What is BMW Motorrad Select Personal Contract Purchase (PCP)?

BMW Select, our Personal Contract Purchase product, is our most popular motorcycle finance product for both new and used motorcycles. This is because of its key feature, which we call the Guaranteed Future Value (GMFV). BMW Select can be a flexible alternative by deferring a proportion of the motorcycle’s total value until the end of the agreement as an optional final payment. This amount is the Guaranteed Future Value (GMFV) and is the key to how BMW Select works. As you are deferring a proportion of the motorcycle’s value until the end of the agreement, your monthly payments could be less than you think. This may give you the flexibility to add more options to your motorcycle, or even upgrade to a higher specification model, all within your budget. Or you can simply pay less per month for the motorcycle you want, compared to Hire Purchase, our alternative product offering motorcycle ownership at the end of the agreement (although the total amount payable for ownership may be higher).