Incentive penalty for early loan payoff
I bought a 2019 X3 and funded through BMWFS (US) to get an APR incentive ($2000).
I would like to pay off the loan on the first payment, but the dealer said I had to make 6 payments before paying it off to be eligible for the incentive, but I can't find anything in writing confirming this.
BMWFS, and my contract says the loan can be repaid at any time without penalty.
To me it sounds like BS, what will the dealer do, send me an invoice for the incentive...????
Has anyone had any experience with this???
Thank you in advance!!