BMW Group Malaysia today introduced the Full Circle Programme by BMW Credit Malaysia, a new and exclusive financing offering for its existing BMW Corporate Programme customers. The new financing program offers greater flexibility with a wide range of settlement options and ensures future-value peace of mind assurance for purchases of the BMW X1 sDrive20i and the All-New BMW 530i M sport by its existing corporate customers.
This is similar to the financing programme recently launched by MINI Malaysia (MINI is a BMW Group brand). There are some differences of course, as this one is for Corporate Programme customers (for the moment). So employees from companies recognised by BMW Credit Malaysia, including company directors, spouses of the directors, and employees of the company can benefit from this programme which allows a person total peace of mind in terms of running the car for a specific period of time.
The New Full Circle programme allows you to drive home a BMW with some flexibility. You pay an agreed down payment (not stated but there usually is a nominal sum), pay the agreed monthly instalment amount, cap your yearly mileage as per agreement, run the car for a duration, then at the end of the term you hand over the keys back to BMW, or opt for an extension, or trade in the BMW for a new one or make a full settlement on the balance of the car and make it yours. Of course, the choice is yours.
PRESS RELEASE
April 6, 2017BMW Group Malaysia Introduces New Full Circle Programme for the BMW X1
sDrive20i and the All-New BMW 530i M Sport Exclusively for its Corporate
Programme Partners.
New financing programme courtesy of BMW Credit Malaysia offers greater flexibility and
assurance with a wide range of settlement options, ensuring future-value peace of mind
ownership exclusively for existing BMW Corporate Programme customers.
Cyberjaya, 6 April 2017 - BMW Group Malaysia today introduced the Full Circle
Programme by BMW Credit Malaysia, a new and exclusive financing offering for its
existing BMW Corporate Programme customers. The new financing program offers
greater flexibility with a wide range of settlement options and ensures future-value peace
of mind assurance for purchases of the BMW X1 sDrive20i and the All-New BMW 530i M
sport by its existing corporate customers.
Introducing the new programme, Mr. Han Sang Yun, Managing Director and CEO of
BMW Group Malaysia said, “Being innovative and customer oriented is at the heart of the
BMW premium ownership promise. This perspective enables us to better serve our
customers with dynamic products and industry leading services which drives the premium
automotive segment. With the BMW Full Circle Programme, we are now able to
revolutionise our financing programmes for an even greater ownership experience for our
current and future BMW corporate customer.”
Echoing Mr. Han’s sentiments, Mr. Tobias Eismann, Managing Director and CEO of BMW
Credit Malaysia said, “The New BMW Full Circle programme offers BMW and MINI
customers in Malaysia a more modern and progressive financing program which is
flexible in terms of payment and ownership cycle to give our customers better peace of
mind and ownership experience. With this program, we are also able to share with our
customers the convenience and easy access to BMW mobility which is very dynamic,
customer and future oriented.”
Designed to enhance flexibility and assurance for BMW Corporate Programme
customers, the new customised financing programme offers a wide range of settlement
options around the intended owner’s budget and experience, accompanied with flexible
plans that provide affordable monthly installments and shorter loan tenures. The plan
also promises a future-oriented peace of mind ownership experience, with a hassle free
hand-back process and by locking the future value of the BMW vehicle purchased with
the programme.
The New BMW Full Circle Programme is opened to all BMW Corporate Programme
customers including their company directors, spouses of the directors, and employees of
the company. After selecting their desired BMW vehicle, new BMW owners can decide
on their margin of financing ranging from 70 per cent to 90 per cent on the recommended
retail price of the car, and nominate an annual mileage term – between 20,000 km per
annum or 25,000km per annum – according to their individual lifestyle and usage.
At the end of the term, they are then presented with a range of different settlement routes
– either simply by returning their keys without further obligations on the terms and
conditions of the signed Option Agreement; trade in or sell the vehicle to any BMW
Authorised Dealership and select a new BMW vehicle; making a full settlement and
keeping their BMW; or extending the contract term to enjoy their BMW vehicle longer.
The new BMW Full Circle Programme courtesy of BMW Credit starts from RM 2,258 a
month for the BMW X1 sDrive20i, and from RM 3,588 a month for the BMW 530i M Sport.
More details on the BMW Full Circle Programme can be obtained from speaking to a
BMW Credit Relationship Manager at any preferred BMW Authorized Dealership, or at
1800-88- 3000, as well as at http://www.bmw.com.my/fs.
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