Best BMW Deals & Lease Offers: November 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 - November 4, 2018

Deals for buying or leasing a BMW are almost completely unchanged in November. That's a bit surprising considering this is the time that we generally see some of the best deals of the year. We think shoppers may want to wait to see if better offers emerge in December.

Leases start at $349/month for the BMW 320i and $339/month for the sporty new X2. However, some of BMW's leases include discounts you may not be eligible for. For example, the offer on the X2 includes a discount you can only get for being a BMW owner or when coming from a competitor.

BMW doesn't offer traditional rebates but instead of an APR Credit for taking out a loan through BMW Financial. It's worth anywhere from $1,500 to $3,000 depending on model, with the best deals on vehicles like the X2 with all-wheel drive and the outgoing 2018 BMW X5.

Offers end December 2, 2018 and vary by region. Examples listed here are for California.

Top BMW Lease Deals & Incentives

Model Best Lease Deal Best Finance Offer Best Cashback Incentive
BMW 3-Series
BMW 320
Lease from $349/month Finance from 4.35%/60 months + Up to $1,500 APR Credit $1,000 College Grad Rebate
BMW X1
BMW X1
Lease from $389/month Finance from 4.35%/60 months + Up to $1,500 APR Credit $1,000 College Grad Rebate
BMW X2
Lease from $339/month Finance from 4.35%/60 months + Up to $3,000 APR Credit $1,000 College Grad Rebate
BMW X3
BMW X3
Lease from $479/month Finance from 4.35%/60 months + Up to $1,500 APR Credit $1,000 College Grad Rebate
BMW X5
BMW X5
Lease from $629/month Finance from 4.19%/60 months + Up to $3,000 APR Credit $1,000 College Grad Rebate

Explore the full BMW lineup »

Insider Tips for BMW Shoppers

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