Best BMW Deals & Lease Offers: September 2018

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Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - September 4, 2018

Many leases from BMW are around $10/month more expensive following Labor Day. Interestingly enough, offers have improved on the all-new X2, in some cases making it more affordable than the cheapest 3-Series.

The X2 xDrive28i now starts at $309 for 36 months with $4,234 due at signing. Believe it or not, its effective cost is $30/month cheaper than the less-expensive sDrive variant, and more affordable than a 320i. But there's a catch.

To get to that price, BMW is including a bonus you can only get when coming from another BMW lease or that of a competitor. If you aren't eligible, expect to pay a higher price.

As before, many models are eligible for an APR Credit worth between $1,000 and $3,000 that's yours when financing through BMW Financial. Sadly, accompanying rates are still pretty atrocious at 4.15% for 60 months.

Offers end October 1, 2018 and vary by region. Examples listed here are for California.

BMW Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive
BMW 3-Series
BMW 320
Lease from $329/month Finance from 4.15%/60 months + $1,500 APR Credit $1,000 College Grad Rebate
BMW X1
BMW X1
Lease from $389/month Finance from 4.15%/60 months + $1,500 APR Credit $1,000 College Grad Rebate
BMW X2
Lease from $309/month Finance from 4.15%/60 months + Up to $3,000 APR Credit (xDrive) $1,000 College Grad Rebate
BMW X3
BMW X3
Lease from $469/month Finance from 4.15%/60 months + $1,500 APR Credit $1,000 College Grad Rebate
BMW X5
BMW X5
Lease from $649/month Finance from 4.15%/60 months + $1,500 APR Credit $1,000 College Grad Rebate

See the full BMW lineup »

Tips on BMW Financing, Lease Specials and Rebate Offers

Although BMW has a reputation for being an excellent brand to lease, that's not always the case. In fact, the automaker has routinely toyed with vehicle configurations, sometimes adding and removing features without warning. We've even seen up to $6,000 in equipment taken out of featured offers with no subsequent improvement in lease price.

Some of the best deals on BMWs are at the end of the calendar year to coincide with the holidays. However, be on the lookout for great discounts right before a new model is introduced. Dealers tend to begin taking orders three to four months before vehicles arrive, so don't be afraid to ask about placing a special order.

Current BMW lessees should be aware that the automaker often features payment waivers to help get you out of your older vehicle sooner than normal. Don't expect to see cashback incentives, however— BMW has unfortunately moved away from this tactic over the past year or so.

Recent college grads may qualify for the BMW College Graduate Program. It's worth an extra $1,000 off most models, although it comes with a requirement that you finance or lease your vehicle through BMW Financial.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website