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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum Car is built and at port, but still no credit pull

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      05-22-2019, 02:56 PM   #1
Bigface
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Car is built and at port, but still no credit pull

Hi, a question regarding credit pulls on a custom build. My order was placed on 5/8 and currently is sitting at the port waiting for a vessel. I do not see any hard pulls on my credit yet based on credit karma. However, my CA said the credit was submitted to BMW. I am wondering if anyone have a similar experience. I am little bit concerned since my understanding is in order to get this month's program the credit needs to be run this month? Otherwise I can only get June's program when it delivers?

Thanks!
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      05-22-2019, 05:56 PM   #2
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When they ran the check, you should've received a response from BMW, either an approval or a denial. I did mine online and got a response the next day. I suppose you can always ask your CA for the approval letter, or contact BMW FS directly and find out for sure. If approved, you should get an approval/confirmation code with an expiration date.
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      05-22-2019, 08:35 PM   #3
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Is credit karma reporting all three agencies to you? BMW only uses 1 of them.
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      05-22-2019, 10:23 PM   #4
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Credit karma sometimes is delayed from my experience, maybe sign up to a trial to a better reporting tool.

Side note: Interested in your MSRP ...your build selling price offered to you etc as i'm in a similar situation about to pull a trigger. Wondering if they still do agressive ~5-10% MSRP discounts before incentives for custom order m340i's.

Also did you put any deposit down for this custom order or sign anything if you end up not doing it?
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      05-23-2019, 05:51 AM   #5
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Last time I ran my deal thru leasehackr it was about 8.5% off before incentives and rebates. So yea, they definitely discount orders. No money down, all due at time of pickup.
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      05-23-2019, 09:09 AM   #6
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Thanks for all your feedback!

Credit Karma has TransUnion and Equifax, so there is a chance BMWFS use Experian only. However, I do see someone says he/she got a hard pull a few days later on CK after order was placed.

I was able to get 10% off before 3750 incentives (lease credit+ loyalty + OL code). I did fill a credit card authorization form for $2000 deposit but they never charged as well.
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      05-24-2019, 06:48 AM   #7
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Quote:
Originally Posted by libosun View Post
Thanks for all your feedback!

Credit Karma has TransUnion and Equifax, so there is a chance BMWFS use Experian only. However, I do see someone says he/she got a hard pull a few days later on CK after order was placed.

I was able to get 10% off before 3750 incentives (lease credit+ loyalty + OL code). I did fill a credit card authorization form for $2000 deposit but they never charged as well.
I did the online app. at BMWFS before building car, and it pulled from experian.

At time of delivery dealer did another pull (Experian and Transunion)! Which was pointless since I already had approval! Since both pulls were done within 3 weeks of each other, it was treated as 1 hard pull.
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