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

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
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
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!!!

Loni Burks
Loni Burks
GOOGLE
9-17-2018
Full Star Full Star Full Star Full Star Full Star

The service department is wonderful!!!

Adrienne Jennings-Shoemaker
Adrienne Jennings-Shoemaker
GOOGLE
8-17-2018
Full Star Full Star Full Star Full Star Empty Star
Kim Young
Kim Young
GOOGLE
8-17-2018
Full Star Full Star Full Star Full Star Full Star

Extremely friendly and helpful staff. They will do whatever it takes to take care of you.

Rongeo Jackson
Rongeo Jackson
GOOGLE
7-17-2018
Full Star Full Star Full Star Full Star Full Star

Great place lives up to their name Clint is the best have always deal with him on my car purchase.He's a man to trust if your needing a honest answer on your next car purchase.

GuruD8TWQ
CARGURUS
7-15-2018
Full Star Full Star Full Star Full Star Full Star

These guys are great!

Jp Ranch
Jp Ranch
GOOGLE
6-17-2018
Full Star Full Star Full Star Full Star Full Star

Excellent experience and many BMW's to choose from.

CARGURUS
5-25-2018
Full Star Full Star Full Star Full Star Full Star

Quick and thorough response!

Not pleased

KS
CARS
3-28-2018
Full Star Full Star Full Star Full Star Empty Star

My salesman was great, very helpful and did majority of everything over the phone. I took it back because of issues with my driver side headlight and the sales manager JW was very rude, unprofessional, accused me to being the reason the issue needed fixing and made very smart remarks (today isn’t the day). Everyone else was friendly but i wouldn’t buy anything else from them or recommend anyone simply because of him. One bad employee makes the whole dealership look bad.

Dawun Brinson
Dawun Brinson
GOOGLE
3-17-2018
Full Star Full Star Full Star Full Star Empty Star
David Smith
David Smith
GOOGLE
3-17-2018
Full Star Full Star Full Star Full Star Empty Star
Umekia
CARGURUS
2-22-2018
Full Star Full Star Full Star Full Star Full Star

Prompt and friendly

Cassandra Hosley
Cassandra Hosley
GOOGLE
1-17-2018
Full Star Full Star Full Star Full Star Full Star
H Shirley
H Shirley
GOOGLE
1-17-2018
Full Star Full Star Full Star Full Star Full Star

BMW Meridian service is great. George is awesome!

Donna Downey
Donna Downey
GOOGLE
1-17-2018
Full Star Full Star Full Star Full Star Full Star

We have owned BMWs for many years and this dealership (previously Sunbelt BMW) has always taken excellent care of us. On the rare occasions we had a problem it was always taken care of promptly. We have purchased two BMWs under the new ownership and the experience continues to be excellent. The service given at this dealership is one of the reasons we continue to do business here.

Marion Upchurch
Marion Upchurch
GOOGLE
12-17-2017
Full Star Full Star Full Star Full Star Full Star

I LOVE MY BMW. I have gone there for service intervals always greeted with a smile and friendly staff. The guys at the front service desk or superb and my tech Mark Fuller was awesome. Bmw are expensive but I recommend many of my friends to BMW not only for the ultimate driving machine but also the great service that BMW of Meridian offers. Waiting room offers tv, Wi-Fi, coffee, water, and reading material. The plus side is great service. Down side is I need more money to purchase a BMW M3 as a toy. Thanks guys again for awesome experience again.

Sherwin Gaddis
Sherwin Gaddis
GOOGLE
11-17-2017
Full Star Full Star Full Star Empty Star Empty Star

They need a new building to represent better

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