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      06-26-2022, 10:34 PM   #1
comebackid
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Drives: 2023 M4 Competiton, 2021 X7
Join Date: Nov 2006
Location: Northern New Jersey

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Has anyone locked in a rate for '23 models?

So I received an allocation and placed my order for a '23 M4 Competition on 6/15. My SA asked if I wanted to lock in the rate. I figured the way things are going on in this world, why not. He told me I'm locked in at 3.99 with $500 loyalty credit. Fine. However, when I went on the website, it stated 3.49. I asked about this, and he tells me that 3.99 is the rate.

I reached out to my friend at BMW Corporate who will look into the matter and give me closure by end of the week. He did say, however, that sometimes BMW Financial Services will update the rates internally before the team that updates the website can get the rates updated.

I asked if the dealership is trying to pocket .50 for themselves, but he said that financing goes directly through BMW Financial Services.

I checked again today (6/26), and the rate is still 3.49. In all fairness, however, this is based on 2022 and not 2023 M4 models.

Anyone else have luck in locking in a rate and what rate you received?

Thanks.
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