For many drivers in Northern California, the BMW is the most luxurious vehicle they can imagine driving. Not only is the BMW synonymous with the word "luxury," but they are well-known for being fun vehicles to drive. One of the ways that you can experience the thrill of driving a BMW in Sacramento is through leasing one instead of buying. If you are not sure if leasing is the right step for you, our staff at BMW of Chico will be happy to help share with you the benefits of leasing a BMW.
A primary reason Chico commuters lease BMWs instead of buying them is because a BMW will start to depreciate in value the minute that you drive it off of the car lot. The price that you pay for a new vehicle will always be more than you will be able to get back from selling it, because the value of the car will continue to go down. If you lease a new BMW, you do not have to worry about the depreciation value because you will only be paying for the use of the vehicle, not the full cost of the BMW.
Cost is another reason that people will typically decide to lease instead of buy. When you decide to buy a BMW, you will likely save money. As a luxury vehicle, purchasing a BMW tends to require a larger down payment and a higher overall financial cost due to the loan and interest rate you will be paying. In contrast, lease payments tend to be lower than car payments, especially for luxury vehicles.
A final benefit to leasing a new BMW instead of purchasing it is the fact that you will be covered under the manufacturer's warranty for the entirety of the lease. A new BMW comes with four years or 50,000 miles of protection from bumper to bumper. As a result, you will only have limited maintenance costs for your brakes, wipers and tires.