BMW rolls out new corporate ownership scheme
Having become the leading luxury passenger vehicle brand in the country for the last three years, BMW Group Malaysia seeks to solidify its position with the introduction of its new BMW Group Corporate Programme offering companies as well as small and medium enterprises (SMEs) in Malaysia attractive cost of ownership and other benefits with the purchase of BMW and MINI vehicles.
The new Corporate Programme includes a special offering for SMEs, company fleet purchases and renewals as well as multinational companies with worldwide corporate agreements with the BMW Group and are available on selected models at all BMW and MINI Authorised Dealers across the country.
Specifically for SMEs, the programme offers a 3% rebate with the minimum purchase of two vehicles and is applicable for SMEs in the manufacturing sector with sales turnover not exceeding RM50 million or full-time employees not exceeding 200 workers as well as SMEs in the services and other sectors with sales turnover of not exceeding RM20 million or full-time employees not exceeding 75 workers.
Meanwhile, public listed companies on the main board as well as subsidiaries of public-listed companies on the main board, large firms, multinational corporations (MNCs), government-linked companies (GLCs), Syarikat Menteri Kewangan Diperbadankan (MKDs) and state-owned enterprises can enjoy a 4% rebate for every fleet purchase of four to seven units while companies that purchase eight units and more are entitled to a 6% rebate.
The new programme for Malaysian companies also includes new fleet renewal benefits where companies that have purchased four to seven units with the previous agreement can now enjoy a 4% rebate when purchasing an additional one to seven units while companies which have purchased eight or more vehicles will be entitled to a 6% rebate for every vehicle acquired.
Aside from the benefits for SMEs and listed companies, a 5% rebate is also offered on selected vehicles purchased under the International Supply Agreement with the BMW Group. International Supply Agreements are worldwide corporate partnership agreements the BMW Group have with multinational organisations that operate across multiple locations.
Spouses of employees in partner companies get to enjoy benefits of the new Corporate Programme too, and with approval from BMW Group Malaysia, the same concessions can be extended to subsidiaries of partner companies as well.
In addition to rebates of the vehicle purchase cost, customers of the Corporate Programme also enjoy a 3% interest rate reduction through BMW Credit, three-year free servicing (up to 60,000km for BMW and up to 50,000km for MINI), special rate to participate in the BMW Driver Training Programme at RM888 instead of the usual RM1,700, and exclusive invites to special events under the BMW White Card programme.
The programme is however not applicable for the BMW X1 xDrive 20d, the new MINI Cooper 3-Door (Salt), and any other models sold under promotional offers, duty free as well as vehicles purchased as part of the MM2H and MREP programmes.
