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I generally apply online for lease credit approval, early to lock in incentives etc. I currently have an approval for an X3 lease that expires on July 30th, but may not be able to execute a lease until August; so would have to renew. I believe that anytime your credit is pulled it can result in a slight drop in your credit score so wondering if anyone knows if a renewal would have the same effect.
 

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I generally apply online for lease credit approval, early to lock in incentives etc. I currently have an approval for an X3 lease that expires on July 30th, but may not be able to execute a lease until August; so would have to renew. I believe that anytime your credit is pulled it can result in a slight drop in your credit score so wondering if anyone knows if a renewal would have the same effect.
Likely yes, but by only a few points. It's a necessary evil to get BMWFS credit/incentives in August.

mjb
 

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Discussion Starter #3

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Flying monkey herder
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does bmwfs always do a credit pull?
when i got my X3 in october, i did a credit app to lock sept rates and did not see any inquiry.
 
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