What is BMW Select?

Man Signing Document at Car Dealership

St Louis area customers often ask our finance experts, “What is BMW Select and how can it help me?” The BMW Select Program combines the benefits of traditional financing and leasing, which means you get the best of both worlds when you purchase your next luxury vehicle. Are you curious to see if BMW Select is right for you? Take a closer look at the benefits of BMW Select Financing.

How the BMW Select Program Works

BMW describes the plan as “a retail installment sales contract with a balloon payment”, so how does that translate into your finance plan?

  • Though you purchase the vehicle in installments, a portion of your purchase balance is added to the end of the contract – the final “ballon payment”.
  • This process brings down the cost of your monthly payments, so you get the reduced costs of a lease combined with the ownership benefits of a financing plan.
  • At the end of the contract, you have options. You can pay off the balloon payment or refinance if you’d prefer.
  • The final balloon payment will depend on factors like the estimated future market value of a financed vehicle, creditworthiness, and contract terms.

Keep in mind that the BMW Select Program is not available in states like IL, NC, ND, NH, NV, PA, TX, and WV.

Is BMW Select Right for Me?

BMW Select Financing has unique benefits that you won’t find from just leasing or financing alone. Some of the many benefits of BMW Select include:

  • Flexibility: Your end-of-term options aren’t set in stone, so you have greater flexibility overall.
  • NoReturn Process: No need to worry about end-of-lease inspections, wear and tear penalties, or other stressful procedures.
  • No Mileage Restrictions: Feel free to drive through Ladue and Ballwin to your heart’s content, because there are no mileage limits.

Learn More about BMW Select Financing

Still have questions about BMW Select Program? Visit BMW of West St Louis in Manchester for expert advice about your financial options. Whether you want information about liability insurance or just some great car buying tips, our team is here to help. Contact us today for more information.


Explore Our Models

  • How Much Does the 2023 BMW i4 Cost?

    When you want to enjoy incredible performance and a memorable driving experience in St Louis, opting for a new BMW is the way to do it. While the 2023 BMW i4 is an all-electric vehicle, it won’t disappoint you when you get behind the wheel. It delivers incredible suspension tuning and near-instantaneous torque to get you…

  • What’s the 2023 BMW X7 Interior Like?

    BMW Sports Activity Vehicles® provide plenty of versatility and comfort to help you take on St Louis adventures with friends and family in pure opulence. With that being said, if you’re looking for an impressive BMW SAV®, you can’t go wrong with the 2023 BMW X7. It features an athletic appearance and styling that’ll have everyone…

  • Your Guide to the Luxurious 2023 BMW X5 Interior

    Are you searching for a new luxury vehicle that breaks free from the tired designs seen on the roads around St Louis? The new BMW X5 Sports Activity Vehicle® will give you the refresh you desire. When you slide into the 2023 BMW X5 interior, you’ll notice plenty of high-end elements like a panoramic moonroof and…

BMW of West St Louis 38.5937389, -90.5172938.