BMW of Crystal Lake

Benefits of Leasing and Financing at BMW of Crystal Lake

Benefits- of -Leasing

We?re often asked an important question about looking at a new vehicle: Should I lease or finance my new car?

We usually tell our customers that it depends on their current financial situation and personal preferences. To help you better understand the differences between leasing and financing a car, we?ve created a brief outline below.

Key Differences Between Leasing and
Financing.

Benefits of leasing your next vehicle:

  • Lower monthly payments
  • Lower or no repair costs due to factory warranties
  • Lower or no down payment
  • Sales tax is only applied to the portion of the car you finance
  • It?s easy to upgrade to a different model at the end of your lease

Potential drawbacks of leasing:

  • There may be mileage and customization restrictions
  • The vehicle must be returned to the lessor at the end of the agreement

Benefits of financing your next vehicle:

  • There are no mileage restrictions
  • There are no customization restrictions
  • You will own the vehicle at the completion of payments

Potential drawbacks of financing:

  • More costly monthly payments
  • Higher upfront costs
  • Maintenance can be more expensive

Lease or finance your next vehicle from BMW of
Crystal Lake.

The finance team at BMW of Crystal Lake is dedicated to providing you with the most positive experience possible. Whether you decide to lease or finance, our knowledgeable staff will work with you every step of the way. Remember to check out our available financing and leasing offers to see if there?s a deal on any vehicles that appeal to you.

BMW of Crystal Lake is located on 360 N Route 31 in Illinois, just a short drive from Chicago, Barrington, and Schaumburg. If you have further questions, feel free to contact us .

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