Our latest deals include low customer deposits, fixed monthly payments and low representative APR. In addition, we also give great dealer deposit contributions too as well as value servicing plans and aftercare services.
Once you’ve found that perfect BMW finance offer, get in touch with us and we can arrange a test drive. From the compact 1 Series and the luxurious 8 Series to the full X Series range, explore our latest BMW finance deals now.
frequently asked questions
Buying on Finance with Dick Lovett
With competitive finance rates and flexible payment terms, you could find your ideal car at a price that is right for you! If your question isn’t answered here, ask one of our Sales experts.
Personal Contract Hire is car leasing for an individual rather than a business. It’s a form of finance but instead of buying a car you rent it from a finance company for an agreed period of time. You can choose how long you want to lease the car for within the terms offered, but it’s usually either 24, 36 or 48 months. You make an initial payment, decide how much mileage you expect to do and whether you want to include servicing and maintenance in your monthly cost.
The amount you pay each month will depend on the size of your deposit, which is usually the equivalent of three monthly payments, how much mileage you expect to do and how long you want to lease it for. Because you’re leasing, the car, you don’t own it and you’ll also have to fulfil obligations during the rental period, such as maintenance and damage repairs should they be needed. At Dick Lovett we have a team of Personal Contract Hire specialists on hand to help guide you through the process.
Who is eligible for business car leasing?
If you’re in business or self-employed, your business is trading and is in profit, the chances are you will qualify for a car lease deal. Contract hire is open to:
VAT registered businesses
You will need to provide proof of your identity and your address, bank statements and/or audited accounts and have a good credit rating.
Is my mileage limited under a Personal Contract Hire or Business Car Leasing deal and, if it is, what happens if I exceed it?
Yes, both Personal Contract Hire and Business Car Leasing deals include restrictions on the amount of mileage you can do each year as this also affects the rate of your monthly car leasing payments.
If you exceed your expected mileage you will incur additional charges as set out in your contract hire agreement.
Can I get a finance deal on a pre-registered BMW?
You get exactly the same finance deal on a pre-registered BMW as you would with a conventional new car purchase from Dick Lovett BMW and the warranty is just the same as well.
In fact, there really is nothing to lose by having a look at our current stock. You save money and get to enjoy your new car much faster than having to order a new vehicle from scratch.