Loan Protection - Limited Debt Waiver
The journey to purchasing a new vehicle is a process that takes time and resources. So it only makes sense to protect your investment. At Edmonton BMW, in partnership with BMW Financial Services, we are excited to offer BMW Protection Products to automotive consumers from St. Albert, Sherwood Park, Beaumont, Leduc, Spruce Grove, Devon, Stony Plain, Fort Saskatchewan and surrounding areas of Alberta. Not only do we have great coverage products like Limited Debt Waiver, but we also have a great inventory of new vehicles for your consideration. So what are you waiting for? Book a test drive today.
Added Protection and Loan Protection
BMW Financial Services has carefully designed and developed Protection Products that can address the most frequent, costly, and disruptive situations that could affect your life and experience with your BMW. These products have been designed to offer a level of security and value that is hard to match in the automotive industry while still protecting your loved ones and yourself.
Life can be unpredictable, and sometimes we are put into unexpected situations. That's why BMW Financial Services has developed loan protection; it helps to protect you from some of life's unforeseen circumstances, especially when you need it most. This service is completely optional but will help protect your lease or loan commitments in case you unexpectedly pass away, become critically ill, have a loss of employment, or become disabled.
BMW Limited Debt Waiver
If your vehicle is ever deemed a total loss, the BMW Limited Debt Waiver protects customers from any financial obligations.
Features
- If the customer's vehicle is deemed a total loss by their insurance company, they will be entitled to a waiver of certain outstanding debt.
- If a repair is performed due to a case of a partial loss, the customer has the option of purchasing an additional benefit that will waive a defined amount of the financial obligation.
Eligibility
- BMW Financial Services Limited Debt Waiver is available for all BMW Makes and Models (New, Certified Pre-Owned and Pre-Owned) when the vehicle is financed through BMW Financial Services;
- Must be purchased on the same date as shown on your BMW Financial Services Conditional Sale Agreement (Loan) contract;
- Available on Loan amounts up to $180,000;
- Terms available up to 84 months
- If you require more information regarding any of these features please don't hesitate to contact us.