BMW Financial Services Loans – BMW is one of the leading brands in the motor vehicle industry. If it is your dream to drive a BMW but worried about finances, do not despair, BMW Financial Services is there to provide you with the loan you need.
BMW Financial Services(South Africa) is an authorised and registered financial services provider. You can apply for the vehicle finance option that meet your needs and lifestyle whether it is on a new or pre-owned BMW.
BMW Financial Services Loans options
With BMW Financial Services Loans you get affordable monthly repayments on your loan. You are free to select the loan option that you are comfortable with. These include:
Installment Sale – This flexible plan allows you to leave the showroom in a new BMW. Contract periods range between 6 months to 72 months.
Fixed Rate – Budgeting becomes simple due to the constant payment and no risk associated with interest rate increases during the term of the contract.
BMW Edge – this option allows you to put down 50% of the purchase price as a deposit . you benefit from lower monthly premiums by servicing the interest only over a 36 month period. At the end of the term you can either settle the outstanding 50% balloon payment, refinance it or trade in your BMW for a newer model.
BMW Financial Lease – A lease is the perfect solution for individuals or businesses who wish to drive a BMW without the risks associated with vehicle ownership Contract periods range between 12 months to 72 months.
If you want to purchase a vehicle privately, you can get finance from BMW provided the seller is an existing client of BMW Financial Services for more than 12 months and their account is up to date. You can also get finance for other makes of vehicles through Alphera Financial Services, a division of BMW.
You can apply Online for Installment Sale if you wish, you get feedback on completion of the application. If you have any questions or queries, speak to a Finance & Insurance Manager at any BMW Dealership near you.
BMW Financial Services Loans Requirements
To qualify for BMW Financial Services Loans you must be a South African Citizen with an SA ID or you can have a valid work permit if you live and work in South Africa. You need a valid South African Drivers License or international drivers license (in certain conditions) and must have a clear credit record.
The loan is available if you are purchasing the vehicle from an approved BMW Dealership and the vehicle to be financed should be not be older than 10 years. The loan amount you are applying for should be above R50 000. Other documents will be required a approval stage such as comprehensive insurance, etc.
You do not qualify if you are under Debt review, Administration or Sequestration.
BMW Financial Services Loans Contact Details
If you are interested in BMW Financial Services Loans you can contact them on 0800 600 555 or 0861 BMW FIN (269 346) or email them on email@example.com. To find out more feel free to visit their website www.bmwfinance.co.za