We get a lot of different drivers in our luxury car dealership, which is why we offer BMW leases and auto loans to each of our customers. However, many of our visitors at BMW of El Cajon ask us which option might best fit their needs, leasing or buying.

The Basics of BMW Leases and Auto Loans

Let’s start off with the basics. Auto loans are long-term agreements where a driver agrees to pay off the total value of a vehicle. On average, an auto loan can last around 69 months, but you can find an auto loan payment plan that has a term of up to 84 months.

No matter the length of your auto loan, though, you’ll be given the freedom to drive and modify your car as you please. However, auto loans are long-term agreements, meaning you may miss out on some of the latest auto features and technology as the years go by.

This is where an auto lease excels, as auto leases are relatively short. On average, an auto lease can last from 1 to 3 years. At the end of the lease, you’ll be able to return the vehicle to the dealership and sign for another lease on a brand new BMW brand vehicle. Auto leases do come with their stipulations though, as you’ll be unable to modify the vehicle, and will likely have to pay for excessive wear and tear at the end of the lease.

That being said, neither option is better than the other, as at the end of the day it all comes down to what you’re looking for.

Buying and Leasing at Our BMW Dealership

Whether you’re looking to lease or buy, our sales team at our El Cajon, CA BMW dealership are here to help. At BMW of El Cajon, you can expect a premium buying experience from start to finish.