I think these pdf's might help you learn more.
This website also has a lot of info on ED (european delivery) program.
http://forums.bimmerforums.com/forum...play.php?f=281
Yes, you order(and pay) for your BMW at a US dealer... then pickup your car in Munich at BMW's Welt. Drive teh car for up to two weeks. Then BMW pays to ship the car back to the states.