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I placed an order for an M550i 2 weeks ago. The dealer did not have an allocation at the time, but said it most likely would be in April. I was considering going with the Merino leather interior, and he told me that would only add a couple of weeks to the build. I ended up sticking with the Mocha Nappa because I didn't want to order the Tartufo Merino without actually seeing it in a car. My car is now scheduled for production 3rd week of March.
Note that this is for the interior only, I have no idea about the lead time for the individual paint.
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