BMW Financial Services
BMW Financial Services
2009 FN50 position: 27/50
Fleet Size: 8,686*
BMW Financial Services is BMW UK’S official in-house vehicle leasing company, offering leasing, protection and finance in a variety of packages and plans to suit customers. Founded in 1996, the company was established to offer a wide range of options for the financing, purchase and rental of BMW and Mini vehicles to both private and corporate buyers. The company employs in the region of 300 associates and has become a major part of BMW UK’S business model.BMW Financial Services offer three differing finance quotes as well as numerous insurance quotes, with each catering to a specific type of customer:
BMW Select
BMW Select is the company’s Personal Contract Purchase product. It carries no obligations until the very end of the agreement and has a fixed monthly payment scheme for easy, fair billing. At the end of the agreement customers have the option of making a final payment to keep the car, or to part exchange it for a new model.
BMW Hire Purchase
BMW’s hire purchase scheme gives customers a simple monthly fixed payments scheme, where the cost can be spread of a set period of time so it’s easy to maintain. There are no mileage restrictions and everything is agreed upon prior to the contract. At the end of the period, the customer is allowed to keep the BMW.
BMW Contract Hire
The Contract Hire focuses on the customers who don’t wish to own the car at the end of the contract and would rather rent it for a set, allotted time period. Due to this, the rental prices are far cheaper than if intending to own the car afterwards and there’s no need to worry about the depreciation as well.
BMW Insurance schemes
BMW insurance schemes cover all areas from basic car insurance to travel insurance and income protection. Each service is quoted individually and can be used in conjunction with any other, meaning customers can have their own tailored insurance plan to suit them.
BMW Financial Services can be contacted in the UK via their GB headquarters in Europa House, Hampshire. They can also be contacted via their telephone number 08705 050 120, or alternatively you can simply logon to their site for more details at http://www.bmwfin.com/bmwuk/finance/homepage/0,,___,00.html.
Sources Used
http://webcache.googleusercontent.com/search?q=cache:CrJzRlVu-1YJ:www.bmw.co.uk/bmwuk/about/corp_information/0,,___, 00.html%3FsiteID%3D1364 +bmw+financial+services+established&cd=2&hl=en&ct=clnk&gl=uk
http://www.financingyourcar.org.uk/car/protection/bmwfinancialservicesltd.riv
http://www.bmwfin.com/bmwuk/finance/homepage/0,,___,00.html
http://www.bmw.co.uk/bmwuk/finance/financing_your_bmw/0,,___,00.html?show=financing
http://www.fleetnews.co.uk
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