Leasing Question
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Joined: Dec 2004
Posts: 221
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From: New Jersey
My Ride: 2005 525i: Mystic Blue, Auburn Dakota leather Premium and Winter Package, Xenons
the car has arrived as many of you know...when i pick it up will effect when my lease payments will come right? I wanted the payments to be at the begining of each month so i was going to pick it up next week in feb. but if it doesnt effect when i want my payments to come ill pick it up this weekend
please give me some input ...Thanks
please give me some input ...Thanks
Members
Joined: Dec 2004
Posts: 77
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From: Connecticut, USA
My Ride: 2005 530i - Alpine white with auburn interior; tip, xenon, pdc, sirius, prem, cold weather, red reflectors and xpel.
Yes, your payments will always be due on the day you pick it up. Given how the contracts are written, I doubt BMW Fin. will let you adjust your payment date. I do know if you use EFT they will only set it up for the due date. I suggest you give BMW Fin. a call and ask.
Hope you like your new car. Your about 2 weeks ahead of me.
Hope you like your new car. Your about 2 weeks ahead of me.
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Joined: Dec 2004
Posts: 80
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From: Kansas City
My Ride: 2005 525 Silver Gray/Black, Step, Premium, Cold, Xeon, 18" wheels
after you have started paying, you can request a different date, they are usually pretty flexible, at least they were for me, but I am special.
You definitely want to pick it up this month, for two reasons:
1. The January lease rates/residuals are very favorable (esp. if you're getting a 545). That could and likely will change in February - at least the residuals should go down, which will increase your payment.
2. Regarding the payment due date, there is at lease some "grace period" from the actual due date, a week to ten days.
Get the car, dude, and start enjoying it.
1. The January lease rates/residuals are very favorable (esp. if you're getting a 545). That could and likely will change in February - at least the residuals should go down, which will increase your payment.
2. Regarding the payment due date, there is at lease some "grace period" from the actual due date, a week to ten days.
Get the car, dude, and start enjoying it.
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Joined: Jul 2004
Posts: 82
Likes: 0
From: San Diego, California
My Ride: 2004 545i Silver Gray, Sport Package, Nav, Logic 7, 20 inch Asanti's
Call the dealer's F&I dept and they will do whatever you want. I worked as a Sales Manager in the car biz for 10 years.
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Joined: Dec 2004
Posts: 221
Likes: 0
From: New Jersey
My Ride: 2005 525i: Mystic Blue, Auburn Dakota leather Premium and Winter Package, Xenons
Yah anxious to get it and start driving...my dad paid for half and i owe him the other half...so im waiting on him...but monday is the day gentlemen...and ladies if any...cannot wait
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