^ Not correct at all. Demo and loaner cars are not registered and are sold as new cars with all of the incentives available as long as they are under 5k miles. This has been covered here many times and I have personally had it told to me by my sales manager and director of service while discussing their loaners and how they work. Also my brother purchased an X5 that was a loaner car with almost 3k miles on it and all new vehicle incentives were available.
Your X5 example does not pertain to the discussion since that was a sold car, of course it is going to be resold as used.
As an aside, I guess you are about 0 for 2 or 3 today with your advice so maybe want to give it a rest for awhile.
