My Take: Here’s a bit of information regarding the BMW 335d, courtesy of Hue.
“BMW is offering a $4,500 “option credit” towards the purchase of a new diesel 3 series or x5. It can be combined with the special rates. It is not considered a rebate because it is taken off the price of the vehicle not off of the bottom line.”
This is a REGIONAL rebate, so your state may not offer this. If it does, I would really recommend that you look into it because the $4500 savings are quite substantial. The MF is around .00250 for the 335d, so its a bit high. The rebate does help, but you should consider some MSDs to lower it a bit.
Check out the new LIST for the recommended leases of the month.
Is this all X5’s or just the diesel?
@jaycee. i’m pretty sure its just for the diesels since this is like a “diesel option credit”.
can the credit be combined with 2.9% finance on purchase?
“BMW is offering a $4,500 “option credit” towards the purchase of a new diesel 3 series or x5. It can be combined with the special rates. It is not considered a rebate because it is taken off the price of the vehicle not off of the bottom line.”
G:
Does it make sense to lease a diesel for 36 months if you have no plan to buy it at lease end?
@supercharger. when it comes to cars with high residual values and money factors, you usually want to just lease it and turn it in, even if you get the rebate. The only exception would be if the bank offers an interest rate that is lower than the mf and allows you to use the rebate, I’d rather buy it.
Here’s the official $4500 option credit link from BMW. I would print this out and take it to the dealer so they can’t give you any BS.
http://www.bmwusa.com/standard/content/financialservices/ecocredit.aspx
This is no go if you are leasing… 🙁
“Lessees do not qualify”
I wonder if you can take advantage of it if you were to use a 3rd party bank to finance your lease. Since that bank would have to cut a check to the dealer for the full amount of the car (minus rebates and such). Something worth looking into.
I assume your comment on “$4500 towards the PURCHASE of…” means it does not apply to a lease.