*The BMW Loyalty Two Payment Credit Program covering up to $500 or $750 is available to current BMW Financial Services NA, LLC customers and those who have been BMW Financial Services customers within 12 months of the new credit application who enter into a new lease or retail finance contract with BMW Financial Services and take delivery of a new eligible BMW vehicle between January 5, 2016 and February 29, 2016. All new financing and leases are subject to credit approval and other requirements. The BMW Loyalty Two Payment Credit Program is available through authorized BMW Centers to qualified BMW Financial Services customers described above and eligible individuals residing in the same household as a qualified customer (proof of residency required) and is non-transferable to other family members or friends residing outside that household. The BMW Loyalty Two Payment Credit Program must be applied to the first two payments on an eligible new model year 2015 or 2016 contract through BMW Financial Services NA, LLC. BMW Financial Services will pay up to $500 for eligible BMW vehicles which include all models in the 2, 3, 4 and 5 Series (excluding M2 Coupe and M4 GTS Coupe) and all models in Z4, X3, X4, X5, X6 and i3. Customer will be responsible for any amount above $500 payment credit. BMW Financial Services will pay up to $750 of the first two monthly payments for new models in the 6 Series. Customer will be responsible for any amount above $750 payment credit. If the first monthly payment is less than $500 (or $750 for 6 Series), credit will only cover the actual payment due. Offer limited to two Loyalty Payment Credits for each eligible leased or financed vehicle. Offer may be combined with other offers unless otherwise stated. Offer is non-transferable except as provided in these terms.