PCP EXPLAINED

BMW Select, our Personal Contract Purchase product, is our most popular car finance product for both new and used cars. This is because of its key feature, which we call the Guaranteed Future Value (GFV). BMW Select can be a flexible alternative by deferring a proportion of the car’s total value until the end of the agreement as an optional final payment. This amount is the Guaranteed Future Value (GFV) and is the key to how BMW Select works.