news

2020 EOFY car sales: BMW offers

We break down BMW's June end of financial year deals.


June always marks a good time to take the plunge and buy that new car you've been lusting for. BMW has two separate offers on five of its popular models, each cut with the same format.

The first component is drive-away pricing, which is applicable to cash or non-BMW financed deals. This usually means no extras or additions, just the base model car at a fixed price point.

The second is a complete financial solution offered by BMW, dubbed 'full circle'. If you opt for this deal too, you receive the aforementioned drive-away price, as well as a few bonus extras, like M sport packages or metallic paint, depending on the model line purchased.

The price is broken down into weekly repayments, so long as you exercise the GFV (guaranteed future value) option of handing the car back to BMW at the end of the term in a condition that meets their guidelines.

If you wish to keep the car after the 60-month period, you will be expected to pay the residual amount remaining.

Armed with that knowledge, let's take a look at what BMW is offering.

BMW 118i M Sport - $49,900 drive away / from $139 a week with BMW full circle Guaranteed Future Value finance (GFV)

A sub-50K drive-away deal on a new BMW will be compelling to some, especially given that the new 1 Series is fresh, being only six months into its model lifecycle. That means you're getting one of the newest products from BMW, at a sharp price.

Susannah recently reviewed the BMW 118i, which you can find here.

The first offer is $49,900 drive-away pricing, applicable to cash or non-BMW financed deals. This includes no extras or additions, just the base model car at that price point.

If you go down the path of BMW finance, you also receive an enhancement option pack (metallic paint, panoramic roof + 19-inch wheels), five years worth of servicing and roadside assist, and the benefit of no establishment fees other than government charges.

BMW 320i sedan - $69,900 drive away / from $195 a week with BMW full circle Guaranteed Future Value finance (GFV)

For an extra $20,000, you can step up into the larger 3 Series. For that money, you don't just gain extra space. It also features more power and torque, more equipment, and to some, something quintessentially BMW that the 1 Series lacks – rear wheel drive.

We have yet to review this particular 320i model variant, but you can read our range review here.

All vehicles include both an M Sport and visibility package, regardless of how the vehicle is paid for.

Much like the 1 Series deal, there is a secondary financial offer on top. The only benefits with the 3 Series finance deal are limited to the same service and roadside offering of five years, to match the finance term, and no establishment fees other than government charges.

BMW X1 sDRIVE18i - $49,900 drive away / from $155 a week with BMW full circle Guaranteed Future Value finance (GFV)

For the same drive-away price as the BMW 118i, you can jump into its SUV alternative - the X1 sDRIVE18i. We've driven the diesel version, and you can find that review here.

It differs from the 1 Series deal in that you do not get a complimentary option package for free, regardless of whether you decide to finance the purchase through BMW or not.

The same service and roadside deals do apply, however.

BMW X3 sDRIVE20i - $69,900 drive away / from $195 a week with BMW full circle Guaranteed Future Value finance (GFV)

If you prefer an SUV over a sedan, you can always side-step from the 320i into the X3 sDRIVE20i for the same outright cost, or weekly repayment cost, if you decide to take BMW up on their finance offer.

However, in order to receive the M Sport package, you must opt for the finance deal.

So consider the 3-series to be better value with regard to factory standard equipment, as you receive both the M sport package and an extra visibility package, regardless of how you decide to finance the purchase.

BMW X5 sDRIVE30d - $119,900 drive away / from $339 a week with BMW full circle Guaranteed Future Value finance (GFV)

Finally, rounding out BMW's large EOFY sales offering is the X5 sDRIVE30d – representing the only diesel BMW on offer currently.

If you decide to go with BMW's finance deal, you get metallic paint for free, as a sweetener. Consider the lack of incentive on the X5 a sign of the SUV's popularity amongst private buyers.

We've driven this particular version before, so you can find out what we thought, here.

As with every deal, it pays to do you research and read the terms and conditions in detail before making your decision.

MORE:BMW Showroom
MORE:BMW News
MORE:BMW Reviews
MORE:Search Used BMW Cars for Sale
MORE:BMW Showroom
MORE:BMW News
MORE:BMW Reviews
MORE:Search Used BMW Cars for Sale
Justin Narayan

After more than a decade working in the product planning and marketing departments of brands like Kia, Subaru and Peugeot, Justin Narayan returned to being a motoring writer – the very first job he held in the industry.

Read more about Justin NarayanLinkIcon
Chat with us!







Chat with Agent