Overview.

Information Act.

In the interests of compliance with the South African Promotion of Access to Information Act, BMW Financial Services offers you the opportunity to: review the relevant manual prepared by the company; review the prescribed fees associated with requesting the information outlined in the manual, and to print a form to be completed and faxed to BMW Financial Services should you wish to request this information. Request for access forms should be faxed to: 012 541 7593. Payment for these records should be made to BMW Financial Services before a request for access can be fulfilled.

BMW Financial Services.

Legal disclaimer.

BMW appreciates your interest in its products and your visit to this Website. You may be asked for personal information when you visit the site, but it is up to you whether you provide this information or not. The BMW Websites are maintained in different countries around the world and are intended for visitors from those particular countries. If you do provide us with personal information, it will be handled in accordance with the laws of the country in which the Website is maintained. Privacy information relating to each specific country should be found on the relevant Website. BMW Financial Services will not use the personal information collected on this Website for any purpose other than individual customer care, mailing of product information, or special offers. For these purposes, the information may be stored, processed, and, if necessary, passed on to other companies within the BMW Group. BMW Financial Services declares that all information will be treated confidentially and in accordance with the legal provisions concerning data protection. Trademarks Unless otherwise indicated, all marks displayed on BMW Websites are subject to the trademark rights of BMW, including each of BMW's brands (BMW, MINI) , its model name plates, and its corporate logos and emblems. No Warranties or representations This information is provided by BMW "as is" and without warranty of any kind, expressed or implied, including (but not limited to) any implied warranties of merchantability, fitness for any particular purpose, or non-infringement. While the information provided is believed to be accurate, it may include errors or inaccuracies.

No Licences BMW has sought to achieve an innovative and informative Website. We hope that you will be as enthusiastic as we are about this creative effort. However, you also need to understand that BMW must protect its intellectual property, including its patents, trademarks and copyrights. Accordingly, please appreciate that no license to BMW's intellectual property or the intellectual property of third parties has been granted by this Website. Product Information All information, specifications and illustrations contained on these Web pages are based on the latest product information available at the time of publication. BMW Financial Services reserves the right to make changes at any time, without notice, in colors, material, equipment, specifications and models, and is not responsible for typographical errors. Such changes may affect vehicle pricing and vehicle content. BMW will, subject to legal requirements, determine the Model Year designation of its vehicles. The Model Year designation on any particular model may be longer or shorter than twelve months. Some vehicles pictured may contain non-S.A. equipment. Some models may be shown with optional equipment. Further information can be obtained from your BMW center. Copyrights © Copyright 2000 BMW Financial Services All rights reserved. The text, images, graphics, sound files, animation files, video files, and their arrangement on BMW Websites are all subject to copyright and other intellectual property protection. These objects may not be copied for commercial use or distribution, nor may these objects be modified or reposted to other sites. Some BMW Internet sites also contain images that are subject to the copyright of their providers.

BMW South Africa.

Directors List

Directors and Company details
The operating legal entity of BMW South Africa is:

BMW (South Africa) (Pty) Ltd
Registration No: 1960/000196/07
BMW Group Company

Directors List
* F-P Arndt (Chairman),
* B Donauer (Managing),
** J A Antela Martinez (Sales and Marketing),
*** D W Blue (Finance & IT),
* Dr. J P Fegbeutel (Legal Services),
* J Ginglseder (Technical & Logistics),
N C Khambula (Human Resources),
Z D Radebe (Business Relations Sub-Saharan Africa),
W Luhabe (Non-Executive),
M S Phalatse (Non-Executive)

* German
** Spanish
*** New Zealander

Company Contact Details
Postal address:
P O Box 2955
Pretoria 0001

Street address:
1 Bavaria Avenue
Randjespark Ext 17,
Midrand, 1685

Telephone number: (012) 522-3000
Fax number: (012) 522-2347

Protecting the consumer is key.

The National Credit Act.

10 things you should know about the National Credit Act:

• 1. The National Credit Act (NCA) regulates all credit agreements. Credit agreements are categorized in to small agreements (less than R15 000), intermediate agreements (R15 001 - R250 000) and large agreements
  (R250 001 and above).



• 2. A more detailed application process is required by the NCA to ensure that reckless lending does not take place.



• 3. The NCA gives rights to the consumer and confers the corresponding obligation to the credit provider



• 4. No early termination fees are payable in respect of small & intermediate agreements. Early termination fee's are payable on large agreements.



