I bought a 2023 BMW R1250 GS Adventure on January 14th. I financed it through BMW Financial and the dealer told me they will send me a welcome packet in the mail. I received this packet on February 7th. I looked at the due date of my first payment and it was February 13th, wow thanks for the lead time. I use online bill pay through my CU and they already had BMW Financial in their system for electronic payment. The payment went through one day later and it did clear on the 8th on the BMW account. I could also use a debit card for payment, which I was planning to if the CU bill pay took longer then 3 days. After doing some research on BMW Financial, it seems they’re not known for being top quality company. I went with them because they had a competitive rate and BMW had a $750 rebate if financed through them.
In before I should’ve
1. Paid cash
2. Don’t buy it because we’re in a recession
3. BMW’s are money pits
In before I should’ve
1. Paid cash
2. Don’t buy it because we’re in a recession
3. BMW’s are money pits