BMW Korea announces the launch of ultra-low interest financing options for the BMW 5 Series, X5, and X6 to celebrate the excellent sales performance of these popular models.
This promotion aims to celebrate the achievement of the 5 Series, which ranked first in global sales, and the BMW X family, which recorded the highest sales among imported SUVs in the domestic market, while also expressing gratitude to customers.
To minimize the burden on new car buyers during the high-interest rate era, low-interest financing programs with rates starting from around 1% will be made available.
The smart installment program will offer fixed interest rates instead of variable rates to maximize the benefits for new car buyers. Even if the base rate rises during the contract period, the same interest rate will apply, reducing the burden on customers.
For customers purchasing the premium business sedan 5 Series using the ultra-low interest smart installment program, the diesel model BMW 523d and the plug-in hybrid (PHEV) model 530e will have an interest rate of 1.9%, while the gasoline model 520i will have a rate of 2.9%.
Support programs for operational leasing or renting customers are also prepared. Customers purchasing the 5 Series through BMW’s smart lease or rental program will receive up to 3 million won in monthly payments, supported at 500,000 won per month for six months.
The premium SAV model BMW X5 and the SAC model X6 can be purchased with installment rates ranging from 3% to 4%. The diesel models X5 xDrive30d and X6 xDrive30d will have a 3.9% installment rate, while the gasoline models X5 xDrive40i and X6 xDrive40i will have a 4.9% rate.
When purchasing the X5 and X6 through the BMW smart lease program, customers can benefit from a guarantee of up to 63% of the vehicle’s residual value after three years, which allows for reasonable monthly payments of around 1 million won.
Customers purchasing new cars through this promotion will additionally receive the ‘BMW Full Care Program,’ a vehicle specialty management program. The Full Care Program covers the repair or compensation of damages, loss of smart keys, and wheel and tire damages free of charge within limits for the first year after purchasing the vehicle.
Monthly payments and interest rates for all financing products vary based on vehicle price, down payment percentage, and contract period. For more details on the promotion, interested parties should contact a nearby BMW showroom or the BMW Communication Center (080-700-8000).
Last year, a total of 21,513 units of the BMW 5 Series sedan were sold in Korea, achieving the highest sales volume in the global market. The BMW SAV lineup, the X family, achieved the highest SUV sales in the domestic imported car market with a total of 33,813 units sold in Korea.
Lee Sang-jin daedusj@autodiary.kr