Taking advantage of BMW lease specials in Los Angeles can get consumers into a luxury automobile at a lower price than they would pay for buying one. This is a distinct benefit of leasing, but there are others to consider as well.
Lower Payments
Leasing requires a down payment just as buying does. However, for customers who would be financing the purchase, monthly lease payments are lower for the same vehicle.
Frequent Vehicle Changes
Men and women who lease cars typically can change vehicles more often. Most contracts are written for 12 to 36 months. In contrast, when people buy a new automobile, they keep it for six years on average. BMW lease specials in Los Angeles allow consumers to enjoy driving a new car every year if they would like.
The Option to Purchase
Another possibility is buying the vehicle at the end of the contract. People often do this if they love the automobile and are entirely comfortable with it. They can finance the remaining amount or pay for it in cash.
The Warranty
A warranty covers all maintenance and repairs to moving parts. That’s another money-saving aspect. The warranty excludes collision damage. Most warranties also exclude parts that are normally susceptible to wear and tear. Examples include hoses, belts, lights and tires.
Important Considerations
It’s important to consider one’s driving habits when thinking about leasing. The contracts have mileage limitations of 10,000 to 15,000 miles. At the end of the contract, customers are charged per additional mile beyond that number.
