Business PCP on a VAT qualifying BMW i5. To cut a long story short my limited company uses a Revolut Business account as it’s current account. Due to the company being set up and incorporated in Feb 2020 so in the middle of the COVID pandemic, the only way to get a bank account was through Revolut. To the issue at hand, BMW FINANCIAL SERVICES deems Revolut to be HIGH OR VERY HIGH RISK, unlike those very old banks that went bust in 2008 and had to be bailed by the government. The way they treated the whole process is appaling, you default on a payment they get the car back, anything happens the car and loan are insured so they have not got a leg to stand on other than “we don’t like Revolut Business” albeit it’s like any other bank regulated and guaranteed up to the minimum legal amount. Point of the matter is waiting on my deposit to be returned, got 3 hi-end vehicles back in Bucharest a 2023 M3 Competition a X6M50d and a X4m40i all bought brand new through BMW FINANCIAL SERVICES. Due to the way I was treated by the branch in the UK I am terminating the agreement for the 3 vehicles and returning them at the end of this week absolutely disgusting I have approached both Audi and Mercedes NONE OF WHICH HAVE ANY ISSUE WITH MY BUSINESS USING REVOLUT BUSINESS FOR BANKING. BMW NEVER AGAIN!!!!
Claim your business profile now and gain access to all features and respond to customer reviews.
BMW Financial Services (GB) Ltd offer a comprehensive suite of vehicle finance products, as well as providing a range of insurance and protection solutions.
We are responsible for brands such as BMW Financial Services, MINI Financial Services, BMW Motorrad Financial Services, ALPHERA Financial Services, Rolls-Royce Motor Cars Financial Services and Aston Martin Financial Services. BMW Financial Services (GB) Limited is authorised and regulated by the Financial Conduct Authority.See more
