BMW Hire Purchase
BMW Hire Purchase (HP) offers our customers no mileage restrictions, enabling customers to spend as much time as they like in their new vehicle. Once you reach the end of the finance agreement, the car becomes yours.
The method is simply a deposit + monthly payments.
WHO IS IT FOR.
It is available for anyone (subject to financial status). It’s considered to be a straightforward approach when researching into car finance. Customers can own a new BMW by paying month by month until the end of the agreement, in which you’d then own the vehicle outright.
HOW IT WORKS.
Once you’ve chosen the model that’s right for you, speaking with our Retailer managers you can decide how much you would like to put down as your deposit and how long you would like your finance agreement to last (between 24 and 60 months). The Retail Managers will then calculate your monthly payments, which will include interest and fees. Once you have made all your repayments, you will own your BMW**.
TERMS AND CONDITIONS
** Provided you have made all of the necessary payments due under your agreement. Please note, 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. Finance is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Advertised finance is provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.