BMW MOTORRAD FINANCIAL SERVICES COVID-19 CUSTOMER UPDATE.

FINANCIAL SERVICES CUSTOMERS IMPACTED BY CORONAVIRUS.

During the Coronavirus pandemic BMW Financial Services has been able to support customers experiencing temporary financial difficulties as a result of COVID-19 in the form of a Payment Deferral, in line with guidance from the Financial Conduct Authority (FCA).

 In accordance with FCA guidance, applications for new Payment Deferrals closed on 31 March 2021.  

However, if customers have an active Payment Deferral in place they can extend their deferral further, up to a maximum of six months in total or until 31 July 2021 (whichever comes first). If customers have resumed their monthly repayments after a Payment Deferral, they cannot apply for a further Deferral.  

If you are in financial difficulties and do not currently have an active Payment Deferral in place which can be extended, please contact us on 0370 5050 123 to discuss your circumstances and how we may be able to support you.  

If you do have an active Payment Deferral in place and would like to extend your deferral, you will need to call us on 0370 5050 123 at least five working days before your next monthly payment becomes due. 

 Please read the information about Payment Deferrals here before you call to ensure that you are fully informed of your options.  

OUR ONGOING COMMITMENT TO CUSTOMERS.

If you have questions about your finance agreement or insurance, the fastest and easiest way to find answers to frequently asked questions is via the BMW Online Genius. This is being regularly updated with the latest information. 

Alternatively, if you wish to update your personal details, change a payment date, request a settlement figure or arrange a vehicle collection you can self-serve using our MyBMW Finance facility here

For matters that can’t be answered via the Online Genius or MyFinance, our Customer Support teams are working from home and available to provide the support and service customers expect on 0370 5050 123 (8am–7pm Monday to Friday and 9am–5pm Saturday). 

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