Questions to Ask Before Leasing Your Vehicle from BMW of Wesley Chapel

Thinking of leasing a luxury car? Based on your short- and long-term goals, a BMW lease could be a great idea. But before you sign a contract, here are some important questions to ask.

Is Leasing Better than Buying?

That depends. If you like the idea of driving a new car every two or three years and want to minimize your down payment and monthly payments, then leasing is ideal. Plus, leasing gives you the opportunity to drive a more luxurious new BMW vehicle at a more affordable price.

The chief disadvantage to leasing is that at the end of your lease contract, you won’t own the car. Leases also come with mileage caps and don’t allow for any modifications to the vehicle.

What is a Mileage Cap?

Since a car’s mileage affects its resale value, and since your down payment and monthly payments are lower, a lease includes a mileage cap of 10,000 – 15,000 miles per year. The average driver puts around 12,000 miles per year on a car.

What Kind of Warranty Comes with a Leased Car?

Virtually all leases coincide with the manufacturer’s warranty for the vehicle, which means lessees never have to pay for major BMW service and repairs. Just make sure the manufacturer’s warranty covers the entire lease term and the number of miles you’re likely to drive.

What Maintenance Expenses are Lessees Responsible for?

Generally speaking, the lessee is responsible for the costs of maintaining the vehicle during the contract period. This means common expenses such as insurance, oil changes, tire rotations, and other costs for regular upkeep.

What Payments Could be Due at the End of a Lease?

At the end of your lease, you may be charged for excess mileage, or any damage done to the car. When you sit down with our BMW financing specialists, we’ll clearly explain all of the fees you may be responsible for when the lease is over.

Lease a BMW Car Today

Now that you’re aware of the important leasing questions to ask, visit our nearby BMW dealership in Wesley Chapel, FL and test drive your favorite luxury models. We’ll help you find the perfect car and lease deal for your lifestyle, budget, and short- and long-term goals.