BMW Lease End Options: What is best for you and what to avoid

 

Is your BMW lease approaching its final months? If so, now is the perfect time to start thinking about your next steps. Whether you're near Columbus, GA or live in nearby areas like Auburn, Opelika, or Newnan, you have several flexible choices when your lease ends. Depending on your driving habits, lifestyle, and budget, one option may stand out more than others.

Here's a breakdown of your BMW lease-end options to help you make the best decision:

Option 1: Return Your Leased BMW

This is an ideal choice if you:

·       Are ready for a change and want to drive a different vehicle

·       Plan to finance or purchase a new, pre-owned, or Certified Pre-Owned (CPO) BMW instead of leasing again

Option 2: Purchase Your Leased Vehicle

Consider this route if you:

·       Love your current BMW and want to keep it long-term

·       Prefer to transition from leasing to owning, especially since you already know the vehicle's history

Option 3: Lease a New BMW from Our Columbus, GA Dealership

This is a great option for drivers who:

·       Want to continue driving a BMW but would like to upgrade to the latest model

·       Appreciate lower monthly payments and access to new lease specials on both new and certified used BMW vehicles

·       Typically drive fewer miles each year, which aligns with most lease agreements

 

Why Leasing a BMW in Alabama or Georgia Makes Sense

Leasing a car-especially a luxury vehicle like a BMW-offers a number of unique benefits, particularly for drivers in Georgia and Alabama. Here are some advantages to consider:

1. Lower Monthly Payments
 Even with slight increases in lease pricing, monthly payments are still generally lower than purchasing a vehicle outright.

2. Pre-Set Purchase Price at Lease-End
 The residual value (the price you can buy your vehicle for at the end of the lease) is established at the start. If your car's market value is higher than the residual, that's instant equity.

3. Drive a New Vehicle Every Few Years
 Enjoy the latest technology, safety features, and performance upgrades without the long-term commitment of ownership.

4. Lower Sales Tax
 In most cases, you'll only pay sales tax on the lease payments-not the full price of the car. In Georgia, that means significant savings compared to purchasing a $60,000 vehicle upfront.

5. Fewer Maintenance Worries
 Because you're driving a newer vehicle, you're less likely to deal with major repairs. Some leases even include scheduled maintenance as part of the deal.

 

Things to Consider Before Leasing a Car in GA or AL

While leasing has many benefits, there are a few considerations:

Mileage Limits
Most leases include annual mileage caps. Georgia drivers average about 18,334 miles per year-higher than many other states. Be sure to estimate your driving habits upfront and choose a lease that offers the right mileage allowance. If you exceed it, you could face additional fees.

 

We're Here to Help with Your BMW Lease-End Decision

No matter which path you choose-returning your lease, purchasing your current BMW, or starting a new lease-our team at BMW of Columbus is ready to assist. We proudly serve drivers throughout Georgia and Alabama, including Auburn, Opelika, and Newnan.

Even if you leased your BMW elsewhere, you're welcome to return it here. Contact our BMW lease specialists today to review your lease-end options, browse our current BMW inventory, or schedule a lease return appointment. Let us help you make your next move with confidence.

 

Regardless of which lease option fits your lifestyle and budget best, we would love to help you get in a new or used BMW luxury SUV or car.  If you would like to return your current lease, browse our inventory to find a new BMW, or a new-to-you car or SUV before turning in your lease with us. If you would like to purchase the vehicle or work out another lease plan, we can certainly help with that too.

Additionally, if you have a leased BMW and simply want to turn it back in when nearing your lease term end, we will happily help you turn in your BMW lease, even if you didn't purchase it with us originally. Contact us today to discuss your leasing or financing options.