BMW Demanding Full Payment On M4 Financed And Modified By YouTuber

BMW is demanding the full payment of a BMW M4 Competition financed by a British YouTuber after he extensively modified the sports coupe.

Rickardo Senior from YouTube channel ‘LivingLifeFast’ picked up the keys to his M4 last December on a financing deal with a £3,000 (equal to around $3,800 at the current exchange rates) down payment and monthly installments of just over £600 (~$770). He seems to have been so flabbergasted by the affordability of the vehicle that he failed to read the fine print in the contract he signed.

As Senior describes in the video below, BMW recently sent him a letter claiming that he has breached his contract, giving him a week to pay for the car or risk having the vehicle repossessed.

Since taken delivery of the car, the YouTuber added a hybrid turbocharger, methanol injection, an upgraded exhaust, and other modifications to the powertrain. It now pumps out 720 hp.

Also Read: Meet The Rarest BMW M4 Of All; Spain’s New M4 Competition Sport [60 Pics]

As reported by Driving, BMW is pursuing Senior asserting that he “altered the vehicle without [its] consent” and also has doubts that he can make the agreed payments for his M4 through his Personal Contract Purchase plan.

“Based on these two breaches, BMW are demanding the full amount for this car by next week. If I don’t make the payment for this car by next week, they’re threatening to recover the vehicle and probably auction the car off and bill me for the remainder of what’s left of the debt,” Senior says.

The YouTuber admits that he is a “little bit salty” because of what’s happening and says that this incident highlights how important it is to read any contracts or agreements you sign with car manufacturers.


  • HaltestelleLuitpolthafen

    Rickardo sounds like a typical YouTube douchebag.

    Salty with BMW? How about you read the damn contract before you sign it?

  • Aeromann

    Brainless youtuber…

  • Brian Regan

    Good grief those jump cuts…

    Remember to always read your contracts. I’m guessing that in the eyes of BMW you don’t own the car until the balance is $0.00 (which is correct) so you’re altering something that isn’t yours without the consent of the owner.

    • dufonrafal .

      It’s probably a lease, so he doesn’t own the car at all, unless he buys it at the end of the contract.

  • no25

    This is why I can’t stand Youtube. Idiots like this become rich off nonsense and stupidity.

    • Jason Miller

      Nonsense and stupidity to you is not nonsense and stupidity to everyone.

    • Aeromann

      Because idiots are watching. 😬

      • BlackPegasus

        It’s 12yr olds who typically make YouTubers rich. People like PewDiePie who simply make videos of himself playing video games, and Drag Queens who do makeup. Their subscribers are kids 😣

        • Aeromann

          Yes. 😞

  • salamOOn

    thanks to previous comments im not gonna watch this (probably) bullsh!t video.

    • Aeromann

      I didn’t watch.

  • StrangerGP

    Stop making stupid people famous, don’t give him any clicks.

    • Aeromann


    • Six_Tymes

      spot on

  • anthony801

    What am I missing here? There are plenty of people who mod cars that they’ve financed.

    • Eric

      I think this is a lease. Ergo the “no modifying” caveat.

    • Jason Miller

      It’s a case of “different country, different saying”. He is leasing the car.

  • Blinka Bot

    altered the vehicle without [its] consent

  • TheBelltower

    This doesn’t make any sense. Does anyone have a BMW contract to review? BMW offers an endless assortment of aftermarket tchotchkes that could be considered “altering the vehicle” extensively. I understand why this is often an issue with leased vehicles, but not for financed vehicles. The only way that I could imagine that a finance company could demand full payment or have the car repossessed before the buyer has even defaulted on a payment, is if the buyer has made fraudulent claims about his ability to cover the scheduled payments.

    • lagunas3ca

      Keywords being “BMW offers.” And financed/leased… same thing. Financed is just you taking out a loan.

    • Aeromann

      It’s a lease, it’s not his car so he cannot tune it!

      • It’s not a lease, this is financing. You don’t return the car in the end, you pay it off, and the car is registered in your name. Legally you are the “owner” of the car with the bank having the right to repo it and take ownership if you don’t pay for it, just like you would do with a house.

        • Bo Hanan

          The difference might be he financed it directly from BMW Credit.

        • Aeromann

          I understand. But the car is not really yours until you didn’t pay it.

          • That’s why I put “owner” in quotes. You are the owner, but not really.

