Lender
BMW Financial Services motor finance claims
BMW Financial Services is part of BMW Group. If you financed a vehicle through BMW Financial Services between 2007 and 2024, your agreement may fall within the FCA's redress scheme.
What to know about BMW Financial Services claims
BMW Financial Services is the captive lender for BMW and MINI vehicles in the UK. It also operates as Alphera Financial Services for multi-brand dealer finance. Agreements arranged through BMW or MINI dealerships during the review period may be eligible under the FCA motor finance redress scheme.
BMW Financial Services has set aside £206.9 million for motor finance redress. Set aside by the end of 2024 per Companies House accounts filed in September 2025, increased from £70.3 million the year before. Covers compensation payments, administration costs, and legal costs.
BMW Financial Services provides finance through both the BMW and MINI franchised dealer networks in the UK and forms part of BMW Group's global financial services division. The business operates with high finance penetration through franchised dealers, typically capturing the majority of new car agreements arranged at the point of sale for both brands. Broad market lenders also write BMW and MINI finance through independent dealers and the used vehicle market.
Current scheme status
Within scope of FCA scheme; participating in implementation.
BMW Financial Services agreements by vehicle make
Read more about how the scheme applies to specific car makes financed through BMW Financial Services.
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You don't need to. Start your eligibility check and we'll trace any BMW Financial Services agreements linked to you, including ones you may have forgotten.
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