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

You have opted out of text and phone communication from BMW of Meridian. If you would like to receive text messages or phone calls from the dealer, please select "Opt In" below, otherwise select "Opt Out".

Opt In or Opt Out

Dealership Information

Testimonials

Wesley Pickens
Wesley Pickens
GOOGLE
1-14-2020
Full Star Full Star Full Star Full Star Full Star
Oya Hampton
Oya Hampton
GOOGLE
1-14-2020
Full Star Full Star Full Star Full Star Full Star
ROBERT CATER
ROBERT CATER
GOOGLE
1-14-2020
Full Star Full Star Full Star Full Star Full Star
Thip Rawson
Thip Rawson
GOOGLE
1-14-2020
Full Star Full Star Full Star Full Star Empty Star
Brent Mayes
Brent Mayes
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star
Learnard Dickerson
Learnard Dickerson
GOOGLE
1-9-2020
Full Star Full Star Full Star Full Star Full Star

Highly professional and very much Customer Focused for the long term relationship!

Ada Mcgrevey
Ada Mcgrevey
GOOGLE
1-8-2020
Full Star Full Star Full Star Full Star Full Star

Two generations of our family have bought BMWs from BMW of Meridian. The professionalism, knowledge, and service we receive from them has earned our respect and trust. George in service, Chris and Clint in sales are people who do their utmost best to take care of their customers . Thank you

Juwanza Benn
Juwanza Benn
GOOGLE
1-8-2020
Full Star Full Star Full Star Full Star Empty Star
Hillary Finney
Hillary Finney
GOOGLE
1-3-2020
Full Star Full Star Full Star Full Star Full Star
Elizabeth Fox
Elizabeth Fox
GOOGLE
1-2-2020
Full Star Full Star Full Star Full Star Full Star
Angie Wilkinson
Angie Wilkinson
GOOGLE
12-30-2019
Full Star Full Star Full Star Full Star Full Star

The service was great!

Les Pogue
Les Pogue
GOOGLE
12-30-2019
Full Star Full Star Full Star Full Star Full Star

Quick and friendly service

Arvis
CARGURUS
12-28-2019
Full Star Full Star Full Star Full Star Full Star

I called the dealership after no response to my inquiry. They indicated that they had not received the original message. Very helpful once contacted via phone. Prompt attention to inquiry with details provided and questions answered. Purchased vehicle with 8,503 miles. As a courtesy, it was delivered to me on the night of purchase. This was an awesome convenience as the distance to the dealership is greater than 200 miles. Very satisfied thus far. Would definitely recommend and use their services in the future.

Eddie Alford
Eddie Alford
GOOGLE
12-28-2019
Full Star Full Star Full Star Full Star Empty Star

One of the best experience I had in buying anything quick and easy

Al Gindhal
Al Gindhal
GOOGLE
12-27-2019
Full Star Full Star Full Star Full Star Full Star
Aamir Hashmat
Aamir Hashmat
GOOGLE
12-20-2019
Full Star Full Star Full Star Full Star Empty Star
Mary Jones
Mary Jones
GOOGLE
12-20-2019
Full Star Full Star Full Star Full Star Full Star
All Things Ly’More
All Things Ly’More
GOOGLE
12-19-2019
Full Star Full Star Full Star Full Star Full Star
GuruKLPBX
CARGURUS
12-12-2019
Full Star Full Star Full Star Full Star Full Star

Very responsive and thoughtful communication.

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
Read More