Dealer Purchasing & Service Forum What's your dealers sales and service department like? Post finance and lease questions here too.

Leasing Question

Thread Tools
 
Search this Thread
 
Old Jan 28, 2005 | 04:13 AM
  #1  
Jerzguju's Avatar
Thread Starter
Members
 
Joined: Dec 2004
Posts: 221
Likes: 0
From: New Jersey
My Ride: 2005 525i: Mystic Blue, Auburn Dakota leather Premium and Winter Package, Xenons
Default

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
Reply
Old Jan 28, 2005 | 05:13 AM
  #2  
macct's Avatar
Members
 
Joined: Dec 2004
Posts: 77
Likes: 0
From: Connecticut, USA
My Ride: 2005 530i - Alpine white with auburn interior; tip, xenon, pdc, sirius, prem, cold weather, red reflectors and xpel.
Default

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.
Reply
Old Jan 28, 2005 | 06:47 AM
  #3  
Man's Avatar
Man
Members
 
Joined: Dec 2004
Posts: 80
Likes: 0
From: Kansas City
My Ride: 2005 525 Silver Gray/Black, Step, Premium, Cold, Xeon, 18" wheels
Default

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.
Reply
Old Jan 28, 2005 | 07:11 AM
  #4  
pbarch1's Avatar
Contributors
 
Joined: Dec 2003
Posts: 311
Likes: 0
Default

I belive that in BMW owners circle you can adjust yoru payment date , you are pro-rated for the mounth the adjust date
Reply
Old Jan 28, 2005 | 07:33 AM
  #5  
TXPearl's Avatar
Members
 
Joined: Dec 2004
Posts: 145
Likes: 0
From: Dallas, TX
Default

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.
Reply
Old Jan 28, 2005 | 08:59 AM
  #6  
Bark41's Avatar
Members
 
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
Default

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.
Reply
Old Jan 28, 2005 | 12:13 PM
  #7  
Jerzguju's Avatar
Thread Starter
Members
 
Joined: Dec 2004
Posts: 221
Likes: 0
From: New Jersey
My Ride: 2005 525i: Mystic Blue, Auburn Dakota leather Premium and Winter Package, Xenons
Default

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
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
jashy247
Private Member Classifieds
1
Feb 23, 2021 05:50 PM
e60_simr
E60 Discussion
0
Jul 29, 2015 02:35 PM
ST JAMES
E60 Discussion
7
Jul 3, 2015 07:04 PM




All times are GMT -8. The time now is 02:04 PM.