[icebeam]

Hi All,

I had some questions on locking in programs for a lease when custom ordering a car. I was hoping a dealer or a smart user might be able to answer some of these questions. Thanks!

1. Does a rate lock, lock in the residual % at the current time?

2. Does a rate lock, lock in the invoice price for the dealer at the current time?

3. Does a rate lock, lock in the buy rate for the money factor for the dealer at the current time?

4. Does a rate lock, lock in a conquest offer that BMWNA has made available at the current time?

5. How do you rate lock on a car that takes longer than 60 days to produce. For example you may have a build number but your production week is 1 month away.

6. Do you have to sign the lease agreement and run the credit for a lock to occur?

7. For special order cars like the Alpina does the lock work differently?

Thanks again!