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  #1  
Old 07-23-2009, 10:41 AM
Zeke77 Zeke77 is offline
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Location: Red Carpet Club
 
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Mein Auto: 2008 X3; 2007 650i conv
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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  #2  
Old 07-23-2009, 11:33 AM
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Orient330iNYC Orient330iNYC is offline
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Location: Wall St
 
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Mein Auto: Daihatsu Terrios
BMW FS gets it. they own the car, not the dealer.
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  #3  
Old 07-23-2009, 12:03 PM
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Calif65GM Calif65GM is offline
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Quote:
Originally Posted by Orient330iNYC View Post
BMW FS gets it. they own the car, not the dealer.
+1 yep the dealer got their money when you signed the lease paperwork.
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  #4  
Old 07-23-2009, 12:39 PM
tarf tarf is offline
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Mein Auto: 2009 E90, 2008 RX350
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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