Quote:
Originally Posted by IB M
If it's a lease then guaranteed that BMWFS goes after the other parties insurance for a DV claim. They use a third party firm called Goldfein. It will be paid to BMWFS and you won't even know it. BMWFS also will not lower the buyout price even though they collect the DV payment. Good reason to never buyout a lease if you had even a minor fender bender.
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Very ingenious practice. thanks for the info.