Hoping someone here can answer:
I applied for BMWFS financing back in January and was approved as tier 1, this was for the 1.99% rate. My dealer ordered my car and it finally went into production this past week (currently “awaiting carrier assignment”)
I see now that BMW is running a promo rate of 0.9% that ends in the beginning of march. If my 1.99% rate approvals says it expires end of march, would my dealer have to run my credit again now to lock in the 0.9% in case I don’t take delivery before the promo ends or does the new promo rate automatically get locked in for me since my original approval extends beyond it?
I asked my dealer and he said we have time and that my original approval covers it but I just want to make sure