Best BMW Deals & Must-Know Advice: July 2021

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - July 6, 2021

The best BMW deals involve an APR Credit you can only get when financing through BMW. In the case of the flagship X7 crossover, that discount is worth up to $2,000 and can be combined with 1.9% financing. Expect to see the lowest interest rates in July on models like the BMW 3-Series, 5-Series, and X1.

Just about every one of BMW's lease deals is now based on 10,000 miles per year. Previously, it was 7,500. The downside is that prices have risen. For example, the popular X1 SUV is now listed at $409/month, $20 more than last month's best lease price. Offers could improve once 2022 models begin to arrive.

Current offers are available through August 2, 2021 and can vary by region. Examples listed here are for California.

Best BMW Lease Deals, Financing Incentives & Rebates

Model Best BMW Lease Deal Best BMW Financing Deal Best BMW Rebate
BMW 3-Series
BMW 3-Series
Lease from $439/month (2021 3-Series) 0.9% APR for 60 months + $2,000 APR Credit (2021 3-Series) $1,000 College Graduate Discount (2021 3-Series)
BMW X1
BMW X1
Lease from $419/month (2021 X1) 0.9% APR for 60 months + $2,000 APR Credit (2021 X1) $1,000 College Graduate Discount (2021 X1)
BMW X2
Lease from $409/month (2021 X2) 0.9% APR for 60 months + $2,000 APR Credit (2021 X2) $1,000 College Graduate Discount (2021 X2)
BMW X3
BMW X3
Lease from $469/month (2021 X3) 1.9% APR for 60 months + $2,000 APR Credit (2021 X3) $1,000 College Graduate Discount (2021 X3)
BMW X5
BMW X5
Lease from $779/month (2021 X5) 1.9% APR for 60 months + $2,000 APR Credit (2021 X5) $1,000 College Graduate Discount (2021 X5)

Explore the full BMW lineup »

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Must-Know Advice For BMW Buyers

SUVs are easier to find. BMW's cars tend to be rarely stocked and SUVs can be a lot easier to find. Ordering your BMW from the factory can be a great way to get the exact model & options you want, although you'll generally have to wait up to 2-3 months. Check with your local dealer for details on how the process works.

Discounts favor financing. BMW rebates generally aren't advertised in the same way as other brands. For example, the best deals currently involve an APR Credit that you can only get when taking out a loan through BMW Financial Services. If you're paying in cash or via an outside loan, you could miss out on a ton of savings.

High lease prices. BMW may have a reputation for being an excellent brand to lease, but that's not always the case. In fact, our analysis finds that BMW luxury sedans and SUVs can often be some of the most expensive to lease. In some cases, lease prices can include incentives you may not be eligible for.

Discounts for switching. Typically, BMW leases include up to $1,000 in conquest cash or a loyalty discount. The conquest bonus is available to shoppers coming from a list of competitors, while the loyalty discount is only for current customers. If you don't qualify for either offer, that could translate to a pricier lease.

BMW financing rates generally aren't the lowest out there, although certain models like the X1, X2, and i3 tend to feature the lowest rates. If you're leasing, low residual values can make sedans like the 7-Series very expensive. BMW hides this by using a shorter mileage allowance of just 7,500 miles per year.

College grad discounts. Recent grads may qualify for an extra $1,000 off as part of the BMW College Graduate Program when financing or leasing.

Used car deals. For added value, the BMW Certified Pre-Owned Program offers special benefits and access to low financing rates. Check out our monthly CPO deal analysis for the best used car offers.

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, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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