BMW i3 Finance
Car Finance for BMW i3
- Competitive PCP & Hire Purchase quotes from an extensive panel of lenders
- Get the best available rates on cars from £15,000 – £250,000
- Use a Trustpilot 5-Star rated team with expert knowledge
- Rates start from 8.9% APR with a representative APR of 8.9%*
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BMW i3 Finance
Find great BMW i3 finance deals from across the UK
Hybrid electric cars are increasingly popular since they reduce reliance on fossil fuels and they can be cheap to run. This means that cars like the BMW i3 can be quite expensive to buy, and financing is a great way to purchase a car like this. However, finance offers vary between different dealers, banks, and lenders, and it can be a challenge to know if you’re getting a good deal.
Our handy quote comparison tool is a great way to compare finance for BMW i3. Comparing quotes gives you the chance to save time and money.
How much is a BMW i3 per month?
Your monthly payments will depend on several factors. They include the price of the car, your downpayment, the interest rate, and the length of your loan. You can use our quote comparison tool to compare deals and see what your monthly payment could be.
Can you finance a BMW i3 for 72 months?
Most car finance deals are for between 12 to 48 months. Some lenders will offer longer loan terms, even up to 60 or 72 months. However, you should be aware that a longer loan length decreases your monthly payments but increases the amount of interest you will pay overall.
What is a normal deposit for a BMW i3?
Most car finance offers will require a deposit, usually between 10% and 20%. Some lenders will offer smaller deposit requirements, and you can even find 0% deposit car finance offers. However, a lower deposit usually means you will need to pay more interest and might require a better credit rating.
Is the BMW i3 a good car to get on finance?
The BMW i3 is a hybrid electric car, and like with most BMWs, the price point is quite high, so many people buy them on finance. This happens with other BMW models, like the BMW M5.
What is a normal interest rate for a BMW i3?
A normal interest rate for a car loan can be anywhere from 3% to over 15%. The interest rate will depend on the lender, as well as factors such as your deposit amount, the purchase price, and the length of your loan term.
How can I lower my interest rate?
If you want a lower interest rate you can look at comparing quotes to find a lender with low rates. You could also improve your credit score to reduce rates. Alternatively, a lower purchase price can help. You could pay a higher deposit or look at cars that may be cheaper, such as the BMW 1 Series.
Can I get a BMW i3 on finance with poor credit?
While some lenders have credit score requirements for BMW i3 financing, not all do. There are plenty of lenders that specialise in lending to people with poor credit scores. You might have to pay a higher interest rate if you have a low credit score.
*Representative Example – Personal Contract Purchase: Cash Price £15,000.00, Deposit £500.00, borrowing £14,500.00 over 4 years at 8.9% Representative APR (fixed). 47 monthly payments of £228.99 followed by a final payment of £7,560.00. Total cost of credit of £3,832.53 and total amount payable of £18,832.53. Based on 8,000 miles per annum, excess mileage charges will apply if this is exceeded. Finance subject to status 18+ only. We are a credit broker and not a lender. Magnitude Finance is a trading style of DSG Financial Services Ltd. DSG Financial Services Ltd is a company registered in England & Wales with a company number 02313903. Our VAT registration number is 511678843. DSG Financial Services Ltd is authorised and regulated by the Financial Conduct Authority under firm reference number 649675