So you have chosen the BMW of your dreams, now your number one priority is getting it home as Quickly as possible. Our goal at BMW of Murray is to facilitate the process of financing your vehicle for you.
We are committed to making sure you are fully aware of all of the finance options that are available to you. We want to have the solutions for you whether you chose to lease or purchase your car. We stay current and up to date with all of the latest finance offerings both from BMW Financial Services as well as the local Credit Unions and Banks. For your convenience we have provided an online pre-approval program which makes it simple and easy to find the best financing for you new BMW.
Protect Your Investment
Tire and Wheel Hazard Protection
Protect your tires from puncture or other road hazards as well as your wheels. Have you ever scraped a curb and ruined the finish in your wheel? Hit a pot hole? Or a bent a rim as well as a damaged tire? With our Tire and Wheel Hazard Protection program you can have your curbed wheels repaired and your bent and damaged rim and tires replaced. No out of pocket expense in the service department. We handle all of the paperwork. And it's good anywhere you (and your car) are. Ask a client advisor to protect your wheels and tires on your new car.
Gap Coverage
Protect yourself from the financial burden of a total loss situation by covering the gap between the insurance settlement and the balance of your loan. In the event of your vehicle theft or accident that results in the total loss of your vehicle, most insurance companies only reimburse you for the market value of the car. This, along with the deductible, can create a significant gap between what the insurer will pay you and the balance owed on the loan. Gap Protection covers you for the term of the loan so you can drive with confidence. Be sure and have your client advisor tell you all about the advantages of Gap Protection.
BMW Maintenance Upgrade
Your new BMW comes with Ultimate Service. A 4 year 50,000 mile warranty which covers your maintenance. What happens if you need more? Simple, BMW of Murray can upgrade your maintenance up to 6 years or 100,000 miles from the original in service date. Make sure you Talk to your client advisor about getting a BMW maintenace upgrade on your new BMW.
If you have any questions about financing your new vehicle from BMW of Murray or you would like to know more about the protections we offer your car, simply fill out the form below with your contact information and we will call you with all the information you need.
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
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Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
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Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
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Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
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Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
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Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
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Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.