What is BMW Select Financing?

The BMW Select Financing program is a balloon financing option for drivers near Harrison and New Rochelle. When you choose this option, you’re essentially opting to pay less each month, and planning to pay a larger lump sum at the end of your loan term. Get the details on this option with our team.

Benefits of BMW Select Program

What is BMW Select financing able to do for you? Explore some of the benefits of the program, here:

• Under a normal financing plan, you’ll start by making a large down payment, and then you’ll make payments of identical size until the loan has been repaid in full.
• BMW Select Financing allows you to shift the burden until later in your repayment schedule. This means your monthly financing payments will be similar in size to BMW leasing payments.
• One of the main benefits of the BMW Select program is that it gives you options! At the end of your repayment schedule, you can choose to refinance that lump sum or pay it off in full.
• The size of that final payment will vary based on several factors, including your creditworthiness, the vehicle’s estimated future market value, and the specific terms of your contract.

BMW Select Financing is available in New York, and in most of the surrounding area. However, it is not available in IL, NC, ND, NH, NV, PA, TX or WV.

What is BMW OwnersChoice Balloon Financing?

Although some drivers simply won’t be able to access balloon financing, those in Illinois, Texas, and Georgia actually do have an option of their own. BMW OwnersChoice Balloon Financing is essentially identical to BMW Select Financing, although precise terms and conditions will of course vary.

As with the program above, the amount of your final payment will be determined by the contract terms, your credit, and the estimated residual value of the vehicle.

Explore Your Financing Options at BMW of Mamaroneck

Although we’d be happy to set you up with a BMW Select Financing plan, Mamaroneck-area drivers should know that it’s certainly not the only option! Explore our exciting BMW lease and financing offers today, learn more about why you should buy a BMW, how to refinance your current auto loan, if you should buy or lease, about the BMW Loyalty Program, browse our BMW M3 lease deals, and start browsing our virtual showroom without ever leaving home!