BMW sent me my title and I leased the car

wakeboarder109 · 02-17-2009, 10:44 PM

For some reason, BMW sent me the title to my E92 and I am only leasing the car. This is the first time I have leased a car so I am not sure what normally happens with the title (I assumed BMW held onto it). They have called a couple of times and are obviously worried about the fact that they sent it to me. Is there any way I could use this to my benefit?

bknight · 02-17-2009, 10:48 PM

Quote:

Originally Posted by wakeboarder109

For some reason, BMW sent me the title to my E92 and I am only leasing the car. They have called a couple of times and are obviously worried about the fact that they sent it to me. Is there any way I could use this to my benefit?

no.

JayeJaymes · 02-17-2009, 10:49 PM

sell it and collect profit..lol

Wickede92 · 02-17-2009, 10:49 PM

since you have the title, you are legally the owner of the vehicle...sell it..its yours!!

Andy M · 02-17-2009, 10:49 PM

Do the honest thing and return it. Then if you need something in the future, call the guy you're dealing with and have them "take care of you" for things like servicing, parts, etc.

Just because you have the title it doesn't mean it's yours exactly. I'm sure there are legal avenues the dealership can use against you. Otherwise, if you drop your keys outside your BMW and someone picks it up and drives your car away and sells it, it should be legally binding right? I mean you DID give them the car by accident...

wakeboarder109 · 02-17-2009, 10:50 PM

The salesman I originally purchased the car from is no longer there. I am not sure why though. Maybe from making mistakes like this.

Fugly M3 · 02-17-2009, 10:52 PM

well they do have the lease contract as evidence of the car only being leased, but if it were me I would hold onto that title until a court invalidated it

Nikolas · 02-17-2009, 10:53 PM

Out of curiosity, who's name is on the title?

Since you are admitting here that you are only a leasee, you really don't have any options. Send them back the title.

galahad05 · 02-17-2009, 10:54 PM

Quote:

The salesman I originally purchased the car from is no longer there. I am not sure why though. Maybe from making mistakes like this.

Your salesman and the dealership where you leased the car from have nothing to do with the car, now. BMW financial services bought the car from the dealership; you're paying them the lease payment.

Majikthese42 · 02-17-2009, 10:54 PM

Quote:

Originally Posted by Daniel Drew (1797-1879)

He who sells what isn't his'n, Must buy it back or go to prison.

__________________

wakeboarder109 · 02-17-2009, 10:56 PM

I haven't seen it so I am not sure my parents just told me that they had it. I just wanted to see what people thought or if there was any significance to it.

Turkishexpress · 02-17-2009, 10:56 PM

I know that Maryland will send you the title for the car you purchased even though its financed. I'm not sure if the same thing happens if its leased but I'm pretty sure it does but legally they can take the car away from you.

However, I know for a fact VA does not do this so there maybe a way to keep the car. The next logical step is to brake into the dealership that leased the vehicle and set their files on fire

wakeboarder109 · 02-17-2009, 10:57 PM

I have or had no intention of selling the car.

blue2fire · 02-17-2009, 10:58 PM

I would demand a new M3 and also ask that you get to keep the e92 as the cost of selling them "your" new car.

wakeboarder109 · 02-17-2009, 10:59 PM

Quote:

Originally Posted by Turkishexpress

However, I know for a fact VA does not do this so there maybe a way to keep the car. The next logical step is to brake into the dealership that leased the vehicle and set their files on fire

haha.

Mikewarlover · 02-17-2009, 11:03 PM

ask your laywer for recommandation and see if theres any legal way to keep the car. If there is a way around it then keep it. Stealerships deserve this once a while

wakeboarder109 · 02-17-2009, 11:05 PM

Quote:

Originally Posted by Mikewarlover

ask your laywer for recommandation and see if theres any legal way to keep the car. If there is a way around it then keep it. Stealerships deserve this once a while

yea, I think I need to put in a call tomorrow. just to see what he thinks

noro · 02-17-2009, 11:07 PM

Wait, does the title list your name only? Does BMWFS appear as the lienholder or anything like that?

