What Does it Mean to Lease?
Leasing a BMW gives you access to all the stylish designs, premium amenities, and advanced technologies you love about BMW for less than imagined. How is this possible? When you lease, you're only paying a portion of the vehicle's total value. Most of the time, you may only cover the vehicle's depreciation value.
Depreciation is the rate at which a vehicle loses its value over the course of its lifetime.
Since this value is much less than the total value of the car, you may find yourself spending less per month leasing a BMW than if you bought one.
Although, unlike buying, when you lease a car, you don't own it. After an agreed-upon time, you must return the vehicle to the dealership as part of the contract.
Is Leasing the Right Move?
BMW leasing options offer several pros and cons. Is it the right move to your driving lifestyle? Read through the list below:
- You want to spend less up front (i.e., no down payment always needed)
- You want the ability to pay less per month on car payments
- You drive less than 12,000 miles a year
- You want a short-term driving option (around two to three years)
- You want warranty coverage for most, if not the entire, time you drive the car
Do any of these fit with your lifestyle? Then leasing a BMW could be the option that's right.
How Can I Lease a BMW?
Ready to lease a BMW? Visit our finance center! Here, our team of lease experts will walk you through the various BMW lease options available to you.
Together, you'll review the BMW lease offers that are currently available. These offers frequently rotate, so we recommend checking with our team often to see if your favorite BMW currently includes a lease deal.
Once you've decided on the BMW vehicle and leasing option that best aligns with your financing needs, our team will draw up your custom lease contract. With our team on your side, you'll drive off our lot in your newly leased BMW in the blink of an eye.