|
|
|
2010 2011 BMW 5 Series Forum F10 Do you pay all or partial on a new order? |
|
Post Reply |
|
Thread Tools | Search this Thread |
06-17-2010, 07:49 PM | #1 |
Private First Class
42
Rep 133
Posts |
Do you pay all or partial on a new order?
If I want to pay the F10 series at a full price, do I pay a down payment first and wait for the car to arrive and once it arrive in about 2 months I would need to test drive it one more time before signing any paper and pay the rest of the amount....or...
do I have to pay the full amount and wait for the car to arrive? I am in California by the way. |
06-17-2010, 08:28 PM | #2 |
Major
138
Rep 1,424
Posts
Drives: '23 i4 M50, '15 M3, '18 911
Join Date: Jul 2007
Location: San Diego, California, USA
|
I paid $500 refundable at order. The rest after the car got to the dealer, I checked the car out, and I drove it once. Took about 6 weeks after it was built.
|
Appreciate
0
|
06-18-2010, 10:26 AM | #3 |
Major
33
Rep 1,134
Posts |
Agreed, I put down 1k but anything more then that is really overkill for commitment.
Although since your not getting financing then they may require something extra. My down payment was accompanied with an approval letter from my financial institution. Have you seen the interest rates at some credit unions lately, almost free money! Because your in the States as long as its not some weird configuration it really shouldn't matter as they will sell it relatively quickly if you back out.
__________________
2014 550i M-sport
Last edited by delvek; 06-18-2010 at 10:27 AM.. Reason: bad grammar |
Appreciate
0
|
06-18-2010, 11:25 AM | #4 |
Enlisted Member
1
Rep 34
Posts |
For the 3 BMW's I've bought I had to put down a deposit, but I've always used a Amex card for the deposit, and they never actually charged the card for the deposit. If you give them a check, do they actually cash the check?
|
Appreciate
0
|
06-18-2010, 01:46 PM | #6 |
Enlisted Member
1
Rep 34
Posts |
I had hoped that they would have charged my amex so I would have paid that a few months ago, and not have to write a larger check when I picked up my car. I guess for a credit card they just get an authorization and don't actually charge it (and avoid the credit card proecessing fee the banks charge them).
|
Appreciate
0
|
06-18-2010, 08:50 PM | #7 |
Enlisted Member
6
Rep 41
Posts |
I initially gave my dealer a check for $1000 which they did not cash.
I'm doing ED, so the car must be paid for a minimum of 7 days prior to delivery in Munich.
__________________
Current: 07 911 GT3, 08 E60 M5
Retired: 03 E39 M5, 02 E46 M3, 94 E36 325is, 89 E30 325i (first and most missed) |
Appreciate
0
|
06-20-2010, 02:52 PM | #8 |
Registered
0
Rep 1
Posts |
I gave my dealer a credit card and they actually charged the card at the time I placed the order.
I am now realizing that I can get a better deal than the one I signed for. I would assume a good dealer would match or come close to the new price I have. Anyone ever successfully renegotiated during the order process? I am not obligated to accept the car. I don't want to do that but want to come to a fair resolution. Thoughts? |
Appreciate
0
|
06-25-2010, 08:40 AM | #9 | |
BMW Alpina Enthusiast
13
Rep 67
Posts |
Quote:
upfront in exchange for the dealer giving me more discount on the price of the car. |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|