How does BMW Charter: Fixed-Term Rental work?

With Charter: Fixed-Term Rental, your monthly rental is calculated based on your preferred rental period and agreed-upon mileage limit. The monthly rental includes Comprehensive Insurance.

Does BMW Charter: Fixed-Term Rental include insurance?

Yes, Comprehensive Insurance is included in your monthly rental.

Is the BMW Charter: Fixed-Term Rental available on used BMWs?

No, the product is only availale on selected new BMW models.

Do I have to pay a deposit with BMW Charter: Fixed-Term Rental?

No, a deposit is not required on the Charter: Fixed-Term Rental product. You can however pay a larger rental amount as your initial rental payment.

Can I purchase my vehicle when my BMW Charter: Fixed-Term Rental comes to an end?

No, you will not have the option of ownership. With this product, the vehicle is returned to BMW Financial Services at the end of the agreement.

Is BMW Charter: Fixed-Term Rental available for companies?

Yes it is. Both companies and private individuals can finance with Charter: Fixed-Term Rental.

Can I keep my vehicle once my BMW Charter: Fixed-Term Rental agreement comes to an end?

No you can't. When you reach the end of your rental agreement, you need to return your vehicle to your BMW Retailer. Charter: Fixed-Term Rental does not offer the option of ownership at the end.

What do I need to pay attention to when returning my rental vehicle?

When renting a vehicle through Charter: Fixed-Term Rental, your vehicle will be subject to fair wear & tear. Refer to our vehicle return checklist to ensure you have an easy vehicle return. Also make sure you stay within your agreed mileage limit to avoid any penalty fee.

Do I have to expect any further costs when the rental agreement comes to an end?

If the vehicle displays any damage on return that is not covered by the insurance, costs may be incurred.

BMW Charter:
Fixed-Term Rental.

Enjoy 100% certainty at every turn.

BMW Charter: Fixed-Term Rental.

With no deposit, no depreciation and a fixed monthly rental payment, Charter: Fixed-Term Rental is the ultimate way to experience the Sheer Driving Pleasure of a new BMW without the uncertainty that comes with ownership. When your agreement ends, return your BMW to your preferred BMW Retailer.

Charter: Fixed-Term Rental is an ideal solution for diplomats, expats and other individuals looking for flexible, fuss-free driving which includes comprehensive insurance.

BMW Charter: Fixed-Term Rental.

Designed for individuals who.

01. Drive less than 20 000 km per year.

02. Prefer an Insurance-inclusive finance solution.

03. Don't want to own a vehicle.

BMW Charter: Fixed-Term Rental. The hassle-free BMW Finance option.

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Learn more about Charter: Fixed-Term Rental in our tutorial video.

With Charter: Fixed-Term Rental your monthly rental is calculated based on your chosen rental period and an agreed-upon mileage limited. This amount includes Comprehensive Insurance. Rental periods range from 12 to 54 months and mileage parameters from 10 000 to 95 000 kms.

Frequently asked questions about BMW Charter: Fixed-Term Rental.

Woman standing in front off a BMW 4 Series Convertible

Current BMW Financial services offers.

Your dream BMW is just a click away with BMW Charter: Fixed-Term Rental. Discover the latest BMW Financial Services offers.

Explore our latest offers

The end of your BMW Charter: Fixed-Term Rental contract: all you need to know.

When your agreement comes to an end, return your BMW to your preferred Retailer. Provided that there is no damage beyond fair wear and tear, or excess mileage: you’ll have nothing more to pay.

BMW Financial Services BMW Leasing woman puts her feet on the door of a BMW

Switch to a new BMW.

As one journey comes to an end, a new one is about to begin. With BMW Anywhere, you can now browse nationwide stock online from anywhere, at any time.

Simply return your current vehicle to your preferred Retailer, and find your next vehicle by browsing nationwide stock.

Browse Now

Return your BMW.

At the end of your Charter: Fixed-Term Rental agreement, you can simply return your BMW to your preferred BMW Retailer. To ensure that your vehicle return goes smoothly, you can refer to the checklist below which will guide you through the process.

Find a Preferred Dealer

Checklist for Returning your BMW.

Insurance Claims (Optional).

Your Charter: Fixed-Term Rental agreement is subject to fair wear and tear. Prior to your vehicle valuation, please contact your insurer to assist with repairs should you have any damages to your vehicle.

Filename: Finance End-of-term Fair Wear and Tear Guide_D4.pdf
Size: 65 KB
Format: application/pdf

Refer to our Fair Wear and Tear guide Policy

Filename: BMW_SF_Charter_Fair_Wear_and_Tear_Guide_F.pdf
Size: 15 MB
Format: application/pdf

Refer to our Fair Wear & Tear Guide

Vehicle Condition Assessment.

Prior to returning your vehicle to your preferred BMW Retailer, a complimentary vehicle condition assessment needs to be completed by our approved assessor TÜV SÜD.

You contact them on tuvsudcic@avts.co.za or (021) 935 7965 to make an appointment.

Schedule an appointment with your preferred BMW Retailer.

After concluding your vehicle condition assessment, you can contact the Finance & Insurance Manager at your preferred BMW Retailer to schedule an appointment for your vehicle return.
Please note that the vehicle must be returned within 4 days of the assessment being completed and at least 7 days prior to your contract end date.

Return your BMW.

After concluding your vehicle condition assessment, you can contact the Finance & Insurance Manager at your preferred BMW Retailer to schedule an appointment for your vehicle return.