- 1 How do I contact BMW Financial Services?
- 2 What does BMW Financial Services do?
- 3 Is BMW Financial Services a bank?
- 4 Where is BMW Financial Services located?
- 5 What credit score is needed for BMW Financial?
- 6 Which credit agency does BMW use?
- 7 Can I pay off my BMW finance early?
- 8 Does BMW Financial have a grace period?
- 9 Does BMW offer insurance?
- 10 What company makes BMW cars?
- 11 What are BMW finance rates?
- 12 Do BMW leases include gap insurance?
- 13 Can I refinance my BMW?
- 14 Can I extend my BMW lease?
- 15 Does BMW Financial have an app?
How do I contact BMW Financial Services?
Call 800-578-5000 and make a one-time payment with your checking/savings account or debit card for the same day, or schedule your payment for a future date.
What does BMW Financial Services do?
The main business activities are financing and leasing of BMW Group automobiles and motorcycles for retail and commercial customers. Its fleet management the financing business operates under the Alphabet brand. BMW Group Financial Services also offers customers selected insurance and banking products.
Is BMW Financial Services a bank?
The BMW Bank GmbH is a finance service and a company of the BMW Group. The company known under BMW Group Financial Services was founded in 1971 in Munich.
|Number of employees||1,309 (2018)|
Where is BMW Financial Services located?
BMW Financial Services NA, LLC is also present in Woodcliff Lake, New Jersey with approximately 100 Associates based in the same office building as BMW of North America, LLC.
What credit score is needed for BMW Financial?
Applicants with a credit score of at least 650 and up to 850 may be eligible for BMW Financial Services. The minimum age to be eligible is 18 or the state minimum, whichever is higher. BMW Financial Services does not have or does not disclose a minimum annual income eligibility requirement.
Which credit agency does BMW use?
BMW uses only Experian on the initial inquiry to determine your Credit Tier and debt obligations. Your Tier impacts your rate/MF and how much advance above MSRP they will allow.
Can I pay off my BMW finance early?
There is no early pre payment penalty for BMW FS contracts (at least not for you). If you get a finance incentive, and then pay off your BMW FS contract earlier than 3 months, your dealer may be charged back.
Does BMW Financial have a grace period?
The BMW Financial late payment policy provides a grace period of 7 to 15 days.
Does BMW offer insurance?
BMW Flex Car Insurance is a fully comprehensive monthly insurance policy designed for your new or used BMW. It’s not just any insurance policy but an investment in maintaining your BMW beyond the drive.
What company makes BMW cars?
Have you ever wondered who makes BMW vehicles? BMW, which stands for Bayerische Motoren Werke Aktiengeselleschaft and translates to Bavarian Motor Works, is owned by the parent company, BMW Group. This company also owns luxury auto brands like Mini and Rolls-Royce, and BMW has its headquarters in Munich, Germany.
What are BMW finance rates?
BMW Finance Offers
Most other BMW vehicles come with 0.9% or 1.9% financing for five years. You can get the 2021 2 Series, 3 Series, 4 Series, X1, and X2 with 0.9% financing and the 2021 5 Series, 7 Series, 8 Series, X3, X4, X5, X6, X7, and Z4 for 1.9%.
Do BMW leases include gap insurance?
GAP coverage is usually included in lease agreements. If it is not, you can usually purchase it. GAP coverage is not required for financing a purchase it is still a good idea in case of a disaster, such as a total loss.
Can I refinance my BMW?
You can refinance the final payment amount with BMW Financial Services. You can complete your purchase with the one final cash payment. You can TRADE or SELL the vehicle and if your vehicle is worth MORE than the final payment, you KEEP THE DIFFERENCE!
Can I extend my BMW lease?
Extend Your Lease: If you’ve fallen in love with your BMW lease and you can‘t stand to see it go just yet, you can easily extend your lease and continue driving that same vehicle! Most of the time, we’ll keep you on that same lease plan so you can continue your routine without skipping a beat.
Does BMW Financial have an app?
BMW Financial Services customers download or upgrade to the latest version of the Ultimate Driving App through the iTunes App Store or Android Market. The app can automatically generate a personalized email to the dealership or they place a call directly.