--- title: "Standard Rate - Chattel Mortgage Vehicles — BMW Financial Services" description: "Business Loans from BMW Financial Services. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/bmw-financial-services/products/1008a source: "CDR Compare" language: en-AU last_updated: 2026-08-18T04:31:39Z --- # Standard Rate - Chattel Mortgage Vehicles — BMW Financial Services > Business Loans from BMW Financial Services. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Business Loans · Negotiable rates · BMW** BMW Chattel Mortgage is designed for customers using their BMW predominantly for business purposes who want to retain ownership from the outset. With a fixed interest rate and no account-keeping fees, it delivers cost certainty and a streamlined finance solution for your business. BMW Financial Services Australian Credit Licence 392387. ## At a glance - **From (owner occupied):** 10.04% (12.11% comparison) ## Apply Applications are handled by the provider: [Apply at BMW Financial Services](https://www.bmw.com.au/en-au/sl/vehiclefinder/results?filters=%257B%2522IS_INSTALLMENT%2522%253Afalse%257D&postalCode=2077&stateCode=NSW&sorting=PRICE_ASC) ## Interest rates | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Fixed · 1 year (Option to pay weekly or fortnightly) | 10.04% | 12.11% | Range of Interest rates 10.04–11.34% | | Fixed · 1 year (Option to pay weekly or fortnightly) | 10.04% | 12.11% | Range of interest rates 10.04–11.34% | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Early Termination Fees — Early Termination Fee – payable if more than 3 months before expiry of the Term, you pay out your loan, or, due to an Event of Default, we become entitled to recover the total Amount Owing from you. The Early Termination Fee is calculated as follows: Loan Amount x 2.75% x (Term Remaining in Months/Term in Months) + $115 | Exit | 2.75% of balance | | Establishment Fees | Upfront | $590.00 | | Dealer Origination Fees | Upfront | $935.00 | | PPSR Fees | Event | $2.00 | | Account Keeping Fees — Charged monthly · No Account keeping fees | Ongoing | $0.00 | | Cheque Dishonour Fees | Dishonour | $15.00 | | Direct Debit Dishonour Fees | Dishonour | $5.00 | | Verification Statement Fees | Event | $2.00 | ## Features - **Digital banking** (Online application with quick verification and dealer support. Manage your finance contract with BMW One app) - **Ownership: Our Chattel Mortgage offers a fixed interest rate and no account keeping fees. You own your vehicle with predictable costs and long-term benefits** - **Tailor your finance with a balloon or Guaranteed Future Value. Conditions apply** - **Bill payment (BPAY)** (Option to pay via Direct Debit or BPAY) - **Extra repayments** (Customer may pay out the chattel mortgage early, subject to an early termination fee) - **Guarantor supported** (Subject to terms and conditions, the customer may be required to nominate a guarantor during the origination process) ## Eligibility - **Business customers** (The vehicle must be used wholly or predominantly (>50%) for business purposes) - **New customers must not be an undischarged or discharged bankrupt. Existing customers must not be an undischarged bankrupt** - **Credit Assessment: Eligibility is subject to credit approval based on the applicant’s financial and employment information. Lending criteria, fees, charges and conditions apply** - **Business customers** (Applicable for Individuals, Sole traders and companies) - **Residency status** — Applicants must have the legal right to work in Australia and Companies must hold a valid Australian Business Number (ABN) - **Minimum age** — 18 years (For Individuals only customers older than 18 years may apply) ## Constraints - **Minimum balance** — $6,500.00 (Loan amount must exceed $6,500) - **Offer applicable across all BMW, BMW Motorrad and Rolls-Royce brands across new, demonstrator and used motor vehicles & motorcycles. The maximum age of a vehicle at end of term is 14 years, or 12 years if a balloon payment (RV) is sought, or 8 years if a Full Circle Loan (BMW cars only) or Operating Lease is sought. Subject to vehicle stock availability and only at participating authorised dealers** — Eligible Vehicle - **Maximum LVR** — 125% (The maximum loan amount can be up to 125% of the vehicle’s assessed value.) - **Customers must take out comprehensive insurance coverage over the Vehicle for the loan term and specify the BMW Financial Services as the interested party** - **Contract Term should be between 6 and 60 months.** - **Customer must grant a first ranking security interest over the Vehicle** - **Conditions apply to Guaranteed Future Value product** ## More information from BMW Financial Services - [Overview](https://www.bmw.com.au/en/bmw-financial-services/chattel-mortgage.html) - [Terms & conditions](https://www.bmw.com.au/content/dam/bmw/marketAU/bmw_com/pdf/target_market_determination.pdf.coredownload.inline.pdf) - [Eligibility](https://www.bmw.com.au/en/bmw-financial-services/chattel-mortgage.html) ## Data provenance - Published by BMW Financial Services under the Consumer Data Right - Product ID: `1008a` - Last updated by the provider: 18 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/bmw-financial-services/1008a - Provider page: https://www.cdrcompare.au/brands/bmw-financial-services --- Source: [CDR Compare](https://www.cdrcompare.au/brands/bmw-financial-services/products/1008a) — product data published by Australian data holders under the Consumer Data Right. 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