Thread: Rate Lock
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      01-14-2020, 11:31 AM   #15
Wxnatscaps
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Drives: 2020 X5 40i Arctic Grey
Join Date: Jun 2019
Location: Northern Virginia

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Quote:
Originally Posted by pbreezy824 View Post
I was told by a my sales person here in the northeast that rates from December can't be locked and carry over into a new year. Can anyone confirm that this is incorrect?

I know incentives do not, but my understanding was that MF / residual would for 60 days (if credit is run)regardless of whether or not that falls at the end of the year.
Agree with karateboi87...both incentives AND rates can be carried over from December to January. California allows for 90 day lock while other states are 60 days (and I recently learned that's 60 days from the last day of the month you locked in...so if you locked on December 19, the 60 day clock starts on December 31).
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