BMW Select Finance Agreement: BMW K 1600 GT SE
|Monthly Payment||£259.00||Rate of Interest (fixed)||9.9%|
|Term of Agreement||36 months||Option to Purchase Fee||£1.00|
|Annual Mileage||5,000 miles||Optional Final Payment||£9,038.02|
|Total Deposit||£4,106.73||Total Amount Payable||£22,210.75|
|On the Road Cash Price||£18,805.00||APR||9.9%|
|Total Amount of Credit||£14,698.27||Excess Mileage Charge||11.17 pence|
Based on a loan amount of £14,698.27 over 36 months at an interest rate of 9.9% per annum. Your monthly payment will be £259.00.
Your deposit contribution will be £4,106.73 towards your motorcycles' on the road cost of £18,805.00.
You may ride up to 15,000 miles per year, any excess mileage will incur a charge of 11.17 pence per mile if you decide to return the vehicle.
At the end of your term, if you want to buy the motorcycle outright you need to pay an option to purchase fee of £1.00 and make a final repayment of £9,038.02. The total amount of all your payments including any fees will be £22,210.75.
Terms and conditions
Williams Motorcycles is a credit broker not a lender.
Our deposit contribution (where applicable) only available on BMW Select. Finance example is for a BMW Select agreement for the model shown above. Applies for new motorcycles ordered between 1 April and 30 June 2017 and registered by 30 September 2017 (subject to availability). Retail customers only. *On the road cash price is based on manufacturer’s recommended retail price and includes 2 year BMW Retailer Warranty, BMW Emergency Service, 12 months’ road fund licence, motorcycle first registration fee, delivery, number plates and VAT. ^Optional final payment and option to purchase fee not payable if you opt to return the motorcycle at the end of the agreement (motorcycle condition, excess mileage and other charges may be payable). Finance available subject to credit acceptance to UK residents aged 18 or over. Guarantees and indemnities may be required. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. ‘BMW Select’ is a form of hire-purchase agreement provided by BMW Motorrad Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB. You will have a 14 day statutory right to withdraw from the agreement. Williams Motorcycles trading as Williams Motor Co. (Holdings) Ltd commonly introduce customers to a selected panel of lenders including BMW Motorrad Financial Services. We may receive commission or other benefits for introducing you to such lenders. This introduction does not amount to independent financial advice.