Quote:
Originally Posted by BMWfever
BMW offers a $1,500 discount if you finance through them. It looks like they apply the $1,500 on the day of purchase. The finance guy said something about having to stay in the loan for 90 days to qualify for it. I am wondering if they would enforce that if I pay off the loan in the first month. Do I need to wait 90 days?
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They want you to stay in for 3 months so they get their kick back. You can move to any other loan provider at any time but the dealer won't get their credit. At 4.99% it's hard to find another bank to do better so I have no issue staying.
In your case you can just pay it off.