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      09-05-2008, 06:21 PM   #7
AchtungF80
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Drives: 997.2 GT3, '17 G30
Join Date: Apr 2006
Location: NJ

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Garage List
2008 135is  [9.50]
2010 Cooper S  [10.00]
1991 318is  [10.00]
Quote:
Originally Posted by thurst0509 View Post
Are you sure you are locked in?

Reason I ask is because I was unaware there was a way to lock in a specific rate while the car is being built. I secured my pre-approval loan check from Penfed in June when the rate was at 4.25%, but because the check was not exercised until July, I got hit with the 4.5% rate.

I called and asked about it afterwards and they said it was correct - my rate was 4.5% since that was the rate when I exercised the loan...
Wrong choice of words, my check was disbursed during the 4.5% term. The car was paid for over a week ago.
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