BMW Financial Services NA LLC says it will continue to lease BMW vehicles in New York, but increases charges associated with the process. BMW Financial Services will hike the acquisition fee from $525 to a maximum of $1,000 for leased vehicles that are garaged in New York, effective Aug. 1. An official for the financing unit says inaction to change the vicarious liability law by the New York state legislature spurred the changes. “We’re disappointed that the New York Assembly has ...
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