Buying vs. Leasing
There’s a big difference between buying or leasing a BMW vehicle, and at BMW of Norwood, we’ve gone ahead to address this in our overview below. We want all our customers in Norwood, Westwood, and Dedham, MA, to know the difference between them so they can make an informed decision. Let’s read on to learn more about them both!
Our BWM Finance Center
The financial professionals who staff our finance center are here to make your car-buying journey streamlined. They’ll work with you one on one to secure the type of financing that works best for you, whether that is securing an auto loan or engaging in a lease. We want you to know we’re ready to help get you from admiring a BMW model to being behind the wheel as conveniently as possible.
To prepare you for this, we have a battery of online tools that we encourage you to utilize. They are:
- Credit Application: This allows you to apply for financing online beforehand and lets our team of experts get prepared for when you arrive at the center. A bonus advantage to this tool is that it cuts down the amount of paperwork you’d normally be responsible for filling out in the center.
- Payment Calculator: This helpful tool can help give you an estimate of what your monthly payments might be once you enter into a financing agreement.
- Trade-In Appraisal: After providing some basic information about the vehicle you’re looking to trade in, this tool will return an estimate of its worth and then ready it for its in-person inspection.
Using these tools can give you the jump-start you need to get rolling!
Advantages of Buying
One of the key advantages of buying your vehicle is that it’s completely yours. You’re free to customize it however you like to make it better reflect your style and personality. That sense of freedom continues into the places you travel to and from, as you won’t be bound by mileage limits or any other restrictions. Tear up the open road in luxury for the rest of your life.
Another significant advantage of buying, at least new models, is that you’ll be its first owner. This means you’ll get to experience an especially unique sense of peace of mind when driving.
When you’re an owner, you’re able to sell or trade in your vehicle. This is a great option if you’re looking to get a new car or make investments.
Advantages of Leasing
Common among drivers who lease is the major advantage of not owning. When you lease, you don’t have to concern yourself with the heavy responsibility of a long-term commitment. Since leases tend to have short lifespans, you’re able to come and go much more easily than if you own the vehicle.
Following on having short lifespans, leasing gives you the opportunity to drive the newest models with cutting-edge technologies installed. This is great for drivers who are devotees of the automobile and want a front-row seat to the future as it rolls out.
A final advantage is that a lease is easy to end. You could have many different options of how to complete your lease that involve everything from a simple drop-off to a re-leasing.
Schedule Your Test Drive Today!
Now that our customers in Norwood, Westwood, and Dedham, Massachusetts, have learned more about buying vs. leasing, it’s time to act! We want you to call today to test drive a BWM model for yourself at BMW of Norwood.