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  #51  
Old 11-05-2009, 05:21 PM
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Quote:
Originally Posted by LeMansX5 View Post
Question is how long will the $1800 IRS deduction be available. Its does have a limit.
Do we know for sure at this point that it's still $1800 and not $900 as the BMW site says?

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  #52  
Old 11-05-2009, 06:49 PM
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The BMW website says its $900
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  #53  
Old 11-05-2009, 07:51 PM
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Originally Posted by spacey View Post
Do we know for sure at this point that it's still $1800 and not $900 as the BMW site says?

spacey

My bet is the website is wrong; however, we won't know for sure until the IRS posts the numbers.

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  #54  
Old 11-08-2009, 02:53 PM
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Not that I know what to believe at this point, but as of yesterday I was told that the purchase has to happen by Jan. 4th and delivery has to take place by Feb. 1st. to be eligible for the EO credit.

I know, I know, we've all recieved different info from our trusted dealers. At this point, I'm just going to assume that I'll be eligible until I'm told otherwise.

In the mean time, another thing that's interesting is that I placed my order on the Oct. 16th, which was confirmed by BMW on the 18th, and I still do not have a production date. I know a number of you do.

Weird.
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  #55  
Old 11-08-2009, 04:37 PM
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Quote:
Originally Posted by cpiguy View Post
Not that I know what to believe at this point, but as of yesterday I was told that the purchase has to happen by Jan. 4th and delivery has to take place by Feb. 1st. to be eligible for the EO credit.

I know, I know, we've all recieved different info from our trusted dealers. At this point, I'm just going to assume that I'll be eligible until I'm told otherwise.

In the mean time, another thing that's interesting is that I placed my order on the Oct. 16th, which was confirmed by BMW on the 18th, and I still do not have a production date. I know a number of you do.

Weird.
It does sound weird... it's got to be something between Rusnak and BMW NA, allocations, punishment ... not sure... or could be regional, say California has a certain number of allocations and if other dealers get the orders in 1st they win... my bet is (and of course sincerely wish it for you) you are going to be fine. The Feb 1 delivery requirement sounds as screwy as 12/31 did before to me. Unless BMW sales numbers turn around 180 degrees in the next month or two so they are up by 50% or something I just can't believe they would mess w/people who placed orders in Oct... even if their production slot is getting delayed (certainly not due to your doing). Even if it's something the dealer messed/is messing up I'd still think the deal will be honored. BTW, did you get an order document w/the ECO credit calculated in by any chance? Can you get it from your sales guy if you haven't? I got a pretty straight forward order w/$4500 credit calculated in, so just as another member mentioned, that's the deal I was offered and if anybody tries to alter that (unless they want to reduce the price of course I will refuse, or not take the car and make a big stink about it - which would be completely justified. I understand that your situation is a little more complicated if the sales guy is your friend and the dealership a big client of yours...

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  #56  
Old 11-08-2009, 05:19 PM
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I never get any paperwork when I order my cars. This is about the 40th car I've order this way and have never had an issue. As you know, the deals not the deal until you take delivery. You can always walk away, and they can always hike the price. Just took delivery of my M3 without any idea of what the deal would be until it got here. Turns out I got about as good a deal as I think is possible on a new 2010 M3. $600 over invoice.

Thanks for the positive wishes. This is my 4th X5, and I'm sure it will work itself out.
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  #57  
Old 12-17-2009, 02:47 PM
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Quote:
Originally Posted by cpiguy View Post
Not that I know what to believe at this point, but as of yesterday I was told that the purchase has to happen by Jan. 4th and delivery has to take place by Feb. 1st. to be eligible for the EO credit.
I have been informed that purchase has to happen before Jan 4th and delivery before Feb 28th.
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  #58  
Old 12-17-2009, 06:03 PM
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Originally Posted by LeMansX5 View Post
I have been informed that purchase has to happen before Jan 4th and delivery before Feb 28th.
My Dealer is telling me $4500 eco-credit expires 12/31/09 period. (BMW dealer just outside of San Francisco)

Who knows...
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  #59  
Old 12-17-2009, 06:34 PM
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Assuming the rumors are true of a March, 2010 launch of the 2011 MY X5, I suspect BMW NA will extend the eco credit for all remaining 2010 production which are Priority 1 orders (orders which have a name on them, rather than for dealer inventory). It would seem a bit odd to yank a major incentive for a model in the last two months of production.

Of course, if BMW NA plans to do this, they will not tell their dealers ahead of time, because just as a dealer wants selling pressure on vehicle buyers (better buy now before the incentive is gone), BMW NA want pressure on their dealers to sell now, not tomorrow.

But that's just speculation on my part.
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  #60  
Old 12-17-2009, 06:48 PM
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Originally Posted by ABMW View Post
My Dealer is telling me $4500 eco-credit expires 12/31/09 period. (BMW dealer just outside of San Francisco)

Who knows...
I know! This is easy. It's officially here on BMWUSA's website:
* Eco Credit is a $4,500 credit against the MSRP of the final purchase of the 335d and X5 xDrive35d Advanced Diesel through 1/4/2010.

Although I couldn't find anything that says anything about a delivery deadline date. I would go with what LeMans says.
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