Make the Right Decision with the Help of Our Financing Experts
When buying a new BMW vehicle, you have many options at your disposal. You have leasing and financing plans that are available to you, and each has their own advantages. When choosing between leasing and financing, it’s important to have a good look at your needs. This is something that our team of financing specialists at BMW St. John’s will be able to do with you. Choosing between leasing and financing involves determining how long you plan on keeping your vehicle, how many kilometres you drive every year, your monthly budget, and the features you want in your vehicle.
For example, leasing involves mileage restrictions which if you drive a lot every year can be problematic. However, the monthly payment is usually lower when leasing which means you can get more equipment in your vehicle. And, if you would like to replace your vehicle every three or four years, leasing is usually the best option.
However, if you plan on keeping your vehicle for a long time and you drive over 25,000 km every year, you may want to finance. Financing usually comes with lower interest rates and it’s more advantageous if you have some money saved up for a down payment on your new vehicle. Our team will be happy to go over all of these considerations with you so that you can make the best possible decision.
