If you like the idea of hiring a new BMW rather than ultimately owning it, BMW Contract Hire could be the ideal solution for you. BMW Contract Hire allows you to drive the BMW you want without having to worry about depreciation or selling.
BMW Contract Hire is a popular choice with our business customers because VAT registered businesses can reclaim up to 50% of the VAT on their rentals and up to 100% of the VAT on the maintenance charge.*
How it works.
Once you’ve chosen a BMW, decide on how long you’d like to hire the car for (typically between 24 and 48 months) and what your estimated annual mileage will be. We then agree with you an initial payment amount and a regular monthly rental to suit your budget.
Providing the vehicle is within the agreed mileage and kept in good condition*, you will have nothing more to pay when you hand the car back at the end of the agreement, where you have the freedom to start again with another BMW.
For additional peace of mind, you can also include an optional maintenance package at an extra cost (available on selected vehicles only).
*Terms and Conditions
BMW Contract Hire is not available on used cars. We remain the owner of the vehicle during the agreement and we may become entitled to recover the vehicle if you do not keep up your repayments.*If the rate of VAT changes during the hiring period, BMW Financial Services may change the rental charges. The amount of VAT you can reclaim depends on your businesses VAT status.** Additional charges may be payable for both excess mileage (actual mileage higher than contract mileage) and vehicle condition (British Vehicle Rental and Leasing Association Standards).
Hire is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Advertised hire is provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.