    • Matt

      BMW-approved accessories (mostly just decals and wheels) are not quite the same as fitting hybrid turbos and almost doubling the car’s power by a third-party tuner.

  • Jason Miller

    Let’s get one thing out of the way to avoid unnecessary confusion, for those of us in the USA this is actually a LEASE. Hence the fine print.

    • brn

      At about 6:15, he says it’s not a lease. You may be correct in that it’s a misunderstanding of terminology, but I’m still not sure which is correct.

    • For everyone in the USA this IS NOT a LEASE. This is financing and your name is on the cars documents, in the end you pay off the car fully and keep it unlike a lease.

      • Or you don’t pay it off, in which case BMW is obligated to take it as the remainder, which makes it a lease. Financing is something where at the end of the contract the remainder is zero.

        • Bmw is obligated to take the car in any case if you don’t make the payments. The remainder is zero. The difference here from a lease is that the final payment is always way lower than the value of the car (if you’re being smart) and unlike a lease the car is legally speaking yours and you can sell it at any moment. With a lease, at least here, you mostly don’t get the chance to buy the car, and if you do it’s the value for what the dealer would sell it anyway.
          For example I took a financing like that once by BMW Bank, got a good price on the car, and after a year and a half decided to sell it. I managed to sell it for almost the same price, closed the financing and all the payments I made in that period got back into my pocket (minus the interest). All because the financing rest was way lower than the market value of the car. With a lease I could never do that.

    • donald seymour

      I know right?

  • Mr. EP9

    It’s his own fault this happened. Next time, read the fine print first.

  • lagunas3ca

    BMW doing him a favor before he burns his house down. Although it doesn’t look like he owns one…

  • dufonrafal .

    Did he seriously modified a leased car?

  • Six_Tymes

    A moron for all to see. And he doesn’t see the stupidity in it, how embarrassing.

  • Leconte Dave

    What kind of idiot modify a leased car?..

    • Bo Hanan

      A 4th grader knows not to do this.

      • donald seymour

        Ha! The jokes on him, I haven’t even watch the video.


  • For all the people here saying this is a lease: This IS NOT a lease, this is financing, a very common kind in Europe. You don’t return the car in the end, you pay it off, and the car is registered in your name. Legally you are the “owner” of the car with the bank having the right to repo it and take ownership if you don’t pay regularly for it, just like you would do with a house or anything else you choose to finance.

  • Tan Lee

    I am a UK resident and have recently purchased a New Kia under a Finance contract. You basically pay monthly instalments for the car and after 3yrs you have the option to pay the remainder of the price in one go to own the car outright or you can trade it in for a newer model and continue the cycle again. Companies like Mazda specifically state that you do ‘not have the right to buy the car’ after the 3yrs is up meaning it’s a lease. I have not read BMW’s contract but they may have that clause to protect the value of the car until the 3yrs is up.

  • Enter Ranting

    Ugh, a YouTube “celebrity.” That’s all I need to know about this idiot. Did he ask BMW if he could make the modifications? Should he have spent the money on paying off the car instead of modifying it? ZERO sympathy.

  • Cris

    Amanda Robinson, you are right on. Buyers should get more info before they start changing their cars.

  • Alduin

    Wow a “Youtube celebrity” who can’t even make payments on a car that isn’t even his and modifies it? Want to make a bet he makes a go fund me next? Youtube is declining they’re demonetizing a lot of people and they should start by demonetizing this clown and other idiots who are like him on the platform.

  • ^^^^ This right here.

  • Tom Supakorndej

    Can you just re-finance your car?

  • donald seymour

    Shopping trolley?

    • Common UK bodywork damage called a ‘ding’ and often inflicted by a shopping trolley at a supermarket. You can park your car at the extreme end of a car park, away from any other car and some half-wit will still manage to run their shopping trolley into your car….grrr

  • Tom Supakorndej

    Except it’s not a loan car. The contract doesn’t allow him to modify the car, but it doesn’t state the consequence if he did modify it. The consequence has to be REASONABLE. that’s the key word. Forcing him to pay for the entire car in a week is IRRATIONAL. On another matter, BMW has the right via contract to request full payment of the car if they suspect he couldn’t make the payments. Except he has, has he not? If he’s been missing payments, then they can repo the car, but if he’s update on his payments, then they have no right to demand payment in full within a week. That’s greatly in excess of what he’s done. In the US, we can fight this in court. I don’t know how the UK does their thing.

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