Originally Posted by Masterplan
I'm not sure if its HP or PCP. There is a balloon payment at the end, but the agreement says Hire Purchase Agreement. So presuming BMW Select is HP.
There was a balloon payment at the end of mine but it wasn't PCP. I may be wrong but I think with a straight HP + balloon you're not limited to miles per year like with a PCP so if your agreement doesn't have a limit then you're HP. They'll tell you if you ring and ask anyway, they have to.