If it lists your name only it means that made a VERY BIG mistake... should have leased an M6 dude.

triple35 · 02-17-2009, 11:08 PM

Look at your paper work....if your buyers order says Retail PURCHASE agreement ......instead of LEASE agreement(most dealers make this mistake) You now have a case against bmw.....not only do you have the title to the car but your contract says purchase agreement even if there are lease payments listed on the paperwork its still reads "purchase agreement" meaning you purchased the car....(people have fought this common paperwork error alone and won easily.....)a good lawyer will be able to show in court that the dealer mislead you to believe that you purchased the vehicle... with the paperwork and title in hand you have more then enough amo.

Or a big risk that would never work

.....stop paying your payment and when bmw repos your car sue them and call the cops, and get the car back and some cash for the mishap haha......

wakeboarder109 · 02-17-2009, 11:09 PM

Quote:

Originally Posted by noro

Wait, does the title list your name only? Does BMWFS appear as the lienholder or anything like that?

If it lists your name only it means that made a VERY BIG mistake... should have leased an M6 dude.

I'm going to have my parents fax me a copy tomorrow to clarify. Hopefully it's the latter!

akack79 · 02-17-2009, 11:13 PM

Quote:

Originally Posted by noro

Wait, does the title list your name only? Does BMWFS appear as the lienholder or anything like that?

If it lists your name only it means that made a VERY BIG mistake... should have leased an M6 dude.

wow if so someone dropped the ball.....

galahad05 · 02-17-2009, 11:18 PM

I smell a lawsuit.

