Main Dealer Not Settled Finance
Main Dealer Not Settled Finance
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bad company

Original Poster:

21,919 posts

296 months

Monday 10th April 2017
quotequote all
I part exchanged my BMW for a new one with a franchised dealer 2 weeks ago. The old car was on a pcp with BMW Finance, as is the new one.

A payment was due on the old car the following day so I agreed to make the payment which would apparently be refunded a few days later.

When I called the finance company last week they informed me that they could not refund as no settlement had been received. The dealer apologised for the oversight and told me on 5 April that the payment was done. It wasn't and as of today I still have 2 finance agreements but just 1 car.

I would add that BMW finance's efforts to speak with the business manager have failed, he didn't return their call.

Any ideas?