Quote:
Originally Posted by FishJ
Interesting thread, great conversation.
So I have a X5 2020 on order, and I signed my quote sheet first week of December. I expect the car will show up end of Feb. Since then the BMW interest rates on leases have dropped 1%. I feel I should be able to negotiate the final contract with the new rates in place.
I assume I am correct? This is my first time ordering a car from factory.
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Yes, you are correct. You get the best of both worlds when locking - if rates/incentives worsen when you "sign", you keep the more favorable rates/incentives. If they improve, you can get the better rates/incentives.