Chattel Mortgage - Select New BMW Electric Models
Business LoansNegotiable ratesBMW
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.
- From (owner occupied)
- 8.44%
- 10.48% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year Option to pay weekly or fortnightly | 8.44% | 10.48% | Residual value addition |
| Fixed · 1 year Option to pay weekly or fortnightly | 8.44% | 10.48% | Residual value addition |
Fees
| Fee | Type | Amount |
|---|---|---|
| Early Termination Fees | Exit | 275% 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 BMW 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
- 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
- Minimum age — 18 yearsFor individual applicants, applicants must be aged 18 years or over
- Residency status — Applicants must have the legal right to work in Australia and Companies must hold a valid Australian Business Number (ABN)
- Business customersThe vehicle must be used wholly or predominantly (>50%) for business purposes
- Business customersApplicable for Individuals, Sole traders and companies
Constraints
- Minimum balance — $25,000.00Loan amount must exceed $25,000
- Offer available on new and demonstrators across i4/i5/i7 and iX models. Subject to vehicle stock availability and only at participating authorised dealers — Eligible vehicles
- Maximum LVR — 12500%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
- Minimum limit — $24.00Contract Term (months)
More Information
Published by BMW Financial Services under the Consumer Data Right · Last updated 6 July 2026 · Product ID 1209a