BMW Features No Down Payment Leases and Holiday Credit in November

BMW is offering very similar incentives in November to what has been offered the past few months. Shoppers can still choose from low auto loan rates and lease deals on most new 2011 models. BMW has added a $1,500 or $2,500 holiday credit in November, depending on the model.

BMW is continuing its 0.9 percent car loan rate on most 2011 vehicles and a few remaining 2010 models in November. The 0.9 percent rate is good up to 36 months. If you prefer a longer auto loan, BMW is offering 1.9 to 4.9 percent financing for 37 to 72 months on select models. The interest rate increases with the length of the car loan. The $1,500 or $2,500 holiday credit is being offered in addition to the low auto loan rate if you finance through BMW. It will be deducted from the sale price of the vehicle.

BMW is also continuing its 36-month lease deals with no down payment in November. Last month, the lease incentive was only good on 2011 3 Series and 1 Series cars. In November, BMW is offering the $0 down payment lease deal on the majority of 2011 models. Only the first month’s lease payment is due at signing. The $1,500 or $2,500 holiday credit is also available on BMW’s lease deals. It will be deducted from the price of the vehicle when leased through BMW.

2011 BMW 528i

The 2011 BMW 528i can be leased for $679 a month with no down payment in November.

Certified pre-owned BMWs have three different incentive options in November. You can choose from a payment credit up to $1,500 (which BMW says is like having your first three payments covered). The second option is 0.9 percent auto loan financing on select 2007 and 2008 CPO models. The third choice is BMW’s worry-free, no-cost maintenance for up to six years or 100,000 miles.

BMW’s MINI brand is offering a 36-month, $199 lease incentive for its 2011 MINI Cooper Hardtop this month. You’ll need $2,727 at lease signing. The 2011 Clubman can be leased in November for $215 a month for 36 months with $2,624 due at signing.

MINI is also offering 0.9 percent auto loan financing up to 60 months on all 2011 models in November. This is a much better deal than the 3.9 percent rate on 2011 models that was offered last month.

Incentives listed are for the southeast region. They may differ depending on where you live. Check BMW and MINI’s sites to find the incentives in your area.