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Financing | BMW Loan & Lease in Charlotte

Charlotte Car Loans & BMW Lease - Hendrick BMW Northlake

Need a car and need car financing too? Great news, we specialize in simplifying automotive finance choices. We understand that you probably have specific needs and circumstances that you want handled discretely.   Hendrick BMW Northlake Financial Services managers are certified with the Association of Financial and Insurance Professionals (AFIP). AFIP's goal is to educate Finance and Insurance representatives about ethical behavior and compliance. As a member of the Hendrick Automotive group, we work with a large group of lending institutions to provide competitive rates in a competitive market. We also have additional programs and services that are designed to enhance your ownership experience. We look forward to serving your automotive needs! This allows us to do more than develop a quick pay-off period and settle too quickly for a less than ideal rate. Rather, the Hendrick BMW finance team takes the extra time to get you the lowest rate possible and works with you to develop a payoff period that doesn't spread you thin.

To learn more about Hendrick BMW financing options for new BMW and used car models (e.g., the 328i, 335i, 750Li, 335d and 528i), contact Hendrick BMW Northlake today. Or, visit us in person. We're conveniently located at 10720 Northlake Auto Plaza Blvd. Charlotte, NC 28269.

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Contact Information

Contact Information

Hendrick BMW Northlake

10720 Northlake Auto Plaza Blvd.

Charlotte, NC 28269
sales Sales:
(888) 296-2615
service Service:
(866) 796-3206

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.

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