The BMW I8 is a hybrid sports car that was first introduced in 2014. It is the flagship vehicle of BMW’s “i” sub-brand, which is dedicated to developing sustainable mobility solutions.


The i8 is powered by a combination of a 1.5-liter, three-cylinder turbocharged gasoline engine and an electric motor, which together produce a total output of 369 horsepower and 420 lb-ft of torque. The engine and motor are mated to a six-speed automatic transmission and an all-wheel-drive system, allowing the i8 to accelerate from 0-60 mph in just 4.2 seconds.

The i8’s battery pack has a total capacity of 11.6 kilowatt-hours and provides an electric-only range of up to 18 miles. The car can be charged from a standard household outlet, but also features a fast-charging system that can charge the battery to 80% in just 2 hours.


The i8 features a lightweight carbon fiber chassis and aluminum frame, which helps to reduce the car’s overall weight and improve its performance. The car also features a range of advanced technologies, including a heads-up display, a high-end audio system, and a suite of driver assistance features.

In 2018, BMW introduced an updated version of the i8, known as the i8 Roadster. This model features a retractable soft-top roof and a range of other updates, including improved battery technology and a more powerful electric motor. The i8 Roadster has a total output of 369 horsepower and can accelerate from 0-60 mph in 4.4 seconds.

Overall, the BMW I8 is a high-performance hybrid sports car that combines impressive performance with advanced sustainable technologies.

BMW, BMW I8 Car Finance

Types of Finance Agreements

Hire Purchase
Hire Purchase (HP)

The most well-known BMW finance option is through Hire Purchase.

This is where you hire the BMW for the duration of the period that you are paying it off. Once you have paid it off, you will then become the owner of the car.

You pay for the BMW in monthly instalments over a pre-agreed space of time. This could be months or years. Each monthly instalment will likely include a fixed interest rate and the interest rate is usually higher depending on your credit rating. Some finance options may come with a mileage limit however this is not the case with an HP finance contract.

Failure to make your payments on time will result in the repossession of the BMW. 

At Momentum Finance we are able to find the best deal for your unique circumstances. 

Personal Contract Purchase (PCP)
Personal Contract Purchase (PCP)

Another extremely popular finance option is a PCP contract. This is similar to an HP purchase option, but once you reach the end of your finance contract, you have three options. You can choose to own the car by paying a final lump sum. Financers refer to this as a “balloon” payment. The amount of the balloon payment depends on the Minimum Guaranteed Future Value (MGFV) of the vehicle which you will agree upon at the start. Because a significant amount of the cost is deferred until the balloon payment, then the monthly instalments are usually cheaper than with an HP deal. The second option is to return the BMW once the balloon payment is due, meaning you have just rented the vehicle and returned it. The third option would be to part exchange the BMW and then get another Supercar under a new PCP contract.

These final two options would mean that you are renting the BMW, and so a mileage limit will likely apply for the duration that you have the BMW under hire. There may also be maintenance charges added to the contract.

Lease Purchase
Lease Purchase

A lease purchase option is to hire the BMW, but the only option available for you is to own it at the end – like HP finance. The difference between the two is that you pay lower monthly instalments followed by a balloon payment at the end. This can be ideal if you intend to own the Supercar outright, but it is important to be prepared for the significant cost of the agreed balloon payment at the end of the BMW finance contract.  

Personal Contract Hire
Personal Contract Hire

With this deal, you agree to hire the BMW and then return it with no option of owning it. There will be a mileage limit in place, but other than that there will be no additional limits or unexpected maintenance charges, as these will be included in the monthly instalments. While your monthly instalments may be higher, you will have free reign of the vehicle and be able to return it to the dealer once the period is done. This is ideal for those who may only need a BMW for a set period of time.

Personal Loan
Personal Loan

A personal loan is the acquisition of money from a lender who is not directly affiliated with your vehicle. This would allow you to be able to purchase the vehicle outright with the lender’s money, and then pay them back over time on their variable fixed terms. This may be your best option to get the best interest rates for your personal circumstances. As the loan is not directly linked with the BMW, the lender would not be able to repossess the vehicle but can take other forms of legal force. This could include retrieval of goods that are a sum of the cost owed.

Frequently Asked Questions

Why go with Momentum Finance 

At Momentum Finance, we offer our customers a truly bespoke experience when it comes to prestige car finance.  We find the best deal for Luxury car finance because of our exclusive and FCA-regulated car finance lenders.

Do I Need To Put A Deposit Down For A Luxury Car Finance Deal?

Most car financing options demand a down payment but you might be able to acquire financing without a deposit. This is thanks to the exclusive network of lenders we work with.

Can I purchase A Luxury Car From Any Dealer?

Momentum Finance allows you to choose a car from any reputable and FCA-regulated dealer in the UK.

Can I settle my car finance early?

Yes, you can make an early settlement of your finance application at any time. You can sort this query easily by giving us a call and asking for a settlement figure. 

Will A Car Finance Agreement Improve My Credit Score?

 Car finance agreements could help to improve your credit score. However, this also means that defaulting on your payments may also lower your credit score. Failing to meet the conditions of your finance deal could make other finance applications difficult in the future. Because of this, We advise you to look at credit reference agencies if you want to improve your credit rating.

You could also talk to one of our advisors to see if getting car finance is the right option for you.


You should not treat the information on this page as a replacement for expert financial advice to do with your personal unique situation but more as preparation ahead of your Car finance application. You can get more information from a Credit Reference Agency if you want tips and guidance on how to improve your credit score. 

How Do You Get in Touch With Momentum Car Finance?

You can either get in touch with our team via our phone number or email.

Or, you could fill out our application form and we will contact you to take the next steps for your Luxury Car Finance.

Why not use our quote tool and see what rates could be offered to you?

Bear in mind that we can’t guarantee you will get approved for car finance because each lender will have their own criteria and lending standards to meet. However, we work with lots of specialist lenders who are experts in Prestige car finance, and with their vast range of experience, you could be in good hands to secure a great finance deal!

begin your journey to owning a new BMW

Start a quote today and one of our experts will be in touch to help find your dream BMW. We’ll scan the market to see what’s available. Then we’ll act on your behalf of you to secure the best deal possible with the lender and the dealer. Our passion and expertise in high-end cars will help inform and make the purchase a smooth and enjoyable process. We want to see you driving away with utmost satisfaction.

The client’s happiness and convenience are at the core of everything that we do. So get in touch today!