Locking in a money factor and residual for an order?

[alg200]

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I just want to clarify this before I place an order for an M3 this month (July)....

If I'm on the East Coast the current month's MF and Residual are locked in for 60 days?

If the residual or MF get better during the next 60 days I can get the better rate?

If my car does not come in 60 days I'm forced into whatever the rates are that current month?

This is a BMWFS policy that all dealers must adhere to?

Thanks!

[GrussGott]

Originally Posted by alg200

I just want to clarify this before I place an order for an M3 this month (July)....

If I'm on the East Coast the current month's MF and Residual are locked in for 60 days?

If the residual or MF get better during the next 60 days I can get the better rate?

If my car does not come in 60 days I'm forced into whatever the rates are that current month?

This is a BMWFS policy that all dealers must adhere to?

Thanks!

I'm no expert but I believe yes to all although I really have no idea what I'm talking about.

[GOLFFRR]

yes you can lock rates in for 60-90 days depending on your location. East coast is 60 days I believe

[parky1215]

Originally Posted by GOLFFRR

yes you can lock rates in for 60-90 days depending on your location. East coast is 60 days I believe

Is it for lease only? Or does it also apply to APR on bmw select?

[GOLFFRR]

Originally Posted by parky1215

Is it for lease only? Or does it also apply to APR on bmw select?

All of them Finance/Lease/Select