Print

Financing



Welcome to Tomkinson BMW's Finance Department.  Rates as low as 0.9% are currently available through BMW Financial Services.  You may use our online form at the bottom of these page to get a quick response from us regarding the financing of your BMW.  Or, you may submit a Finance Application, in which your personal information is encrypted in a super-safe digital format and never sent through E-Mail.  Finally, you may download a BMW Financial Services application here.  This form will ultimately be required if you are seeking financing through BMWFS.

* indicates required fields.

Contact Information
Submit

Financing Navigation

Contact Information

Tomkinson BMW

929 Avenue of Autos

Fort Wayne, IN 46804
sales Sales:
866.938.0974
phone2 Service:
260.436.6200
phone3 Parts:
260.436.5101

pause

Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.