No, they don't fold in when you lock the car. Very annoying. BMW in their wisdon decided that it wasn't a facility that we needed anymore. So the only way to fold them is by pressing the button before you get out.
I was talking to my local dealership and non of the new models from the new X5 onwards have had the facility removed too.
You might as well save your money and spend it on another rip off option.
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