Car Lease Or Auto Loan, Which One’s Best For Me?

May 22nd, 2019 by

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Discover BMW financing options at our BMW dealership in Columbia, SC.

Car Lease Or Auto Loan, Which One’s Best For Me?


We Are Your BMW Financing Headquarters

If you’re not sure whether a car lease or car loan is right for you, we can help. Your preferred BMW dealer offers a great selection of new luxury BMW vehicles, including popular models such as the 3 Series, 4 Series 5 Series, M Series, X Series and more.

BMW of Columbia is proud to be your BMW Financial Services headquarters, serving drivers from Irmo, Lexington, Columbia and the surrounding areas in South Carolina.

Advantages Of A Car Lease

Leasing your next vehicle at our premier Columbia car dealer can be a great way to reduce the cost of driving new. This is because when you lease, you are only paying the current depreciation of the vehicle, making your monthly payments more affordable compared to when you get a car loan. Another advantage is your ability to exchange or upgrade to newer models once your lease term has ended.

Plus, you can take advantage of special lease incentives offered by the manufacturer, even if you have a less-than-perfect score. This is something that you may not be able to do when buying your BMW with auto financing since these terms are generally longer term and require drivers to have a more long-term plan for how they are going to pay for their new vehicle. If you have any questions regarding car leases, visit our finance center today and we’ll be more than happy to help.

Advantages Of An Auto Loan

Like leasing, auto financing your luxury vehicle has many advantages. One of the main advantages is putting equity toward your investment through your monthly payments. Owning your BMW also gives you the added advantage of selling your vehicle. This is something that can’t be done with leasing since it is essentially a long-term form of renting a vehicle.

Another thing you don’t have to worry about is sticking to the terms and conditions that generally come with a car lease. When you choose BMW financing, you are not subject to excessive mileage or wear and tear fees because you are paying to own your new car. You can also better plan how you are going to finance and pay for your new investment. Buying usually means longer available terms and lower interest rates, which can significantly lower the cost of owning your new BMW.

Get Personalized Help With BMW Financing & Leasing

If you’re looking to finance or lease a new BMW in Columbia, SC, your preferred luxury BMW dealer is here to help. Our staff of seasoned finance experts can help you determine what loan amount, loan term, annual percentage rate, and monthly payment is best for you, regardless of your credit report or credit score.

Our dealership offers an extensive selection of luxury and performance models with BMW financing options to fit every budget. Choose from our lineup of new BMW sports cars, sedans, crossovers, and SUVs and test-drive your favorite today. While you’re here be sure to ask one of our representatives about any special offers and information on your preferred model.

Stop by BMW of Columbia today to get answers to all your BMW financing questions. Our luxury BMW dealership is conveniently located at 250 Killian Commons Parkway in Columbia, SC.

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