A BMW Consumer Loan is an ideal way for private customers to enjoy motoring.
BMW Consumer Loan gives you more financial freedom. By using our money to finance the vehicle of your choice, you can keep your funds free for other purposes.
A BMW Consumer Loan is an ideal way to enjoy your vehicle. By selecting the contract term (from 24 to 60 months) you can tailor monthly repayments to suit your budget. Making your budgeting easier, payments are fixed during the period of the contract. For your added convenience, we can organise direct debiting of your monthly repayment from your nominated account.
The vehicle is the only security needed, although in some circumstances, a guarantor may be required.
You can elect to have a final payment (residual) on the contract, or you can choose a contract without a final payment and therefore enjoy full ownership of your vehicle at contract end.
Available only from authorised BMW dealers, a BMW Consumer Loan is suitable when you use your vehicle wholly or predominantly for private purposes. This means that the vehicle is used privately for more than 50% of the time. Where you can demonstrate some business use for your vehicle, you may be able to claim a tax deduction for that portion*.
Simply select the vehicle that best suits your needs, and then talk with the Business Manager at your preferred dealer. They can assist you in obtaining a loan term and monthly repayment amount to meet your objectives and requirements. You also have the option of including the on-road charges in the finance contract if you wish.
* We recommend that you seek independent financial advice for your specific circumstances.