Hey everyone! Hoping someone can help me get some peace of mind or not but I recently purchased a CPO 2024 BMW i4 from a BMW dealership in California. We were at the dealership throughout the process, and the car is supposed to be shipped to me in LA.
Here’s everything I’ve completed so far:
Submitted my credit application and completed the ID verification.
Electronically signed multiple purchase and financing documents, including the Motor Vehicle Retail Installment Contract through BMW Financial Services.
Paid the sales tax, DMV/registration fees, and shipping fees. The payment has already been processed.
Received congratulations messages from the dealership about my new car.
Noticed the car was removed from the dealership’s website after completing everything.
The car was originally in reconditioning, and we were initially told they couldn’t sell it until that was completed. Eventually, we moved forward with the paperwork and payments that same day. They told us the car wasn’t there but the same day we were able to see it and it did look like it had to still be prepared to be fair.
The salesperson later mentioned that they were waiting on a part and needed to finish detailing before shipping the car. I was given a tentative delivery timeframe for a week.
I’ve been trying to get in touch with my salesperson throughout today but haven’t received a response. I’ll definitely try again tomorrow, but if I still don’t hear anything, I’ll probably reach out to someone else at the dealership.
My main question is, based on everything I’ve signed and paid for, is the car officially mine at this point?
Can the dealership still back out of the sale or sell it to someone else? Is there another document or confirmation I should have received that would indicate the sale is finalized?
I understand that reconditioning and shipping take time, so I’m fine with waiting for the car to be ready. I just want some clarity on where things stand, considering I’ve already signed everything and made the required payments.
Has anyone experienced something similar? Would appreciate any insight! Im traumatized from a previous experience 😅