BMW X1 Finance

WHY A BMW X1

With a plug-in hybrid version, the BMW X1 has plenty to boast about. On the lane, it's quiet and smooth, with excellent build quality, plus there is plenty of room on the inside. On the safety features, the BMW’s Active Guard has a forward vehicle collision warning system and a speed limiter.

 
FINANCE YOUR BMW X1

BMW is a prestigious brand, and the price tag on the X1 reflects it. However, with the financing options at Forza Finance, your vehicle isn’t out of reach.

Personal Contract Purchase (PCP)

This financing option doesn’t require you to purchase your vehicle from the get-go. Instead, you will use it for an agreed period (typically from 1 to 4 years), and at the end of that time, you can decide whether you wish to keep your car by paying a final ‘balloon’ fee, refinance your vehicle by paying an agreed minimum residual value, part-exchange it, or return it.

Lease Purchase (LP)

Known as Balloon HP, the Lease Purchase agreement requires an initial deposit of between 5 to 40% of the vehicle price. This type of financing offers lower monthly payments than standard Hire Purchase which are repaid over an agreed period, usually between 1 to 4 years, plus final balloon payment. At the end of the agreement you may purchase your vehicle in full through a final lump sum payment (the balloon), re-finance, part-exchange or resell your vehicle.

Hire Purchase (HP)

In simple terms, you would be hiring your car for some time. For starters, you would put down a deposit towards the vehicle (usually around 10%), with subsequent monthly payments. After all, these are complete, one final fee, known as an ‘option to purchase’ is paid so you own your car entirely.

WORK OUT HOW MUCH YOU CAN AFFORD

When looking for finance options, find out how much you can afford and how much your monthly payments would be through our online finance calculator . Have further enquiries? contact our dedicated expert team or fill out our contact form.