Vehicle loan or lease -- Repossession -- Complaint #9467832

Complaint Overview

Complaint ID: 9467832

Company: Bmw Financial Services NA, LLC

Product: Vehicle loan or lease

Sub-Product: Loan

Issue: Repossession

Sub-Issue: Account reinstatement or redemption after repossession

State: California

ZIP Code: 92660

Date Received: 2024-07-09T12:00:00-05:00

Date Sent to Company: 2024-07-09T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American

Consumer Narrative

BMW Financial gave me a deadline of XX/XX/XXXX to pay the balance owed to bring my car loan current and I would be able to get my car back. XX/XX/XXXX was a Friday and when I called their office was closed, even though it was not a holiday and I wasnt made aware. I called the following Monday morning and was rudely told that the deadline has passed. I asked to speak to a manager and she was very rude and condescending and she said will make a note on file and will check with legal and asked to call back next morning. I called Tuesday morning and they told me no exceptions. The car will be sold at auction and you will owe the difference. I am going through a divorce and have accounts locked up. I have been a good client of BMW for 40 years. Help, as this is a timely issue before car goes to auction.

Frequently Asked Questions

What is Complaint #9467832 about?

Complaint #9467832 was filed against Bmw Financial Services NA, LLC regarding Vehicle loan or lease specifically about Repossession. It was received by the CFPB on 2024-07-09T12:00:00-05:00.

How did Bmw Financial Services NA, LLC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Vehicle loan or lease) and describe your issue in detail.

Can I see other complaints against Bmw Financial Services NA, LLC?

Yes, visit the Bmw Financial Services NA, LLC company profile at readthecomplaint.com/company/bmw-financial-services-na-llc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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