ONLINE APPLICATION

Your leasing or financing contract will be sent to your dealer after final approval of your application. For private applications it implies that all the submitted information as well as documentation has been verified by our Credit Department. If your application was submitted directly via BMW Group Financial Services, we will send the contract directly to the specified e-mail address.

VIS, or Verification Information System, is a notification of the BKR. Using this notification, the BKR informs her customers about travel documents which have been reported stolen, missing or invalid for any other reason, with the goal of preventing fraud.

Under the Dutch law, prepaid installments are considered undue payments. As a customer you therefore have the possibility of undoing those payments. As such, we are unable to accept those payments.

It is our policy not to provide financing in case of a negative registration at the BKR.

You pay the downpayment to the party from which you buy the vehicle. In most cases this would be the dealer.

You will receive your deposit back eight weeks after your last payment.

Unfortunately we cannot include the BPM tax in your financing contract. Same as for the VAT (btw), you have to pay the BPM tax to your dealer.

In case your company is required to pay VAT (btw) you can't include the VAT in your financing contract. You will have to pay the VAT to your dealer.
In case your company is not required to pay VAT, it is possible to include the VAT in your financing contract.

After formal approval of the change of debtor and the signing of required documents, we can change the registration of the car with a digital authorization form.

The registration of the car will be changed by us. No personal appointment will be required.

Being a financial services provider, we have to act in compliance with various rules and regulations. The 'Wet Financieel Toezicht' or Wft (Dutch law for financial service providers), states that a customer requesting a financing contract must have a sufficient amount of income to meet monthly payment requirements.
To assess the financial situation of our customers, we use a calculation developed by the Wft which takes into account (among others) the income, family situation, housing costs, registered credit/loans and other financial obligations. These exclude non-BKR registered credit/loans such as alimony and private loans.

Cost of living are gross mortgage expenses or rent expenses. Gross mortgage expenses are all expenses related to the mortgage, such as interest, repayments, deposits and insurances. Tax-discount on interest costs is not taken into account.

Gross mortgage expenses are all expenses related to the mortgage, such as interest, repayments, deposits and insurances. Tax-discount on interest costs is not taken into account. The used calculation already takes these discounts into account.

In the income check, the fact that cost of living are paid by a partner or another third party is not taken taken into account. In order to get a correct and complete calculation we must take the cost of living into account and therefore require this information. The reason we use this method is that the customer should be able to pay his/her cost of living in case, for any reason, the partner/third party would no longer be able to make the payments.

The Wft (Dutch law for financial service providers) states that for every financing/credit (except a mortgage), 2% of total costs should be included in the income calculation. This approximately equals the interest and repayment costs in case of full usage of the credit. Because this situation might occur, we need to take the 2% into account.

The Wft (Dutch law for financial service providers) states that for every financing/credit (except a mortgage), 2% of total costs should be included in the income calculation. This approximately equals the interest and repayment costs in case of full usage of the credit. Because this situation might occur, we need to take the 2% into account.

We only finance motorised vehicles and assume that our customers are the daily drivers of these vehicles. Therefore we want to make sure that all of our customers are in the possession of a valid drivers license.

Our policy is to only accept co-signers with whom our customer shares a household, for instance your parents or partner.
In case your income is not sufficient for the requested financing, it is possible to have a co-signer for the financing contract. This person then shares the liability of the financing contract. This increases the chances of receiving an approval of your application.

The Wft (Dutch law for financial service providers) states that for applications older than six months all income data must again be requested and assessed. Therefore, in case your current contract started more than 6 months ago, for a refinancing contract we again require your income data.

Check the box stating the data on the quotation is incorrect and fill in the contact form on the bottom of the page. We kindly request you to contact the salesperson who has created your quotation.

You can either make a screenshot of your bank statement or make a picture of the printed document. The screenshot or picture can be uploaded to the portal. How to make a screenshot or picture depends on the device you are using.

You should deliver the specification of your three most recent incomes, accompanied by the bank statements which show the deposits on your account.

Yes, you do need to provide your partner's information. It does not matter whether your partner has an income. In case your partner does not have an income, you do not need to fill in his/her salary and upload his/her bank statements.

No, you are not required to provide your partner's information. It could however increase the chances of receiving an approval of your application.

As a salary slip / income statement you should upload an annual report of your pension earnings.

As a salary slip / income statement you should upload a divorce agreement stating the alimony payments.

No, a deposit is an additional security. Therefore we cannot allow the deposit to be repaid by a reduction of the first installments.

Due to new laws and regulations we are required to identify the 'Ultimate Beneficial Owner' (UBO) of our business customers. An UBO is a private person with a 25% or higher share of the company. Of course it is possible that a company is owned by multiple persons, all with a share under 25%. In that case no UBO can be identified.

No, as a private guarantor you will not (directly) be registered at the BKR. However, in case the debtor is unable to make his monthly payments and we are forced to request the guarantor for payments, we will register the financing agreement with the BKR.

Unlike the summary published at the Chamber of Commerce (KvK), the complete set or yearly figures includes the income statement and an explanation/notes concerning the balance sheet. We require this information to gain a clear view of the financial information of your company.

Staring entrepreneurs often have performed wage labor in the past. Using the most recent tax statement, we can assess the credit rating of our customers.

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