Dick Lovett BMW are delighted to bring you an exclusive Contract Hire offer on the new BMW 4 Series Coupé.
Contract Hire or leasing, is easy to understand: it's a long-term car rental agreement that offers simplicity and low monthly payments for brand new cars. You pay an initial rental and then fixed monthly instalments throughout the lease. At the end, you return the car with nothing more to pay and there's no option to buy the car at the end. It's also easy to switch from one car to another every few years.
Contract Hire advantages:
✔ Simple structure: one fixed payment a month
✔ Low monthly payments
✔ You're not responsible for the car's future value
✔ Maintenance fees can be included in the agreement
There are two types of Contract Hire: Business Contract Hire (BCH) and Personal Contract Hire (PCH).
BCH is for individuals who will be leasing their vehicle via a business. Many businesses do not realise that if you lease a vehicle exclusively for commercial use, you are able to claim back 100% of the VAT. Even if the car is used as a private vehicle, you are still able to reclaim at least 50% of the VAT.
PCH is for private individuals who will lease the vehicle in their own name and VAT will be paid at the prevailing rate on the monthly payments and the initial rental.
BMW 4 Series Coupé lease offer
Business Offer* | Personal Offer^ | |
Model | 420i M Sport Coupé | 420i M Sport Coupé |
47 monthly rentals of | £299.00 exc. VAT | £358.80 inc. VAT |
Term of agreement | 48 months | 48 months |
Initial rental | £1,793.94 exc. VAT | £2,152.79 inc. VAT |
Annual mileage | 8,000 | 8,000 |
Excess mileage | 5.51p per mile | 5.51p per mile |
Terms and Conditions
Dick Lovett BMW is a credit broker.
*Business users only. Plus £1,793.94 initial rental. Price shown excludes VAT at 20% and is for a 48 month Business Contract Hire agreement for a BMW 420i M Sport Coupé, with a contract mileage of 32,000 miles and excess mileage charge of 5.51p per mile. Applies to new vehicles ordered between 01/07/2019 and 30/09/2019 and registered by 31/12/2019 (subject to availability). At the end of your agreement you must return the vehicle. Excess mileage, vehicle condition and other charges may be payable. Available subject to status to UK residents aged 18 or over. Guarantees and indemnities may be required. The amount of VAT you can reclaim depends on your business VAT status. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. Hire provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
^Initial rental £2,152.79. Price shown is for a 48-month Personal Contract Hire agreement for a new BMW 420i M Sport Coupé, with a contract mileage of 32,000 miles and excess mileage charge of 5.51p per mile. Applies to new vehicles ordered between 01/07/2019 and 30/09/2019, registered by 31/12/2019 (subject to availability) at Dick Lovett BMW and provided that we can source the vehicle on the basis of the current on the road cash price. Retail customers only. At the end of your agreement you must return the vehicle. Excess mileage, vehicle condition and other charges may be payable. Hire available subject to status to UK residents aged 18 or over. Guarantees and indemnities may be required. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. This quotation is not a binding offer to enter into a finance agreement. Hire provided by BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire, GU14 0FB.
Dick Lovett BMW commonly introduce customers to a selected panel of lenders including BMW Financial Services. We may receive a commission or other benefits for introducing you to such lenders. This introduction does not amount to independent financial advice. Dick Lovett (Bristol) Ltd is directly authorised and regulated by the Financial Conduct Authority for the brokering of Consumer Credit under Firm Reference Number 677067. Dick Lovett (Specialist Cars) Ltd is directly authorised and regulated by the Financial Conduct Authority for the brokering of Consumer Credit under Firm Reference Number 673789. Dick Lovett (Hungerford) Ltd is directly authorised and regulated by the Financial Conduct Authority for the brokering of Consumer Credit under Firm Reference Number 665120. Dick Lovett (Bath) Ltd is directly authorised and regulated by the Financial Conduct Authority for the brokering of Consumer Credit under Firm Reference Number 690052.
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