I ordered my 328xi coupe back in february, and it just arrived today at the dealership. Back in february we agreed upon the payment of $543/month, 36 months/12000miles. He put it into a contract and I signed for $543/month. An hour ago, I got a phone call from the dealer telling my that rate was until the end of april, and the rate has gone up. He now says I have to pay $569/month,39months/12000miles. Can they do this? Is there a way around this? My car was suppose to be here the last week of april. Now im pissed off that I have to shell out $30 a month. Even though I ordered it in February, can they still change the price on me?!

Wow... I'm no lawyer, but I can't imagine that they can hold you to that. At the very least you can refuse delivery. My guess is, however, that's exactly what they want you to do. They probably have a buyer all lined up for that car. If they promised delivery by a certain date and didn't meet that promise, I would fight them. Have you spoken to the general manager?

I'm going there right now to speak to the sales manager. The car arrived this morning.

You don't sign a rate until the car arrives. It goes both ways, if it goes down then you should get the cheaper rate...if they tell you.

Personally, I'd pull out and want to pay less since they insulted you.

You don't sign a rate until the car arrives. It goes both ways, if it goes down then you should get the cheaper rate...if they tell you.

Personally, I'd pull out and want to pay less since they insulted you.

DING* The rate you pay is based on money rates etc. AT DELIVERY. My dealer set a rate 3 months before delivery and then DROPPED IT when the car came in. Its a sticky situation because, technically, you can refuse the car but this leaves you w/o the car. The dealer can easily sell "your" car because its in demand.

Ouch-540 for a 328 is really rough-I cannot imagine paying 560 something for a 328-that is simply insane. I would re negotiate dude-your getting ripped

Prices of leases vary on MSRP and cap cost reduction. 50% of 40K is 20K divided by 36 is $555/month with zero down, and not including taxes.

i order my car about 3 weeks ago.. i got $ 498 a month for 30months 10k , .. with just taxes,fees,and security.. all came to about 3600... i got 328xi coupe with sport,logic,and leather... my car should be here like late june.. i'll be damn with i get there and change its 30 and adds months on top of that.. from want i understand.. the deal you sign on.. is that you get.. thats wat you sign on.. it wasnt conditional.. agreement..

Technically they can make you pay the rate at delivery. What you signed was nota contract of sale or purchase. Anything legally binding won't happen until you get into the finance office. I went through Owners Choice, but they did try to get me on the new higher rate when my car came in. My sales guy said that he'd only change it if it went down. it took about 2 minutes for them to get my contract set back to the lower rate.

If 540/month is too much, how much is everyone else paying, if you dont mind me asking?

You can't ask what people are paying because you can pay $50 a month if you put enough down. Somebody thinking $540 a month may not be able to afford that. Leases aren't "what are you paying"

I pay $560/36m 15K some people go for the 10K options which is pretty crazy because you can sneeze 10,000 miles.

The Money Factor is only locked in for 2 months plus the remaining days left in the month you sign your deal. So in your case, you had the rest of February, the month of March, and the month of April. After that, your Money Factor is no longer "locked in" at the February rate and they can raise it to the current Money Factor when the car arrives. Sucks, but that's the way it goes. And with coupes taking more than two months to arrive on average these days, it leaves a lot of people confused and wondering how their "deal" changed.

If 540/month is too much, how much is everyone else paying, if you dont mind me asking?

My 335i w/sports package is $504/month for 36 months. I went with the 10k/year as I don't make that many long trips..I've had it for almost 3 months and just hit 1k today. I think I got a great deal and I absolutely love this machine.

I ordered my 328xi coupe back in february, and it just arrived today at the dealership. Back in february we agreed upon the payment of $543/month, 36 months/12000miles. He put it into a contract and I signed for $543/month. An hour ago, I got a phone call from the dealer telling my that rate was until the end of april, and the rate has gone up. He now says I have to pay $569/month,39months/12000miles. Can they do this? Is there a way around this? My car was suppose to be here the last week of april. Now im pissed off that I have to shell out $30 a month. Even though I ordered it in February, can they still change the price on me?!

Please, don't sign until you learn the nitty gritty of your deal. What money factor are they charging you? What should the MF be? It pays to know.

http://www.edmunds.com/advice/leasing/articles/48365/article.html

If your deal turns out to be fair you'll have peace of mind. If they're ripping you off, re-negotiate or walk away.

The Money Factor is only locked in for 2 months plus the remaining days left in the month you sign your deal. So in your case, you had the rest of February, the month of March, and the month of April. After that, your Money Factor is no longer "locked in" at the February rate and they can raise it to the current Money Factor when the car arrives. Sucks, but that's the way it goes. And with coupes taking more than two months to arrive on average these days, it leaves a lot of people confused and wondering how their "deal" changed.


Exactly! the rate was only locked in for 2 months. I know the current rate for any XI is 39 months and it is actually pretty good. last month's rate would be about $10 more (I think it was 30 months too). Your CA could have let you know, but without going too crazy I must say that he/she isn't messing around. Everything went up in the last two months. believe me I wish it would go down! What you can do is ask them to let you know the MF and compare it to those listed for the car this month.