I tried searching the forums for a similar situation with no results; I suppose Ask-A-Dealer would be the most correct forum to ask this.
Through a private party sale, I managed to sell my 09 BMW 328i and the buyer is patiently waiting for me to get the title so we can sign it over to him. (He left a $1k non-refundable cash deposit with me to lock this in).
Yesterday, May 2nd, I made out a cashier's check to FSRI and over-nighted it to their address in Westerville, OH. Through a USPS notification, they had received it earlier today May 3rd, at noon.
How long does it normally take (from anyone's personal experiences or from a dealer's experience) to get the title from them (FSRI, Inc.) in the mail? I did choose the $15 option to have the title over-nighted to me.
Any shared time frame, thoughts, or ETA date is appreciated! I hope to get this title in by next week.
I guess I didn't read all the details. The timing depends on how you pay. Regular check is 15 days but I would assume within a week with certified funds and the overnight fee.
I tried searching the forums for a similar situation with no results; I suppose Ask-A-Dealer would be the most correct forum to ask this.
Through a private party sale, I managed to sell my 09 BMW 328i and the buyer is patiently waiting for me to get the title so we can sign it over to him. (He left a $1k non-refundable cash deposit with me to lock this in).
Yesterday, May 2nd, I made out a cashier's check to FSRI and over-nighted it to their address in Westerville, OH. Through a USPS notification, they had received it earlier today May 3rd, at noon.
How long does it normally take (from anyone's personal experiences or from a dealer's experience) to get the title from them (FSRI, Inc.) in the mail? I did choose the $15 option to have the title over-nighted to me.
Any shared time frame, thoughts, or ETA date is appreciated! I hope to get this title in by next week.
In the past with dealing with BMW Financial for a payoff, my checks (my certified check + my lender bank check) arrived on Thursday from fedex overnight. They did not confirm until mid may monday that the car was paid off. Then they held it for 15 days because they didn't feel that my lender's check (Bank of America) was certified funds. They mailed the title overnight after day 15, and I received it the following day.
Could you please let me know the process with the DMV, once I receive the title from BMWFS after payoff? I also requested and received a POA to continue using the license plates. Thank you!
I got mine within a couple of weeks, opted for Fed Ex return. No issue on them cashing the check or any aspect of the process. I would suggest a phone call. BTW I used a certified check, if you just sent a regular check it adds to the process I would suspect 10 business days at least. The instructions are pretty clear on the extra time. i also sent the check by Fed Ex. This was too big a purchase to not have excellent records of the process
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