BMW i3 Finance

Why A BMW i3?

A standout in the EV market, BMW has managed to continuously improve the i3 by providing a longer range and more powerful battery. Keeping comfort and prestige top of mind, this BMW offers heated front seats and Connected Drive online services, among other features.

 
Finance your BMW i3

As a pure electric, the i3 is known for its low running costs while providing speed. There are plenty of funding alternatives available at Forza Finance if this sounds like the perfect vehicle for you.

Lease Purchase (LP)

A lease purchase agreement, also known as a balloon hire purchase agreement, is a loan agreement with reduced monthly instalments. If you want to keep the vehicle, you'll have to pay it off in one lump amount by the end of the lease. This percentage is fixed at the start of the transaction, and if you plan not to keep your vehicle, you'll be given some choices, including part-exchange and resale.

Hire Purchase (HP)

For this type of financing, you'll typically be asked to put down a 10% deposit on the vehicle, followed by monthly payments. When you've been charged all of these, there's one more fee known as a 'choice to buy,' which means you'll own the vehicle outright.

Personal Contract Purchase (PCP)

This lending choice would not necessitate that you buy your car right away. Instead, you'll drive it for a set amount of time (usually 1 to 4 years), at the end of which you'll be able to choose whether to retain it by paying a final "balloon" charge, refinance it by paying a negotiated minimum residual value, part-exchange it, or return it.

WORK OUT HOW MUCH YOU CAN AFFORD

Looking for funding options for your BMW i3 doesn't have to be stressful. Make use of Forza Finance’s online car finance calculator: it will help calculate how much you can afford to borrow, how much you can afford to spend per month and the best form of financing for you. If you have any questions or concerns, contact our team, or fill out the online contact form and we'll contact you at a time that is convenient for you.