BMW i3BMW Select Finance

More about the car

Figures

BMW Select finance example for a BMW i3 with optional i3

Monthly payment £0.00
Term of agreement 399 months
Annual mileage 48 miles
Optional final payment^ £0.00
Option to purchase fee £0.00
On the road cash price £3,037.03
Total deposit £0.00
Amount of credit £31,305.00
Total amount payable £11,825.66
Excess mileage charge (per mile) 2.9 pence
Rate of interest (fixed) 28267.97%
Representative 30977.66% APR

Finance explained

30977.66% APR. Based on a loan amount of £31,305.00 over 399 months at an interest rate of 28267.97% per annum. Your monthly repayment will be £0.00.

Your deposit contribution will be £32,000.00, the Retailer will contribute £399.00 and BMW Financial Services will contribute £0.00 making a total deposit contribution of £0.00 towards your car’s on the road cost of £3,037.03.

You may drive up to 48 miles per year, any excess mileage will incur a charge of 2.9 pence per mile if you decide to return the vehicle.

At the end of your term, if you want to buy the car outright you need to make a final repayment of £0.00. The total amount of all payments and any fees will be £11,825.66. This includes any retailer and BMW UK deposit contributions.

Your quote is indicative and may vary if the details of the offer alter before your application for finance.

iSelect Finance

BMW iSelect, our Personal Contact Purchase product is our most popular car finance product for both new and used cars. Watch our BMW Select video to find out how it works.

Terms & Conditions

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Rybrook Limited, trading as Rybrook Worcester is a credit broker not a lender.

Finance examples are for a BMW Select agreement for the models shown above. Figures shown incorporate HM Government Plug-In Car Grant. Applies for new vehicles ordered between 1 October 2021 and 31 December 2021 and registered by 31 March 2022 (subject to availability). Retail customers only. *On the road cash price is based on manufacturer’s recommended retail price and includes 3 year BMW Retailer Warranty, BMW Emergency Service, 12 months’ road fund licence, vehicle first registration fee, delivery, number plates and VAT. ^Optional final payment is not payable if you opt to return the vehicle at the end of the agreement (vehicle condition, excess mileage and other charges may be payable). Finance available subject to credit acceptance to UK residents aged 18 or over. Guarantees and indemnities may be required. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. ‘BMW Select’ is a form of hire-purchase agreement provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB. You will have a 14 day statutory right to withdraw from the agreement. Rybrook Limited trading as Rybrook Worcester introduces customers to a selected panel of lenders, which includes BMW Financial Services. We receive a fixed commission for introducing you to BMW Financial Services calculated by reference to the vehicle or as a percentage of the amount you borrow. We do not have any discretion to vary the interest rate or APR you pay under your finance agreement. An introduction from us does not amount to independent financial advice.