BMW Financial Rolls Out Lease Protection
BMW Financial Services has added another product to its list of F&I protection programs with the introduction of its BMW Lease Protection program.
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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