What is BMW Select Financing?

Man and Woman Signing Contract


Everybody would prefer to enjoy a lower monthly payment, but what is BMW Select Financing? BMW Select is a type of balloon financing agreement that allows you to lower every monthly payment. However, this lower monthly cost is offset by a larger “balloon” payment that must take place at the end of your term. Find out if the BMW Select program is right for you by reading on and reaching out to our financing team.

Benefits of the BMW Select Program

How does the BMW Select program work? It’s important to do your research before you commit to a balloon financing plan, so keep the following points in mind:

  • With BMW Select Financing, you’re purchasing the vehicle. However, your monthly payments may be comparable to those you’d have with a lease.
  • The money you would have otherwise spent on your monthly payments is lumped into one final payment that you’ll make at the end of your contract. 
  • The reduction of your monthly payments and the size of the final lump sum are determined by your creditworthiness and the vehicle’s estimated future value, among other factors.
  • In some cases, drivers near Butte, MT and Idaho Falls may be able to refinance that final lump sum and pay it off over time, stress free. 

BMW Select is not available in IL, NC, ND, NH, NV, PA, TX, or WV, but it is available in Idaho! If you’d like to learn more about how it works, sit down with an expert on our financing team today. We also have additional financing and leasing specials that you may wish to consider.

Not yet sure if BMW Select financing is right for you? Ask our team to explain the benefits of leasing vs. buying. 

What is BMW OwnersChoice Balloon Financing?

Although BMW OwnersChoice Balloon Financing is not available to drivers in Jackson, WY and Bozeman, MT, you still might hear it mentioned from time to time! As with BMW Select Financing, you’ll need to prepare for a larger lump-sum payment at the end of your contract. 

Explore Your Financing Options at BMW of Idaho Falls

BMW Select financing is a great option for the driver who wants to lower their monthly payments while building equity! Plus, you can secure an even better price when you value your trade-in with our dealership. Contact us to take the next steps today.

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