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deals of the week

Legendary rivalries exist in automotive as they do in sports, and competition among the German luxury auto makers is alive and well. This was on display last week in the form of friendly ribbing from Mercedes-Benz in celebration of BMW's 100th birthday.

Mercedes-Benz itself celebrates its 130th anniversary this year and took the opportunity to remind its rival of that with advertised birthday wishes to BMW stating, "Thank you for 100 years of competition… the previous 30 years were actually a bit boring." As a tongue-in-cheek birthday gift, BMW employees were also offered free admission to the Mercedes-Benz Museum in Stuttgart, Germany along with priority parking for BMW vehicles directly outside the entrance.

Here is a peek into BMW's vision for the next 100 years . In the meantime, this week our favourite deals feature German luxury made more affordable with big savings from recent incentive enhancements:

BMW

2016 BMW 5 Series

While the BMW 5 series will be redesigned for the 2017 model year, those who opt for the current 2016 model will be eligible for big savings. Cash purchasers can take advantage of a $7,500 manufacturer incentive on the 2016 5 Series (compared to $2,500 in January), while finance and lease customers are eligible for a $5,000 rebate (compared to $1,000 in January). Financing for up to 60 months is available for 0.9 per cent (compared to 1.9 per cent in January) and leasing is available for 1.9 per cent for up to 48 months (compared to 2.9 per cent in January).

2016 BMW 535i xDrive Sedan

  • MSRP: $67,000
  • Manufacturer incentive: $7,500
  • Estimated dealer discount: $1,000
  • Freight, PDI, government fees: $2,285
  • Cash purchase price before tax: $60,785
  • Finance for 60 months at 0.9 per cent for $1,219 per month including tax (includes a $5,000 manufacturer incentive applied before tax and assumes zero down payment)
  • Lease for 48 months at 1.9 per cent for $863 per month including tax (includes a $5,000 manufacturer incentive applied before tax, assumes a 20,000 annual kilometre allowance and zero down payment)

Mercedes-Benz

2016 Mercedes-Benz CLA-Class

Cash purchasers can take advantage of a $1,500 manufacturer incentive on the 2016 CLA (compared to zero in February). Financing for up to 60 months is available at 0.9 per cent while leasing for up to 45 months is available at 1.9 per cent. Finance and Lease customers will qualify for a three-month payment waiver (a maximum of $400 per monthly payment for lease, and $600 per monthly payment for finance).

2016 Mercedes-Benz CLA 250 4MATIC

  • MSRP: $37,500
  • Manufacturer incentive: $1,500
  • Estimated dealer discount: $500
  • Freight, PDI, government fees: $2,215
  • Cash purchase price before tax: $37,715
  • Finance for 60 months at 0.9 per cent for $756 per month including tax (assumes zero down payment; customer will qualify for an additional three-month payment waiver up to a maximum of $600 per monthly payment)
  • Lease for 45 months at 1.9 per cent for $556 per month including tax (assumes an 18,000 annual kilometre allowance and zero down payment; customer will qualify for an additional three-month payment waiver up to a maximum of $400 per monthly payment)

Audi

2016 Audi A4

Cash purchasers can take advantage of a $6,000 manufacturer incentive on the 2016 A4 (compared to $4,500 in February) while finance and lease customers can both take advantage of a $1,500 incentive. Financing for up to 60 months is available at 1.9 per cent and leasing for 48 months is available at 1.4 per cent.

2016 Audi A4 2.0 TFSI Quattro Progressiv+ Tiptronic

  • MSRP: $46,600
  • Manufacturer incentive: $6,000
  • Estimated dealer discount: $750
  • Freight, PDI, government fees: $2,235
  • Cash purchase price before tax: $42,085
  • Finance for 60 months at 1.9 per cent for $920 per month including tax (includes a $1,500 manufacturer incentive and assumes zero down payment)
  • Lease for 48 months at 1.4 per cent for $670 per month including tax (includes a $1,500 manufacturer incentive, assumes a 20,000 annual kilometre allowance and zero down payment)

Volkswagen

2016 Volkswagen Touareg

Cash purchasers can take advantage of a $4,000 manufacturer incentive on the 2016 Touareg (compared to zero in January) while lease customers can take advantage of a $2,000 incentive. Financing for 60 months and leasing for 48 months are both available at 2.99 per cent (compared to 3.99 per cent in January).

2016 Volkswagen Touareg 3.6L V6 Highline

  • MSRP: $59,075
  • Manufacturer incentive: $4,000
  • Estimated dealer discount: $1,000
  • Freight, PDI, government fees: $1,900
  • Cash purchase price before tax: $55,975
  • Finance for 60 months at 2.99 per cent interest for $1,217 per month including tax (assumes zero down payment)
  • Lease for 48 months at 2.99 per cent interest for $871 per month including tax (includes a $2,000 manufacturer incentive, assumes a 20,000 annual kilometre allowance and zero down payment)

Andrew Tai is CEO of Unhaggle

Pricing and calculations are based on Ontario customers and subject to availability of inventory. Please note that while the information above is accurate at the time of publication, pricing, incentives, and discounts may vary and are subject to change or discontinuation at any time. Dealer discounts are estimates and may be given at the discretion of individual dealers. Consult your local dealership for details.

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