To say I am disappointed with Bill Jacobs BMW in Naperville would be a gross understatement. I'm so disgusted with many facets that it's hard to even know where to start, so I guess I'll start with the most basic part - trade in value on a vehicle purchased originally from another Bill Jacobs dealership, their store in Hinsdale, Landrover Jaguar. Purchased a 2016 Audi Q5 from them a couple years ago. The vehicle had low mileage for the year (59k), and was pristine inside and out. Not a blemish on it. Bill Jacobs BMW offered me $12,000 for this vehicle, a ridiculous lowball offer that was insulting. They had no room to budge on this offer. I ended up selling the vehicle to CARVANA, of all places for $18,400. That's a $6,400 difference, from CARVANA!
Let's move on from that to the next issue, financing. The day we went to look at the vehicle, in order to hold it we were required to leave a non refundable deposit, which we agreed to. We were then told I had to complete a credit application in order to verify my identity and that a hard pull would be run. This makes no sense. As someone in the financial industry, I know soft pulls (which don't impact score or inquiries) are used for ID purposes. I questioned this and a manager, Gigi, came over to talk to us. Gigi initially tried to stick with the "credit app verifies your identity," but quickly changed her tune when I told her that is not true. She then stated the reason for the credit app was to move the process forward faster. I shared that I intended to finance through my employer. Gigi then told me they do not accept checks from other banks. I asked her specifically "so, if I finance through another bank, you will not take the check?" Gigi confirmed that no, they would not take the check. The only options for money to come from another bank would be via wire transfer or a personal check. When I stated I would just forget the whole deal and leave, suddenly Gigi said I no longer needed to complete a credit application and she could email me a link. She still insisted I could not bring a loan check from another bank. Upon getting home, I went on the Bill Jacobs BMW website and learned they do in fact take loan checks from banks as long as the lien information is on the check. This made me feel uncomfortable with them right off the bat, but I went forward anyway. Shame on me.
We went a couple days later to close the deal on the car. We were sold an extended warranty (which we normally don't go for) under the guise that it was somehow an extension of the BMW factory/BMW certified warranty. It was in fact not. It was a warranty provided by a sub par company called Assurant. Upon leaving and doing more research (we felt really pressured while at the dealership), we decided to cancel the warranty. Since we closed the deal on a Saturday and it was now only Monday morning, we also inquired about potentially rewriting the deal since the paperwork had not yet been submitted to BMW Finance, to shorten the term from 48 months to 36. We were told this was not possible under any circumstances. We called BMW Finance, who told us this was absolutely possible, and dealers do it all the time, but if Bill Jacobs didn't want to, they didn't have to.
While cleaning the wheels the day after we bought it, my fiancé noticed grooves in both rear brake rotors. He took the vehicle to another local BMW dealer and 3 local independent shops. They all told him the dealer obviously "pad slapped" the rear brakes, meaning they installed new pads on bad rotors to save money. They all said the dealer should have replaced both rear rotors, pads and sensor. After going back and forth with the dealer, sending pictures, speaking with Mike Alder, the GM, they said they would not do anything. We found out that it would cost them less than $1k to make things right, and the brakes safe. He offered no resolution at all. We have filed a few formal complaints with BMW customer relations, for what it's worth the BBB. We will also be posting reviews anywhere we can. read more