Finance Example For The BMW 118i SE

These figures are a select finance example for the BMW 118i SE model.

Monthly payment

£299.99

Term of agreement

48 months

Annual mileage

8,000 miles

Optional final payment

£10,462.68

Option to purchase fee

£0.00

On the road cash price

£26,035.00

Your deposit

£299.00

Our deposit contribution

£3,124.87

Total deposit

£3,423.87

Amount of credit

£22,611.13

Total amount payable

£24,814.68

Excess mileage charge (per mile)

6.49 pence

Rate of interest (fixed)

2.9%

Representative 2.9% APR

Terms & Conditions

[Retailer Legal Name] is a credit broker not a lender.

Representative example is for a BMW Select agreement for a BMW XXXXXX with optional XXXXX, with a contract mileage of XX,XXX miles and excess mileage charge of X.XXp per mile. Applies for new motorcycles ordered between XXXXX and XXXXX and registered by XXXXX (subject to availability). Retail customers only. *On the road cash price is based on manufacturer’s recommended retail price and includes 3 year BMW Retailer Warranty, BMW Emergency Service, 12 months’ road fund licence, motorcycle first registration fee, delivery, number plates and VAT. ^Optional final payment 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 Offer may be varied, withdrawn or extended at any time.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. [Retailers legal name] trading as [Retailer name] introduces customers to a selected panel of lenders, which includes BMW Motorrad Financial Services. We may receive a fixed commission for introducing you to BMW Motorrad Financial Services, calculated by reference to the bike or as a percentage of the amount you borrow. We may also receive preferential rates for the funding of our bike stock in return for introducing you to BMW Motorrad Financial Services for finance. Any payments made to us will not affect the amounts you pay under your finance agreement. An introduction from us does not amount to independent financial advice.

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