|
|
|
|
|
|
BMW Garage | BMW Meets | Register | Today's Posts | Search |
|
BMW 3-Series (E90 E92) Forum
>
BMW Trade-Assist Program
|
|
05-13-2007, 09:21 PM | #1 |
Ifisboin
6
Rep 76
Posts |
BMW Trade-Assist Program
Can anyone shed some light on this subject?? I am in the middle of this process and do not know what to expect when faced with giving back my car.
If you know how this program works please let me know... I have heard many things like u have to pay for the milage used; other people say that they give you a car just like yours and that they are only able to give you specially allocated cars for this program and that you can't choose any car on the dealer inventory. I would appreciate your comments and knowledge with regards to this subject. Thank you. |
05-16-2007, 03:19 PM | #3 |
Lieutenant Colonel
402
Rep 1,858
Posts
Drives: F80 M3 Frozen Black F87 M2 LBB
Join Date: Apr 2007
Location: Florida, USA
|
Never heard anything about it, but I would be interested to know more as well.
|
Appreciate
0
|
05-16-2007, 03:50 PM | #4 | |
Freude am Fahren
334
Rep 5,254
Posts |
Quote:
There are a lot of variables, such as lease with BMW NA v. lease with someone else v. finance or cash purchase. In addition, mileage and vehicle condition may factor in. Each deal is individual although it comes out of a template.
__________________
Freude am Fahren.
Jonathan E90 2006 330xi E90 2006 325i E39 2003 530i Sport* E46 2000 328Ci* E36 1996 328iS* E36 1992 325i* E30 1991 318is E21 1982 320iS* E21 1979 320 (6-Zyl)* *retired Nominated: Most Contributing Member |
|
Appreciate
0
|
05-16-2007, 08:58 PM | #7 |
Private First Class
1
Rep 148
Posts |
Means your car qualifies as a lemon but instead of going through the Lemon process you trade your car for a new one, with BMW paying part of the difference of the value of your car and the new one. Sometimes it might be an equal trade. Seems to happen to quite a few of the people waiting > 30days for their 335i fuel pump.
BMW can sell your old car without it being labeled as a lemon. Happened once to me on my wifes minivan.
__________________
2007 335I, " Gray", Black Leather, Step, Comfort, ZCW, ZPP, ED - Oct 5, Dropoff Oct 9, redelivery Nov 15.
|
Appreciate
0
|
05-16-2007, 09:27 PM | #8 |
Freude am Fahren
334
Rep 5,254
Posts |
Depends on the car. Often they are indeed marked.
__________________
Freude am Fahren.
Jonathan E90 2006 330xi E90 2006 325i E39 2003 530i Sport* E46 2000 328Ci* E36 1996 328iS* E36 1992 325i* E30 1991 318is E21 1982 320iS* E21 1979 320 (6-Zyl)* *retired Nominated: Most Contributing Member |
Appreciate
0
|
05-16-2007, 09:31 PM | #9 |
Banned
37
Rep 1,626
Posts |
If you sign a waiver (like I did) that stops the lemon clock from running, then the car is never labled and it can be sold again. And for something as simple as a part on back order when the car itself normally would have been fixed in less than a day, I saw no reason to do this and let the dealership sell the car to someone else, while I got a new one
|
Appreciate
0
|
05-16-2007, 09:34 PM | #10 |
MSVConrad++
54
Rep 778
Posts |
So you mean if the 335i's fuel pump is bad for like 30 days+ you can do a trade for another car/335i, and possible extra upgraded package(s), free through this problem?
|
Appreciate
0
|
05-16-2007, 09:53 PM | #11 |
Lieutenant
13
Rep 548
Posts |
I have a feeling this is a gray area, and your end-result will differ from others depending on how good/bad of a negotiator you are. There isn't a simple "yes or no" answer to your question.
|
Appreciate
0
|
05-16-2007, 10:32 PM | #12 | |
New Member
1
Rep 25
Posts |
Had a friend go through it on a 3 year old E39 with an incurable defect, long after the E39 was out of production. BMW performed the calculation of the buyback price in accordance with the CA lemon law rules, even though no lemon law action was initiated by the customer. The price offered es extraordinarily generous, and was payable in check or credit against another BMW (at owner's option). Lot of goodwill was generated.
Quote:
|
|
Appreciate
0
|
05-16-2007, 11:28 PM | #13 | |
No more Japanese cars.
17
Rep 187
Posts |
Quote:
I no longer drive a 335i e92. I drive a 550i Sport. Thanks to trade-assist and OpenRoad BMW. I still havn't posted anything on this... I should...
__________________
Carbon Black 2008 550i Sport
|
|
Appreciate
0
|
05-16-2007, 11:35 PM | #14 |
'07 E92 335i SOLD
21
Rep 452
Posts |
Things are NEVER that easy....
__________________
|
Appreciate
0
|
05-17-2007, 12:04 AM | #15 |
Private First Class
11
Rep 124
Posts |
Please do, I am very interested in what happened with your E92
__________________
|
Appreciate
0
|
05-17-2007, 05:14 AM | #17 |
1095
Rep 2,151
Posts |
trade-assist. It is usually done when a vehicle has been in and out of the dealer for the same problems or even more problems than before. The car usually is at the dealer for a considerable amount of time. The dealer then calls for a BMW technical rep to check the car out and he has to conclude that the car is eligible for a trade assist. A regional manager also has to approve the trade assist. ( This process usually takes 2-3 weeks to approve). To the best of my knowledge, the client can only trade for the same car, apples for apples. If there is more options on the new car, it is on the customers additional expense. (depends on the dealer again) I have seen trade assists with more options on the new cars with $0 expense. BTW, I have not seen or heard of a 335i with a bad fuel pump in a trade assist situation.
Once the "lemon" car is repaired, BMW NA usually tries to sell the car at auction. It is very rare that it is sold at the dealer. Carffax will not show the repairs but a BMW vehicle history report will certainly show in bold letters "trade assist". I hope this helps. |
Appreciate
0
|
05-17-2007, 06:59 AM | #19 |
Second Lieutenant
6
Rep 281
Posts |
After 30 days of waiting for a fuel pump in most states you would have a new car thanks to the lemon law. BMW could choose to to trade assist as an alternative.
__________________
335i E92 / Monaco / Cream / Burl Walnut / ZPP / ZSP / CA / Nav / Heated Seats / PDC / SAT / Ipod/USB / HD
|
Appreciate
0
|
03-25-2009, 10:11 PM | #21 | |
Enlisted Member
1
Rep 31
Posts |
Quote:
I recently found out a California based Trade Assist 335 with bad fuel pump issues.... It was noted in the service notes and was offered as a CPO from a dealer in the midwest. There was a note that it does not qualify as a CPO in California. The gist of this... beware of Trade Assist or Lemons that where from out of state and are sold in your area as CPOs. |
|
Appreciate
0
|
06-03-2012, 02:55 AM | #22 | |
Registered
0
Rep 2
Posts |
Quote:
So, lessons learned: Ask them to show you the service records of the car you're buying and verify the history. CPO doesn't necessarily mean anything. Never ever buy anything from Cunningham / BMW South County. Last edited by thetom; 06-03-2012 at 03:03 AM.. |
|
Appreciate
0
|
Bookmarks |
|
|