There’s nothing more exciting than getting behind the wheel of a new BMW car at BMW of Asheville. Whether you’re in the market for the family-friendly BMW X5, the groundbreaking BMW i4, or something else, one of the most important choices that you’ll face is whether to buy or lease your new BMW model. Both leasing and financing offer distinct advantages, and the best choice often depends on a variety of different factors. Here is a guide to help you decide whether you should lease or buy a new BMW car at BMW of Asheville.
Why Consider a BMW Lease?
Leasing is an attractive option for several reasons:
- Lower Monthly Payments: A typical BMW lease payment is lower than finance payments for the same BMW car over the same term.
- Warranty Coverage: For the duration of most BMW lease terms, your BMW car will be covered under the original New Vehicle Limited Warranty, which lowers unexpected repair costs.
- Drive New Models More Often: Because lease terms are often short (around 24 to 36 months), you can drive new BMW models more frequently.
The Advantages of Buying a BMW Car
Financing to buy a BMW car offers its own advantages:
- Build Equity: Every payment that you make builds equity in your BMW car. Once the loan is paid off, the car is yours, payment-free.
- No Mileage Restrictions: Drive as much as you want without worrying about the mileage restrictions that often come with leases.
- Customization Freedom: As the owner of a BMW car, you can personalize it as you like.
Lease or Buy: The Choice is Yours at BMW of Asheville, NC
The best choice for you depends on your personal priorities and lifestyle. If you need more guidance on the buying versus leasing decision, the friendly finance team at BMW of Asheville is here to help. Visit us today to get behind the wheel of a new BMW model!