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If you’re not too keen on owning a BMW car right now, leasing may be a better option for you. Leasing essentially lets you drive a car for a while without having to be tied to it long-term.

A BMW lease does come with some restrictions, however. Learn about the requirements that come with leasing when you visit BMW of Asheville.

Mileage Restrictions 

Your lease agreement will include the yearly mileage agreement that you are bound to. In most cases, this is between 10,000 and 15,000 miles. This is why before signing, you should have a good idea of how many miles you typically drive every year.

Overage Penalties

If you underestimate how many miles you will put on your car, you could get hurt financially. This is because you will have to pay a fee for every mile that exceeds your pre-determined limit, and this could be as much as 30 cents. The more you drive, the more this will add up.

High-Mileage Leases 

If you do a lot of driving, you should look into a high-mileage lease. You may be able to get a mileage cap closer to 20,000 miles. It is important to remember that with this type of lease, you will probably have higher payments.

Find the Right Lease for Your Needs at BMW of Asheville 

No matter how many miles you drive every year, we can help you find a lease that meets your needs and budget at BMW of Asheville. Plus, the entire process can be completed online or over the phone and we can deliver your car to you. 

Categories: Finance