BMW Finance products, services and reviews

About BMW Finance

BMW Finance, the captive lending arm of BMW Group (operating as BMW Financial Services in many markets), provides retail auto loans, leases, and select balloon or residual-based products for new, used, and certified pre-owned BMW and MINI vehicles, with availability and terms varying by country and dealer. Applications are typically submitted at the dealership or online and are subject to credit approval, income verification, and a hard credit inquiry; rates and money factors are tiered by credit profile and may be affected by manufacturer incentives and dealer participation. Common loan terms range from roughly 24 to 72 months, with no prepayment restriction stated in many simple-interest contracts (verify any fees in the agreement). Lease programs commonly run 24 to 48 months with standard mileage allowances and per‑mile overage charges, acquisition and disposition fees, potential security deposits or multiple security deposits where offered, and an end‑of‑lease purchase option at a preset price plus applicable fees. Contracts typically require full insurance coverage; BMW leases often include a gap waiver, while optional products such as excess wear, tire and wheel, and other protection plans may be offered at additional cost. End‑of‑lease procedures generally include a vehicle inspection and assessment of excess wear. Customers can manage accounts, payments, and payoff requests via an online portal or app, and payment history is usually reported to credit bureaus. Fees, eligibility, incentives, and program features change frequently and differ by market and model; review the specific contract and dealer disclosures for current details.