Figures
BMW Select finance example for a 435d xDrive M Sport Convertible with optional M Sport Convertible
| Monthly Payment |
£599.00 |
| Term of Agreement |
48 months |
| Annual Mileage |
8,000 miles |
| Customer Deposit |
£4,500.00 |
| Our Deposit Contribution |
£10,875.66 |
| Total Deposit |
£15,375.66 |
| On the road cash price |
£53,975.00 |
| Total Amount of credit |
£38,599.34 |
| Rate of interest (fixed) |
2.52% |
| Option to purchase fee |
£0.00 |
| Optional final payment^ |
£15,714.36 |
| Total amount payable |
£38,599.34 |
| APR |
4.90% APR |
| Excess mileage charge |
9.49 pence |
Finance explained
4.90% APR. Based on a loan amount of £38,599.34 over 48 months at an interest rate of 2.52% per annum. Your monthly repayment will be £599.00.
Your deposit contribution will be £4,500.00, the Retailer will contribute £4,875.66 and the Manufacturer will contribute £0.00 and BMW Financial Services will contribute £6,000.00 making a total deposit contribution of £15,375.66 towards your car's on the road cost of £53,975.00.
You may drive up to 8,000 miles per year, any excess mileage will incur a charge of 9.49 pence per mile if you decide to return the vehicle.
At the end of your term, if you want to buy the car outright you need to pay an option to purchase fee of £0.00 and make a final repayment of £15,714.36.
The total amount of all payments and any fees will be £38,599.34. This includes any retailer and BMW UK deposit contributions.
Your quote is indicative and may vary if the details of the offer alter before your application for finance.
About BMW Select Finance
BMW Select, our Personal Contract Purchase product is our most popular car finance product for both new and used cars. Watch our BMW Select video to find out how it works.
Eastern
Edinburgh
