BMW Financial Services Consumer Loan Complaint

BMW Financial Services Consumer loan department,

Vehicle lease Problems when you are unable to pay California

On - -/-/2008, I entered an agreement with BMW Financial to lease a BMW - series for a term of 3 years. My payments were roughly $ -/month with a down payment of $2500.00. In - of -/-/-, I was laid off from my employer, and realized that the monthly payments were too high and decided to return the lease. I had - potential sellers for the car in which BMW was unwilling to handle the sale of the car. I returned the lease to BMW in which the car was sold at the auction for $24000.00 with a deficiency balance of $8500.00. To this day, I still do n't understand the point of BMW declining the sale of the lease car in which I provided potential sellers and selling the vehicle at the auction. It 's a win win situation for BMW, because they were able to capitalize off a consumer like me. Now that I am trying to buy my - home, I have a derogatory account from BMW. The car was n't over mileage nor in any comestic damage when it was returned. BMW made it 's profit with the monthly payments and was able to sale the car without ease.