If you have a regulated BMW Select or a BMW Hire Purchase agreement you have the right to end the agreement at any time under the ‘Half-Rule’.
You must hand back the vehicle and pay the balance to one half of the total amount due under your agreement (if you have not already paid at least one half) and in addition any arrears, excess mileage and damage charges.
Details of this right are set out in your agreement under “Termination: Your Rights”.
Are you thinking of returning your vehicle back under the ‘Half-Rule’?
If you choose to return your vehicle back under the ‘Half-Rule’ voluntary terminate your agreement you must also pay for any excess mileage or damage deemed to be outside of fair wear and tear.
For full details of the fair wear and tear guidelines, and the process should you choose to return your BMW, please go to Returning your BMW.
If you are thinking of returning your vehicle back under the ‘Half-Rule’ please contact our BMW Customer Services team.