In certain circumstances, it may be possible to renew your contract. Please contact us to discuss this further. You have listed three options for final payment on your PCP (Personal Contract Purchase) (PCP) contract that are listed below. If you have a regulated agreement, your settlement number will be calculated in accordance with the Consumer Credit Act (Early Settlement) Regulations 2004. We`ve created a 1-page document to help you understand how we calculate billing figures, you can download a copy here. To change your payment date, you can either log in to your agreement via MyBMW Finance or contact us through Customer Service. You can view and manage your agreement online at MyBMW Finance. Sign up in minutes to change your data and find out what`s going on at the end of your contract. To update your personal information, please log in to your contract via MyBMW Finance. Under the Consumer Credit Act 1974, you have certain termination rights. For more information on these rights, visit page 1 of your agreement, “Cancel: Your Rights” or follow this link for more information on this option. Please note that these fees do not apply if you have a fixed amount loan contract.
You should have your car repaired as part of your car insurance before you send it back to us. All repairs must comply with the manufacturer`s recommendations. You must also inform us of any damage caused by the accident that you repaired during the agreement. Yes, you can settle your contract at any time, and there is no penalty for that. To understand how much this will be, you just need to get a billing number by clicking on this link. Excess mileage charges may be payable at the end of The Personal Contract Purchase (PPC) agreements, but only in certain circumstances. In particular, if you decide to return the vehicle to Santander Consumer Finance at the end of your agreement and if you have exceeded your agreed mileage limit. In such cases, one pence per mile is applied to the number of miles around which you have exceeded your limit. The rate of pence per mile is defined at the beginning of your agreement and clearly stated in your contract documentation. Please complete a new debit form using the link below in this section and send it to BMW Financial Services, Phoenix One, 59 – 63 Farnham Road, Slough, Berkshire, SL1 3TN. After receipt, it takes five business days for this to be installed in your bank. It may be necessary for you to make further arrangements for your next payment if it is due within five days of filing the application.
Please note that we cannot recover money owed to anyone other than you under the agreement. If you wish to keep your vehicle after your personal sales contract is concluded, but you are unable to pay for the final balloon, we will re-register this amount subject to your permission.