BMWConsumer Loan - Select New BMW Electric Models
BMW Consumer Loan is designed for customers purchasing a BMW primarily for personal use. With a fixed interest rate and no account-keeping fees, it offers a simple and predictable way to finance your vehicle. BMW Financial Services Australian Credit Licence 392387.
At a glance
- Pricing
- Rates on application
- Fixed
- 9.04%, 11.09% comparison
- Upfront fee
- $590
- Monthly fee
- $0
Rates
Every rate BMW publishes for this personal loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedOption to pay weekly, fortnightly or monthly. Minimum rate for the Consumer loans. Lending criteria and conditions apply. | P&I | 5 yrs fixed | - | 9.04% | 11.09% | - |
| FixedOption to pay weekly, fortnightly or monthly. Maximum rate for the consumer loan. Lending criteria and conditions apply. | P&I | 5 yrs fixed | - | 9.34% | 11.39% | - |
Fees
8 fees published, grouped by when they're charged.
- When you take it outUp to $9352 fees, each listed below
- While you hold itNo feeAccount Keeping Fees
- When you close it or pay it off2.75% of balanceEarly Termination Fees
When you take it out2
- Dealer Origination Fees$935
- Establishment Fees$590
While you hold it1
- Account Keeping Fees
No Account keeping fees
No fee
If a payment is late or fails2
- Cheque Dishonour Fees$15
- Direct Debit Dishonour Fees$5
When particular things happen2
- PPSR FeesNo fee
- Verification Statement FeesNo fee
When you close it or pay it off1
- Early Termination Fees2.75% of balance
Features
Extra repaymentsDigital banking
- Our consumer loan offers a fixed interest rate and no account keeping fees. You own your vehicle with predictable costs and long-term benefits
- Tailor your finance with a balloon or Guaranteed Future Value. Conditions Apply
Eligibility and limits
- Minimum age 18
- Residency: Applicants must have the legal right to work in Australia. If working rights cannot be established, finance cannot be provided
- Available to individuals
- Maximum LVR 1.25%
- Minimum balance $25,000
- New customers must not be an undischarged or discharged bankrupt. Existing customers must not be an undischarged bankrupt
- Credit Assessment: Eligibility is subject to credit approval based on the applicant’s financial and employment information. Lending criteria, fees, charges and conditions apply
- The vehicle must be used wholly or predominantly for personal, domestic or household purposes
- Offer Available on new and demonstrators across i4/i5/i7 and iX models. Subject to vehicle stock availability and only at participating authorised dealers
- Customers must take out comprehensive insurance coverage over the Vehicle for the loan term and specify the BMW Financial Services as the interested party
- Contract Term should be between 24 and 60 months.
- Customer must grant a first ranking security interest over the Vehicle
- Conditions apply to Guaranteed Future Value product
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Published by BMW Financial Services under the Consumer Data Right, last changed by them on 1 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.