Driving a BMW is all about choice and the power to choose. Now, with BMW Select Deals, you have more power to choose the finance option that suits you and your lifestyle.
Each BMW Select contract includes the benefit of a Guaranteed Future Value (GFV). This gives your vehicle’s end-of-term value in advance, protecting you from unexpected depreciation. Once your contract expires, you will be left with a number of options.
1. Return the vehicle
2. Settle the balance
3. Refinance the outstanding amount
4. Trade your BMW in for a newer model
BMW Select Deals are available on all new BMW models. It can also be offered on BMW Approved used vehicles, as long as they are under 12 months old. This is how it works:
1. Select your model
2. Select your payment term
3. Select a deposit amount
4. Select your mileage parameters
5. Receive a Guaranteed Future Value (GFV)
6. Select your end-of-term options (stipulated above)
Maximum start kilometres are set out below for used vehicles less than 12 months old:
[table width =”100%” style =”table-bordered” responsive =”true”]
[table_head]
[th_column]End Kilometres[/th_column]
[th_column]13 Months[/th_column]
[th_column]25 Months[/th_column]
[th_column]37 Months[/th_column]
[th_column]49 Months[/th_column]
[/table_head]
[table_body]
[table_row]
[row_column]30 000[/row_column]
[row_column]5 000 kms[/row_column]
[row_column]5 000 kms[/row_column]
[row_column]N/A[/row_column]
[row_column]N/A[/row_column]
[/table_row]
[table_row]
[row_column]50 000[/row_column]
[row_column]5 000 kms[/row_column]
[row_column]10 000 kms[/row_column]
[row_column]5 000 kms[/row_column]
[row_column]5 000 kms[/row_column]
[/table_row]
[table_row]
[row_column]60 000[/row_column]
[row_column]10 000 kms[/row_column]
[row_column]20 000 kms[/row_column]
[row_column]10 000 kms[/row_column]
[row_column]5 000 kms[/row_column]
[/table_row]
[table_row]
[row_column]80 000[/row_column]
[row_column]20 000 kms[/row_column]
[row_column]30 000 kms[/row_column]
[row_column]20 000 kms[/row_column]
[row_column]10 000 kms[/row_column]
[/table_row]
[table_row]
[row_column]96 000[/row_column]
[row_column]N/A[/row_column]
[row_column]30 000 kms[/row_column]
[row_column]30 000 kms[/row_column]
[row_column]20 000 kms[/row_column]
[/table_row]
[/table_body]
[/table]
If you have any questions or queries, please contact a Finance & Insurance Manager at your nearest SMG BMW Dealership.