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Representative example: BMW F 900 R - Personal Contract Purchase (PCP) |
47 monthly payments | Customer deposit | Deposit Contribution | Total Deposit | Term of agreement | Cash Price OTR | Total amount of credit | Optional final payment | Total amount payable | Rate of interest (fixed) | APR Representative | Annual mileage | Excess mileage charge |
£107 | £1,500 | £500 | £2,000 | 48 Months | £8,995 | £6,995 | £4,069 | £11,119 | 9.9% | 9.9% | 4,000 | 4.64p per mile |
Personal Contract Purchase: If you
select a Personal Contract Purchase agreement you have the option at the
end of the agreement to: (1) return the vehicle and not pay the Final
Payment. (2) pay the Final Payment to own the vehicle or (3) part
exchange the vehicle. You will not own the vehicle until all payments
have been made.
Terms and conditions: Optional final payment and option to purchase fee not payable if you opt to return the motorcycle at the end of the agreement (motorcycle condition, excess mileage and other charges may be payable). Finance available subject to credit acceptance 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 Offer may be varied, withdrawn or extended at any time. ‘BMW Select’ is a form of hire-purchase agreement provided by BMW Motorrad Financial Services, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB. You will have a 14 day statutory right to withdraw from the agreement. Douglas Park Limited is an Appointed Representative of Park’s of Hamilton (Holdings) Limited, FRN 308476 of 14 Bothwell Road, Hamilton, ML3 0AY, which is authorised and regulated by the Financial Conduct Authority. Park’s of Hamilton (Holdings) Limited permitted business is Insurance Mediation and to act as a Credit Broker. We act as a credit broker and can introduce our customers to a panel of lenders. Those lenders may pay us a commission for the introduction of business. Additional remuneration and or financial support may be disbursed by lenders should we attain operational metrics. Retail customers only.
We, Park’s of Hamilton (Holdings) Limited, act as a credit broker and can introduce our customers to a panel of lenders. Those lenders normally pay us a commission for the introduction of business. Any commission received from lenders, will not affect the amounts paid by you under your finance/hire agreement. We may also receive future remuneration or financial support from lenders based upon our sales.
Those lenders can offer the following financial products, Hire Purchase, Personal Contract Purchase, Personal Contract Hire and Personal Loans for retail consumers as well as a range of business funding solutions for corporate customers.