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How much are car repayments on a new 2019 BMW 3 Series?

How much are car repayments on a new 2019 BMW 3 Series?

Author - Author
Buying a Car

By Farzana Chaumoo

We calculate the monthly repayment on a new 2019 BMW 3 Series (G20) using our finance calculator. You can also find out how interest can affect your car payments and the 3 ways you can finance your vehicle.

 

What do I need?

The monthly instalment on your BMW 3 Series will depend on several factors that include the vehicle's price, the deposit you can afford to pay upfront, and your preferred repayment period e.g. 2 years, 5 years, etc. 

You can visit our Finance Calculator page with these figures to calculate an estimate on what your monthly BMW 3 Series payments will look like.

Please take note, the finance calculator does not take into account your monthly expenses, insurance premiums, and things like vehicle tracking fees or other such fees that come with owning a vehicle that also cut away from your monthly disposable income. So keep these expenses in mind when considering a purchase.

 

Calculation

A base level new BMW 3 Series (G20) will cost R649,243 (at the time of publishing)

10% Deposit: R64,924

Repayment period: 60 months (6 years)

Anticipated interest rate: 12%

Balloon payment: None

Monthly repayment on a BMW 3 Series calculates to R12 997.85

Our finance calculator will also display how much interest you would have paid at the end of your term, as well as the total price you would have paid for the vehicle. On this specific calculation, the interested has totalled R195,552.21 and total instalments excluding deposit and residual totals R779,871.21.

 

Learn about Finance

If you can't afford to pay cash for your BMW 3 Series, you can always finance it. Here are three different ways you can finance a car.

 

Interest

Are you aware that interest rates can affect your monthly payments? Interest rates are also dependent on your credit score and may differ between people. Find out here what are Interest rates and how they affect your car payments.

 

 

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