Terms and conditions: Finance quote is for a BMW Select agreement for the X2 sDrive20i M Sport shown with a contract mileage of 40,000 miles and excess mileage charge of 13.2p per mile. Applies to a vehicle ordered between 02/07/2024 and 30/09/2024 (subject to availability) and registered by 31/12/2024. Optional final payment not payable if you opt to return the vehicle at the end of the agreement (vehicle condition, excess mileage and other charges may be payable). Quote is valid for 30 days or until the end of the campaign period whichever comes first and may be amended or withdrawn by us at any time. On the road price of the vehicle excludes any third-party services or goods purchased directly from a third-party supplier and will not be included in any finance quote from BMW Financial Services. If, in providing this quotation, we have made any assumptions which are incorrect, please let us know and we will prepare a further quotation. This is not an offer by us capable of acceptance by you and a proposal by you based on this quotation will be subject to acceptance by BMW Financial Services. All finance is subject to applicant status and is available to UK residents 18 or over. Your Retailer commonly introduces customers to a selected panel of lenders, which includes BMW Financial Services and will receive a fixed commission for introducing you to BMW Financial Services calculated by reference to the vehicle or as a percentage of the amount you borrow. They do not have any discretion to vary the interest rate or APR you pay under your finance agreement. The introduction does not amount to independent financial advice.
With a PCP plan, your regular monthly payments are low because a significant proportion of the Total Amount Payable is repayable at the end of the agreement by one large repayment.
^Manufacturer contribution can consist of a contribution towards the cash price and a contribution towards the deposit.
At the end of the agreement there are three options: i) pay the optional final payment and own the vehicle; ii) return the vehicle: subject to excess mileage and fair wear and tear, charges may apply; or iii) replace: part exchange the vehicle.
Listers Group and its Appointed Representatives are Credit Brokers and not Credit Lenders. We are not independent as we have contractual relationships with a limited number of lenders. Our approach is to introduce you, in the first instance, to the relevant dealership manufacturer supporting finance company. If they are not able to make you a finance offer, where we are permitted to do so, we will submit a proposal to one of our independent finance providers. We do choose from a panel of lenders but do not conduct a market appraisal. Please contact us for a list of our finance providers.
In the event that none of our lenders are unable to provide credit, we will refer you to a broker to attempt to source credit for you. Note, however, the available terms from this broker may well be inferior to the two lenders we initially introduced to you.
We do not act on behalf of either the lender or the customer when making our introduction. We offer a non-advised service. We cannot advise or provide any recommendation. We will provide you with sufficient information on the lender’s financial products, but it is for you to decide whether the finance product you choose is right for you. The decision as to whether to enter into any credit agreement on the terms offered is yours.
Consumer Credit - We do not charge you a fee for any of the financial services we provide. We will receive a commission from the lenders we work with (either a fixed fee or a fixed percentage of the amount you borrow). The lenders we work with could pay commission at different rates. Some lenders may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing.
Commission arrangements with our lenders have been negotiated and agreed in advance and set by the Lender. We do not have any discretion to negotiate or adjust your interest rate, APR or any other item included in the total charge for credit. The interest rate and/or APR offered to you may vary according to the age of the vehicle you purchase and/or the amount you borrow.
Consumer Hire - All lenders set their own policies regarding commission arrangements and typically the amount will be capped at a percentage of the tax list price of the vehicle or maybe pre-set but can vary and may impact the amount you pay. The higher the amount of commission, the more you will pay to hire your vehicle.
If you are an individual, sole trader or small partnership and we are arranging a credit agreement or a consumer hire agreement for you which is regulated under the Consumer Credit Act 1974, you have a right to ask us to disclose the income or likely amount that we will receive for arranging finance for you in good time before entering into the agreement. If you would like us to disclose any potential commission prior to you entering into the agreement, please make your request to commissiondisclosurerequests@listers.co.uk. We do not charge you a fee for any of the financial services we provide.