Quote:
Originally Posted by TurtleBoy
Your dealer gave you a good deal, make three payments before you pay it off so they don't get charged for the incentive.
Congratulations and hopefully the wait isn't too bad. Good luck, enjoy and be safe.
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Thanks for the tip and good wishes. First BMW. Can you explain a little more about making minimum of 3 payments? Is ther a penalty if I pay it off sooner? SA told me that's illegal in CA, but finance is entitled to collect a minimum amount of interest ($250?), so I guess as your interest paid approaches the minimum contract interest total payments, THEN pay it off. That's about all I know about financiing.