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Similar to a lease, you finance much less than the entire price of the machine because you are only going to "use up" a certain amount of its' value during the term of the financing. At the end, the residual value is still owing of course: you can trade the bike in and pay off the residual, keep it and refinance or keep it and pay off in cash. The residual value is set by BMW to a fairly low value; most well-cared for bikes will probably be worth more so you may get a nice bonus when you go to trade it for your next bike. You can also set the residual value lower than BMW's recommendation (a residual value of zero is a regular loan).
New summer special rates apply until 31 August. Hurry!
Finance your new BMW motorcycle at below-prime interest rates and pocket the savings!
All new 2008 BMW motorcycles qualify for a special rate of 3.95%. Any available 2007 or 2006 models will get
the rock-bottom rate of 1.95%. In all cases a
down payment is OPTIONAL. Here is an example of our financing and low Canadian retail
pricing:
2008 650GS $9490.00 Freight/PDI (F&G models only) 500.00 GST 499.50 PST 799.20 Optional Down Payment 500.00 TOTAL FINANCED $10788.70With a straight loan for three years at the same rate of 3.95%, (also available under OwnersChoice) your monthly payments would be $318.29.
Under the OwnersChoice program you pay only $193.92. The residual amount at the end of three years is $4745.00. The bike should be worth at least that much if you take good care of it, and remember you would have laid out an additional $4477.32 in loan payments over the three years if you had gone that route.
With optional downpayments, flexible residuals, and terms from 24 to 60 months this program can be tailored within a wide range to fit your needs.
Prefer to pay cash? Now we can offer you cash back right off the top for many models. 2008 models qualify for up to $1500 plus tax! savings to cash buyers: please contact us for yours.
Also, OwnersChoice financing is available for PREVIOUSLY-OWNED BMW motorcycles up to 6 model years old at normal market rates.
Please feel free to contact us for more details. As always, we would be happy to work with you to get you riding the new BMW of your choice.
Flexi-Lease:
Now you can lease your new BMW motorcycle. Many people find it advantageous
to lease their automobiles, and have been asking for the same possibility for a new motorcycle.
Well, it’s here!
Leasing offers a number of advantages:
A unique feature of the BMW lease is that it includes "gap protection": if the bike is stolen or declared a total loss
in an accident (or storm, or fire, etc.) this coverage absorbs any difference between the amount the insurance company
pays and the amount left owing on the lease.
You can customize your new bike under a Flexi-Lease; dealer-installed accessories up to 25% of the list price of
the bike can also be leased.
As with the OwnersChoice financing program, a Flexi-Lease can be customized to your needs (Flexi = "flexible". Wink.)
24, 36, or 48 month terms are available and a down payment or trade-in is optional so the possibilities are almost
endless. Let us show you some of the choices: stop in for a coffee and some tire-kicking or give us a call or e-mail.
NOTE: The BMW Canada website has a great payment calculator for you to use to figure
your own possibilities. Rates and details are subject to change without notice. This page is presented
for information purposes only; please see us for full details.
At the end of the lease, you can lease another motorcycle, or purchase your current bike if you want.
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