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.
Yes, BMW Financial Services may charge a loan origination fee.
Yes, BMW Financial Services charges borrowers with a late payment penatly fee
Yes, BMW Financial Services does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment 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 may need to provide the following documentation:
BMW Financial Services will typically fund the loan within 7 business days of approval.