Leasing Vs. Buying a BMW in El Paso Texas
BMW of El Paso Answers: Should you buy or lease your new BMW?
Thank you for choosing your new BMW from BMW of El Paso. We understand how much work you’ve put into choosing your new BMW. But, before you put ink to paper, you may want to consider this question: Do you want to buy your new BMW or lease it?
You may be surprised to learn this isn’t a simple “yes” or “no” question. In reality, the benefits of leasing or buying a BMW from BMW of El Paso comes down to your driving preferences. For example, take a look at the table below for a sampling of the main differences between buying a leasing a BMW from BMW of El Paso:
Quick Overview: Buying vs. Leasing
BUYING |
LEASING |
Keep Your Car – Once it’s paid for, your BMW is yours for as long as you wish. |
Replace Your Car Every Few Years – When the lease is complete, you have to return the car to the dealer. |
Drive As Far As You Want – Drive across town or across the nation in your BMW |
Limited Mileage – Your mileage restrictions varies with the |
Replacing Your Old Car – When you’re ready for an upgrade, the responsibility of selling or trading in your old car is yours. |
No Hassle Upgrade – At the end of your lease, you can lease a brand-new car the same day. |
Fix It Yourself – When you need service or maintenance on your car, you take care of the cost. |
We Fix It For You – Routine maintenance and most repairs are covered by the lease agreement. |
Questions to Consider: Lease vs Buy
Once you’re familiar with these fundamental differences, there are some questions you need to ask yourself before deciding whether you should finance or lease your new BMW from BMW of El Paso. For example:
1. How often do you replace your vehicles
- If you prefer holding onto your cars for more than 5 years, you’ll want to finance your new BMW.
- If you enjoy driving a new car every 3 to 5 years, our leasing deals are right up your alley.
2. What types of monthly payments do you have in mind?
- Financing offers typically have a higher monthly payment depending on variables like down payment amount and credit ratings – however, once the loan is paid, the monthly payments are done.
- Leasing offers usually have lower down payment and monthly payment requirements than financing. However, if you like renewing your leases, you’ll be looking at perpetual car payments for as long as you choose to lease your vehicles.
3. What is your annual mileage on your vehicle?
- If you put usually drive less than 15,000 to 20,000 miles a year, you should consider leasing your new BMW.
- Do you typically put more than 15,000 miles on your car annually? Then we’d recommend a BMW purchase.
4. Do you like customizing your car?
- If you’re not into personalizing your vehicle with after-market accessories like new rims or a new paint job, you are a prime candidate for our leasing offers.
- But, if expressing yourself via auto-customization is a must, then we recommend buying your next BMW.
5. What are your automotive maintenance priorities?
- If you like to get your hands dirty when it comes to servicing or maintaining your vehicle, leasing probably isn’t for you.
- But, if you prefer having ASE Certified BMW technicians service and maintain your car, you’ll definitely want a lease agreement that covers most of your automotive service needs.
As you can see, there are many factors to consider when deciding on leasing or buying your new BMW from BMW of El Paso. So, bring all of your questions to our experienced sales and leasing agents and let them put their expertise to work for you. Shop us online or stop by our showroom at 6318 Montana Ave and experience customer service done right. Whichever route you choose, we are here to make it easy for you to get into your Ultimate Driving Machine from BMW of El Paso.
Visit Our BMW Dealership Leasing Deals | Leasing Vs. Buying | BMW of El Paso | 6318 Montana Ave El Paso, TX 79925
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Dec 12, 2019
Very pleased with the work done to my vehicle and my service adviser Sergio Perez. He is amazing. Thank you. Will keep coming back.
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Dec 12, 2019
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Dec 12, 2019
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Dec 12, 2019
In and out fairly quickly. Updated and provided transportation in the meantime. Thanks
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Dec 10, 2019
Great customer service provided by Ale. She kept me informed while my vehicle was in the shop. Provided a rental while I was out of town and the repair was being done. Best overall service experience at any BMW dealership.
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Dec 9, 2019
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Dec 9, 2019
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Dec 9, 2019
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Dec 5, 2019
I had a great purchasing experience with this dealer! The phone rep, Anaise (I believe that was her name) was kind and texted me my salesman contact info right away. My salesman, Jose Luis Negrete, was prompt to greet me as I walked though the door. He was EXTREMELY honest, communicative and professional through the entire deal. The Finance managers, Ismael & Armando, made the checkout process smooth and easy. The dealership itself is clean, modern and has a comfortable atmosphere.Overall, the entire dealer ran like a well oiled machine. They did an exemplary job at making me feel like ...
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Dec 5, 2019
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