Lease VS Financing a BMW | Commonly Asked Questions

Lease VS Financing a BMW | Commonly Asked Questions | BMW Northwest

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Күн бұрын

In this video Mackenzie and Larry go over some of the misconceptions, general facts and what you need know about leasing VS financing a BMW! This a little longer of a video for us but it's packed with a lot for valuable information. So sit back and enjoy Larry and Mackenzie's conversation on the 'need to knows' of leasing and financing a BMW at BMW Northwest!
If you have more questions or are unclear on some of the content please feel free to reach out. Give us a call 253-922-8700 or visit our website www.bmwnorthwest.com/

Пікірлер: 47

@esther4844 10 ай бұрын

Thinking of leasing because both my paid for cars seems to have problems every few months..I'm over the repairs!

@ionstorm01 Жыл бұрын

This was a fantastic video. I’ve never considered a lease before, but the gentleman broke down the differences, and advantages of financing vs leasing where it was easy to understand.

@christophermejia5998 6 ай бұрын

Trues, it made it super understandable for me as well!

@jakegutierrez2323 Жыл бұрын

Great video explaining it for the ppl who don’t understand the concept of leasing over finance.

@s3_292 Жыл бұрын

Fantastic information thank you

@nidog 4 ай бұрын

Great video. The gentlemen did a great job explaining everything. Really. Interesting. 😀

@DekiaryCarter 2 жыл бұрын

Great video! Thank you. I’m thinking about leasing the 2023 3 series.

@walibuca1 Жыл бұрын

Have you done it yet mate?

@abriyahyasha-rahla2656 Жыл бұрын

That’s it! I’ll be leasing my 2023 BMW😅

@iRapplexD 2 ай бұрын

Oh whoa very informative vid

@DMT-Brazil-Canada Жыл бұрын

Do we have to pay for the freight when leasing a BMW or just when financing? Please respond. Thanks

@MarcDowsen Жыл бұрын

Down payment in leasing is less than financing.. oh really? 😂yes Probably because you are renting the car without owning it

@Jayjewelerofficial Жыл бұрын

What if you get a lease and total loss the car in six months do you just abandon the monthly payments or are you still on the hook for the payments on a car you no longer have?

@oiskinhead Жыл бұрын

for leases, never pay upfront or bring big downpayment… if you total the car, you lose all that money… the bank/leasing company is made whole by insurance and gap…but you lose whatever you put upfront

@scoobdoo2008 Жыл бұрын

My question is at the end of the lease and want to buy. Are you buying the car ar the vaule it is after the 3 years or do you purchase it at the value it was when started the lease?

@sammyjiujitsu Жыл бұрын

You buy it at the current value of the lease termination

@turkwendell6904 11 ай бұрын

You pay whatever the residual value is of the vehicle if you want to buy it you can know what the residual value is before you even buy the car

@turkwendell6904 11 ай бұрын

@@sammyjiujitsu You buy it for whatever the residual value is there's nothing to do with whatever the current value is unless you're using current value as residual

@razorraysolarsavings70 2 жыл бұрын

Are there 2 year leases? And can you pay the entire lease upfront? Please answer. Thanks

@BMWNorthwest 2 жыл бұрын

Yes and yes! There are 2 year leases and you can pay the entire lease upfront if you so choose.

@DeejayRonsta Жыл бұрын

Paying up front wouldn’t be the smartest idea lol❤

@oiskinhead Жыл бұрын

for leases, never pay upfront or bring big downpayment… if you total the car, you lose all that money… the bank is made whole but you lose everything.

@zachbackar5389 11 ай бұрын

That's what I have always done because cars change so much in a few years that your better off.

@YesCivic-R 4 ай бұрын

Up front costs $800 application fee and return fee $400.

@elmin2323 Жыл бұрын

Novated lease or buy outright wity cash

@KyleMcDermott3 Жыл бұрын

Novated?

@michellepuccetti8852 5 ай бұрын

Can u extended your lease?

@sunshadow9704 3 ай бұрын

Depends on the brand. Some do up to six months, some don’t allow at all. BMW might allow 2 months.

@ironjohn5914 Жыл бұрын

I love my bugatti lease I get a new one every year!!!

@Beantowndude Жыл бұрын

Bugatti doesn’t lease!😂 you need an allocation just to get near one and to have an allocation from them you need a minimum of two Bugatti’s in your profile. Nice try though

@turkwendell6904 11 ай бұрын

That doesn't make sense on so many levels I had to come in 5 months later

@damienturner6368 11 ай бұрын

Snakes

@Russ-ex8so 7 ай бұрын

Credit for unused miles? That's a nonsense! There is no such thing.

@monique85 Жыл бұрын

It’s said that the average person drives 12000-15000 miles a year why is bmw giving 10000miles a yr

@sunshadow9704 3 ай бұрын

Who told you that. I drive 3K per year.

@Thracianbeatscrixus 3 ай бұрын

our last three leases were at 10k per year and we only drive 7-8K on average. Simple answer is that some people drive less than others and they shouldn't have to pay more per month for less use

@sunshadow9704 3 ай бұрын

@@Thracianbeatscrixus don’t

@rickm7209 3 ай бұрын

Avoid BMW if possible. My rear drive failed after 5000 miles. The $4000 bill was covered by warranty, but that will be up soon. Now, after 18 months, I am late on a payment. Tried to set up online payments 7 times, called the 800 number too. "BMW is experiencing technical difficulties at this time - Goodbye"