If you’ve got your heart set on a fresh-off-the-line BMW, there are two ways you can acquire one—buying, or leasing. While each has their own benefits, if you’re having trouble deciding, our local dealership is here to help. Based on your needs, budget, and what kind of driver you are, we can help you make an informed decision.
Buying and leasing centers around what you pay for. When you apply for a loan in the interest of owning the car once it’s paid off, you’re responsible for the total MSRP and interest, while lease agreements only cover the residual value lost over the lease term. So if you’re taking out a loan on a $30,000 model, your payments reflect that, and any interest. Leasing the same car with a $10,000 residual value lost over four years, and you’d only pay for that lower number. To help determine which would be best, take a look at the video above.
You can also get assistance from our Charlotte, NC sales team. Contact us and we can go over your options, and schedule you a test drive appointment, and have you on your way to a brand new BMW before you know it!
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