BMW India has announced festive season offer for the customers in the Indian market. Custmers looking to own a BMW in the country can avail the finance at an attractive interest rate of just 7.99% per annum. The offer is applicable on the entire product range covered by the 360º program which includes all locally-produced BMW models – the BMW 3 Series, the BMW 3 Series Gran Turismo, the BMW 5 Series, the BMW 6 Series Gran Turismo, the BMW 7 Series, the BMW X1, the BMW X3 and the BMW X5.
Announcing the offers, Vikram Pawah- Chairman, BMW Group India said, “BMW Group India offers premium products and services and is always committed to creating a rewarding ownership experience for its customers. We begin this from the first step – helping them choose the right financial solution. The joy of owning a luxury car does not have to mean dealing with unrealistic EMIs. The 360º program designed by BMW Financial Services India offers unrivaled loan options in the luxury car segment. We are the first brand in the Indian luxury car segment to offer such a comprehensive program across its entire locally-produced range. A 7.99% rate of interest, low initial down-payment combined with bespoke and flexible payment plans tailored to individual customer needs present an irresistible opportunity to own a BMW. With this and other innovative financial solutions, we are bringing many of our customers closer to turning their dreams into a reality.”
The offer will be valid for all cars purchased from authorized BMW dealerships from 1 August – 31 September 2018 across the country. The program also provides an Assured Buyback Value to the customer with a promise of buying back the car at a pre-defined value at the end of tenure. It also offers benchmark buy-back value as high as 57%. However, guaranteeing a better return and almost 50% lower EMIs for the customer, the buy-back value of the cars is defined on ex-showroom price instead of actual transaction price.
Also, as a choice for the customer to further lower down the cost of ownership, the program also comes with a maintenance and service package. Customers enjoy great flexibility to decide whether to trade in, keep, refinance or return the vehicle at the end of the contract with the BMW 360º program this festive season. Currently, BMW is also planning to launch the 2018 M2 Competition in the country as the automaker recently listed the car on the official Indian website. Though, the launch date has not been announced yet but the 2018 BMW M2 Competition is expected to offer some additional styling cues and more performance oriented compared to the regular variant. The German luxury automaker has also updated the M2 with a new paint scheme – Hockenheim Silver and will be bringing the vehicle via CBU route to the Indian market. When launched, the vehicle will take against the likes of the Mercedes-AMG CLA45, Porsche 718 Cayman, Audi TT and Jaguar F-Type V6 Coupe.
Stay tuned to V3cars.com for further updates from BMW India.