BMW i8 - 14/11/2023 | New & Used Car Finance Deals
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BMW i8 2019

REPRESENTATIVE EXAMPLE
On The Road cash price
£57,428.00
Cash deposit
£22,428.00
Total amount of credit
£35,000.00
Term of agreement
49 months
Monthly payment
£551.95
Arrangement fee
£200.00
Option to purchase fee
£100.00
Interest charges
£13,205.60
Total charge for credit
£13,505.60
Fixed rate of interest
9.24%
Representative APR
11.97%
Balloon Payment
£21,712.00
BMW i8 2019

PURCHASE PRICE:

DATE OF PURCHASE:

TYPE OF FINANCE:

Occupation:

Location:

£57,428.00

10/11/2023

Lease Purchase

Company Director

London

This company director was looking to upgrade his car. Already having a BMW i8, he knew he didn’t want to change make or model but just upgrade to a newer one.

Having financed his current car via his limited company, he wanted to do the same this this time. We can consider finance application in business or personal names. However, we always recommend speaking to your accountant or financial advisor to confirm the most suitable route. We approached the incumbent lender as they already knew the client and they quickly approved BMW finance, subject to settlement of the existing finance agreement.

The client wanted to part-exchange his old BMW i8, and this acted as his deposit for his new i8. By putting a final balloon payment on the agreement we were able to keep the monthly repayment within the client’s budget. Worth noting that the final balloon payment is not a guaranteed future value and is the client’s risk & responsibility.

If you are looking for BMW finance today, please contact us.

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