How does BMW Operating Lease work?

With BMW Operating Lease you make regular fixed monthly payments up until the end of the contract, which depend on the vehicle usage and interest rate. As a result, you always have full control of your financial planning.

How does BMW Select work?

With BMW Select, you can specify the monthly leasing payments individually to match your budget.

Can I keep my vehicle after the leasing contract comes to an end?

Yes, you can keep your vehicle when the leasing contract expires and purchase it at the previously specified residual value, either by paying at once or by taking advantage of our finance offers.

What are my options at the end of the leasing contract?

There are three options when the leasing agreement expires: changing to a new BMW, purchasing the vehicle and/or taking out a loan or returning the vehicle to your BMW Partner in line with the contract.

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

Arrange an appointment with your BMW Partner for returning your BMW at the end of the leasing agreement both for the preliminary inspection and for the final return of your vehicle. You should also consult the detailed checklist, which summarises all the points concerned with the return of the vehicle.

What happens if my vehicle has any damage at the end of the leasing agreement?

To ensure returning the vehicle is as simple and relaxed as possible, you should check and rectify any damage incurred with your BMW Partner in advance.

BMW SELECT EDGE.

Lower monthly instalments and flexible end-of-term options.

BMW SELECT EDGE.Lower monthly instalments and flexible end-of-term options.

BMW SELECT EDGE.

With BMW Select Edge, you can enjoy the benefit of servicing only the interest for the duration of your contract while you retain the flexibility to decide where to next at the end of your term: keep your BMW, return it or switch to a new model.

01 Have a deposit to put towards a new BMW.
02 Looking for nominal monthly payments.
03 Want the flexibility to keep, return or select a new BMW.

FREQUENTLY ASKED QUESTIONS ABOUT BMW SELECT FINANCE.

How does BMW Select Edge work?

With BMW Select Edge, you only need to service your interest over the duration of your contact with nominal monthly payments. Simply put down a deposit equal to the purchase price of your BMW less its Guaranteed Future Value. At the end of your term, you have the flexibility to switch to a new BMW, return your BMW or keep your BMW by settling or refinancing your Guaranteed Future Value.

THE END OF YOUR BMW SELECT EDGE CONTRACT: ALL YOU NEED TO KNOW.

With BMW Select Edge , you have the freedom to choose from the following options at the end of your contract: either trade in your BMW for a newer model, take ownership by paying the final lump sum payment (or refinance it), alternatively you can return your vehicle to your preferred BMW Retailer, and if the vehicle is in good condition, have nothing more to pay.

THE CHOICE IS YOURS.

Change to a new BMW, keep your BMW or return it: your plans – your decision.

SWITCH TO A NEW BMW.

Simply return your current vehicle and purchase a newer BMW model.

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.

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KEEP YOUR BMW.

Become the proud owner of your current vehicle by paying the final lump sum or refinance the amount with our help.

At the end of your BMW Select Edge agreement, you may want to keep your BMW. That’s why we give you the option of purchasing the vehicle at the end of your agreement at its predetermined Guaranteed Future Value (GFV) – either by making a final payment or by refinancing the final amount with our help. Contact your preferred Retailer to assist you with the refinance process, alternatively, you can contact our end-of-term advisor on advisor@bmwfinance.co.za.

Find a Preferred Dealer

RETURN YOUR BMW.

Take a look at our checklist and look forward to an easy and carefree return of your vehicle to your BMW Retailer.

If you'd prefer to return your BMW at the end of your agreement, your BMW Retailer will be happy to assist. To ensure that your vehicle return goes smoothly, please refer to the Fair Wear & Tear Policy and checklist document below which will guide you through the process. For a more detailed overview of the policy document please refer to the Fair Wear Tear Guide.

Refer to our Fair Wear & Tear Policy.

Refer to our Fair Wear & Tear Guide.

CHECKLIST FOR RETURNING YOUR BMW.

Insurance Claims (Optional).

Your Select Edge 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.

Refer to our Fair Wear & Tear Policy.

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 can 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 vehicle to your BMW Retailer.

When returning your BMW to your retailer, you will be required to complete the vehicle return checklist.
Please ensure that you bring along your all vehicle keys, the service book and all vehicle equipment such as the luggage compartment cover, tools, mobility kit, spare wheel etc.