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.
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.
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 email@example.com.
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.
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.
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.
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