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Will refinancing too soon ding credit / lose incentives
Hey folks,
Seeing if anyone had some advice abotu refinancing a loan.
I JUST got my M240i and used BMWFS to get the related incentives. My credit union has me pre approved for a loan with a better rate, but I was concerned that if I refinanced that it would impact my credit score. Anyone have any experience with this?
I'm also still trying to figure out if I NEED to make a certain amount of payments to not have to pay back the incentives. I've heard 3 months, 6 months. But from what it appears to me, there is nothing stopping me from doing it, but the dealer won't get THEIR cut if I do it too soon.
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