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Buying 2018 M240i

geo_ffreygeo_ffrey Posts: 3
edited July 2018 in BMW
I'm in the market for a new 2018 M240i, and the current manufacturer incentive is $2500 credit and 2.25% APR which ends 7/31/18. Is this incentive big enough to purchase now rather than waiting until the end of the year for better deals (when MY 2019 come out)?

I'm wondering if there is any historical data on BMW incentives. Is it possible to stack incentives as well? Thanks for any help!

Comments

  • kyfdxkyfdx Posts: 128,222
    geo_ffrey said:

    I'm in the market for a new 2018 M240i, and the current manufacturer incentive is $2500 credit and 2.25% APR which ends 7/31/18. Is this incentive big enough to purchase now rather than waiting until the end of the year for better deals (when MY 2019 come out)?

    I'm wondering if there is any historical data on BMW incentives. Is it possible to stack incentives as well? Thanks for any help!

    Just about any incentive you qualify for, should stack with the $2500 APR credit.

    No one knows what will happen with incentives, but selection will certainly go down, as time goes on.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • geo_ffreygeo_ffrey Posts: 3
    kyfdx said:

    geo_ffrey said:

    I'm in the market for a new 2018 M240i, and the current manufacturer incentive is $2500 credit and 2.25% APR which ends 7/31/18. Is this incentive big enough to purchase now rather than waiting until the end of the year for better deals (when MY 2019 come out)?

    I'm wondering if there is any historical data on BMW incentives. Is it possible to stack incentives as well? Thanks for any help!

    Just about any incentive you qualify for, should stack with the $2500 APR credit.

    No one knows what will happen with incentives, but selection will certainly go down, as time goes on.
    I see - thank you for the input. Do you happen to know where to find information on the APR offers? I need to show my dealer the 2.9% APR for 72 months as listed on the Edmunds incentives page. Is there an "official" BMW link somewhere?
  • kyfdxkyfdx Posts: 128,222
    edited July 2018
    geo_ffrey said:

    kyfdx said:

    geo_ffrey said:

    I'm in the market for a new 2018 M240i, and the current manufacturer incentive is $2500 credit and 2.25% APR which ends 7/31/18. Is this incentive big enough to purchase now rather than waiting until the end of the year for better deals (when MY 2019 come out)?

    I'm wondering if there is any historical data on BMW incentives. Is it possible to stack incentives as well? Thanks for any help!

    Just about any incentive you qualify for, should stack with the $2500 APR credit.

    No one knows what will happen with incentives, but selection will certainly go down, as time goes on.
    I see - thank you for the input. Do you happen to know where to find information on the APR offers? I need to show my dealer the 2.9% APR for 72 months as listed on the Edmunds incentives page. Is there an "official" BMW link somewhere?
    You can get it right off the BMW website
    2.25% APR up to 60 months

    https://www.bmwusa.com/special-offers/finance.2018-M240i-Coupe.cincinnatibmwdealers.html?modal=special-offers-legal

    Most dealers will markup the rates by 1%. It's your job to insist on the base rate.
    You don't have to show the dealer. They know the rates, even if they play dumb.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • geo_ffreygeo_ffrey Posts: 3
    kyfdx said:

    geo_ffrey said:

    kyfdx said:

    geo_ffrey said:

    I'm in the market for a new 2018 M240i, and the current manufacturer incentive is $2500 credit and 2.25% APR which ends 7/31/18. Is this incentive big enough to purchase now rather than waiting until the end of the year for better deals (when MY 2019 come out)?

    I'm wondering if there is any historical data on BMW incentives. Is it possible to stack incentives as well? Thanks for any help!

    Just about any incentive you qualify for, should stack with the $2500 APR credit.

    No one knows what will happen with incentives, but selection will certainly go down, as time goes on.
    I see - thank you for the input. Do you happen to know where to find information on the APR offers? I need to show my dealer the 2.9% APR for 72 months as listed on the Edmunds incentives page. Is there an "official" BMW link somewhere?
    You can get it right off the BMW website
    2.25% APR up to 60 months

    https://www.bmwusa.com/special-offers/finance.2018-M240i-Coupe.cincinnatibmwdealers.html?modal=special-offers-legal

    Most dealers will markup the rates by 1%. It's your job to insist on the base rate.
    You don't have to show the dealer. They know the rates, even if they play dumb.
    The 2.25% 60 months is easily found, but not the OR 2.90% 72 month part. I've only seen it on Edmunds page, so I was wondering where it's pulled from that is accessible information. The markup negotiation I'm following though.
  • kyfdxkyfdx Posts: 128,222
    geo_ffrey said:

    kyfdx said:

    geo_ffrey said:

    kyfdx said:

    geo_ffrey said:

    I'm in the market for a new 2018 M240i, and the current manufacturer incentive is $2500 credit and 2.25% APR which ends 7/31/18. Is this incentive big enough to purchase now rather than waiting until the end of the year for better deals (when MY 2019 come out)?

    I'm wondering if there is any historical data on BMW incentives. Is it possible to stack incentives as well? Thanks for any help!

    Just about any incentive you qualify for, should stack with the $2500 APR credit.

    No one knows what will happen with incentives, but selection will certainly go down, as time goes on.
    I see - thank you for the input. Do you happen to know where to find information on the APR offers? I need to show my dealer the 2.9% APR for 72 months as listed on the Edmunds incentives page. Is there an "official" BMW link somewhere?
    You can get it right off the BMW website
    2.25% APR up to 60 months

    https://www.bmwusa.com/special-offers/finance.2018-M240i-Coupe.cincinnatibmwdealers.html?modal=special-offers-legal

    Most dealers will markup the rates by 1%. It's your job to insist on the base rate.
    You don't have to show the dealer. They know the rates, even if they play dumb.
    The 2.25% 60 months is easily found, but not the OR 2.90% 72 month part. I've only seen it on Edmunds page, so I was wondering where it's pulled from that is accessible information. The markup negotiation I'm following though.
    I know where they get it, but it might not be advertised.

    It's as accurate as the 2.25% is for 60 months.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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