BMW M5 Saloon - 29/07/2020 | BMW Used Car Finance
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BMW M5 Saloon 2007

REPRESENTATIVE EXAMPLE
On The Road cash price
£17,995.00
Cash deposit
£3,000.00
Total amount of credit
£14,995.00
Term of agreement
60 months
Monthly payment
£311.76
Arrangement fee
£199.00
Option to purchase fee
£125.00
Interest charges
£3,710.60
Total charge for credit
£4,034.60
Fixed rate of interest
9.07%
Representative APR
10.3%
Balloon Payment
£0.00
BMW M5 Saloon 2007

PURCHASE PRICE:

DATE OF PURCHASE:

TYPE OF FINANCE:

Occupation:

Location:

£17,995.00

29/07/2020

Conditional Sale Agreement

Insurance Underwriter

East Sussex

We are always proud of the exceptional level of customer service Fast Car Finance provides for our customers and this was demonstrated by one of our most loyal customers, who recently arranged BMW car finance for his thirteenth car through us.

As an underwriter for a van insurance company, our client has an incredible passion for cars and wanted to enjoy the high performance of BMW’s 5 series by purchasing a BMW M5 Saloon. The car he chose had a V10 petrol engine and 7 speed transmission which is rare for a Sedan, so we can see why this particular model appealed to his desire for speed and comfort.

However, the car is a 2007 model and at 13 years old, many traditional lenders would not be comfortable to lend our client the £15,000 required to purchase this incredible car. Thanks to the specialist panel of lenders that Fast Car Finance has access to as an independent car finance broker, we were able to arrange the BMW finance over a five year period and our client’s monthly payments were a little over £300 per month.

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