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      03-19-2012, 01:41 AM   #1
cacofonix
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FYI for everyone buying (leasing/financing) new - $1000 rebate

It looks like there's a $1000 rebate on new M3s being leased or financed (from BMWFS). At least according to one dealer here in the Bay Area.

Also, looks like the following is true:

1. Min. 24 mo. loan
2. No pre-payment penalty
3. Min. amount financed = $7500

Posting this info. because I thought it would be helpful to others planning to pull the trigger
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      03-19-2012, 10:54 AM   #2
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can anyone confirm this? Im on the verge of pulling the trigger on a lease so id be great to know!

thanks!
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      03-19-2012, 06:37 PM   #3
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I got this info in an email forwarded to me by a friend. You can contact Peter Pan BMW in the North Bay and ask them about the rebate coupon they sent out in email. The offer lasts until April 02.
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      03-19-2012, 07:53 PM   #4
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It's called Spring Lease Cash and it's a $1,000 that is available for 2012 M3's. Indeed ends on April 2, 2012. Spring Lease Cash is not lockable so a deal must be signed before the April 2 deadline

Last edited by Ghetto2315; 03-19-2012 at 07:59 PM.
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      03-20-2012, 04:52 PM   #5
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One more caveat I just found out - this coupon applies only to cars that you are picking up from the lot - not ones that are being made-to-order.

BMWNA was completely inept in answering this question, so I called around a few dealerships to find out.

Thanks!
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      03-20-2012, 09:21 PM   #6
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Quote:
Originally Posted by cacofonix View Post
One more caveat I just found out - this coupon applies only to cars that you are picking up from the lot - not ones that are being made-to-order.

BMWNA was completely inept in answering this question, so I called around a few dealerships to find out.

Thanks!
Technically, it could be applied to your ordered car had it been ready to take delivery by 4/2. However, the reason why dealers say it applies to in-stock cars only because the Spring Cash ends on 4/2 and is not a "lockable" rebate and any ordered car at this point would arrive at the dealer long before the rebate expires.
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      03-21-2012, 02:34 PM   #7
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Quote:
Originally Posted by Ghetto2315 View Post
Technically, it could be applied to your ordered car had it been ready to take delivery by 4/2. However, the reason why dealers say it applies to in-stock cars only because the Spring Cash ends on 4/2 and is not a "lockable" rebate and any ordered car at this point would arrive at the dealer long before the rebate expires.
You mean long *after* the rebate expires ...?
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      03-21-2012, 02:37 PM   #8
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Quote:
Originally Posted by cacofonix View Post
You mean long *after* the rebate expires ...?
Yes
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      03-22-2012, 01:38 AM   #9
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just bought mine today - m3 coupe 2012. 1000$ rebate confirmed.
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      03-22-2012, 07:35 AM   #10
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Originally Posted by roscomare83 View Post
just bought mine today - m3 coupe 2012. 1000$ rebate confirmed.
Congrats! You bought a in-stock unit or it was ordered and happen to come in before the rebate expires on 4/2?
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      03-22-2012, 04:44 PM   #11
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I just finished paying for my ED last week and they applied the $1000 rebate as well
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      03-22-2012, 05:44 PM   #12
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Thanks for the info!
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      03-22-2012, 06:44 PM   #13
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Quote:
Originally Posted by Ghetto2315 View Post
Congrats! You bought a in-stock unit or it was ordered and happen to come in before the rebate expires on 4/2?
Its was an in-stock car
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      03-23-2012, 03:08 AM   #14
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i got that in the mail too the $1000 but couldn't find any real deals from the dealer!
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