AUTO INDUSTRY NEWS

BMW Philippines introduces FlexiLease program

BMW Philippines introduces FlexiLease program image

Text: / Photos: BMW Press | posted April 23, 2013 12:13

A new option to experience the joy of driving

Asian Carmakers Corporation (ACC), the official importer and distributor of BMW vehicles in the Philippines, introduces FlexiLease. It is a new innovation in BMW ownership that addresses the mobility requirements of top professionals and makes upgrading to the latest BMW model easily.

The FlexiLease only requires to pat a refundable 10% guaranty deposit as well as a one month cash advance rental fee for one to be able to drive a BMW vehicle. And since no purchase was involved, there's no need for the individual to pay for chattel mortgage.

Open for both individual and corporate customers, the FlexiLease program is distinguished by its main features:

  • Minimal 10% Deposit;
  • Operating Lease;
  • 24 and 36 month lease terms;
  • Monthly Fees Inclusive of the ff:
    • Comprehensive Insurance
    • LTO Registration
    • BMW Standard Maintenance Services
  • Fast approval of lease applications

“As a way of sharing the success we’ve had for the past 10 years in the local market, we’re introducing FlexiLease as an additional option for Filipinos to experience the BMW Brand. For this program, we have partnered with Asia United Fleet Management Services, Inc. (AUFMS),” said Maricar Parco, President of ACC. “This program offers attractive benefits such as low deposit, low monthly fees, and an easy way to upgrade to a new BMW when new models are introduced.”

FlexiLease allows for utmost flexibility and convenience in terms of being able to drive and experience a BMW. At the end of every lease term, the customer has three options: return the car and use the deposit to begin a new lease term for another brand new BMW, re-new the lease contract for another term, or simply, end the lease term and return the car.

“What makes FlexiLease a convenient option in getting a car is that the lease fees already include insurance, registration fees from the LTO, and other standard maintenance costs, and still let you save more money at the end of every lease term,” says Glen Dasig, ACC Executive Director of Sales and Marketing. He also adds that since the FlexiLease plan is directly tied up with a BMW dealer, the customer is guaranteed the best service and maintenance for the car, thereby giving more value for their money.