The Bavarian motor vehicle company called BayerischeMotoren Werke AG, more popularly known by the acronym BMW, was founded in 1916. BMW currently manufactures automobiles and motorcycles and produced aircraft engines pre-World War Two.
Their automobiles are marketed under the brands Mini, BMW and the famous luxury brand Rolls-Royce.
In 2015, by their latest sales reports, the BMW brand sold 1,905,234 units and is well-known for use in racing sports competitions like Formula 1.
BMW offers a range of in-house financial services for customers, including retail financial services. Not only does this allow customers to get access to financial services, but it also gives protection for the period until full third-party coverage can be arranged.
For damaged tyre parts, now avail BMW’s Tyre Insurance in order to get original BMW parts, with trained BMW mechanics who will replace your tyres. Covered under this insurance plan is damage from:
• Harm caused by nails or other pointed objects like glass shards
• Damage caused by hitting the kerb
• Theft of your tyres
If the damaged tyre is new, the customer pays for nothing except the cost of mounting.
New Car Finance
To let you buy your dream car with the minimum of hassle, and financial liability, BMW’s Car Finance team offers multiple financing options.
Pre-Owned Car Finance
Even if you don’t want to, or cannot, splash out on a new car, BMW will still give you a list of financing options in order for you to be able to afford your car.
24x7 roadside assistance is just part of the deal for BMW owners. With BMW Mobile Service, BMW is offering car breakdown help on the road. They also offer a Servicemobile.
BMW also offers a variety of retail finance options that gain high points on ease of use and need:
- BMW Standard Plan: A standard EMI with regular monthly repayments.
- BMW Bullet Plan: Pay lower regular EMIs by paying higher amounts at specified fixed intervals. For freelancers or those who anticipate regular bonuses.
- BMW Balloon Plan: Lower your regular EMI by paying a higher single sum amount at the end of the repayment plan. This is designed, according to BMW, particularly for those planning to sell the car at the end of the period.
- BMW Step-Up Plan: Pay higher repayments at the end of the period in order to pay lower repayments at the beginning. In this plan, the EMI steps up after a given fixed period by a fixed rate
- BMW Step-Down Plan: The exact opposite of the above plan where you pay higher EMIs at the beginning in order to pay lower EMIs at the end.
- BMW Individual Plan: Talk to BMW’s Financial Managers in order to customize a plan that will meet your needs.
My BMWFS:BMW’s mobile app service lets you manage all your BMW services including payments and payment reminders from the convenience of your mobile
BMW BeSpoke: With BeSpoke, the customer can check the advanced payment estimation, see location-based pricing, and compare across plans and cars in order to make a fully informed choice before putting their money forward.
BMW Leasing: BMW has set up a leasing service where the customer can pay a customised rental tailor-made for them and in return drive the BMW model they want. There are options to include maintenance and insurance payments in the monthly lease agreement, as well as anupgrade to a different model.
Another additional advantage is the opportunity to own the car you lease at the end of the lease period on payment of a pre-agreed amount.
This series is a favorite for those looking for premium luxury cars at an entry level
The new model has a four-cylinder 'TwinPower' turbo diesel engine producing 190bhp of power and 400Nm of torque. The petrol variant is the BMW M3 with the 3.0-litre twin-turbo engine with 431bhp of power. The threewill compete in the market with premium sedans like the Mercedes-Benz C-Class, the Jaguar XE,and the Audi A4.
BMW had the first show of the seventh-generation of its 5 Series in October of 2016. This is part of their premium sedan series, the G30 which finally came to India in 2017. Amongst other things, this promises increased safety.
A laundry list of advances include a head airbag system, Anti-lock Braking System electronic vehicle immobilization, crash sensors and tyre pressure indicator. The BMW Secure Advance Package also promises increased financial security with insurance on tyres, wheels, tyres, engine shield, and interior protection cover.
This is offered in two diesel and one petrol variant in the Indian market, a 2.0-litre in-linefour-cylinder diesel producing 190bhp and 400Nm of torque, a 3.0-litre in-line six cylinder diesel with 265bhp and 620Nm of torque and a petrol variant of 2.0-litre inline four cylinder engine with 252bhp and 350Nm of torque.
Launched at the 2016 Auto Expo, a year after first show at the Frankfurt Motor Show, the BMW 7 Series’ sixth generation in India is expected to be offered in the 730Ld and 740Ld states of tune with a 3.0-litre straight-six diesel mills that produce 258bhp and 300bhp respectively. A single petrol variant is also expected.
BMW launched the 6 Series in India in 2007 as a top of the line premium luxury car. The second-generation two-door coupe looks remarkable and has advanced safety features. It boasts an ‘Active Steering System’ using the electric motor, which modifies the wheel angle according to the acceleration and deceleration of the car.
The Dynamic Drive active suspension system allows for much better control over steering. Some of the advanced safety features of the second generation are the crash-active headrest, reducing the risk of neck injury and side impact protection and crumple zones which protect passengers in the event of a crash. The car is powered by a 4.8L V8 engine with 360 bhp.