BMW of Meridian

Buy vs Lease in Meridian, MS

Buy vs Lease in Meridian, MS

Our Finance Department is Here to Help!

Sales Hours

601-255-8569
Monday 8:00 am - 6:00 pm
Tuesday 8:00 am - 6:00 pm
Wednesday 8:00 am - 6:00 pm
Thursday 8:00 am - 6:00 pm
Friday 8:00 am - 6:00 pm
Saturday 8:00 am - 5:00 pm
Sunday Closed

Though many drivers are still under the impression that financing a purchase is the only way to acquire a vehicle, an alternative path has been steadily gaining popularity throughout the past few years—leasing. Both avenues present different pros and cons, so the expert team at BMW of Meridian is here to explain how they break down. That way, you’ll be able to decide with greater confidence which plan best suits your individuals needs and lifestyle!

What is a Lease?

You might be wondering what a lease even is, so we’ll start things off by diving a bit deeper into this avenue. When you choose to pursue a lease, you’re essentially borrowing the vehicle for a specified amount of time with a set mileage allotment each year. Since you get to decide how long the lease lasts and how many miles you can drive, you have more control over your own destiny. Plus, the major benefit here is that your monthly rate will be more affordable than with a traditional car loan, since you’re not on the hook for its full value. However, you don’t get to own the BMW at the end of the term.  

Financing

While you may not have been familiar with leasing, there’s a strong chance you know about financing. To review, this route involves paying off the sticker price of a vehicle over the course of a few years with the goal of eventually owning it once the loan has been fulfilled. Although the BMW will be yours to keep at the end of the four- to six-year financing period, you’ll be shelling out more each year compared to leasing. Furthermore, if you’d like to change things up with a different ride, you’ll have to go through the process of selling or trading-in your vehicle, which may take some time.  

Which Path Is Best for Me?

So, which path is best? In the end, it comes down to your personal finances, lifestyle, and other factors. For instance, if funds are a bit low but you still want to drive a new vehicle, then leasing might be the better option. Moreover, individuals who are only interested in being in command of a certain set of wheels for a short-term period should also give some thought to leasing. On the other hand, if owning your car is your primary goal or you want to keep it for a long time, then you might want to pursue a traditional car loan.

We hope that this overview has shed some light on the subject of deciding to buy vs lease in Meridian, MS. For more information about these plans, contact the knowledgeable staff at BMW of Meridian by dialing 833-553-0042. We look forward to speaking with you!


Contact Information


Dealership Information

Testimonials

Gresham Griffin
Gresham Griffin
GOOGLE
12-6-2019
Full Star Full Star Full Star Full Star Full Star
shunda horne
shunda horne
GOOGLE
12-6-2019
Full Star Full Star Full Star Full Star Full Star
Peggy O'Connell
Peggy O'Connell
GOOGLE
12-6-2019
Full Star Full Star Full Star Full Star Full Star
Donnie Bolton
Donnie Bolton
GOOGLE
11-25-2019
Full Star Full Star Full Star Full Star Full Star
Joyce Neal
Joyce Neal
GOOGLE
11-22-2019
Full Star Full Star Full Star Full Star Full Star

George is always a pleasure to assist me when I need something at BMW. BMw are you aware of the value this employee adds to your company. He is always professional, has a smile on his face and willing to assist you. Good customer service is hard to find these days.

Jennifer Donald
Jennifer Donald
GOOGLE
11-22-2019
Full Star Full Star Full Star Full Star Full Star
Joshua Redmond
Joshua Redmond
GOOGLE
11-15-2019
Full Star Full Star Full Star Full Star Full Star
James Jones
James Jones
GOOGLE
11-12-2019
Full Star Full Star Full Star Full Star Full Star
Melanie Johnson
Melanie Johnson
GOOGLE
11-7-2019
Full Star Full Star Full Star Full Star Full Star
Stephanie Gannon
Stephanie Gannon
GOOGLE
11-6-2019
Full Star Full Star Full Star Full Star Full Star
Dena Vickers
Dena Vickers
GOOGLE
11-2-2019
Full Star Full Star Full Star Full Star Full Star
NICHOLE WALKER
NICHOLE WALKER
GOOGLE
11-2-2019
Full Star Full Star Full Star Full Star Full Star
teenteenchinese Wang
teenteenchinese Wang
GOOGLE
10-26-2019
Full Star Full Star Full Star Full Star Full Star
Derrick Burgess
Derrick Burgess
GOOGLE
10-24-2019
Full Star Full Star Full Star Full Star Full Star
Daphne Bridges
Daphne Bridges
GOOGLE
10-19-2019
Full Star Full Star Full Star Full Star Full Star
audra davis
audra davis
GOOGLE
10-18-2019
Full Star Full Star Full Star Full Star Full Star
Rose Evans
Rose Evans
GOOGLE
10-17-2019
Full Star Full Star Full Star Full Star Full Star

Took my car to have low dim lights checked and the cost was under a 100 bucks and I was in and out in less than hour. Great service great team and they saved me a few bucks as well. Love it .

