Has anyone bought out their lease in Illinois recently?
BMW now states that I have to contact a dealer to complete the buyout, but I do not want to pay additional fees that dealer will tack on that are not stated in my original contract.
Can I mail certified check directly to BMWFS instead of going to the dealer? Has anyone tried doing that when their buyout paperwork stated to contact dealer?
Another question is who is the best (lowest fees and added charges) dealer in Chicago area to complete the buyout? Also if the dealer is far can I do everything over phone/email/mail? I’m not interested in paying for inspections to get the car certified and dealer telling me I need new tires and refinished wheels to buyout my lease and want to buy as is.
I couldn’t do direct buyout from BMWFS because the new paperwork is 5 pages and information on where and how to pay is missing along with odometer statement. I would’ve tried had I printed a copy before this change went into effect. I actually called BMWFS and they gave me address to send the check to, but I’m afraid it would’ve gotten rejected because of the missing portions of the paperwork.
I ended up going to Orland Park BMW, where I originally got the car, and they only charged $300 for processing and did not want to inspect the car and sell me additional crap.