BMW Owners Choice Rates and Offer Incentives
OwnersChoice combines the lower monthly payments of leasing and the security of ownership. It's just one more example of BMW Financial Services' commitment to providing our customers with the most flexible financing programs around.
How it Works
You make low monthly payments for a set period. When you reach a three-way option point, you can either:
1. Get a new BMW and sell your BMW back to us at a predetermined price.
2. Refinance the balloon payment amount.
3. Complete your purchase by making the balloon payment.
OwnersChoice is available for new and Certified Pre-Owned BMW vehicles. For new and current model year Certified Pre-Owned, you can choose from flexible terms up to 60 months, in 6-month increments, just like a lease. For non-current year models up to 5 years old, terms up to 48 months may be selected.
Standard mileage allowance per year is 15,000 miles, with an excess mileage charge of 25 cents per mile for the BMW 7 Series, and 20 cents per mile for all other BMW vehicles. OwnersChoice customers have the same vehicle maintenance requirements as lease customers.
Advantages of Owner's Choice
In states where regulations make leasing less advantageous, OwnersChoice allows you lower monthly payments for more car.
No down payment on terms through 60 months on new and Certified Pre-Owned BMWs with approved credit.
You make lower monthly payments for a set term, as in a lease, and have similar flexible end-of-term options.
OwnersChoice gives you ownership. The title is in your name.
If you finalize your purchase at the end of your monthly payment by paying your final balloon payment, you own your BMW outright.
