How Long Should I Lease a BMW?

Leasing is becoming an increasingly popular way to get behind the wheel of the newest BMW cars, thanks to the lower monthly payments, less commitment, and the ability to drive the newest models when they are released. When you lease a BMW, one of your biggest decisions is how long the lease should be. There is no hard and fast answer to the “best” lease length, but our finance professionals are happy to provide guidance.
Common Lease Lengths
Depending on your individual needs, a BMW lease can last anywhere from 24 to 60 months. The most common lease terms are 24 and 36 months, due to the fact that most car warranties expire after one year.
Although the majority of lease terms are in one-year increments, you may notice that some manufacturers offer odd lengths like 27 months, 39 months, and 42 months. The thing to watch out for with these lease terms is state registration costs. If you registration expires after 36 months into a 39-month lease, you’ll have to re-register for just three months.
What is the Ideal Lease Term?
Many BMW finance experts recommend a 36-month lease — it’s a good amount of time to get your fill of a new BMW model and then experience the new features in a newly released model when your lease ends. Plus, in three years, lessees will likely never need to pay for new tires, brakes, or other types of BMW repairs. Remember that no matter your lease term, you are subject to yearly mileage limits.
Explore our rotating BMW lease offers here at BMW of Northwest Arkansas. Our friendly finance representatives are happy to explain how leasing works. Contact our Bentonville, AR dealership today!
0 comment(s) so far on How Long Should I Lease a BMW?