Should I Purchase or Lease My BMW?

Buying VS. Leasing Your Next BMW

When the time comes for a new vehicle there are two routes to consider: buying or leasing. There are many pros and cons to consider for each option, all of which will be dependent on your personal preferences and financial situation. If you’re trying to decide whether you should purchase or lease the new BMW you’ve had your eyes on, let the experienced team at Serra BMW Champaign show you the benefits of both options.

Why Should I Lease a New BMW?

Leasing a new vehicle usually requires a contract that lasts either 36 or 48 months. Once this period is over, you are required to return the vehicle to the dealership. At the end of the lease period, you have the option to either purchase the vehicle that you have been leasing or return the vehicle and upgrade to a new BMW. Because of this, leasing is a great option for those who enjoy having the latest and greatest vehicle. If you lease a BMW from us, we offer incredible lease incentives that can help you receive low monthly payments and a potentially lower down payment on your vehicle.

Benefits of leasing a BMW include:

• The ability to upgrade to a new BMW at the end of each lease period
• 36 month BMW warranty covering necessary repairs
• Minimal maintenance on your vehicle other than routine maintenance
• Can be written off as a taxable business expense
• Useful if you are planning to only drive around Champaign and use minimal miles on your vehicle
• GAP protection provided with the Ultimate Lease

Why Should I Buy a New BMW?

One of the most important financial decisions you can make is buying a new car. At Serra BMW Champaign, we love making that dream become a reality. The financial experts at our BMW dealership offer flexible financial incentives and loan options for purchasing a new BMW. A major benefit to buying a new BMW vehicle is that there are no mileage restrictions, drive it however much you want. When buying a BMW you are not tied down to a lease contract, meaning you can sell or trade your vehicle whenever you want. If you are okay with spending more monthly, buying may be the overall better choice for you. Those who value getting the most out of their vehicle for as long as possible should consider buying a new BMW rather than leasing.

Benefits of purchasing a BMW include:

• The ability to modify the vehicle and install accessories without breaking the terms of a lease contract
• No mileage restriction for those BMW drivers who enjoy traveling
• The ability to sell or trade-in your BMW whenever you want
• The vehicle is yours to keep for as long as you choose
• Acquire equity in the vehicle over time

Shop Our BMW Inventory at Serra BMW Champaign

Regardless of which option you choose, Serra BMW Champaign is here to help you along the way to get you behind the wheel of your new BMW. Our experienced financial professionals have all the necessary tools on our website to get you started on your journey. If you’ve decided to purchase your BMW, be sure to fill out our finance application online to save you time at the dealership. If you’re looking to lease, be sure to check out our current incentives to see how you can save. Once you’ve made the decision that works best for your lifestyle, visit our Champaign dealership to get started on your journey!