Quote:
Originally Posted by CALIF65GM
Yes in CA. The rest of the country it's 60-days.
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I just spoke with a friend who's a finance manager at a California BMW dealership.
It used to be 90 days for California dealers. But BMW FS has reverted back to the 60 days approval time-frame like the rest of the country.
However, the 60 days approval for your locked rate is from the time that the program ends, NOT 60 days from the credit application submission date.
For example, if you go to a BMW dealership today and submit a credit application to BMW FS, this approval is good for 60 days from June 30th, not 60 days from today. The current lease and residual program dates are from May 6, 2008 to June 30, 2008.