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      06-21-2012, 09:56 PM   #26
cmhsam
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Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

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Quote:
Originally Posted by Bmill View Post
So I'm just the accountant here... We need the lawyers to weigh in.

There seems to be four parts, two are easy to proactively due. Down load the app and go for a drive.

The third is a matter of facts..... Do you have a current lease or loan with BmW FS.

Four seems to be a bit of a issue. The purchase, lease or order between June 20 and July 31. I don't see how any of us are going to make the July deadline for the purchase or lease, none of us will have a car by then. So just when did I order my car? I sure had my information into the BMW system before yesterday. Heck I might have order this car a year ago when I put $500. Down on a waiting list! So who is going decide, BMW at the time of my first payment..... That seems like a losing proposition.

Oh well maybe taking a salesperson for a joy ride it value enough.
So my understanding is that buyers who are doing ED will have to sign all the paperwork about 30 days before the scheduled pickup of the vehicle. For a lot of us it seems to be around 9/1 or 9/3. There was a previous thread which was started around lease inception on ED vehicles. In speaking with my CA last Friday he told me that once the programs are released for the vehicle they will ask me to come back in and do all the final paperwork and put any remaining monies down, including first payment. I am going to maximize the amount of MSD's. Therefore at this time would be the point of lease inception, i would think? So if the buyer can get that completed by July 31, they should be able to take advantage of the offer.

Part two of the verbiage includes the word "order". I would, once again assume, that we should qualify as well based on the order timelines.

I am no expert just trying to make sense of this as well. I dont know how this will work for those who are not doing ED since the vehicles are not supposed to arrive in the US until late August.
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