12-12-2022, 11:57 PM | #1 |
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Loyalty Program
Anyone knows what is the M or BMW loyalty program IN CANADA
Any discount for the M3/M4 Last edited by 123abc; 12-13-2022 at 12:35 AM.. |
12-13-2022, 05:46 AM | #3 | |
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12-14-2022, 09:52 AM | #4 |
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December 2023 loyalty for M3 at least is 1% off rate reduction lease or finance, or $1000 rebate. It’s subject to change at the end of each month, but this amount has been the case for most of the year.
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12-14-2022, 11:24 AM | #5 |
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For current interest rate, maybe cash out is better, otherwise u r paying huge amount of interest. It is 7%+ for lease or 6%+ sth for finance.
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12-14-2022, 07:10 PM | #6 |
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Yes the interest rate is crazy high in Canada now. When I ordered my M3 it was 4.49 and when it came it was 7.49 not counting loyalty. Unfortunately some ppl don’t have the funds to cash it out, but if you have a business can always lease it as a business expense for write offs. Always some loophole to explore.
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12-15-2022, 12:39 AM | #7 | |
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Business can only claim $800, 4 years interest like 15k-20k lol
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12-15-2022, 12:40 AM | #8 | |
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4.49 is it financing rate?
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12-15-2022, 06:11 PM | #11 |
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01-02-2023, 06:29 PM | #12 |
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I'm not thrilled about the ridiculous financing rates these days, so as soon as they drop I will get a bank loan at a lower rate and re-fi it. My assumption is a dealer won't do that, but I will certainly try to negotiate it when the rates do drop, before going to a bank.
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01-02-2023, 11:18 PM | #13 | |
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In Vancouver, if you try to negotiate it, the sales will wave bye bye I believe. There is no stock for m3 in this moment(1-2 m4s)
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01-03-2023, 07:02 PM | #14 |
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Does anyone know if banks are offering better rates than BMW Finance? I know it's an option to go with a bank instead of BMWF but they don't advertise their rates.
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01-16-2023, 03:39 PM | #15 | |
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In Canada M3/M4 loyalty discount is 1% rate reduction or $1000 cash credit. You will need to provide a copy of an ownership for a 2015 or newer BMW in the household in order to qualify. |
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01-16-2023, 07:24 PM | #17 |
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01-16-2023, 07:55 PM | #18 | |
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Back in 2021 I had an M3 on order (Wich I cancelled later because of delays) and managed to get round 2.5% rebate on top of loyalty but I don't see having another rebate like this nowdays. Almost hard to believe I managed to get around 14% on an 2018 M2 in August 2018, the car arrived at the dealer 7 months earlier and wasn't selling because the M2 Comp had been announced. Even got it financed at something like 0.9% Sadly thse days are gone and probably won't come back for a while.
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01-16-2023, 10:37 PM | #19 | |
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Wow,2.5% rebate on top of loyalty, that is so nice
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01-17-2023, 08:48 PM | #20 |
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01-17-2023, 10:30 PM | #21 |
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01-18-2023, 10:45 AM | #22 |
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