• 5. 5 day period in which to consider a quotation or pre-agreement statement, after the 5 day period the quote is no longer valid and a new credit application will have to be submitted and reviewed. When making an application for finance the consumer will have to reveal all "open" quotations as referred to above.



• 6. Have the right to receive documentation in the way prescribed by themselves - i.e.: via fax, e-mail or post



• 7. Right to being told the reason why finance was declined



• 8. The costs of entering in to a credit agreement with regards to fees and charges are now prescribed and limited.



• 9. Right to know who the Finance & Insurance Manager/Business Manager is and who he/she represents when assisting in your application for finance.

 National Credit Act (NCA) FAQ′s

Protecting the consumer is key.

National Credit Act (NCA) FAQ′s.

1. 1. What is the main purpose of the NCA?
   • - To protect the consumer by preventing over-indebtedness and prohibiting reckless lending by credit providers;
   • - To regulate the credit industry in South Africa.
2. 2. What happens to the previous credit legislation?
   The NCA replaces the Credit Agreements Act and the Usury Act.
3. 3. Does the NCA apply to me?
   The NCA has been designed to protect all natural persons (you and me), and certain juristic persons. A juristic person is defined as a CC (Closed Corporation), a Trust, or a Pty Ltd.
4. 4. When will I not enjoy the protection of the NCA?
   When a consumer enters into a Rental Agreement, or a FML (Full Maintenance Lease).
5. 5. How does the NCA affect the cost of an application?
   Every cost, service fee and the interest must be clearly detailed on the Quotation and Pre-Agreement Statement that a consumer gets from a credit provider.
6. 6. What information must I provide to apply for credit?
   In order to apply for credit, a consumer must provide full personal details, full disclosure of all existing credit agreements, income and expenditure. All information must be complete and accurate.

Protecting the consumer is key.

National Credit Act (NCA) FAQ′s.

1. 7. Can I be forced to complete income/expenditure statement in any way?
   The NCA requires the client to provide full and accurate information to the credit provider.
2. 8. What do I do if I lose my contract and require a copy of this document?
   Please contact the credit provider and they will supply a copy of the original at no additional cost within 20 days of the request. All copies requested within the first year of the contract being signed will be provided free of charge.
3. 9. Can I add a Short Settlement Amount to my contract?
   A Short Settlement Amount is the amount outstanding on a vehicle finance contract after settlement of the vehicle. In terms of the NCA, it does not form part of the asset.
4. 10. Do I have to divulge any future or current contingent liabilities which I may have, for example surety obligations for other legal entities debts?
   Yes, all current and future obligations and contingent liabilities must be disclosed at the application stage.
5. 11. Do I have the right to confidential treatment?
   The NCA provides access to consumer′s information to the following agencies:
   • - The credit provider;
   • - Debt counsellors;
   • - Credit bureaux;
   • - The Tribunal; and
   • - The Regulator.
   This information may only be used in the following circumstances:
   • That which is specifically permitted in NCA;
   • A report or release that provides information to the consumer only.
6. 12. How does the NCA affect my existing contract?
   • - The NCA is retrospective in certain respects and hence credit agreements entered into before the 1st June 2007 will fall within the ambit of the Act in these respects;
   • - Debt re-organization would be available to consumers who would require it and early termination fees are only applicable to large agreements.

Protecting the consumer is key.

National Credit Act (NCA) FAQ′s.

1. 13. Does the NCA require me to provide POI for every deal I process or does the 3 months rule still apply?
   Proof of Income (POI) must be provided for each separate application.
2. 14. Can I finance over more than 5 years?
   It is recommended that the finance be done over a maximum of 60 months.
3. 15. I do not receive a car allowance; can I lease my vehicle and have a balloon payment?
   Yes.
4. 16. Will I be able to finance motorcycles over 5 years with no deposit?
   Yes, this can now be done.
5. 17. How does incomplete / incorrect information provided on the application affect the protection provided by the NCA?
   Incorrect information provided to a credit provider may lead to the consumer not being protected by the NCA in certain respects.
6. 18. What is the NCA contact number?
   The National Credit Regulator (NCR) handles complaint with regards to NCA compliance.
   Their contact details are as follows:
   • - Tel: 0860 627 627
   • - Email: complaints@ncr.org.za
   • - Website: www.ncr.org.za