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      02-10-2008, 10:44 PM   #1
ericsmc83
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Drives: 08 E92 335i MT
Join Date: Sep 2007
Location: Las Vegas, NV

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Ordering Timeline: Insurance, Signing, Etc

I've been speaking with an SA at my local dealership about ED and the ordering process, and just wanted to clarify a few points.

1. My understanding is that all the financing terms are negotiated at order time, yet you don't actually sign until 7 days prior to ED. How then are the terms locked without a contract?

2. Do you have to have an active insurance policy when you go to sign, or can you wait until the car is actually on US soil? Reason I'm asking is it seems unnecessary to have to pay for 6-8 weeks worth of insurance while the car is in Europe/on a boat, and especially when the car is already insured in Europe.

Thanks for your help!
Eric
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2008 E92 MT | VTT Stage 2+ 20T | VTT Inlets | JB4 MHD E85 | Fuel-It Stage 3 LPFP w/FPR and Return | BMS PI | AR DP | AE Quad Exhaust | Helix FMIC | ER CP | Tial BOV | DCI | AR OCC | Spec Stage 3+ | SMFW