Finance and insurance 2018-01-18T22:24:27+00:00

BMW Financial Service.

BMW Select.

BMW Select, our Personal Contract Purchase product, is our most popular car finance product for both new and used cars. This is because of its key feature, which we call the Estimated Future Value (EFV). BMW Select can be a flexible alternative by deferring a proportion of the car’s total value until the end of the agreement as an optional final payment. This amount is the EFV and is the key to how BMW Select works.

How it works.

As you are deferring a proportion of the car’s value until the end of the agreement, your monthly payments could be less than you think. This will give you the flexibility to select from one of the following options at the end of your agreement:
•  Pay the optional final payment and own your BMW*
•  Part-exchange your BMW i3 and choose another BMW**
•  Hand the car back***
Our current offers
*The optional final payment (together with a credit completion fee and an option to purchase fee) are payable at the end of the agreement if you decide to purchase the vehicle. We remain the owner of the vehicle during the agreement and we may become entitled to recover the vehicle if you do not keep up your repayments.
**If you part-exchange the vehicle for a new BMW, any surplus in the vehicle’s part exchange value over the optional final payment (and credit completion fee and option to purchase fee) can be used as a deposit towards a new BMW.
*** If the vehicle’s value is less than the optional final payment, you can pay the credit completion fee and hand it back to us without paying the optional final payment. However additional charges may be payable for both excess mileage (actual mileage higher than agreed contract mileage) and vehicle condition (using the standards set by the British Vehicle Rental and Leasing Association (link to BVLRA vehicle condition guide). If your agreement is regulated by the Consumer Credit Act, this contractual option will be in addition to your statutory right to end the agreement early.

BMW Insurance.

BMW Insurance.

BMW offers a selection of insurance products specifically designed for a BMW, so it means the people who are trained to know about BMW are on hand, should you need them. Only Genuine BMW Parts will be fitted at a BMW Approved Bodyshop, by BMW Trained Technicians.

BMW FlexiMile Insurance.

In addition to our standard comprehensive BMW Car Insurance, BMW FlexiMile insurance is available on BMW electric
vehicles. This innovative insurance product lets you enjoy a lower premium based on a low annual mileage of 5,000 miles.
There is no requirement to do anything – using BMW ConnectedDrive technology the BMW i8 will intelligently track the
distance travelled, producing a monthly statement to keep you up to date on your mileage. Any mileage over 5,000 miles
will be charged on a pence-per-mile basis, and you’ll be able to switch to our unlimited miles product should it become
more cost effective for you.
Terms and conditions apply.
For a quote call 0330 102 1792.

7 Day Free Insurance.

Pure driving enjoyment. Instantly. BMW 7 Day Free Car Insurance is a comprehensive policy, covering you from the
moment you buy your BMW i8 and activate it. It means that nothing will come between you and total electric driving
pleasure.
Terms and conditions apply.
BMW Car Insurance is sold, administered and underwritten by Allianz Insurance plc.

BMW Shortfall Insurance.

 BMW Shortfall Insurance is also available on your BMW i.

If your car was written off, for example, due to a fire, theft or road traffic accident, you often end up being worse off

financially. Your insurer is unlikely to give you back the price you paid for your car. Also, if you bought your car using

finance, your insurance pay out may not be enough to cover the balance you owe your finance company. In these

difficult situations, BMW Shortfall offers you protection against losing out financially.

BMW Shortfall pays the difference, between;

the comprehensive motor insurer’s settlement figure and vehicle invoice price, or

the comprehensive motor insurer’s settlement figure and the outstanding finance amount.

Terms, conditions and exclusions apply.

BMW i Shortfall is administered by Mondial Assistance (UK) Ltd. Registered in England, No 1710361. Registered Office

102 George Street, Croydon CR9 6HD and is underwritten by AGA International SA, trading from the above address.

Mondial Assistance (UK) Ltd is authorised and regulated by the Financial Conduct Authority No 311909.

Speak to your local BMW i agent for a quote or to find out more about Shortfall visit bmwprotect.co.uk
 Go Ultra Low.
Please note the BMW i8 is eligible for a Government subsidy of up to £5,000. All prices quoted on the BMW website
are before Government subsidies/grants are applied.
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