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  BMW Forums » BMW discussion forums » BMW 5-Series
  Can the dealer change my 545i lease agreement due to slow delivery?

 Can the dealer change my 545i lease agreement due to slow delivery?



Here's my problem:
I ordered a 545i from my dealer on June 16th which would be built in Germany. I agreed to nice lease terms: .0010 money factor, 59% residual. Very happy with the deal.
It looks like the car won't get here until after 60 days from the agreement(after August 16th) since it has been awaiting transport for 10 days now and I know it takes a month to 6 weeks from the time it is put on the ship to reach the dealer.
BMWFS allows you to lock in the lease deal for only 60 days.

The new July lease deal that just came out on the 545i has the same money factor but the residual is lowered to only 57% which would raise my monthly payment by $31.
If my car comes after August 16th, will I be forced into accepting the 57% residual and the $31 more a month instead of the 59% residual that was in force from June 16-August 16th on my deal since the dealer can claim that my original deal is past 60 days(through no fault of my own) and is no longer valid?
   Reply » Can the dealer change my 545i lease agreement due to slow delivery?

Quote:
First of all, once the car gets put on a boat, it only takes about 3 weeks before you take actual delivery. Secondly, how do you know it's been awaiting transport for 10 days? If you're getting that from the OC website or the 800 number, either could be quite wrong. The only reliable tracking info is that which you can get from the dealer.
Because I was over at the dealers almost 2 weeks ago and he told me that the car had been built and it was awaiting transport. Since that time I have been checking the OC website and now the 800 number and they both tell me that the car is awaiting transport. But you say either or both could be wrong. The car might already be on a ship.
I will be touching base with the dealer again this week on the 15th for an update.
Glad to hear it's only 3 weeks from the ship to the dealer.
My 325i lease is over August 2nd.

   Reply » Can the dealer change my 545i lease agreement due to slow delivery?

Quote:
Because I was over at the dealers almost 2 weeks ago and he told me that the car had been built and it was awaiting transport. Since that time I have been checking the OC....
If your car was build 2 weeks ago, I wouldn't be surprised if it is on the boat and nearing the VPC the next few days. The boat takes about 10 days to sail from Bremerhaven to the US east coast.

Check with your dealer. He can tell you what boat it's on, when it scheduled to arrive at the VPC, and the estimate date of arrival at the dealer.

   Reply » Can the dealer change my 545i lease agreement due to slow delivery?

Okay thanks.
I will be speaking to the dealer this week.


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