BMW Select finance example for a BMW i3
|Monthly payment|| £299.00||On the road cash price||£28,570.00|
|Term of agreement||48 months||Total amount of credit||£22,782.68|
|Annual mileage||8,000 miles||Rate of interest (fixed)||1.3%|
|Customer deposit||£4,187.32||Option to purchase fee||£1.00|
|Retailer deposit contribution||£0.00||Optional final payment||£9,548.78|
|BMW UK deposit||£0.00||Total amount payable||£29,390.10|
|BMW FS deposit contribution||£1,600.00||APR||1.3%|
|Total deposit||£5,787.32||Excess mileage charge||5.84 pence|
TERMS & CONDITIONS
1.3% APR. Based on a loan amount of £22,782.68 over 48 months at an interest rate of 1.3% per annum. Your monthly repayment will be £299.00. Your deposit contribution will be £4,187.32, the Retailer will contribute £0.00 and the Manufacturer will contribute £0.00 and BMW Financial Services will contribute £1,600.00 making a total deposit contribution of £5,787.32 towards your car’s on the road cost of £28,570.00. You may drive up to 8,000 miles per year, any excess mileage will incur a charge of 5.84 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 £1.00 and make a final repayment of £9,548.78. The total amount of all payments and any fees will be £29,390.10. 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.