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GENERAL QUESTIONS ABOUT BMW FINANCE.
What are the advantages of financing ?
As a customer of BMW Financial Services , you benefit from the fact that the products on offer are tailored to your particular vehicle and your financing wishes. Because the vehicle and the finance come from a single source, you will be advised correctly and you will save yourself time and trouble.
With our excellent prices and the user-friendly terms and conditions offered by BMW Financial Services , you can be sure that you are in good hands.What do monthly instalments depend on?
Your monthly instalments depend on your down payment , the term of the contract, and the rate. If you choose a BMW, then the final instalment you have agreed on will also affect your monthly outlay. Leasing instalments are determined by the prepayment, deposit , term of agreement, and mileage , as well as the residual value .
What are the calculated residual value?
The calculated residual value depends on the term of the contract, the annual mileage , the level of vehicle usage, and the model you select.
What contract terms for finance?
You can finance any new BMW vehicle. The term of the agreement will depend on the model and the type of finance, and will range between 12 and 60 months.
How do I organise a finance contract?
Once you have chosen your vehicle and the way in which you want to finance it, you can conclude an agreement with BMW Financial Services and your BMW Partner. All you will need to submit with your finance or lease application are the relevant and required documents for the approval process. With BMW Financial Services your BMW Experience will be at a whole new level with our special finance offers customized to your needs.
What happens at end of agreement?
If you have chosen an instalment loan, then the vehicle will belong to you once you have paid the final finance instalment at the end of the agreement’s term. With BMW leasing, you can return the vehicle to your local dealership and enter into an angreement for a new BMW. Terms and condition apply.
What does“contractually agreed vehicle”?
The vehicle must show the agreed mileage and be free of damage. For more detailed information please refer to our general terms and conditions.
What happens if vehicle not in contract?
If the vehicle you give back is damaged over and above normal wear and tear, then you will be invoiced for the repair of this damage. For more information please refer to our general terms and conditions. If the overall mileage you have driven exceeds the maximum mileage defined in your agreement, then you will be charged a fee which was laid down when you concluded the agreement.