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Ask-A-Dealer
Talk to our team of BMW Client Advisors. Get all of your buying/financing/leasing questions answered here! |
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#1
07-23-2009, 10:41 AM
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Who gets the over-mileage fees on lease returns?
If you are a dealer, do you get to keep this, or is this simply a payment to BMWFS that the originating dealer doesn't get to participate in?
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MY2007 650 conv | Stratus Gray | Black Pearl | HUD | Night Vision | Sat | Logic 7 | RT Traffic | Cold Weather | 6-speed Euro Delivery completed 9/15/06 MY2008 X3 3.0si |Monaco Blue| Sand | Sport | Prem | NAV | Auto | Euro Delivery 9/21/07 2004 X5 4.4i (retired) 
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#2
07-23-2009, 11:33 AM
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BMW FS gets it. they own the car, not the dealer.
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Past: 2001 330i ZSP/ZPP/Step Past: 2004 S60R 6MT Sport Past: 2007 335i 6MT ZSP/ZCW/322/655 Past: 2010 335xi ZMP/ZCW/ZPP/PPK/PE Present: 2013 335i 6MT ZMM/ZDH/ZTP/3AG/494/508 Current Homeland Threat Level:
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#3
07-23-2009, 12:03 PM
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Quote:
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E93-35 ED 5/2/08 completed 16:20. Montego/Jade Gray, Gray Poplar trim, Step w/Paddles, PP, SP, CA, Heated Seats & iPod. 24-mth lease with 19,250 mi/yr. Re-delivery 6/20/08 (1st day of summer); 7-wks total.[/SIZE] De-badged 330xi/Mystic Blue/Gray Leather/Alumin. trim/Auto/PP/SP/CA/Fold-down rear seat/alarm. ED date 11/14/05 and redelivery completed 1/14/06. Sold to Carmax 6/7/08 w/ 50,650 miles on the clock
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#4
07-23-2009, 12:39 PM
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I presume that the dealer pays a lower price to BMWFS when they buy the over-mileage car versus what they would pay for one that isn't over mileage. So its not like the over-mileage payment is a windfall to BMWFS.
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