BMW OwnersChoice Financing

BMW Financial Services
OwnersChoice: Here's a great program from BMW Canada to make owning a great new BMW motorcycle easy for you. OwnersChoice is not a lease, it's a loan with the payment- lowering features of a lease. YOU own the bike, and at the end of the contract it's your choice what to do with it.

Similar to a lease, you finance much less than the entire price of the machine because you are only going to "use up" a certain amount of its' value during the term of the financing. At the end, the residual value is still owing of course: you can trade the bike in and pay off the residual, keep it and refinance or keep it and pay off in cash. The residual value is set by BMW to a fairly low value; most well-cared for bikes will probably be worth more so you may get a nice bonus when you go to trade it for your next bike. You can also set the residual value lower than BMW's recommendation (a residual value of zero is a regular loan).

Finance your new BMW motorcycle at low interest rates and pocket the savings! All new 2012 BMW motorcycles qualify for a rate of 5.95%. They are going quickly, but available unsold 2011 models get the even-lower rate of 3.95%. In all cases a down payment is OPTIONAL. Here is an example of OwnersChoice financing and low Canadian retail pricing:

2012 F800R                       $10150.00 
Freight & PDI			    500.00      
Ontario Tire Stewardship             11.68
HST				  1,386.02
Security registration fee	     45.73	
Optional down payment	          1,000.00
TOTAL FINANCED		        $11,093.43

With just $1000 down payment and a three-year term, under the OwnersChoice program you pay only $208.12 monthly. With the usual straight loan for three years at the same rate of 5.95%, (also available under OwnersChoice) your monthly payments would be $337.23. The OwnersChoice residual amount at the end of three years is $5,075.00. The bike should be worth at least that much if you take good care of it, and keep in mind that you would have laid out an additional $4647.96 in loan payments over the three years if you had gone with the loan.

With optional downpayments, flexible residuals, and terms from 24 to 60 months this program can be tailored within a wide range to fit your needs.

Also, OwnersChoice financing is available for PREVIOUSLY-OWNED BMW motorcycles up to 6 model years old at a very competitive rate of 60.80%.

3asy Ride: The 3asy Ride program is a new easy way to finance your BMW motorcycle. The highlights are:

33% down

3.3% APR

33 monthly payments

33% final payment

Back to the example of the 2011 F800R: You would ride away with a down payment of $3514.50, monthly payments of $129.51, and and make a final payment of $3349.50.

Please feel free to contact us for more details. As always, we would be happy to work with you to get you riding the new BMW of your choice. Stop in for a coffee and visit with us and the bikes or give us a call or e-mail.

NOTE: The BMW Canada website has a great payment calculator for you to use to figure your own possibilities. Rates and details are subject to change without notice. This page is presented for information purposes only; please see us for full details.

Back to Wolf BMW Home Page

05 January 2011