In Reply to: BMW Financial Services is killing me........ posted by JG on July 29, 2000 at 18:08:54:
So, basically BMW won't send the title to anyone whose name isn't on the contract- even after all the stupid paperwork is done on the other buyers behalf-
Why would BMW care who buys the car outright?
Same thing with taking over the lease- they charge you $450, person has to send in a credit app, both parties sign a transfer of interest form (gets notorized)- but if they default on the payments, the person on the contract is still responsible- this is also a bunch of crap, what am I paying $450 for.
My friend just sold his Viper (bought used at a Chevy dealer)- he had no problems with GMAC switching over all "responsiblity" and title to the buyers name, leaving him without having to pay state tax. Its a different company, but still- BMW shouldn't be any different.
Am I missing something????? I hope so. thanks for reading.