Hi,
I agreed to buy an SUV June 30th, paid broker that same day, signed a lease July 6th (traveling notary), SUV not yet picked from dealer. However in July the MF went down and discount added - what are my choices. I am supposed to pick in 1-2 days but would like to lower the lease rate. If the dealer (bought it through a broker on LH) does not reduce the lease rate, what are my choices?
Thanks
Pradeep don’t be cheap - how much lower? Are you looking to save $20/mo?
find a way to prevent contract from funding.
That is the only way to return car or redo the contract in my experience.
They might redo the lease as a courtesy if it’s not been funded yet.
Beyond that you have no choices. You signed a contract.
Talk to your broker first
I am just trying to find the options. That’s all. If none, so be it. The price cuts were announced before I signed the lease when notary came home.
What car is it?
If it was $20/mo I would not have bothered. I even stopped looking at LH after paying the broker. It seems to be more than $100 per month. Just saw that when another broker replied to an old request.
Appreciate the input.
This isn’t unreasonable at all, it’s just bad timing. Unfortunately up to the dealer
Was the first thing. Put in a message and text.
ix xDrive50
Lol - fair request - If deal isn’t funded just walk away
Who’s the dealer?
Sorry, do not understand the lease lingo. I am supposed to go pick the car from nearby state and was supposed to make the first set of payments there. Rest I assume I will get billing from BMW Financial services. Is that what you mean by funding?
My understanding is - if the additional rebate is given by BMW and BMW lowered the MF, the dealer is passing through to BMW.
Tell me who your broker is and I’ll tell you who the dealer is lol
Tell ‘em you won’t pick it up that should work - what dealer?
16 posts were merged into an existing topic: Off Topic Landfill 5
So why did you sign it?
If you were ignorant of the changes that’s on you. You paid a broker to … let’s call a spade a spade here… to remain oblivious to the actual negotiating.
If the other broker missed out on your business by not replying earlier then that’s on them.
Seems like everyone wants to have it both ways.
You’re not helping dum dum always yelling at people - leave him alone please leave him alone
Only the broker and dealer can help him - what’s with the I’m the high almighty- don’t make me take ur girl kid