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  BMW Forums » BMW discussion forums » BMW European Delivery
  Second Month Lease Payment. How does it work?

 Second Month Lease Payment. How does it work?



I have heard the BMWNA will pay or credit the second month of the lease on ED. How does this work? Will it just show up on the montly statement from BMW? Does this have to be nogotiated with the dealer ahead of time or is it there for everyone?
   Reply » Second Month Lease Payment. How does it work?

It's for every lease. No negotiating necessary.
Don't send your second payment in. It will appear as a credit on your statement.

You can always call BMW FS for your peace of mind...

   Reply » Second Month Lease Payment. How does it work?

Quote:
I have heard the BMWNA will pay or credit the second month of the lease on ED. How does this work? Will it just show up on the montly statement from BMW? Does this have to be nogotiated with the dealer ahead of time or is it there for everyone?
No need to negociate. You pay the first month payment when you sign the lease agreement. The second month will appear as a credit automatically. You start paying the third month.

   Reply » Second Month Lease Payment. How does it work?

They add .0003 to the money factor for European Delivery. I did the math and BMWFS makes about $300 more over the life of my lease even taking into account the free month they give me.

   Reply » Second Month Lease Payment. How does it work?

When did this program start? I started my lease on May 17 2005 and was charged upfront for both first and second month.
can anyone post a link to where the 2nd month is waived ?

Thank you.

   Reply » Second Month Lease Payment. How does it work?

Quote:
When did this program start? I started my lease on May 17 2005 and was charged upfront for both first and second month.
can anyone post a link to where the 2nd month is waived ?

Thank you.


Ditto for me.

Can someone shed some light on whether the 2nd month is actually "waived" or if it's simply included in the down payment already?


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