My Bmw Lease Agreement

Yes, you can terminate your BMW lease. However, this can come with a hefty lease termination fee and you must also pay the expected balance of the amortization of value for the initial term of your lease. Fortunately, BMW is one of the most courteous manufacturers with whom one can work in the event of early termination of the lease, as they allow lease transfers. BMW Financial Services reminds you of the important steps in our leasing maturity process. Whether you want to enjoy the Ultimate Driving Experience® your current BMW or dream of exploring the open street in something else, we`re here to guide you through every turn. Cheque Payments – Please make all cheques payable to BMW Financial Services and send us to the following address with your contract number on the back of the cheque: To change your payment date, you can either log into your contract via MyBMW Finance or contact us through Customer Service. Place The Ultimate Driving Experience® in a new vehicle from our latest BMW model program in the next step. Eligible customers† who lease or finance a new BMW through BMW Financial Services Canada, are entitled to a loyalty discount of up to 0.75% or a loyalty credit. Book a test drive or contact your bmw Retailer on site to help you explore your options.

Please note that all data is pretty much clean and is not pre-booked events at your BMW licensed dealership. Please contact the Customer Interaction Center via the Secure Message Centre in my BMW account or call the BMW 1-800-3000 for more information. During the contract, your same monthly payments are usually much lower than leasing, so you can buy more BMW for a lower monthly fee. The duration of the contract is flexible, as is the final amount you can pay at any time without penalty. As with a rental agreement, you can keep your BMW at the end of the contract by paying or refinancing the balance if you haven`t alwise. You have three options when your BMW lease expires. You can choose a new BMW to buy or rent. You can turn in the BMW you drive. Or you can rediscover the BMW you drive.

This technically prolongs your publication, but BMW calls it a re-rental and not an extension. At the end of your lease, you have the flexibility to use your refunded security deposits on a new BMW or apply it to the residual value of your vehicle to purchase it directly.

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