If you’re looking for an electric BMW model, you don’t necessarily need to buy one, as a BMW lease could actually be a better option for you. Here you will learn about the many benefits of leasing an EV at BMW of Catonsville.
Lower Monthly Payments
When you lease a car, it’s your monthly payments will be lower than if you purchase it. When financing, your monthly payments reflect its full value. With a lease, you’re only paying for the value of the vehicle over the course of the lease period.
Going electric only amplifies these cost benefits. Certain electric models may be eligible for federal EV lease credits up to $7,500. Plus, the cost of ownership is lower for electric models since they don’t require gasoline and they typically need less maintenance.
No Long-Term Financial Commitment
One of the biggest advantages of leasing is that you aren’t tied financially to one car for very long. Once your lease term ends, all you have to do is return the vehicle to the dealership. Leasing is a great option if you want to try out electric driving without committing to a vehicle.
Variety of Lease-End Options
Leasing also provides you with a lot of choices. In addition to returning the car back to the dealership, you can also sign a new lease to keep driving it for a while. You may also want to think about leasing a newer model or perhaps a different type of vehicle. And if you love the car and want to own it, you will have the option to then start the financing process.
Lease an Electric BMW at BMW of Catonsville
If you are ready to lease an electric BMW model, come down to BMW of Catonsville to check out our inventory. We can also talk to you about our current lease offers and promotions.