[jhall1957]

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I thought this was $2,000? It shows $500. Am I missing something?

[Thescout13]

See No July fleet incentive for M2 competition https://f87.bimmerpost.com/forums/sh....php?t=1512810

It has been changed for USAA and fleet incentive is no more

[pz619]

Well, it could be worse.

[jhall1957]

Minutes after I posted this, I got a email from them with a different amount. This form shows $2,000 or $500 if finances thru BMWFS.

[Budget M3]

Originally Posted by jhall1957

Minutes after I posted this, I got a email from them with a different amount. This form shows $2,000 or $500 if finances thru BMWFS.

That is correct. Should be $2000. If you finance through USAA which has very competitive rates, you get the keep the full $2000 and USAA gets your loan business. If you finance through BMWFS, then BMW subsidizes the rate and they get your loan business, but still offer $500 good faith discount for military past and present. Do the math and see which deal works out best for you and your situation.

Fleet discount is different than USAA...

[zenmaster]

You can also apply the $2000 from USAA and not get loan through USAA or BMWFS.

[Budget M3]

Originally Posted by zenmaster

You can also apply the $2000 from USAA and not get loan through USAA or BMWFS.

+1 yep

[pruettfan]

These discounts change based on demand for the car, when the M2 first came out it was $1,000, I got the discount and paid cash for the car (financed later through Penfed for a crazy rate). Unless something has changed you get the same discount regardless of how you pay for the car. BTW you cannot combine the USAA discount with the BMWCCA rebate.

[DieGrüneHölle]

Originally Posted by jhall1957

Minutes after I posted this, I got a email from them with a different amount. This form shows $2,000 or $500 if finances thru BMWFS.

What form are you talking about? Are you saying the info on USAA website that was updated July 5th is incorrect?

[M2 Blur]

Originally Posted by zenmaster

You can also apply the $2000 from USAA and not get loan through USAA or BMWFS.

That's what I did in 2017. I used the USAA discount and PenFed financing.

[Yiruna]

Originally Posted by M2 Blur

That's what I did in 2017. I used the USAA discount and PenFed financing.

How's Penfed compared to USAA, I have an account at both but never done any financing at either

[Alch]

I tried to apply the USAA 2,000 discount and my dealership informed me that USAA going forward has lowered their rates from the original 2,000 to 500 going forward for all BMWs.

Not sure if it's 100% true, but that's what I was told by the sales manager in my area.

[DieGrüneHölle]

Originally Posted by Alch

I tried to apply the USAA 2,000 discount and my dealership informed me that USAA going forward has lowered their rates from the original 2,000 to 500 going forward for all BMWs.

Not sure if it's 100% true, but that's what I was told by the sales manager in my area.

It is true. Check USAA website. As of July 5, all models now have $500 discount and M2/M2C excluded.

[//M]

Originally Posted by Blipit_

It is true. Check USAA website. As of July 5, all models now have $500 discount and M2/M2C excluded.

+1 the website says no discount on any M2 anymore.

[hyperrift]

Fuck, could have gotten it on the 2018.. making the m2c even more expensive.

[AlpsRider]

Originally Posted by hyperrift

Fuck, could have gotten it on the 2018.. making the m2c even more expensive.

There will probably be more opportunities towards the end of the year to pick up the OG M2 at a discount.

[3tekcorps]

That sucks. What if you already have the "certificate" showing $2000 off any 2 series?

[Thescout13]

Originally Posted by 3tekcorps

That sucks. What if you already have the "certificate" showing $2000 off any 2 series?

Need to read the fine print. They almost always have an expiration date, submit by date, purchase by date, or a reservation of revocation in the event the program is no longer supported. Sucks I know has happened to me in the past and I learned the hard way.

[Jcon157]

Originally Posted by Thescout13

Need to read the fine print. They almost always have an expiration date, submit by date, purchase by date, or a reservation of revocation in the event the program is no longer supported. Sucks I know has happened to me in the past and I learned the hard way.

This. The fine print on my USAA certificate stated an expiration date of 2 July. The USAA rep couldn't say when or if the $2k rebate would be offered again on the M2 so that put a rush on things for me. Fortunately my M2 arrived on Friday the 29th but if it hadn't the dealer agreed to do the paperwork that day anyway just to ensure I didn't lose the rebate.

[M2 Blur]

Originally Posted by Yiruna

How's Penfed compared to USAA, I have an account at both but never done any financing at either

I've used PenFed for 20+ years. BMW financing matched their rate once so I want with BMW FS to expedite my last car delivery. Their rates have always been lower than anything else I've found. PenFed has always been good to me and competitive towards any loans / credit lines.

Another PenFed bonus is you can pre approved, be ready to finance and have a check in the mail in 1 business day once you have the VIN.

[Jcon157]

Originally Posted by Yiruna

How's Penfed compared to USAA, I have an account at both but never done any financing at either

I've heard great things about Pen Fed but haven't personally used them. Another one worth considering is the Navy Federal Credit Union. They actually cater to all military branches, not just Navy. Upon application approval they send you a blank check (good for up to a certain approved amount) that you present to whatever dealer you make your deal with. No VIN is needed until you make your deal. It's also important to note that any Sr. Enlisted personnel receive an additional point off the advertised interest rate (ie. a 1.9% rate is now 0.9% after point deduction) . This was disclosed to me when I called in my application. The dealership finance department simply calls the number on the check when you do your paperwork. Navy Fed gets the VIN at that point and provides an approval number for the dealer to get paid. The call was less than 5 minutes. I'll use them again!

[3tekcorps]

Originally Posted by Jcon157

This. The fine print on my USAA certificate stated an expiration date of 2 July. The USAA rep couldn't say when or if the $2k rebate would be offered again on the M2 so that put a rush on things for me. Fortunately my M2 arrived on Friday the 29th but if it hadn't the dealer agreed to do the paperwork that day anyway just to ensure I didn't lose the rebate.

Mine says "member must take retail delivery 01/03/18 - 07/02/18" I'm curious how it's going with the guys who insisted they'd be getting $2000. My SA said no way until the promotion is updated and the car is ready to sell will they even talk about the USAA deals.