Quick sanity check on BMW Loyalty proof of ownership:
Can you clear BMW FS funding with just a clean title in your name, with zero active registration or plates?
Wondering if BMW FS or F&I enforce any minimum ownership duration or require an active registration for standard loyalty.
On a side note - are there any model year requirements for GKL loyalty? Or a $500 parts car E66 7-series works?
usually registration or insurance in the last 6-12 months depending on the dealer you work with
I don’t think year matters, especially since the 6 series is included in loyalty plus qualifications.
You do need an active registration or insurance. They do verify it for these rebates.
Also, loyalty must be in the same household for the last 12 months. People can’t use a family member’s car unless they actually live together/have used it as a legal address, i.e. if you are asked for proof of residency, you need to be able to provide it.
The title would be in my name/my address - no issue there. I guees I could put it on my insurance. I didn’t plan to register it, though I guess I could - I don’t see any issue with that. It’s literally a parts car…I’m just buying it for the title.
I honestly don’t know if they will look into length of ownership in those cases. These are new(er) programs.