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ECO Credit Extended? ECO Credit Extended?
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  #1  
Old 11-03-2009, 06:12 PM
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I just spoke with my salesrep and they said both the ECOcredit as well as current finance rate of 5.9 has been extended for another month for the x5 35D.
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  #2  
Old 11-03-2009, 07:22 PM
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Quote:
Originally Posted by vpaul2 View Post
...the ECOcredit as well as current finance rate of 5.9 has been extended for another month for the x5 35D.
This is not a big surprise since BMW gets most or all of the $4,500 eco credit back when people finance though BMWNA. The only time they lose the whole $4,500 is when people pay cash or finance somewhere else.

Funf Dreisig
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  #3  
Old 11-03-2009, 09:23 PM
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I was just notified that the credit goes away on any car delivered after Dec. 31st. My car is on order and scheduled for production the last week of November, which mean I take delvery the first or second week of January.

In other words, I just got Fxcked!!
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Old 11-03-2009, 09:51 PM
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How do you figure that? I ordered 10/19, my salesrep said that the car is about to get scheduled for production this or next week. Then it takes 1 week to make and ~2 weeks for BS and he says that he still expects it to be delivered by the end of this month... Not sure if I believe this month but 1st half of Dec for sure. Also, he said that the eco credit eligibility is based on when you order and your paperwork is run through BMW NA not when the car is delivered.

And BTW, I am financing somewhere other than BMW FS

spacey
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Old 11-03-2009, 09:53 PM
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Originally Posted by spacey View Post
How do you figure that? I ordered 10/19, my salesrep said that the car is about to get scheduled for production this or next week. Then it takes 1 week to make and ~2 weeks for BS and he says that he still expects it to be delivered by the end of this month... Not sure if I believe this month but 1st half of Dec for sure. Also, he said that the eco credit eligibility is based on when you order and your paperwork is run through BMW NA not when the car is delivered.

And BTW, I am financing somewhere other than BMW FS

spacey
He's wrong.
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  #6  
Old 11-03-2009, 10:14 PM
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Do you mind elaborating on who you were notified by and what makes you say that my sales guy is wrong?

spacey
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  #7  
Old 11-03-2009, 11:20 PM
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Originally Posted by spacey View Post
Do you mind elaborating on who you were notified by and what makes you say that my sales guy is wrong?

spacey
I'm in the middle of a huge ordeal with my dealer because my car will arrives in early January. No credit. They're trying to fight for an exception. If you have proof that they're wrong, I'd love to have it.

That's what I love about this forum...
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Old 11-04-2009, 10:49 AM
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Originally Posted by spacey View Post
Do you mind elaborating on who you were notified by and what makes you say that my sales guy is wrong?

spacey
Spacy, I don't know who you ordered from but there's a lot of erroneous info regarding the eco-credit. I suggest calling other dealers and comparing stories. I suspect your dealer is trying to pocket some of that eco money as profit unless you do the leg work to find out that they are mistaken.

If you want to go elsewhere I purchased from BMW of Arlington and would be happy to send you to my sales guy there.
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Old 11-03-2009, 10:49 PM
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Quote:
Originally Posted by cpiguy View Post
I was just notified that the credit goes away on any car delivered after Dec. 31st. My car is on order and scheduled for production the last week of November, which mean I take delvery the first or second week of January.

In other words, I just got Fxcked!!
I'm in a similar situation. My dealer has cleared me for eco so 12/31 does not appear to be a real deadline. In any case, I will not take the car if I don't get eco. BMW is in a tight corner. If they stop eco, their pipeline will go to hell. They just added 700 workers and extended the shifts from 80 hours to 100 hours according to the news. What do you think would happen if people like you and I just walk away from their orders? Right now, I would say BMW is fxcked if they try to mess around with eco. That's IMHO.
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