[DriftlessBimmer]

With my car soon arriving off the boat, I am trying to get my ducks in a row to figure out which financing option I am going to go with. When I ordered the car, they had a pretty aggressive rebate if the buyer elected to use BMW Financing.

While the BMW financing rates are higher than the local credit unions by a fairly wide margin, I am wondering if anyone is familiar with the typical pre-payment language in the BMW Financing loan documents?

Two of the local credit unions will give you new car financing rates up to 12 months after purchase.

I appreciate the responses.