Is BMW Bank of North America the same as BMW Financial Services?
As a wholly owned subsidiary of bmw financial services, bmw bank offers a variety of lending products and services. Federally insured deposits: brokered certificates of deposit. Non-brokered institutional certificates of deposit. Yes. As with any other financial institution, bmw financial services requires proof of income with all financing applications.BMW Financial Services offers a variety of finance options to help you drive your dream BMW. Explore the benefits and choose the solution that suits your needs.BMW Group Financial Services is a wholly owned subsidiary of the BMW Group, and is represented in over 50 countries. Today, with assets exceeding $80 billion EUR, BMW Group Financial Services is one of the world’s leading financial services companies.Finance is provided by BMW Financial Services, a trading name of BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
Is BMW Financial Services part of BMW?
BMW FS is part of the BMW Group, and its principal strategic role within the BMW Group is to enable customers in the UK to engage with the BMW Group’s premium products and services relating to individual mobility, including BMW, MINI, and Rolls-Royce motor cars and BMW Motorrad motorcycles. BMW India is a 100% subsidiary of the BMW Group and is headquartered in Gurugram (National Capital Region). BMW India started operations in 2007.The BMW Group is the world’s leading provider of premium cars and motorcycles and the home of the BMW, MINI, Rolls-Royce and BMW Motorrad brands. Our vehicles and products are tailored to the needs of our customers and constantly enhanced – with a clear focus on sustainability and the conservation of resources.The BMW Group and Tata Technologies each hold 50 per cent of the shares in this JV. BMW TechWorks India complements BMW Group’s global strategy by engineering seamless, scalable software solutions for next-gen vehicles and delivering leading digital experiences.Finance is provided by BMW Financial Services, a trading name of BMW Financial Services (GB) Limited, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB.
How do I contact BMW Financial Services?
Phone. Your account information is accessible 24/7, call us at (800) 578-5000. For international calls, dial (614) 718-6350. BMW Customer Service is available Monday to Thursday 9 a. ET or Friday 9 a. ET. You can cancel your BMW Financial plan by calling them, sending them an email or using their online form. Email [email protected] are my vehicle return options? You have three options available at the end of your vehicle term: choose a new BMW; purchase your current BMW; return your BMW. Please contact your originating BMW Center for more information on the option that is best for you.
What insurance does BMW Financial Services require?
BMW Financial Services typically requires lessees to carry comprehensive and collision coverage with a maximum deductible of $1,000, along with bodily injury liability coverage of $100,000 per person and $300,000 per accident, and $50,000 in property damage liability coverage. BMW Insurance Cost The average cost of BMW insurance among national providers in 2025 is $2,753 per year or $229 per month, according to our data. This is 13% higher than the national average of $2,433 per year.As of September 2025, BMW Group India recorded its highest-ever cumulative sales for the Jan-Sep period with 11,978 cars delivered. The overall growth stands at a solid 13% over the same period in 2024, with the third quarter (July-September) alone achieving a best-ever Q3 with 4,204 units sold, a 21% YoY increase.BMW cars price list in India (October 2025) BMW car prices in India range from ₹45. Lakh to ₹2. Cr (Ex-showroom). The top 5 popular BMW models and their prices are the M5 (₹2. Cr), X7 (₹1. Cr), X5 (₹93. Lakh – 1. Cr), X1 (₹50. Lakh), X3 (₹71. Lakh).
Which bank is BMW credit card?
They are now issued by Elan Financial Services, a division of U. S. Bank, and have been moved from the Visa network to Mastercard. BMW Credit Card: $0 annual fee. BMW Precision Credit Card: $99 annual fee. As a wholly owned subsidiary of BMW Financial Services, BMW Bank offers a variety of lending products and services. Federally Insured Deposits: Brokered Certificates of Deposit. Non-Brokered Institutional Certificates of Deposit.Financing provided to well-qualified customers financing their purchase of BMW vehicles from participating BMW Centers with assignment to BMW Financial Services NA, LLC or BMW Bank of North America.The BMW Bank GmbH is a finance service and a company of the BMW Group. The company known under BMW Group Financial Services was founded in 1971 in Munich, Germany.BMW is short for Bayerische Motoren Werke, and if you’ve got an eye for languages, you might be able to recognize this name as German! Yes, BMW is and always has been based in Bavaria, a state in southeastern Germany.Through its BMW Bank of North America subsidiary, BMW Financial Services offers deposit-banking products for BMW drivers, including checking, savings and money market accounts, credit cards, loans and certificates of deposit.
Can I access BMW Financial Services on my phone?
Manage your account. Pay your monthly BMW Financial Services lease or loan account balance directly through the My BMW App. Get notifications. Receive regular payment reminders and confirmations to your mobile device for extra peace of mind. Access statements. If you are interested in paying off your BMW Financial Services retail contract at any time, or want to purchase your BMW at the conclusion of your lease, please visit Payoff Information through My BMW Account, or via the My BMW App.With BMW Financial Services, you can personalize a lease around your driving needs –choosing term lengths, mileage needs, and more with low monthly payments. Your interest rate and the residual value of your vehicle will be built into your contract to ensure total visibility into your lease terms.BMW Financial Services may entertain requests for a loan or lease payment deferment. If your application for a deferment is approved, payments that would have been due during the deferment period may be skipped without penalty. Interest on auto loans will still apply, but late fees will not be assessed.With BMW Financial Services, you can personalize a lease around your driving needs – choosing term lengths, mileage needs, and more with low monthly payments. Your interest rate and the residual value of your vehicle will be built into your contract to ensure total visibility into your lease terms.
Can I check my BMW financial account balance online?
You can use My BMW Account to access your BMW Financial Services information, review your financial documents, and more, anytime, anywhere – all from your computer, or mobile device. Your BMW ID is your central login for all offers relating to the BMW brand and the use of BMW ConnectedDrive. The personal data and settings for your BMW ID are stored in the BMW Cloud and synchronised in your BMW with Operating System 7 or newer, in the My BMW App and in the My BMW portal.