02-17-2009, 10:44 PM	#1
wakeboarder109 Lieutenant Colonel 169 Rep 1,734 Posts Drives: in High Country Join Date: Jul 2008 Location: RVA iTrader: (3)	BMW sent me my title and I leased the car For some reason, BMW sent me the title to my E92 and I am only leasing the car. This is the first time I have leased a car so I am not sure what normally happens with the title (I assumed BMW held onto it). They have called a couple of times and are obviously worried about the fact that they sent it to me. Is there any way I could use this to my benefit?
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02-17-2009, 10:49 PM	#3
JayeJaymes Alien 52 Rep 1,191 Posts Drives: YMB 2016 M4 Join Date: Jul 2007 Location: AZ iTrader: (8) Garage List 2007 BMW 335i [0.00] 2011 M3 [0.00] 2016 M4 [0.00]	sell it and collect profit..lol
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02-17-2009, 10:49 PM	#4
Wickede92 Captain 17 Rep 669 Posts Drives: e92 Join Date: Sep 2008 Location: SoCal iTrader: (3)	since you have the title, you are legally the owner of the vehicle...sell it..its yours!!
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02-17-2009, 10:49 PM	#5
Andy M 77 Rep 1,208 Posts Drives: 09 BMW 335i xdrive Join Date: Mar 2008 Location: Toronto iTrader: (5)	Do the honest thing and return it. Then if you need something in the future, call the guy you're dealing with and have them "take care of you" for things like servicing, parts, etc. Just because you have the title it doesn't mean it's yours exactly. I'm sure there are legal avenues the dealership can use against you. Otherwise, if you drop your keys outside your BMW and someone picks it up and drives your car away and sells it, it should be legally binding right? I mean you DID give them the car by accident...
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02-17-2009, 10:50 PM	#6
wakeboarder109 Lieutenant Colonel 169 Rep 1,734 Posts Drives: in High Country Join Date: Jul 2008 Location: RVA iTrader: (3)	The salesman I originally purchased the car from is no longer there. I am not sure why though. Maybe from making mistakes like this.
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02-17-2009, 10:52 PM	#7
Fugly M3 Major General 5191 Rep 5,163 Posts Drives: 2023 M3CX Join Date: May 2006 Location: SoCal iTrader: (5)	well they do have the lease contract as evidence of the car only being leased, but if it were me I would hold onto that title until a court invalidated it
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02-17-2009, 10:53 PM	#8
Nikolas Colonel 313 Rep 2,576 Posts Drives: 996 TT Join Date: Jul 2007 Location: Sierra Mountains iTrader: (0)	Out of curiosity, who's name is on the title? Since you are admitting here that you are only a leasee, you really don't have any options. Send them back the title.
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02-17-2009, 10:56 PM	#11
wakeboarder109 Lieutenant Colonel 169 Rep 1,734 Posts Drives: in High Country Join Date: Jul 2008 Location: RVA iTrader: (3)	I haven't seen it so I am not sure my parents just told me that they had it. I just wanted to see what people thought or if there was any significance to it.
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02-17-2009, 10:56 PM	#12
Turkishexpress Gixxer Man 14 Rep 599 Posts Drives: '08 335i E90 / '06 Range HSE Join Date: Aug 2008 Location: Tysons/Sterling, VA iTrader: (2)	I know that Maryland will send you the title for the car you purchased even though its financed. I'm not sure if the same thing happens if its leased but I'm pretty sure it does but legally they can take the car away from you. However, I know for a fact VA does not do this so there maybe a way to keep the car. The next logical step is to brake into the dealership that leased the vehicle and set their files on fire __________________ Stable: 2008 E90 335i JB3 etc..., 2006 Range Rover HSE, K7 GSX-R 600 Former Stable: 2008 MB C300, 2007 Chevy Avalanche, 2006 Evo IX (544awhp), 2005 Sti, 2003 Evo...
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02-17-2009, 10:57 PM	#13
wakeboarder109 Lieutenant Colonel 169 Rep 1,734 Posts Drives: in High Country Join Date: Jul 2008 Location: RVA iTrader: (3)	I have or had no intention of selling the car.
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02-17-2009, 10:58 PM	#14
blue2fire Brigadier General 221 Rep 4,279 Posts Drives: BMW 135i Join Date: Jan 2009 Location: Location, Location, Location iTrader: (8)	I would demand a new M3 and also ask that you get to keep the e92 as the cost of selling them "your" new car.
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02-17-2009, 11:03 PM	#16
Mikewarlover Major 40 Rep 1,165 Posts Drives: white Join Date: Oct 2007 Location: Richmond BC iTrader: (0)	ask your laywer for recommandation and see if theres any legal way to keep the car. If there is a way around it then keep it. Stealerships deserve this once a while __________________ Modified CDV/Rogue Engineer Short Shifter/ RE Diablo Exhaust/ Matte Black Grill/Lighted ZHP shiftknob/Stubby Antenna / 19inch gunmetal Neez Super Euro Cross on Michelin
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02-17-2009, 11:07 PM	#18
noro Colonel 90 Rep 2,707 Posts Drives: '91 M3, '04 E46 ZHP, '72 2002 Join Date: Aug 2006 Location: Boston iTrader: (0)	Wait, does the title list your name only? Does BMWFS appear as the lienholder or anything like that? If it lists your name only it means that made a VERY BIG mistake... should have leased an M6 dude. __________________ zhpregistry.net - ZHP stats and free classifieds.
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02-17-2009, 11:08 PM	#19
triple35 Private First Class 8 Rep 127 Posts Drives: 2007 AW 335i 6mt Join Date: Nov 2007 Location: atlanta, ga/ west palm beach,fl iTrader: (0)	Look at your paper work....if your buyers order says Retail PURCHASE agreement ......instead of LEASE agreement(most dealers make this mistake) You now have a case against bmw.....not only do you have the title to the car but your contract says purchase agreement even if there are lease payments listed on the paperwork its still reads "purchase agreement" meaning you purchased the car....(people have fought this common paperwork error alone and won easily.....)a good lawyer will be able to show in court that the dealer mislead you to believe that you purchased the vehicle... with the paperwork and title in hand you have more then enough amo. Or a big risk that would never work.....stop paying your payment and when bmw repos your car sue them and call the cops, and get the car back and some cash for the mishap haha......
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02-17-2009, 11:18 PM	#22
galahad05 Brigadier General 158 Rep 3,158 Posts Drives: '07 335i e90 Join Date: Mar 2008 Location: Long Island NY iTrader: (0)	I smell a lawsuit. __________________ Always do right. This will gratify some people and astonish the rest. --Mark Twain
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