BMW Hire Purchase BMW Hire Purchase

BMW Hire Purchase.

Deposit + monthly payments.

The attraction of BMW Hire Purchase is that there are no mileage restrictions, so you can spend as much time on the road as you like. What’s more, when you get to the end of your finance agreement, the car is all yours*.

WHO IS IT FOR?

If you’re looking for a straightforward approach to car finance, and want to pay for your BMW month by month until you end up owning it, BMW Hire Purchase could be for you.

HOW IT WORKS.

Once you’ve chosen the model that’s right for you, simply decide how much you would like to put down as your deposit and how long you would like your finance agreement to last (between 24 and 60 months). Next, we’ll calculate your monthly payments, which will include interest and fees. Once all payments have been made at the end of the agreement, you own your BMW**.

Download our brochure

YOUR NEXT STEPS.

To explore our latest finance offers or find BMW Approved Used Cars, please click the links below:

Finance offers

Approved Used BMW


FIND OUT ABOUT OUR OTHER PRODUCTS:

SEE HOW OUR PRODUCTS COMPARE.

BMW SELECT (PCP) BMW HIRE PURCHASE BMW CONTRACT HIRE
Deposit + monthly payments + optional final payment. Deposit + monthly payments. Initial rental + monthly rentals.
Term for new vehicles 24 – 48 months* 24 – 48 months* 24 – 48 months*
Term for used vehicles 30 – 60 months* 30 – 60 months* n/a
Vehicle age Vehicles that are 7 years and younger at the start of the agreement can be financed using BMW Select. Vehicles may not be older than 10 years at the end of the agreement.* Vehicles that are 10 years and younger at the start of the agreement can be financed using BMW Hire Purchase. Vehicles may not be older than 12 years at the end of the agreement.* Vehicle cannot be a used car. BMW Contract Hire is only available for new cars.
Deposit/amount/initial rental Total deposit can be any amount between 0% and 40% of the on the road cash price. Where the agreement is 50 months of longer then a minimum deposit of 10% is sought.* Total deposit can be any amount between 0% and 80% of the on the road cash price.* The initial rental can be any amount between 0% and 50% of the on the road cash price.*
At the end of term of the agreement You can choose to either part-exchange, purchase or return the vehicle – your options are open until the end of the agreement. You will own the vehicle outright at the end of the term of agreement. You can either keep the vehicle or part-exchange it for a new BMW. Return the vehicle – hand your BMW back and choose another from within the range.
Min and max amount of credit £2,000 to £150,000 £2,000 to £150,000 n/a
Min and max mileage per annum 8,000 to 50,000 miles per annum n/a 8,000 to 50,000 miles per annum
Maximum total mileage 150,000 miles* n/a 150,000 miles*
Option to purchase fee? No No n/a

TERMS AND CONDITIONS.

* If you wish to discuss different arrangements, your BMW Retailer will be able to advise you of your options. 

** Provided you have made all of the necessary payments due under your agreement. Please note, 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.

Finance is subject to status and available to over 18s in the UK only. Guarantees and indemnities may be required. Advertised finance is provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.