BMW's finance is strictly overdue and will not be approved. Because BMW finance is reviewing. The user's credit information will be queried. If the applicant's credit information is not good or has a serious overdue record, it will also be rejected.
Second, is BMW Finance approved?
Like banks, it depends on the qualifications of borrowers.
3. Which is better, BMW Finance or Audi Finance?
Audi Finance is better approved. BMW Finance Loan Fee: None, approved, and the loan usually takes 3-5 working days. Audi Finance: Basically, the loan will be released on the same day, with a handling fee of 3%-4%. BMW Auto Finance (China) Co., Ltd. is an auto finance company jointly funded by BMW Group and BMW Brilliance Automobile Co., Ltd., headquartered in Beijing, with a total investment of 500 million yuan. Audi's different financial products have different loan terms. You can call Audi's financial loan customer service consultation, but under normal circumstances, the car loan conditions can still be passed. Audi's standard credit adopts the monthly repayment method of equal principal and interest.
4. Why is BMW Finance so difficult to pass?
Why is it difficult for BMW Finance to pass? Because BMW Finance has high requirements for users' qualifications and cannot be overdue, the debt ratio is low. The most difficult thing is to ask for stable income. After deducting debts, the monthly income will reach twice the monthly payment.