BMW Financial Services is based in Woodcliff Lake, NJ. It was founded in 1975 and offers auto loans in 50 states across the USA.
BMW Financial Services offers auto loans with APRs starting at 0.9% .Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccuate information in your credit history with these credit monitoring tools.
BMW Financial Services offers auto loans with terms of up to 72 months. Lenders that offer longer terms can offer larger loan amounts and lower monthly payments. However, remember that the longer the term of your loan, the more interest you will pay.
Yes, BMW Financial Services charges a loan origination fee .
Yes, BMW Financial Services charges borrowers with a late payment penatly fee.
Yes, BMW Financial Services does charge borrowers a penalty fee if they pay their loans early. Consider prepayment penalty fees when you choose a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.
BMW Financial Services requires borrowers to have a credit score of at least 650 to apply.
To qualify, applicants must provide the following documentation:
BMW Financial Services will typically fund auto loans within 1 and 7 days of approval