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      01-31-2013, 07:25 PM   #31
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Drives: 2013 E93 M3, Jerez Black
Join Date: Jun 2007
Location: Bay Area, CA

iTrader: (20)

Originally Posted by NHman View Post
I have heard from CA's on other websites that BMW FS requires the owner to have the loan for 6 months prior to early payoff including refinancing in order to take advantage of the credit. Now with this stated, I have not seen a BMW FS contract with this wording. If paid-off in less than 6 months would they change the buyout value to factor for the credit, I don't know but it is an interesting question.

I would plan for worst case and calculate the amount of interest over for the 6 months using the BMW FS rate. How does this compare against the available credit. Decide on financing accordingly.

The BMW credits are often linked to financing through them including the current $1500 and former BMW apps.
BMWFS does not require this.

However, the dealership can lose financing incentives.

Depends if you want to buy from them again. You are under no responsibility to help them reach their incentives... but they may be upset with you and not want to sell you another car if you do this. Depends on if they got an incentive/etc. Won't matter for customer incentives.