BMW Financial Services - show up on credit report?

Vanilla · 18 Nov 2013 at 11:01

Hi all,

Quick question for anyone who has leased / bought a car utilising BMW Financial Services.

Did their credit check show up on your credit report?

Thanks

Django x2 · 18 Nov 2013 at 11:04

Don't remember, but obviously the payments do

Chances are that it will.

Scuzi · 18 Nov 2013 at 11:05

Yes, it does.

Vanilla · 18 Nov 2013 at 11:07

Scuzi said:
Yes, it does.

Is this from experience of having bought one? I recall you had a Z4?

[TW]Fox · 18 Nov 2013 at 11:11

It will show the full outstanding amount including the interest due if you kept the agreement until the end of it's term.

Vanilla · 18 Nov 2013 at 11:15

[TW]Fox;25327834 said:
It will show the full outstanding amount including the interest due if you kept the agreement until the end of it's term.

Hi, not looking to see if it shows up on the credit report if i have one, just checking to see if the actual search shows up on your report.

I'm not seeing it on mine....although a card I applied for two weeks later is there.

Scuzi · 18 Nov 2013 at 11:15

Vanilla said:
Is this from experience of having bought one? I recall you had a Z4?

I've had 2 cars with them. I don't recall there being a credit check the second time but there definitely was one the first time.

As Fox says, it will show the full outstanding amount (including balloon if on a PCP). So, for example, if you PCP a £30k car with a £3k deposit and a £15k baloon, the outstanding amount shown on your credit file will be £27k+ interest.

Scuzi · 18 Nov 2013 at 11:16

Vanilla said:
Hi, not looking to see if it shows up on the credit report if i have one, just checking to see if the actual search shows up on your report.

I'm not seeing it on mine....although a card I applied for two weeks later is there.

Which credit agency are you checking with? There are three.

Vanilla · 18 Nov 2013 at 11:30

Scuzi said:
Which credit agency are you checking with? There are three.

So far Noddle and Equifax, waiting for Experian.

Doesn't show up on Noddle or equifax.

Edit: corrected the above

Scuzi · 18 Nov 2013 at 11:32

IIRC it showed up on Experian with me.

Vanilla · 18 Nov 2013 at 11:33

Scuzi said:
IIRC it showed up on Experian with me.

Thanks, i'll wait and see when that one comes through, had to send them loads of ID so bit of a pain in the backside