With flexible contract terms from 12 months to 60 months, you can select the length of contract to best suit your requirements. You choose the down payment amount, which is suitable to your budget and then pay off the remaining value of your loan in installments. You also have an option to include BMW Motor Insurance Program cost in your financed amount. Thereby the interest rate is fixed and costs are known in advance. When the contract period ends, you become the owner of your new BMW.

Everything about BMW Hire Purchase is straightforward, including the process. Here is a step by step guide.

• You decide on the BMW you want.
• You choose the repayment period that is right for you.
• You agree a deposit and regular payment to suit your budget.
• At the end of the agreement, provided you've paid all the necessary payments, the car is yours to keep.
 

BMW Hire Purchase (with Balloon) is similar to BMW Hire Purchase in many ways, except with your regular payments are reduced because a lump sum final payment - based on the estimated resale value. You also have an option to include BMW Motor Insurance cost in your financed amount. So you still own your BMW at the end of the agreement and have the security of fixed regular repayments.

BMW Financial Services provides you with the greatest flexibility in financing your new BMW. BMW Hire Purchase (with Balloon) is similar to BMW Hire Purchase in many ways, except with your regular payments are reduced because a lump sum final payment - based on the estimated resale value. You also have an option to include BMW Motor Insurance cost in your financed amount. So you still own your BMW at the end of the agreement and have the security of fixed regular repayments.

How you benefit:

• Fixed regular repayments mean you always know what you will be paying so it
is easy to budget.
• Regular payments are lower than BMW Hire Purchase because of the large final payment
at the end of the agreement
• At the end of the agreement, you have two options to choose:
- Provide you've made all the necessary payments, you own your BMW.
- Refinance the balloon lump sum for a certain period.

We offer two types of leasing arrangement - Full Payout and Balloon. Both offer fixed regular payments throughout the agreement. With Balloon Leasing, these leasing are much lower compared to those of the Full Payout option, although you may find you need to pay more at the end of the agreement.

Full Payout Leasing

A step by step guide to Full Payout Leasing.

• You decide on the BMW you want.
• You choose the leasing period that's right for your business.
• You agree a deposit and fixed regular payments.
• At the end of the agreement, provided you've paid all the necessary
payments, the car is yours to keep.

Balloon Leasing

A step by step guide to Balloon Leasing.

With a Balloon Lease your regular rental payments are lower compared to a Full Payout Lease because a lump sum final payment based on the car's estimated resale value in the greement. At the end of agreement, You can refinance the final payment (balloon) amount or pay off your final balloon to become the owner.

• You decide on the BMW you want.
• You choose the leasing period that's right for your business
• Your business agrees a deposit and fixed regular payments.
• We agree a future resale value for the car, which then becomes the final payment.
• You can refinance the final payment (balloon) amount or pay off your
final balloon to become the owner.