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Shopping for a luxury vehicle includes a big decision: Should you choose a BMW lease or loan? There are several reasons to consider leasing rather than purchasing a new BMW vehicle. Here are three of the biggest leasing benefits from the friendly professionals at Fields BMW Lakeland.
Lower Monthly Payments
One of the main reasons luxury drivers opt for a BMW lease over buying is that their monthly payments are lower. While a loan involves paying the principal of the vehicle’s full value plus interest every month, a BMW lease only requires you to pay a set amount based on the vehicle’s estimated depreciation throughout the lease life.
Drive the Newest Models
Leasing also gives you the opportunity to drive the latest and greatest BMW models. Basically, you pick out your favorite convertible, coupe, sedan, or SUV, drive it for a few years per the terms of your lease, and then return it to our dealership. Then, you’ll get to pick out another brand-new BMW vehicle with the most updated amenities and technology, which you can drive every day under a new lease.
No Need for a Trade-In
Another reason why drivers choose a BMW lease rather than a loan is that they don’t have to worry about reducing their payments by trading in their previous vehicle. Car trade-in values can fluctuate dramatically, so it’s a bit of a gamble on how much your old model will be worth. With a lease, you’ll never have to hope for a high trade-in value — you’ll get a fresh start in a new luxury vehicle.
Get a Custom BMW Lease in Lakeland, FL
There are plenty of reasons that Floridians choose a BMW lease over buying their next auto. Come to our Lakeland, FL BMW dealership to pick yours out today. Our friendly sales and financing teams are standing by to help you!