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Why You Should Lease A BMW In 2020
Why You Should Lease A BMW In 2020

If you are the type of car owner who loves cruising around, leasing a BMW should be your first call. This could explain why more than 50% of BMW drivers choose this option rather than buying. In a short-term scenario in which you need a BMW for only a few years, a lease deal is the best option for you. Leasing not only gives you total convenience in the form of less maintenance and scalability, but it also comes with lower monthly payments. Leasing, in its simplistic description, is loaded back end financing. You borrow the full purchase price of the vehicle with a buyout package from BMW Financial Services. There is a mileage restriction on all leases. These restrictions will determine whether or not you should lease. The monthly payment consists of the amortization of the principal plus user fees. The redemption at the end of the term can be paid in full, or it can be refinanced by BMW Financial Services at the end. You will be subject to all interest rates in 3 years, in case you choose to finance the buyout. For drivers who want to experience the modern luxury and power of a BMW without worrying about repairs en route, stick to the lease. Here are some benefits you will discover when you decide to go for a BMW lease:

Benefits Of Leasing A BMW

  • Can switch to a new BMW at the end of each lease period
  • Reduce monthly payments and prospectively decrease down payment/cash pledge
  • BMW warranty coverage for repairs required during the entirety of a typical 36-month lease
  • Minimum maintenance required other than routine care, such as oil changes
  • Can move away or buy the BMW after the end of the lease
  • GAP protection provided with the ultimate lease
  • Can be written off as a taxable business expense
  • Useful as a temporary vehicle if you plan to move or expand your family in the future

Leasing not only gives you total convenience in the form of less maintenance and scalability, but it also comes with lower monthly payments. Leasing, in its simplistic description, is loaded back end financing. You borrow the full purchase price of the vehicle with a buyout package from BMW Financial Services. There is a mileage restriction on all leases. These restrictions will determine whether or not you should lease. The monthly payment consists of the amortization of the principal plus user fees. The redemption at the end of the term can be paid in full, or it can be refinanced by BMW Financial Services at the end. You will be subject to all interest rates in 3 years, in case you choose to finance the buyout.

Leasing can be the most cost-effective way to drive a BMW. Perhaps that's why, indeed, more than half of BMW drivers rent. BMW leasing auto shops are committed to providing the most competitive rental programs so that you can drive a larger, more powerful and better equipped BMW. Leasing does not require the same cash commitment; you only pay the value of the vehicle you use when renting it. And, if you lease with a typical leasing period, you will still be covered by BMW's 4-year/50,000 miles warranty and the ultimate maintenance plan (you only pay for tires and gas). Also, at the end of the lease term, you have the option of returning your BMW for another, leasing again for an additional period, buying at a price fixed by the agreement or surrendering and leaving. Leasing with BMW Financial Services adds the security of keeping everything under one roof. From the test drive to the end of the lease, the BMW meets all of your automotive needs.

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