1st time ordering a car

gpburdell · 12-30-2014, 01:10 PM

Hey everyone,

Thanks for the great info on here. I had a question as I'm new to ordering a car vs getting one off the lot.

I'm planning to lease and was wondering if the terms of the lease set at time I order or when the car comes in?

I assume at least the price would be settled at the time of order, but not sure.

thanks

MEBII · 12-30-2014, 01:39 PM

the terms apply as of the order date. this includes incentives.

hyperzulu · 12-30-2014, 05:41 PM

Price is settled at time of order. On the east coast, you can use whatever terms are currently available, or any terms which come out 60 days after the end of the current period. I would work out the capitalized cost of the vehicle, and make sure to state that you are free to use any terms which are made publicly available later. Also agree ahead of time on any fees, such as documentation fee, and that there will be no markups on current or future term money factors.

This should secure your position, so they don't later come and say you're not eligible for that $1000 option credit because that brings the price you negotiated down below what was agreed, or some bs like that which some dealerships like to use. Negotiated price is independent of incentives. Shake on that.

12-30-2014, 01:10 PM	#1
gpburdell Private 5 Rep 51 Posts Drives: EBII M235i Join Date: Apr 2014 Location: ATL iTrader: (0)	1st time ordering a car Hey everyone, Thanks for the great info on here. I had a question as I'm new to ordering a car vs getting one off the lot. I'm planning to lease and was wondering if the terms of the lease set at time I order or when the car comes in? I assume at least the price would be settled at the time of order, but not sure. thanks
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12-30-2014, 01:39 PM	#2
MEBII Mike Bryan 17 Rep 73 Posts Drives: 2015 M235i Join Date: Oct 2014 Location: United States iTrader: (0) Garage List 2015 BMW M235i [0.00]	the terms apply as of the order date. this includes incentives.
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12-30-2014, 05:41 PM	#3
hyperzulu Colonel 701 Rep 2,337 Posts Drives: 2015 M235i Join Date: Mar 2014 Location: Los Angeles iTrader: (0)	Price is settled at time of order. On the east coast, you can use whatever terms are currently available, or any terms which come out 60 days after the end of the current period. I would work out the capitalized cost of the vehicle, and make sure to state that you are free to use any terms which are made publicly available later. Also agree ahead of time on any fees, such as documentation fee, and that there will be no markups on current or future term money factors. This should secure your position, so they don't later come and say you're not eligible for that $1000 option credit because that brings the price you negotiated down below what was agreed, or some bs like that which some dealerships like to use. Negotiated price is independent of incentives. Shake on that. __________________
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