BMW Offering Up To $13,000 Discounts On EVs In The US

If you’ve been saving to buy (or lease) an electric BMW, now might just be the perfect time to sign your name on the dotted line. Cars Direct got a hold of a dealer bullet sent to dealers across the United States, informing them about significant rebates on EVs. These deals are available through April 30 for all the company’s zero-emission models in the US.

The i4 and i5 are now $5,000 off, courtesy of a purchase incentive. That’s regardless of whether you finance through BMW Financial Services or buy the car outright. Factor in the $1,000 loyalty discount for the i4 and $1,500 for the i5, and you’ll be saving even more money. You must be a current or former BMW owner or lessee to take advantage of this extra bonus. A $7,500 lease credit is available for both cars.

Step up to the bigger i7 and the purchase incentive grows to $7,500. In the case of the flagship sedan, the loyalty discount amounts to $3,000. You’re looking at saving $10,500 by buying the car. That said, a lease makes more sense considering BMW has a $9,900 lease credit on the i7. Combine that with the loyalty discount and the price goes down by nearly $13,000.

There are deals on the iX as well, including a $7,500 purchase incentive and a $9,900 lease credit. If you’re not in a hurry, we’re hearing an upgraded iX is coming in 2025 with extra power and range.

On top of that, Cars Direct points out that the $1,000 conquest credit still applies to customers from the West Coast coming from a different brand. Those who plan on buying through BMW Financial Services can also take advantage of 3.99% APR financing.

In the first quarter of 2024, BMW sold 10,713 EVs in the US, or about 12.7% of the total volume.

Source: Cars Direct

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