There are many factors to consider in financing your next car. Should you buy or lease?
Leasing often times lets you drive a higher priced vehicle for less money per month than buying, and you get to trade it for a new car after your lease agreement. Leasing, however, is more expensive in the long run than buying and holding on to the car. Since depreciation is highest during the first two years, it may be even better to buy a late model used the car and hold on to it. With a lease, mileage is limited, and you are more than likely expected to pay extra for mileage you go over.
If you are trying and looking to save money over several years, your choice should be to buy and keep the car for as long as it is dependable. With a purchase, you can do as you like with the car and there is no surcharge for damage or excess mileage.
Whether you decide you want to buy or lease, come down to the dealership and talk to us at BMW of Des Moines! We are looking forward to providing you with options.
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