BMW PCP Finance


BMW Select, our Personal Contract Purchase product, is our most popular car finance product for both new and used cars. This is because of its key feature, which we call the Guaranteed Future Value MFV. BMW Select can be a flexible alternative by deferring a proportion of the car’s total value until the end of the agreement as an optional final payment. This amount is the Guaranteed Future Value MFV and is the key to how BMW Select works.

More BMW for your money
As you are deferring a proportion of the car’s value until the end of the agreement, your monthly paymentscould be less than you think. This may give you the flexibility to add more options to your car, or evenupgrade to a higher specification model, all within your budget. Or you can simply pay less a month for thecar you want, compared to Hire Purchase, our alternative product offering vehicle ownership at the end of the agreement (although the total amount payable for ownership may be higher).

How it works
Simply choose a BMW you like and we’ll arrange a finance plan that suits you, taking into considerationthe contract length (typically between 24 and 48 months), an estimation of your annual mileage and your depositcontribution. Whether you have a monthly payment or particular deposit in mind, we can tailor a repaymentplan to suit your budget and lifestyle.

The importance of the Guaranteed Future Value MFV is that it lets you keep your options open at the end of your agreement.Your decision will be based on the future value of the car, which is why it’s important to accurately estimate yourmileage. Depending on what the actual market value is when you come to change your car next time, you havethe flexibility to select from one of the following options:


  • Pay the optional final payment and own your BMW*
  • Part-exchange your BMW and choose another vehicle**
  • Hand the car back***

In both the first two options, if the value of your car is more than what we predicted for you in the Guaranteed Future Value MFV, you get the benefit.

If the Guaranteed Future Value MFV does not meet the market value, you are protected by the guarantee in the third option, do nothave to pay the final payment, and can hand the car back to us. However, your decision will need to factor inany additional charges relating to excess mileage and the condition of your car, which will influence the final market value.

Terms and conditions

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