BMW Finance.You buy the BMW. We assist with the Finance.
WE ARE A CREDIT BROKER, NOT A LENDER
BMW is now a benchmark for luxury cars. From humble beginnings in Bavaria, where the Bayerische Motoren Werke GmbH first started making engines for various applications to developing some of the latest offerings on the collector’s market, BMW has become a renowned name.
Fast forward over a century, and the BMW Group is now producing some of the most popular models on British roads. With an ever-increasing range of prestige cars, electric vehicles, and supercars, they continue to wow passionate petrolheads the world over.
At Magnitude Finance, we understand that thrill.
As an independent credit broker, we can offer you a range of truly affordable finance packages at unbeatable prices – thanks to exclusive deals with finance providers that can’t be found anywhere else.
To find out how our stress-free concierge service can help you source your prestige vehicle, get in touch today.
Under a Hire Purchase agreement, you usually pay a deposit at the start of the agreement. You then pay the rest of the value of the car in instalments, over a period of between 3 and 5 years.
Balanced Payment Plan
A Balanced Payment Plan offers the benefits of a fixed monthly payment, however tracks the changes in the finance house base rate, LIBOR or bank base, depending on the agreement.
Personal Contract Purchase
PCP is a popular way of financing a vehicle and is usually based upon a Hire Purchase agreement. The main difference is that the vehicle’s value at the end of the agreement is calculated at the start.
We have access to a number of specialist lenders that will look at high value vehicles over £1 million, classic and exotic cars, refinancing existing deals, equity release or even assets other than vehicles.
Representative example - BMW X3
|Amount of credit||£32,000|
|Total amount payable||£49,246.85|
|Regular monthly instalment||£538.55|
|Duration of agreement||48 months|
|Type of interest||Fixed|
*This BMW PCP finance example is for illustration purposes only. Please contact our finance team for a tailored quotation.
Our finance calculator and concierge
service makes financing your car simple.
Call us and get a tailored quote on your chosen car (or apply online).
When you are happy, we’ll create and submit your application to your chosen lender.
Once approved, pay a deposit to the dealer and sign & return the finance documents to us.
We pay the dealer - you pick up your new car!
Our experience is unrivalled
With over 30 years in business building strong relationships with consumers, dealers and manufacturers, no other prestige car finance specialist can match our experience.
As part of DSG Financial Services we have been able to negotiate the very best terms from our lenders on behalf of our customers, so you can expect lower rates than most of our competitors are able to offer – just try us and see.
Magnitude work in your best interests – not those of manufacturers or dealers – to always offer the best overall package for you.