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With the BMW Balloon Financing, you can experience sheer driving pleasure while enjoying greater interest savings and at a shorter loan tenure, from 3 to 5 years.
HOW DOES IT WORK?
It will be a fixed monthly repayment amount with your choice of tenure. At the end of your contract, you have three options to settle your final balloon sum.
1. SELL
Trade in or sell your BMW to settle the final balloon sum payment, and use the remainder for the down payment of your next BMW.
2. KEEP
Settle the balloon sum and keep your BMW.
3. EXTEND
Extend your contract for another 6 to 12 months by restructuring your loan.
Benefits:
- Better Cash Flow Management
With the extra money in your pocket, dress-up your new BMW, or to focus on other important priorities in life.
- Increase Affordability
With Balloon Financing, the monthly payment is lower, hence, you have the option to choose from a wider range of car models.
- Interest Savings
Your interest charges is lower compared to a conventional financing product, regardless if your loan tenure is 3 years or 5 years.
- Better Trade-In Value
Your BMW will still be in demand as your mileage will be moderate and the vehicle will still be within its design life cycle.