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F&I Products

BMW Financial Rolls Out Lease Protection

April 24, 2012

WOODCLIFF LAKE, N.J. – BMW Financial Services has added another product to its list of F&I protection programs with the introduction of its BMW Lease Protection program. Like its BMW Tire & Wheel Protection, BMW Paintless Dent Repair and BMW Windshield Protection, the new F&I product will also be offered to MINI customers.

The BMW Lease Protection Program, which must be purchased at time of delivery, covers up to $3,750 in billed excess wear-and-use charges at lease end. Items covered by the program include:

  • Dents and dings
  • Tires
  • Wheels
  • Upholstery, rips, tears
  • Glass
  • Headlamps (including Xenon), fog lamps, tail-lamp assemblies
  • Bumpers, step bumpers, surrounding trim
  • Navigation/display screen
  • Factory entertainment system
  • Convertible tops
  • Carpets
  • Mufflers and tail pipes
  • Rubber door seals
  • Mirrors, mirror covers and housing
  • Name-plate badges and hood ornaments
  • Moldings, trim, metal and chrome
  • Missing parts (up to $300 per occurrence)

“Our new BMW Lease Protection product, which some might refer to as extended-wear-and-tear coverage, virtually eliminates the potential out-of-pocket costs  of common repairs at lease-end,” explained Lisa McPherson, BMW Financial Services general manager of insurance. “This is our latest program to make leasing a BMW (or a MINI) a pleasurable experience and minimizing issues surrounding wear and tear, tire and wheel problems and minor dings and dents.”

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