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      01-21-2021, 11:09 PM   #1
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Beemertj's Avatar

Drives: 13' 535xi f10, 20' X5 i40
Join Date: Sep 2018
Location: Idaho

iTrader: (0)

Funny thing from a Dealer

So, about to close the sale on our house and BAM! A tree falls on our Van! Oh man, was it flattened like a pancake. So, rather than wait till we complete our move to a state with sales tax, we hurry up and buy our new car....just a couple weeks early. So, all we need is to borrow $$$ for about 2.5 weeks. Sounds good, great credit (+800) and do a quick deal with the dealer for a loan with 2.9% money and it should be paid off in in a few weeks. We get a great $3000 discount for using BMWFS to finance and get a great deal on a program car... No problem.

So, when we get to Finance, he tells me that we have to make 3 payments before we send a check to close the loan.

That was new to me?.....So, after 25 minutes of him trying to convince us our odd REQUIREMENT and my wife going through all the forms...NOT seeing this written anywhere.., I finally say to him... "So, what your telling me is...There is nothing in writing really to force-compel me to do make 3x payments?"

He eventually agreed and said, "um,.....yes, you TECHNICALLY don't have to".

What the heck was that all about?

ps..if this is in the wrong forum, I apologize.
528I 1998 SOLD
528Xi 2009 SOLD
535Xi 2013 -- Daily driver

2020 X5 G05 i40 -- Family car

Last edited by Beemertj; 01-22-2021 at 07:44 AM..