Helena Wells
Helena Wells
GOOGLE
10-16-2019
Full Star Full Star Full Star Full Star Full Star

Haley and George are wonderful. They will go out of their way to help.

Jack Massey
Jack Massey
GOOGLE
10-16-2019
Full Star Full Star Full Star Full Star Full Star
Charles Miles
Charles Miles
GOOGLE
10-16-2019
Full Star Full Star Full Star Full Star Full Star
Tom Keith
Tom Keith
GOOGLE
10-16-2019
Full Star Full Star Full Star Full Star Full Star

Staff is professional and knowledgable of the BMW product They make the buying experience a pleasure. They also follow up with you after the sell and provide valuable information to help you understand the technical aspects of your new vehicle.

Newton Flying Club
Newton Flying Club
GOOGLE
10-16-2019
Full Star Full Star Full Star Full Star Full Star

They are always prompt and efficient

Sharon Ianne
Sharon Ianne
GOOGLE
10-13-2019
Full Star Full Star Full Star Full Star Full Star
Dee Millz
Dee Millz
GOOGLE
9-14-2019
Full Star Full Star Full Star Full Star Empty Star

Top quality handling with performance for your pleasure. Get supercharged or turbocharged with DOHC with the M Sport package. Enjoy life now.

Deborah Andrews Knott
Deborah Andrews Knott
GOOGLE
8-8-2019
Full Star Full Star Full Star Full Star Full Star

Love

Justin Jordan
Justin Jordan
GOOGLE
7-6-2019
Full Star Full Star Full Star Empty Star Empty Star
Dallas Bates
Dallas Bates
GOOGLE
6-13-2019
Full Star Full Star Full Star Full Star Empty Star
Alfred Chapman
Alfred Chapman
GOOGLE
6-7-2019
Full Star Full Star Full Star Full Star Full Star
Lula Smith
Lula Smith
GOOGLE
5-14-2019
Full Star Full Star Full Star Full Star Full Star
Joann Ellis Tyson
Joann Ellis Tyson
GOOGLE
4-23-2019
Full Star Full Star Full Star Full Star Full Star

Thinking about it.

Linda Norman
Linda Norman
GOOGLE
3-19-2019
Full Star Full Star Full Star Full Star Empty Star
C M
C M
GOOGLE
3-12-2019
Full Star Full Star Full Star Full Star Full Star

Friendly sales representative

Paul Spencer
Paul Spencer
GOOGLE
2-26-2019
Full Star Full Star Full Star Full Star Full Star
Debra Williams
Debra Williams
GOOGLE
2-22-2019
Full Star Full Star Full Star Full Star Full Star
Jim
CARGURUS
2-2-2019
Full Star Full Star Full Star Full Star Full Star

I was very pleased with my dealings with this dealership. They provided answers to all my questions in a reasonable amount of time since we were communicating via email.

Isaiha Bady
Isaiha Bady
GOOGLE
1-25-2019
Full Star Full Star Full Star Full Star Full Star

Xxxxxxxxxx

MichBadger
CARGURUS
1-21-2019
Full Star Full Star Full Star Full Star Full Star

Bought from out of state. Buying process and delivery went flawlessly. Would definitely consider again.

GuruBHX22
CARGURUS
1-14-2019
Full Star Full Star Full Star Full Star Empty Star

Very nice and contacted immmediately. Truck sold before I could view it.

Jack Holland
Jack Holland
GOOGLE
1-3-2019
Full Star Full Star Full Star Full Star Full Star

Geo Miller gave me all the info I needed when I called. I could tell even over the phone that this guy shoots straight. I'm not easy to impress but George and BMW of Meridian gets 5 stars!

Richard Lancaster
Richard Lancaster
GOOGLE
12-23-2018
Full Star Full Star Full Star Full Star Full Star

The general manager is one of the nicest people you'd ever want to meet for someone who works at car dealership most people think of general managers is the guy who counts the pennies tries to sell you the undercoating and tries to add the extra things to the contract so that you spent a little bit extra more but their general manager is there to help you get precisely what you want he doesn't try to pressure you into buying anything extra of what he does doing is he make sure that when you leave that lot that you are 100% satisfied

William Harper
William Harper
GOOGLE
11-12-2018
Full Star Full Star Full Star Empty Star Empty Star
Regi Moore
Regi Moore
GOOGLE
10-25-2018
Full Star Full Star Full Star Full Star Full Star

I really like they way the staff are never too pushy. They are always very helpful.

allen barnhardt
allen barnhardt
GOOGLE
10-16-2018
Full Star Full Star Full Star Full Star Empty Star
Jennifer
CARGURUS
10-13-2018
Full Star Full Star Full Star Full Star Full Star

Guy contacted me immediately

John Thomas
John Thomas
GOOGLE
10-3-2018
Full Star Full Star Full Star Full Star Full Star

Great parts and service department!!!

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