Quote:
Originally Posted by SteveinArizona
My understanding is that if the loan is paid off prior to 3 or 4 months (I have heard both numbers) that BMWFS goes back against the dealership for the incentive amount. I waited and made four payments before paying off my loan (I had a $4K finance incentive on my purchase). I checked with my CA first and he said that was fine.
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I wonder why that is? They've already gotten their pound of flesh (ie. you don't save any interest by paying early).