BMW Financial Services India launches new ‘BMW Lease’ facility

BMW Financial Services India launches new 'BMW Lease' facility

German luxury car maker BMW’s financial arm, BMW Financial Services India announced the launch of BMW Lease, the new car leasing programme for individuals and corporate customers. BMW Lease entitles a customer to the Joy of driving a BMW of choice for a fixed period of time in return for a pre-decided lease rental.

Customers are free to choose between a finance lease and operating lease agreement. In the former, all substantial risks and rewards incidental to the ownership of the vehicle is transferred to the customer while in the latter; BMW bears the risk of ownership of the vehicle. While in the finance lease, the customer has an advantage of buying the vehicle at a lower cost than the market price, the operating lease customer can buy the vehicle at the market price or upgrade to a new BMW.


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