What is BMW Select Financing?

Man Sitting at Desk Doing Calculations
Many Stamford drivers find the unique benefits of leasing as appealing as they find the particular benefits of financing. So, why choose when you can sign up for BMW Select Financing, which allows you to enjoy the benefits of both? Find out more about this BMW exclusive program, and then fill out a pre-approval, calculate the value of your trade-in, and get in touch with our finance department to find out how to take the next step towards joining the BMW Select Program.

Benefits of BMW Select Program

What is BMW Select, exactly? BMW describes BMW Select financing as “a retail installment sales contract with a balloon payment.” If that still sounds vague, don’t worry. Other White Plains drivers have said the same thing. Let’s take a close look at what this program has to offer you so you have a better understanding of its potential benefits.

  • When purchasing a vehicle with BMW Select, a chunk of the balance is moved to the end of the contract as a final balloon payment amount.
  • This will reduce your monthly payments during the set term of your contract, bringing you the short term cost benefits of a lease.
  • Once your loan term is up, you can either refinance the final payment or pay it off in one sum.
  • Please note that BMW Select financing is not available in the following states: IL, NC, ND, NH, NV, PA, TX and WV.

What is BMW Owners Choice Balloon Financing?

This is a BMW financing program offered to Illinois, Texas, and Georgia drivers. Like the BMW Select Program, it fuses the low monthly payments of leasing with vehicle ownership by allowing you to opt for a balloon payment at the end of your contract. Similar to BMW Select Financing, the size of your balloon payment with BMW Owners Choice Balloon Financing depends on your creditworthiness, the original contract terms of your loan, and the estimated market value of your vehicle at the end of its contract.

Explore the BMW Select Program With BMW of Greenwich

Now that Darien drivers, you included, have an answer to the question, “what is BMW Select financing?”, and you have an idea of whether it’s right for your needs, it’s time to take a look at our inventory and get in touch with our finance department. If you have other questions related to the car buying process, be sure to consult our car buying tips.

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