With BMW Select, you can enjoy driving your BMW today while keeping your future options open.
Make your BMW the perfect addition to your life.
Enjoy the following advantages with your BMW Select:
- Transparent, structured financing with a pre-agreed future value
- Premium BMW ownership experience
- Flexibility to change vehicle every 3 years.
- Prepaid fuel or charging card is offered in BMW Select campaign by BMW Cyprus.
- Protection through the Guaranteed Future Value if the vehicle's market value falls below that amount (subject to meeting the buy-back agreement conditions).
Terms & Conditions:
- BMW Select is valid for new car sale only
- BMW Select is valid for private customers
- With BMW Select the customer will be entitled for a prepaid fuel or charging card as part of BMW Select campaign offered by BMW Cyprus.
- The offer is available under the BMW Select plan for hire-purchase facilities with 36 monthly instalments including a final instalment and minimum financing amount of €2,500.
- The customer can have the following options after 3 years period:
(i) Return your BMW and subject to the buy-back agreement enter between you and BMW Cyprus, BMW Cyprus may settle the final hire-purchase instalment (40% of the initial car value) on your behalf. You may then apply for financing of another BMW under a new hire-purchase agreement, subject to the bank’s approval.
(ii) Keep your BMW and either pay the final hire-purchase instalment in cash or apply to extend the repayment period by up to 48 additional months, or up to 60 months for a Green vehicle, subject to the bank’s approval and an amendment agreement.
(iii) Return your BMW and subject to the buy-back agreement enter between you and BMW Cyprus, BMW Cyprus may settle the final hire-purchase instalment on your behalf.
- The options outlined above apply if you have paid 35 consecutive monthly instalment on time and no later than 36 months from the date of disbursement.
- The customer remains responsible for the timely payment of all monthly instalments and the final hire-purchase instalment under the BMW Select hire-purchase agreement.
- BMW Select product is offered in cooperation with BMW Financial Services and BMW Cyprus, while financing remains subject to the bank’s approval and credit assessment.
- Final terms and conditions may vary based on the bank’s credit policy and individual assessment.
- The official BMW Financial Services partner in Cyprus is Bank of Cyprus.