BMW Financial Services provides an easy way for you to begin your on-line credit
There is no cost or obligation when you submit an application, and your personal
information is protected and shared only with your selected BMW Dealer. Please read
our "Privacy Statement" for more privacy and security information.
In order to complete the application you will need the following information for
yourself and your co-applicant, if applicable:
Dealer and Motorcycle Information.
If you do not have a preferred BMW Dealer , you may use our Dealer locator to find
one nearest to you.
Your application will be encrypted for security, transmitted to BMW Financial Services
If you submit your application during normal business hours (Monday - Friday, 8am-5pm ET),
you will receive an e-mail decision from BMW Financial Services within 24 hours of your submission.
On the same business day after submitting your application your BMW Dealer will
automatically receive the credit decision.
If approved, your approval will remain valid so long as you complete the financing
transaction and take delivery of your motorcycle within 60 days from date of application.
Please be sure to contact your selected BMW Dealer after you have received your
credit decision. Your BMW Dealer is the final and most important step in ensuring
you become a proud BMW customer.
What Happens Next?
The Approval Process
After you have submitted your credit application to BMW Financial Services,
we will review your information from one of the major credit bureaus, and
arrive at a decision. This decision will be e-mailed to you within 24 hours
if you have submitted your application during normal business hours (Monday - Friday, 8am - 5pm, ET).
Credit bureaus routinely collect and maintain information from credit card companies,
banks, and department stores about your payment history and use it to compile your
Once you have received your credit decision, the most important step is to visit
your selected BMW Dealer. If you were declined for credit with BMW Financial Services,
you may still visit your BMW Dealer to discuss other motorcycle and financing options
that may be available to you.
What to Expect at your BMW Dealer
Your BMW Dealer will have your credit application on file. The BMW Dealer will work
with you on securing the right motorcycle and financing options available for you.
To complete the sales transaction, you will need to present the following to your
Two forms of identification, including one picture ID which can be a valid driver's
license or International Drivers License.
A copy of your auto insurance including your agent's name, address, and phone
The title and/or lien information on the motorcycle you are trading in, if applicable.
The motorcycle you are trading in, if applicable.
A check for your down payment, taxes, title and license fees. Please note that
tax, title, and license fees vary by state, and are not included in our on-line
estimators and motorcycle MSRP's.
Q: Is my personal information secure in an on-line application?
A: BMW Financial Services wants to ensure that your Internet transactions
are protected. All credit communications with BMW Financial Services are over Secure
Socket Layer (SSL) with 128 bit encryption, which is supported by every modern web
browser. Please see our privacy statement for more details about your privacy and security.
Q: How does BMW Financial Services make a credit decision?
A: Our credit experts will review your credit history with one of the major
credit bureaus, such as Equifax. The information you have provided on your application
will be considered in light of your outstanding loans and your payment history.
After careful review, our credit expert will make an informed decision. As soon
as a decision is reached-typically within 24 hours-you will be notified via e-mail.
Q: How does the BMW Dealer learn about my credit decision?
A: Your selected BMW Dealer will be notified via their internal BMW Financial
Services computer system. The BMW Dealer typically receives your application and
approval notification within 24 hours of submission.
Q: Do I need to fill out another application once I visit the BMW Dealer?
A: No. Your BMW Dealer will have on file your credit application via their
internal BMW Financial Services computer system.
Q: Is my application good at any BMW Dealer?
A: No. Your BMW Financial Services credit application is only good at the
BMW Dealer you selected.
Q: How long is my credit approval valid for purchasing a BMW ?
A: Your credit approval is valid for 60 days from the date of submission.
Please see your BMW Dealer right away to expedite the motorcycle ordering process.
Q: Is the payment I estimated with the on-line payment estimator guaranteed?
A: No. This is only an estimate, and is subject to change based on variables
such as credit approval, down payment and actual trade-in value as determined by
your BMW Dealer. The on-line estimator also does not include taxes, title and license
fees. Your final selling price is determined by your BMW Dealer.