Quote:
Originally Posted by thereef510
So I have a 'deal in principle' with my dealer and put down a deposit based on it. my car is being built now. I posted my deal earlier and some others pointed out that I should try to negotiate for more since they were offering a bit higher than last month's base MF. This month's base MF has gone up and the residual has gone down, so are they going to change the deal or keep what we discussed as is based on what was agreed upon during the initial negotiation?
also i guess given the new rates and residual, it would be foolhardy for me to try to renegotiate now for a better deal, right?
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If you did the credit app then you should have a rate lock. More than likely you did so you don't have to worry about the increase. If you didn't and the MF they are quoting you is higher than what the new base is, hopefully they stick to the deal and imagine they will given you put down a deposit.