Benefits of Leasing
Why Should I Lease My Car From BMW of Southpoint?
Have you been dreaming about getting behind the wheel of a brand new BMW, but you’re not sure if you want to buy or lease? Let the experts here at BMW of Southpoint help you navigate this sometimes confusing auto financing issue.
Both buying and leasing a new car can have their benefits and drawbacks. Deciding which one is right for you comes down to determining your budget, your lifestyle, and your personal preferences.
Benefits of Leasing a Brand-New BMW
- With a lease agreement from BMW of Southpoint, you’ll be able to get a brand new car for little to no down money down and low monthly payment. In short, you’d probably be able to afford a nicer, more expensive car, by leasing instead of buying.
- With a short-term lease, every time your lease deal expires, you get to upgrade your car and drive a newer model. Every couple of years you’ll get to sign off on one lease and sign up for another. You’ll always have the latest technology and the newest models available with a lease plan.
- Leased cars are still covered by the manufacturer’s warranty, so if anything goes wrong with the car, your repair bills will be either very low or nonexistent.
- There is less government sales tax on a leased purchase, as opposed to that of a brand-new purchase.
Financing Advice at BMW of Southpoint
Despite all of the benefits of signing a lease deal, leasing a car isn’t for everyone. For people who drive a lot every year and cover a lot of miles, purchasing may be the best route. With limits to how many miles you can put on a leased car every year, drivers who travel a lot may prefer to purchase their car.
Either way though, whether you choose to buy or lease, the finance department here at BMW of Southpoint, serving Durham, Southpoint, Raleigh, Cary, Apex, Chapel Hill, can help you on your car-buying journey. Trust our expertise to answer all of your questions and help you determine which financing option works best for you.