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  #1  
Old 12-17-2012, 06:02 PM
HurricaneDitka HurricaneDitka is offline
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Location: Chicago
 
Join Date: Dec 2012
Posts: 18
Mein Auto: 2009 335ix
Minimum Balance and Term for Finance

I plan on ordering an X3 this month and would prefer to just buy it outright but want to take advantage of the Holiday Cash and Loyalty incentives. My CA said I could finance $7500 (and pay for the remainder at delivery), make 4 payments, and then payoff the remainder of the loan. This seems like a nobrainer since I'd only be out about $100 in interest but would get $1750 in credits. I've seen conflicting posts here about prepayment penalties and such. I typically lease but plan on keeping the car a little longer. I know leasing inside and out but have never gone this route before. Anything else I should consider? Can I finance a smaller amount? I'm in Illinois (not sure if each state has their own rules). Thanks!
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  #2  
Old 12-17-2012, 08:38 PM
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SARAFIL SARAFIL is offline
I know a thing or two...
Location: Boston, MA
 
Join Date: Feb 2003
Posts: 7,403
Mein Auto: '11 BMW 335xi
7500 is the BMWFS minimum. No pre-payment penalty. Just make your 4 payments and you are good.
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Former: 2013 335i xDrive Sedan -- 2011 335i xDrive Coupe -- 2009 MCS JCW -- 2006 MZ4 -- 2002 325i -- 1997 318ti -- 1991 318i
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  #3  
Old 12-18-2012, 08:05 AM
HurricaneDitka HurricaneDitka is offline
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Mein Auto: 2009 335ix
Thanks! Putting the order in this week.
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