Luxury cars are a must-have. BMW is most suitable for your vehicle needs if you love quality and beauty. However, before buying a car, it is essential to explore your options and the payment methods that each dealership offers you. Let us learn about ‘BMW Payment Options’.
BMW always makes sure to sell an experience to its most loyal customers. If you have never driven a BMW before, this might be your sign of getting yourself one. Of course, you will have to explore and determine which payment methods are perfect for your budget. So get yourself a BMW today and be part of the elite group. The BMW payment options are flexible and should keep you satisfied.
What payment options are available at BMW?
Are you planning on purchasing that BMW you have been dreaming of for a while? Take your time finding out what payment options you can get when investing in your dream car. These are the payment options that the BMW financial services have to offer:
- EasyPay Automatic Payments
It is a quick, convenient, and easy payment method. This one does not require you to take many steps, thus making it easier for you to make your payments. Furthermore, this payment method allows you to manage your account from your BMW account. You can make an electronic payment that does not require any paper statements. This payment option gives customers an easy way to make automatic payments without hassles. You have to create your account, make payments, and track your payments by viewing all statements on your My BMW account.
- Pay By Mail
If you prefer to make and track your payments physically, this option is perfect. You will have your account statements mailed to you, and at the bottom, you will find a return slip. All you have to do is tear off the return slip (the part at the bottom). On your check, include your 10-digit BMW financial services account number. If you opt for paperless account statements, you will have to print out the statements and carry on with the payment process.
- Pay By Phone
If you want to get caught up in filling in many details yourself, you can opt for paying by phone. Call 800-578-5000, so you can make a once-off payment at that time or schedule a later date. You can use your debit card or your checking or savings account to complete your payment.
It all depends on which payment option you are most comfortable with. However, you do not have to stress making payments because BMW financial services have you covered by offering you the best and most flexible payment options.
What other Financial Services does BMW offer?
If you have different plans in mind, these options might come in handy in helping you make decisions. If you need a little help with payments, you might have to consider these options. These financial services help customers get the best driving experience by purchasing a BMW. Explore these services and get ready to experience the best ultimate driving.
- Leasing
The exciting news is that you do not have to settle for just one car for a long time. You can lease one of your favorite cars for some time, then pick another one after some time. Do not be restricted if you love exploring; this leasing option allows BMW customers to drive and experience the latest BMW vehicle at the time. These are some of the leasing options that BMW has to offer to its customers:
- Specified mileage
- Term length
- Car and Ridesharing lease
Financing
If you plan to buy your BMW beast, this subscription plan can be very beneficial; this is a flexible option because it allows you to customize your purchases, thus making your experience with BMW more satisfactory. Financing options include:
- BMW Balloon Financing
- BMW I Financing
BMW payment calculator
This particular feature allows customers to get an estimate on their purchases. If you are still deciding what type of vehicle you would like to purchase, then this perfect little tool will be of great help. You can go online and visit the BMW website to find their Payment Estimator to have an idea of what your budget should look like. These are the criteria that you have to fill in when finding an estimate on your purchase:
- Pick a series (Series range from 1 to 8)
- Model
- Estimated Trade-in value and Add-on Value
- Location
After inserting these details, the BMW payment calculator will give you the approximate value you would have to pay for your purchase. So, if you are undecided, you can use this tool to help you decide on the vehicle you want to purchase.
BMW Payment Grace Period
Before your payment cycle ends, you will have to settle your account. Owning a BMW must be an outstanding achievement. BMW notably offers its customers a 7 to 15 days grace period (late payment) which should be sufficient to settle your account. Fix your budget and give yourself enough time to make your final payments. Then, bag yourself one of the luxurious and beautiful BMW vehicles.
Conclusion
BMW payment options are flexible and convenient for each customer. BMW is dedicated to serving its customers only the best quality experience through their luxury vehicles. Explore BMW’s payment options, from paying by mail, paying by phone, and making instant payments. Pick the right option suitable for you.
Frequently Asked Questions
- Can I make payments with my credit card?
BMW does not take credit cards for monthly payments, but you can use your debit card.
- How many months do I get to pay for my BMW?
BMW typically offers its customers installments ranging from 12, 18, 18, 24, 36, or52 months. You can choose how many installments you would like to make based on your budget.
- Does BMW accept deferred payments?
BMW will offer you a deferred payment, and during that period, they will not collect any payments due. Find out with each dealership if they offer customers any deferred payments.
