Quote:
Originally Posted by wanderlustMD
Yeah same thing with me. I am curious if the credit rate should be locked in at the time of delivery. Let's wait for the more experienced people to reply.
My deal:
Alpine white X5 40i + off-road package + Executive tier + night vision package and other small things. The Vehicle Inquiry Sheet has Production Number already!
MSRP: 77930
Selling Price: Invoice 73,060
Financial Rebate: 2000
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They lock the rate when they run the credit check for 60 days (90 for cali I think) but when you pickup if the rate has gone down you can opt for that instead if you wanted or finance with someone else (but will loose the BMW APR credit if you do that).
Also - dealers choice if they want a deposit or not, usually they have you sign the credit app obviously and most have you at least initial or sign the offer just so there is no confusion, but in most states you can walk away even once the vehicle arrives.