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      03-25-2020, 12:48 PM   #23
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Originally Posted by BigSky702 View Post
It doesn't get reported to the credit bureau?
No it does not... most banks are doing this not just BMW so you guys really need to jump at the opportunity. It doesn't matter how much money you have right now everyone can use a bit of help in these rough times.
What are you saying? I think this should be left for the people who needs the help. I am still employed and therefore I don't need this and thus won't partake. Very commendable of BMW to offer this though.
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      03-25-2020, 12:52 PM   #24
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Originally Posted by Ramesses View Post
As a BMWFS employee i can say we are taking this situation seriously!
We're all in this together.

It's a time to invest in relationships like never before.
Awesome. I just sent a request to defer two months. Thanks for sharing.
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      03-25-2020, 12:56 PM   #25
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We're all in this together.

It's a time to invest in relationships like never before.
Very well said! It can go a long way in the future
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      03-25-2020, 01:04 PM   #26
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Hi guys im in uk and currently on a pcp deal am I entitled too for this many thanks
Ring and ask them.

Never understand why people are too nervous to call their funders.
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      03-25-2020, 01:08 PM   #27
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Originally Posted by Y3MUR View Post
Hi guys im in uk and currently on a pcp deal am I entitled too for this many thanks
Ring and ask them.

Never understand why people are too nervous to call their funders.
My friend is on lease with audi he called them up and was disappointed they didn't offer him anything so i gave up (wasn't scared lol )but you are right its worth a call always
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      03-25-2020, 01:09 PM   #28
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got my april and may payments deferred until 1/15/23(end of lease), next payment is due in june.

thanks bmwfs
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      03-25-2020, 01:12 PM   #29
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Quote:
Originally Posted by Y3MUR View Post
Quote:
Originally Posted by Mr Burns View Post
Quote:
Originally Posted by Y3MUR View Post
Hi guys im in uk and currently on a pcp deal am I entitled too for this many thanks
Ring and ask them.

Never understand why people are too nervous to call their funders.
My friend is on lease with audi he called them up and was disappointed they didn't offer him anything so i gave up (wasn't scared lol )but you are right its worth a call always
Your friend needs to call back and ask again.

They have to offer some kind of deferred payment option one way or another.
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      03-25-2020, 01:23 PM   #30
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Originally Posted by ///M TOWN View Post
Your friend needs to call back and ask again.

They have to offer some kind of deferred payment option one way or another.
In fairness, they don't, but they will.
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      03-25-2020, 02:01 PM   #31
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that is a relief Im sure to a lot.
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      03-25-2020, 02:02 PM   #32
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Phone numbers dont work

Tried calling all of BMW USA and bmw financial services and none of the phones work lol...trying to called bmw to defer my payments and nothing.

Any solution?

Thank you
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      03-25-2020, 02:52 PM   #33
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Quote:
Originally Posted by Luistinoco View Post
Tried calling all of BMW USA and bmw financial services and none of the phones work lol...trying to called bmw to defer my payments and nothing.

Any solution?

Thank you
use the international number for BMW Financial Services: (614) 718-6350

The aforementioned number "usually" works when the main US number does not
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      03-25-2020, 03:46 PM   #34
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Quote:
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Quote:
Originally Posted by ///M TOWN View Post
Your friend needs to call back and ask again.

They have to offer some kind of deferred payment option one way or another.
In fairness, they don't, but they will.


Nope.

Yes it's the law.

It's not a new law either.
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      03-25-2020, 05:01 PM   #35
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Quote:
Originally Posted by chenry View Post
use the international number for BMW Financial Services: (614) 718-6350

The aforementioned number "usually" works when the main US number does not
Just called. Got a message that the phone lines are at capacity and to kindly call back the week that my payment is due.
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      03-25-2020, 05:42 PM   #36
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Originally Posted by psuibmw View Post
For leases, they are postponing the payment, which is good but for finance, it sounded like they trying to incur additional interest, disappointing
Quote:
Originally Posted by psuibmw View Post
but for finance, it sounded like they trying to incur additional interest, disappointing
I got 0.9% financing on my i8 so at that rate it's worth it as the interest is so low. Although it's not like you are making it in the stock market these days.
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      03-25-2020, 05:55 PM   #37
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I start my one month furlough next week. I hope I can get this two month deferral through BMWFS.
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      03-25-2020, 06:36 PM   #38
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What happens if I pre-pay the remaining 5 months for my F83 lease today, will BMWFS give that amount as an extra incentive for my next lease?
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      03-26-2020, 01:12 AM   #39
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Originally Posted by ///M TOWN View Post


Nope.

Yes it's the law.

It's not a new law either.
Rolling eyes?

I'm in the UK. The question was raised by a UK poster, so my post was relevant there. In that context you're wrong.

Be careful posting those smilies
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      03-26-2020, 01:17 AM   #40
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Quote:
Originally Posted by Ramesses View Post
As a BMWFS employee i can say we are taking this situation seriously!
Why isn't BMW offering lower interest rates?
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      03-26-2020, 01:27 AM   #41
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Quote:
Originally Posted by ///M TOWN View Post
Quote:
Originally Posted by Y3MUR View Post
Quote:
Originally Posted by Mr Burns View Post
Quote:
Originally Posted by Y3MUR View Post
Hi guys im in uk and currently on a pcp deal am I entitled too for this many thanks
Ring and ask them.

Never understand why people are too nervous to call their funders.
My friend is on lease with audi he called them up and was disappointed they didn't offer him anything so i gave up (wasn't scared lol )but you are right its worth a call always
Your friend needs to call back and ask again.

They have to offer some kind of deferred payment option one way or another.
They don't have to offer shit. You signed a contract, you are obligated to pay your monthly dues. They are offering a payment deferment out of good will...
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      03-26-2020, 06:40 AM   #42
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Originally Posted by premier3is View Post
They don't have to offer shit. You signed a contract, you are obligated to pay your monthly dues. They are offering a payment deferment out of good will...
You are exactly right. It amazes how many people own luxury cars and other things on loan, but we are two weeks into a crisis and then think that financial institutions should be delaying payments. I could make a case if this keeps going on a long time, but literally two weeks.

Need to go back to old school financing and if you can’t afford it when you lose your job, then probably should not own or lease it. Always should have a 6 months to a year saved for an emergency too. I am just old fashioned though.

Not trying to be mean, but just the cold hard truth.
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      03-26-2020, 06:54 AM   #43
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Originally Posted by DBV1 View Post
You are exactly right. It amazes how many people own luxury cars and other things on loan, but we are two weeks into a crisis and then think that financial institutions should be delaying payments. I could make a case if this keeps going on a long time, but literally two weeks.

Need to go back to old school financing and if you canít afford it when you lose your job, then probably should not own or lease it. Always should have a 6 months to a year saved for an emergency too. I am just old fashioned though.

Not trying to be mean, but just the cold hard truth.
Makes good sense! Take advantage of the deferral if you can/want... you never know how long this issue might last and what other unexpected expenses you may have. Unexpected home repairs can come up all of a sudden. Be prepared.
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      03-26-2020, 08:20 AM   #44
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As a BMWFS employee i can say we are taking this situation seriously!
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