Quote:
Originally Posted by JMU_BMW
Quote:
Originally Posted by jimbethesda
Quote:
Originally Posted by Sinjen
Quote:
Originally Posted by jimbethesda
Why does anyone apply for financing before the car is fully built?
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To get a rate lock, and a lot of dealers won't take orders unless they know a customer can pay and/or os serious. Unless the rates are lousy and you think you'll be able to get a better rate at delivery, which isn't happening at .9%, getting the lock is always better than rolling the dice IMO. If someone's credit is at the point where a hard pull would negatively affect their rate, they shouldn't be financing $100k cars. |
Still seems like BS to me. What if you're paying cash? I've never been asked for more than $1,000 deposit using my credit card to place an order. I didn't even have to do that with my G83, although I've bought all my previous BMWs from them |
If you're paying cash, then they'll just take a deposit with no credit app. They run the credit to ensure you can get approved before locking up an allocation for you |
Right, so say cash. Then apply on your own if necessary once your delivery gets close.