BMW Lease Frequently Asked Questions (FAQ)

March 21st, 2023 by

Automotive leasing provides a flexible and affordable alternative to financing. If you’re considering a BMW lease, the team at BMW of Wesley Chapel is here to answer some of the questions you’ll be facing.

How Does Leasing Work?

A vehicle lease is an agreement between you and the dealer allowing you to drive the vehicle for a certain period of time, although the dealer still owns it. Think of it as a long-term rental. Once the lease is up, you’ll have the option to either return the vehicle to the dealership or pay it off to keep it.

Is Leasing a Car a Good Idea?

Yes, leasing a car can be a good idea in a number of situations. Leases offer lower monthly payments than financing, so they’re often the more affordable option. A BMW lease also provides an excellent opportunity to build your credit score, which means they can help you toward buying a car in the future.

What Is the Mile Limit on a Lease?

Leases come with a limit on the number of miles you can put on the vehicle each year, typically ranging from 12,000 to 15,000 miles. You can get a high-mileage lease to increase this limit, but your monthly payments will go up in proportion.

How Much Money Is Due Upfront?

The amount of money due upfront on a lease varies. The upfront payment costs include your down payment, your first month’s payment, and other fees like registration and taxes. If you opt for a higher down payment, you’ll have lower monthly payments over the course of the lease.

Are There Any Lease Specials?

Of course! You can view all our BMW lease specials through our website or inquire with one of our BMW financial experts.

Find Your Lease at BMW of Wesley Chapel

Leases are a perfect option for many people. Contact our friendly finance team at BMW of Wesley Chapel to take advantage of our lease specials before they expire. Drive home in a BMW luxury car today!

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