Find BMW Dealers in Denver, Colorado

Here is the actual language of the program. Please note that it has now been EXTENDED to include leases ending through April 30, 2012, but note that you must take delivery of the car by January 3, 2012: BMW FS Loyalty Program $1000 Cash Incentive. All qualifying current BMW Financial Service customers BMW Financial Services customers with a BMW Lease or OwnersChoice contract scheduled to terminate between December 1, 2011 and April 30, 2012 are eligible for the following FS Lease Loyalty Rate Reductions or $1000 Loyalty Cash: Lease/Pre-Pay Lease = deduct .00075 Owners Choice = deduct 1.75% OK with BMW Loyalty Program for combined rates of: Combined Rate Lease/Pre-Pay Lease = deduct .00105 Combined Rate Owners Choice = deduct 2.50% Contracted rate may not be below .00005 for Lease / Pre-Pay Lease contracts or below 0.01% on OwnersChoice contracts Requirements and Restrictions: - May be applied against posted Sales Support Rates or Regional Standard Rates – unless specifically excluded in the program details. - N/A Pre-Pay Lease Rate Reduction - OwnersChoice financing is available only in Illinois and Texas. - customers must take delivery of a new MY11 or MY12 BMW from an authorized BMW dealer and enter into a Lease, Pre-Pay Lease or OwnersChoice contract through BMW Financial Services for this vehicle - Program Cars and European Delivery vehicles are eligible if delivered between December 1, 2011 and January 3, 2012. Vehicle must be reported delivered, and Lease, Pre-Pay Lease, or OwnersChoice Contract must be signed between December 1, 2011 and January 3, 2012. - Year End BMW FS Lease Loyalty Reduction cannot be credit locked.

There's no trick to the multiple security deposits. Just tell them you want to make them when you do your lease. You need to pay them up front. You get the deposit back when your lease ends. In my case I wrote a check for $3500 (5 X $700) at the time of lease. You can make up to 7. I'm not sure why I didn't make the other two - I should have, but I got into the target range of my payment. My payment without the multiple security deposits would have been $669.25, so I'm saving $31.45 per month. That's $377.40 per year on an a deposit of $3500 is a return of 10.78%. That's a whole lot better then .040% I'm getting from the bank. I have no idea why BMWFS does this, but I love it.

I did receive the enhanced loyalty and they will combine them. It wasn't easy, as 2 of 3 dealers denied any knowledge of it. I had to copy the plan that appeared on a BMW dealer's website in another state and email it to my dealer before they acknowledged it. The lease on my current BMW expired on Dec. 1, 2011, so I qualified. I did 2 more things to bring down the payment: I am a member of the BMWCCA, so I receive a $1,000 rebate on the lease of a new BMW. I used that as a down payment. Second, I took advantage of the multiple security deposit program to bring down the rate another .00035, by making 5 additional security deposits. This is a fantastic program and I highly recommend it. Here was the deal I put together: 2012 535X-Drive, 36 Mos., 10,000 miles/year MSRP: $61,325.00 Discounts: Nav. Credit ($1,730.00) Additional Credit: ($1,000.00) Dealer Discount: ($2,796.00) Selling Price: $55,799.00 Plus: Acquisition Fee: $725.00 Capitalized Cost: $56,524.00 Less: Cap. Cost Red. $1,000.00 (BMWCCA Rebate) Capitalized Cost: $55,524.00 Money Factor: .00195 Less: Loyalty: (.00030) Loyalty: (.00075) Net Money Factory: .00090 Less: 5 Sec. Dep. Disc. .00035 Net Money Factor: .00055 Residual 56% $34,342.00 Payment B4 Sales Tax $637.80 Sales tax will be another $49/mo. My objective was to see if I could do a $0 lease with a payment of $650 or less with tax. I came pretty close.

Carman - I negotiated the following deal and was hoping you could let me know what you think: 2011 535i with Xdrive Black Sapphire Metallic Oyster and Dakota Leather Dark Wood Trim Premium Package Cold Weather Package MSRP $56,550 Selling Price $52,600 (includes $1500 holiday cash) Residual $32,775 Money Factor: .00225 36 month/10k year Monthly payment before taxes $719 Thanks for any help and insight you can provide...

Hi gardis - What they do is make the car really fast. Because I lease as opposed to buy, I'm not really concerned about things like long-term reliability, maintenance expense, etc. The car's a blast to drive.