Quote:

Originally Posted by stormace What is the difference to take rebates as cap reduction vs drive off?

Cap cost reduction (down payment) lowers the monthly payment. While taking it at drive off lowers your total drive off (1st payment, MSDs, registration, cap cost reduction (and taxes), inception (if you don't roll it into the cap). I personally like to take it at drive off...

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2013 535i ED: 12/7/12
2010 550i ED: 2/15/10 Retired
2008 550i Retired
2006 530i Retired