Is alphera owned by BMW?
Is alphera owned by BMW?
ALPHERA Financial Services is unlike other car finance providers. As part of the BMW Group, we’re a motor company, not a bank.
Who owns alphera financial services?
BMW AG
BMW AG is the ultimate parent of ALPHERA and references to “BMW AG” are to Bayerische Motoren Werke Aktiengesellschaft whose address is Petuelring 130, 80788 Munich, Germany.
How do I pay my alphera finance?
How can I make payments on my agreement?
- Direct Debit: Please contact us on 0370 5050 125 and request a Direct Debit Mandate Form.
- Bank transfer: Please call us on 0370 5050 125 and we will provide you with the correct bank details to set up the transfer.
Who is the underwriter for BMW Finance?
Louis Macartney – Senior Underwriter – BMW Financial Services (GB) Ltd | LinkedIn.
What happens if you finance a car and it breaks?
When your car breaks down and you still owe money to the bank for the vehicle, you have a few options: Roll it over. You can add the debt from your old car to a new car loan and pay both cars off simultaneously. Pay off the loan.
How do you get a settlement figure from alphera?
You can obtain a settlement figure by logging into your MyALPHERA Finance account or calling our Customer Service Centre on 0370 5050 125. Depending on your agreement type, you might be able to withdraw from your finance agreement within 14 days of signing, by paying back the balance financed, plus any interest.
Who is the underwriter for BMW finance?
What is a good credit score to lease a BMW?
700 and above
The average credit score for people who leased a vehicle in 2020 was about 729. At our South BMW Center, we typically consider 700 and above to be a good credit score for approval of a lease. It is possible to lease a vehicle when your credit score is lower, but that usually means it will be more expensive.
How do I get alphera to settle?
How do I get a settlement figure from BMW Finance?
To request a settlement figure please login to your agreement through MyBMW Finance, or contact us via our online contact form or email. Alternatively, you can telephone us on 0370 5050 150 or write to us at BMW Financial Services Phoenix One 59 – 63 Farnham Road Slough Berkshire SL1 3TN.
What happens at the end of a car finance agreement?
At the end of a PCP deal you’ll have three main options. Your first is to pay the final balloon payment and own the car. Second, you could walk away with nothing more to pay. Finally, you can trade the car in, using positive equity to fund the deposit for your next vehicle.