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-   -   ECO Credit Extended? (https://xoutpost.com/bmw-sav-forums/x5-e70-forum/67160-eco-credit-extended.html)

cpiguy 11-04-2009 01:13 PM

Spacey:

I'm confused. I would think the reason you have no issue with the ECO credit concern is that your car is well within the time frame to be delivered by the 1/4 deadline, right.

In my case the car will most likely deliver the second week of January. I don't think Rusnak has bad information or is misrepresenting. This is just what they've been told by their region representative. We all know that BMW may extend the program. It's just an issue I'd rather not deal with. What is , is!

I plan to buy the car regardless, and enjoy it as much as I've enjoyed my other 18 BMW's.

Armand 11-04-2009 02:02 PM

Quote:

Originally Posted by FunfDreisig (Post 676642)
I got the eco credit on a cash deal too. BUT our dealer still required us to apply for BMW credit to "lock in the eco credit". We simply wrote a check for the full agreed price, including the eco credit, at delivery.

Funf Dreisig

Looks like someone is getting rich on these BMW financing approvals to "lock-in" eco! And I bet it isn't BMW. The dealer will certainly get a cut but it can't be that much:dunno: Like somone else said, all these loopholes and funny business is tarnishing the BMW brand.

spacey 11-04-2009 02:25 PM

Not a problem, I kind a thought so but decided to address your point anyway since it allowed for spelling out what I believe is the situation.

Hope Rusnak does turn out to be wrong, realizes it soon and doubles the eco credit for cpiguy out of their own pocket for jerking his chain.

spacey :D

Blair780 11-04-2009 02:35 PM

Quote:

Originally Posted by spacey (Post 676757)

Hope Rusnak...doubles the eco credit for cpiguy out of their own pocket for jerking his chain.

spacey :D

I would LOVE to see THAT happen ROFL!!

spacey 11-04-2009 02:37 PM

Quote:

Originally Posted by cpiguy (Post 676727)
Spacey:

I'm confused. I would think the reason you have no issue with the ECO credit concern is that your car is well within the time frame to be delivered by the 1/4 deadline, right.

In my case the car will most likely deliver the second week of January. I don't think Rusnak has bad information or is misrepresenting. This is just what they've been told by their region representative. We all know that BMW may extend the program. It's just an issue I'd rather not deal with. What is , is!

I plan to buy the car regardless, and enjoy it as much as I've enjoyed my other 18 BMW's.

cpiguy,

I suppose there is a possibility that their information is correct in absolute terms. You are correct, it looks like my timeframe may be shorter than yours for delivery, which may be the reason why there is no problem w/eco credit. I did consider that, but it still sounds very unlikely to me mainly because all financial offers by BMW have been (at least for the past 15 years) good as of the date of contract signing/lock in/order placing etc. NOT based on delivery date. They have had the 60 day (or longer) lock for as long as I can remember, and the few occasions that delivery has been stretched past that window - as is usually the case w/cars ordered from germany (90 days usually from order to delivery in US) - they have been more than happy to extend the lock if it takes a little longer for the delivery than the lock allows. So... its been a long standing policy to say the least. What Rusnak is saying would indicate a drastic change in that policy, w/very unpleasant effects for its customers at a time when auto industry is in the doldrums. While I am not saying it's not possible it just sounds not very likely to me. Another thing is, if what they say is true, people who place orders during December will all get excluded from the eco credit if they get deliveries (which is most likely) some time after 1/4... no?

spacey :D

spacey 11-04-2009 05:25 PM

cpiguy,

Spoke w/my sales rep again, got the VIN# for the car - sweeet. But also bounced some ideas off him about your predicament.

1st what appears to be happening lately is that a lot of dealers have been pushing back on their orders. Meaning that apparently everyone got as many allocations as possible in the beginning but now that they haven't sold enough cars to fill them they are delaying the production for unsold slots. This in turn results in shorter waiting times for production for the people who actualy want their cars. This would mean that your production date could possibly be closer than originally planned, thus speeding up delivery, thus resolving the problem w/eco credit.

2nd, he has confirmed yet again that the terms of an order (i.e. eco credit) is good for at least the lock in period (of 60 days) from the date of order/run through BMW FS (even if you pay cash). So that means that as long as you order the car by 1/3 or so you are locked in w/eco credit unless for some reason your car doesn't get delivered for a period of much longer than 60 days. That would put the delivery to be past the end of February for any shadyness to even be possible.

3rd... even if there is problem w/the eco credit due to the 60 day lock-in expiration, which as I said just sounds very fishy because they normally extend them to accomodate customers... how about this brainy idea - have them re-order the car now or in December... :genius: so you effectively re-set the 60 day lock-in clock. Say you don't want this car, you want a new order w/the eco-credit delivered within 60 days. It will just happen to have the same options as your previous one...

my $0.02... either way this should not be an issue...

spacey :D

Redridge 11-04-2009 05:51 PM

from my dealer, (Paul Miller NJ).... states that as long as you get your car before 12/31... you qualify for the eco-credit...

Penguin 11-04-2009 07:34 PM

Quote:

Originally Posted by jgf330xi (Post 676666)
Let's face it.. the "ECO CREDIT" is simply a price reduction... A correction to a pricing mistake... It will be extended until they find away to raise the price.. eg. making standard items optional... and maintain the sale boom they are seeing on the diesels.. I now want a 335d...

My guess? BMW doesn't ever want to admit they made a mistake. So rather than reduce the MSRP price of the diesel, they will keep the credit and deals going until March, when the twin-turbo gasoline engine might become the base engine for the US X5's. At that point, they'll raise the base price, using the twin-turbo engine as a rationale, and leave the Diesel price alone, making the diesel premium lower.

Just a wild guess, but BMW really hates to "eat crow" and ever admit they are wrong about something, so they will be searching for someway to reduce the Diesel premium, while retaining "plausible deniability!"

spacey 11-04-2009 07:43 PM

Quote:

Originally Posted by Redridge (Post 676833)
from my dealer, (Paul Miller NJ).... states that as long as you get your car before 12/31... you qualify for the eco-credit...

Get the car as in order the car or actually take the delivery or buy one off the lot...? Hmmm... actually now I can start seeing a sinister reason for someone to say that you have to get it before 12/31 ... they might want to try to get you into one on their lot... sounds exactly like something a car dealer would do, especially if they ordered too many for stock and can't sell them all now.

In any case... I am more than happy to share my sales guy's contanct info if anyone is interested in ordering a car and not having to take a delivery before 12/31.

spacey :D

cpiguy 11-04-2009 08:01 PM

Thanks for all the feedback guys. My problem still remains the delivery date, which fall into January. Rusnak is sold out on every single deisel, and has been for several months. I had to wait 3 weeeks for allocation to open to get my name on an order. BTW, I've bought 10 cars from them in the last 6 years. 4 of them were for my kids. So I realy know these guys.

I guess we'll see how it plays out, but I think people talking delivery in January may be in trouble.


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