

[Franklin Joseph]

Originally Posted by rutlab

I got the 1,000 loyalty cash on my 1m just last week. I was pleasantly surprised by that revelation!

Bah i didnt get that. I wonder if its either $1k or 1% off...hmm.

[tkbr0wn]

Anyone with good credit could get 2.49 from penfed until yesterday for up to 60 months.

[toni8284]

Originally Posted by tkbr0wn

Anyone with good credit could get 2.49 from penfed until yesterday for up to 60 months.

You can still get 2.49 in Sep too.

That's what I am planning to do...

Or, I might go with my PNC Bank with 2.5 for 60 months

[toni8284]

So my next question is who give the $1000 out?

BMWNA or BMWFS?

[rutlab]

I did have to finance with BMWFS to get this, but I had a lease turn in so i was going to finance with them anyways to wave the 350 fee. I am in between the idea of just paying it off or refinancing with Penfed.

[tkbr0wn]

Navy federal @ 1.99 is the best bet, but they are stricter than PenFed about who can get in.

[rutlab]

Penfed is at 1.99 now for up to 48 months as well.

[tkbr0wn]

Yes, but you can get an extra 12 months at navy fed @1.9

[lhsa]

i heard the loyalty discount previously required financing or leasing with BMWFS, but was recently changed to include any BMW owner. dunno if it's true.