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F10 / F11 (2011 - Current)
The new chapter in the highly successful story of the BMW 5 Series Sedan (F10) and wagon (F11)

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  #1  
Old 07-12-2010, 08:18 AM
Ivo Andric Ivo Andric is offline
Ivo
Location: Chicago
 
Join Date: Jun 2010
Posts: 27
Mein Auto: BMW 550i xDrive
ordering procedure

After long deliberations, I have decided to order 550i.
Since I have never ordered a car from the factory before, I don't know how that works.
From reading the posts here, I need to give the deposit - something like $1000.
Do I need to sign the buying contract straight away, or that is done when car arrives in 2 months time?
What happens if in two months time my circumstances change and I don't want the car - do I just leave the deposit on the table?
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  #2  
Old 07-12-2010, 10:51 AM
lindros2 lindros2 is offline
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Location: The Ghetto Hood
 
Join Date: Jun 2010
Posts: 514
Mein Auto: BMW
Depends on the dealer and type of car you order.

If you get a fully-optioned or unusually-optioned car, it might be more difficult to get the money back.

Also depends on your relationship with the dealer.
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  #3  
Old 07-12-2010, 11:23 AM
Newmanium Newmanium is offline
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Location: Portland, OR
 
Join Date: May 2007
Posts: 865
Mein Auto: Zipcars
In most places, deposit is fully refundable. They have to specify that it's non-refundable, and it's rare.

And it's optional as well - my dealer didn't even require one on a custom order. And for sure you don't need to sign any sort of a buying contract before taking delivery.
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  #4  
Old 07-12-2010, 11:50 AM
Ivo Andric Ivo Andric is offline
Ivo
Location: Chicago
 
Join Date: Jun 2010
Posts: 27
Mein Auto: BMW 550i xDrive
that's great, thank you guys!
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