Incentive penalty for early loan payoff - BMW 2 Series Forum
 
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post #1 of 3 (permalink) Old 09-21-2020, 08:15 PM Thread Starter
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Incentive penalty for early loan payoff

Hi,

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!!
JasonMcMilan is offline  
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post #2 of 3 (permalink) Old 09-22-2020, 04:28 AM
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6 payments? That is really a lot.
BrandonDyer is offline  
post #3 of 3 (permalink) Old 09-22-2020, 04:29 AM
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Ahaha, I absolutely miss my income and I don’t know how to increase it. I work as a programmer and I changed more than 3 jobs and as a result I realized that the salary is the same everywhere. As a result, I was tired of it and I decided to take a payday loan. At first, I was scared, but as soon as I received 13500 dollars, I was very pleased) I bought a car and started working as a taxi driver, and this increased my profit. So, soon I was able to quickly repay the entire loan and now I am collecting money in order to buy an apartment. If you want to take a loan, then approach this issue very responsibly. To get started, I advise you to read the info at https://maybeloan.com/payday-loans/al. Good luck.
AngeloSmith is offline  
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