BMW i8 Finance
Car Finance for BMW i8
- 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 i8 Finance
Find great BMW i8 finance deals from across the UK
Looking at buying a BMW i8 on finance? Like most BMWs, the BMW i8 is very popular, especially with its hybrid engine. With a high price tag, finance could be a great way to fund buying this car, but it can be hard to know if you are getting a good deal on car finance. Different dealers, lenders, and banks will all have different offers.
Our handy quote comparison tool is a great way to easily compare different BMW i8 car finance deals. Comparing quotes can help you save time and money.
How much is a BMW i8 per month?
Your monthly payments will depend on several factors, such as the purchase price, your down payment amount, the interest rate, and the term length of your loan. You can use our quote comparison tool to quickly see what your monthly payments could be.
Is it cheaper to finance or lease a car?
Leasing and financing cars work differently. Financing a car means that you make payments to own it. Leasing a car typically has lower monthly payments, but you do not own the car at the end of your lease unless you pay off the remaining balance.
What percentage of my total monthly income should my car payment be?
Most experts suggest that a car payment should be no more than around 10% to 15% of your monthly take-home income. Using our comparison tool can help you compare what monthly payments would be for the BMW i8 and similar cars like the BMW i3.
What is a normal deposit for a BMW i8?
Most car finance lenders will require a deposit of around 10% to 20% of the total car value. However, you can find some lenders who are willing to take lower deposits or even lenders with 0% deposit BMW finance offers. A smaller deposit may mean that you will have to pay a higher interest rate.
How can I lower my interest rate?
You can find a lower interest rate by using our handy quote comparison tool. You can also take steps to get lower interest offers. These include improving your credit score or putting down a higher deposit. You might also get a lower interest rate on a cheaper car, such as the BMW 1 Series.
Can I get a BMW i8 with poor credit?
Most car finance lenders will have a minimum credit rating requirement for BMW i8 finance. However, there are some lenders that focus on lending to customers with poor credit ratings. These lenders will look at your income, outgoings, and other loan commitments.
How long can I finance a BMW i8 for?
Most car finance options are for 24 to 48 months. You can find some finance offers for 12 months or up to 60 months. It’s worth noting that while a longer term length may decrease your monthly payment, you will end up paying more interest in total.
*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