Whether you are buying or leasing a BMW car, the finance department of the dealership has the tools and resources to help you get into an affordable loan or lease agreement. The company offers a variety of discounts for active duty service members and college graduates, and you can also apply for credit through the company online. The company also reports payments to the major credit bureaus, which can be beneficial for your score.
BMW Financial Customer Service
When you purchase or lease a vehicle from a dealership, the dealership’s finance staff will work with BMW Financial Services to arrange an auto loan for you. The company offers a number of discount programs for active duty service members and college graduates, as well as rebates on adaptive equipment. You can find the full list of available discounts at the BMW website.
You can apply for a loan through BMW Financial Services’s online application, which allows you to complete the entire process from the comfort of your own home. The application includes questions about your personal situation and your financial history. It also requires a social security number and driver’s license. The company will use this information to assess your risk and determine your monthly payment amount. Once you are approved, the company will provide the funds to the dealer within seven days.
BMW Financial Services also offers a range of auto insurance options, including comprehensive, collision, and gap coverage. You can also buy a warranty for your car through the company, which protects you against mechanical breakdowns. The warranty can cover repairs and replacement costs for up to a certain number of miles.
Eligibility for BMW financing depends on many factors, but the company’s primary focus is on offering incentives to buyers and lessees. These can include things like 0.00% APR deals, special terms like extra mileage, and the waiver of fees on a lease deal. Oftentimes, these incentives require a high credit score or a longstanding relationship with the brand.
The main drawback of working with BMW Financial Services is that they only offer financing for vehicles sold or leased through authorized BMW dealers. This can make it difficult to shop for cars from other manufacturers. If you want to drive a BMW, this can be an inconvenience, but it’s not a dealbreaker.
Clear, simple pricing. Tailored lease and financing options. Exceptional service. That’s what it’s all about at BMW. They’re here to extend the BMW tradition of performance and quality so you can enjoy what’s Beyond the Drive. BMW Financial Customer Service