Although it may not be in the forefront of your mind while browsing with bright eyes through our selection of BMWs, it’s important to consider leasing and financing and the benefits of both.
Here, at BMW Kingston, we offer an array of both leasing and financing options that are guaranteed to fit anyone and everyone’s lifestyle.
Let’s start by discussing the difference between leasing and financing and the benefits of each one, so that you can decide which one is best for you.
If you’re looking for a set period of time that your payments will span over – then financing is for you. In the end you’ll be responsible for the maintenance and the resale of your own car – but BMWs hold one of the best resale values on the market.
- Standard Lease
There are a lot of perks that come with the territory of leasing a car. There are the usual suspects such as the simplicity of upgrading to a newer model once your lease is up and also you usually don’t have to worry about regular maintenance of your BMW because it is often covered under your lease.
No one can compare to our amazing flexibility on kilometre allowance in your leasing contract. A standard contract will come with 24,000 km allowance with the option to either select a lower or higher option – perfect for city drivers or long distance commuters.
Another major benefit in the world of leasing a BMW is that you don’t have to worry about your car depreciating. Not only are you getting more care for less with a cheaper monthly payment than with financing, but also you’re only paying the difference between the original price of the vehicle and the residual value.
It’s also worth mentioning that at the end of your lease you have the option of purchasing your BMW if you’ve fallen in love with it and want to stay behind the wheel. If this is the case you will only have to pay the residual value of the vehicle.
- Standard Lease
- Single Payment Lease
- Multiple Security Deposit Lease
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