BMW Lease Deals, Financing Incentives & Rebates: October 2021

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Automotive Contributor

Cristyn is a member of CarsDirect's Socal-based team of pricing and incentive experts helping uncover must-know insights for car shoppers. A native of Bakersfield, California, Cristyn has a degree in Liberal Arts from Santa Monica College, with over 10 years of experience in the areas of research and data analysis.


, Automotive Contributor - October 5, 2021

BMW is continuing to offer financing deals involving 0.9% APR on vehicles like the 3-Series sedan and X1 SUV. However, rather than limiting these incentives to its 2021 lineup, you can now find many of the same great rates on BMW's 2022 vehicles.

However, you'll need to choose a 2021 BMW to take advantage of APR Credits worth up to $2,750. It's essentially a rebate for customers taking out a loan through BMW Financial. Lease prices continue to start at $389/month on models like the X1.

Current offers are available through November 1 and can vary by region. The examples listed here are for California. We update this page each month based on the latest deals, so check back for possible changes.

Model Best BMW Lease Deal Best BMW Financing Deal Best BMW Rebate Deal
BMW X1
BMW X1
Lease from $389/month 0.9% APR for 60 months + Up to $2,000 APR Credit $1,000 College Grad Discount
BMW X2
Lease from $399/month 0.9% APR for 60 months + Up to $2,000 APR Credit $1,000 College Grad Discount
BMW 3-Series
BMW 3-Series
Lease from $429/month 0.9% APR for 60 months + Up to $2,000 APR Credit $1,000 College Grad Discount
BMW X3
BMW X3
Lease from $459/month 1.9% APR for 60 months + Up to $2,000 APR Credit $1,000 College Grad Discount
BMW X5
BMW X5
Lease from $729/month 1.9% APR for 60 months + Up to $2,000 APR Credit $1,000 College Grad Discount

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. 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 returning customers. BMW leases include up to $3,000 in loyalty discount. The conquest bonus is virtually non-existent for this month's incentives. If you don't qualify for the loyalty discount, 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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, Automotive Contributor

Cristyn is a member of CarsDirect's Socal-based team of pricing and incentive experts helping uncover must-know insights for car shoppers. A native of Bakersfield, California, Cristyn has a degree in Liberal Arts from Santa Monica College, with over 10 years of experience in the areas of research and data analysis.


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