What is BMW Select Financing?

BMW Select Financing is a type of balloon financing agreement that can help you secure a lower monthly payment. Any remaining costs will accumulate into a lump sum, which you’ll be responsible for at the moment when your installment plan comes to a close. BMW Select Financing isn’t for everyone. Still, it may be right for you! Get the facts with our very own BMW financing experts.

Benefits of the BMW Select Program

What is BMW Select Financing exactly, and how does one qualify for the BMW Select Program? Here’s what you should know before you apply:

• In most financing plans, the full cost of the vehicle is divided evenly across all monthly payments, once your down payment and trade-in value have been factored in.
• Balloon financing shifts part of the total cost to the end of the payment term. This means that each monthly payment is smaller. Just remember to save up for that balloon payment at the end of your term!
• If you can’t afford to pay the lump sum all at once, you can refinance and pay it off over the next few months.
• The total size of the balloon payment is determined by a number of factors, including creditworthiness, future market value, and the specificities of your contract.

BMW Select Financing is available to drivers in Ontario and Corona–and all drivers in California–but it isn’t available for those in IL, NC, ND, NH, NV, PA, TX, or WV.

What is BMW OwnersChoice Balloon Financing?

Drivers who live in Illinois, Texas, or Georgia have access to the BMW OwnersChoice program. This balloon financing option is very similar to the BMW Select Program, but not all terms will be identical. Reach out to our financing team for details and differences.

Make Your Payments Work for You

Here at BMW of Ontario, we offer a wide range of tools to help ensure that our drivers always head home with a feeling of genuine satisfaction. If you’re near Chino Hills or Upland, you can start planning your purchase today:

• Value your trade-in vehicle
• Calculate your monthly payments
• Enjoy convenient online shopping
• Browse financing and leasing incentives

Explore Your Financing Options at BMW of Ontario

Whether you’re interested in BMW Select Financing or you’d like to explore other options, our financing center is here to help! Visit us in Ontario or get started from home today.