Looking into leasing a BMW 2 Series? Find answers below to the most frequently asked questions.
- How much is to lease a BMW 2 Series? It depends on the model - is it
BMW 230i or BMW M240i? Is it a coupe or convertible? Since our lease offers change monthly, the best way to find out
what the current BMW 2 Series lease offers are is to visit our lease page or if you want to deal directly with the only authorized BMW dealer in Wilkes-Barre, PA call (570) 338-6955.
- Can I lease a BMW 2 Series with 0 down? Yes, you can lease a BMW 2 Series
with $0 down. Keep in mind that $0 down doesn't necessarily
mean that you won't pay anything at signing. Our current BMW 2 Series
lease offers have $0 security deposit but require a down payment. To discuss a
BMW 2 Series lease with $0 payment, call our finance department at (570)
338-6955. To learn more about leasing a car with $0 check out What "$0 Down"Really Means.
- In addition to the down payment are there any other
fees that are due at signing? Yes, in addition to the down
payment due at signing you'll have to also pay first month's payment, license
and registration fees, taxes, document fees as well as an acquisition fee.
There's also a disposition fee at lease end which can be waived if another car
from the same manufacturer is leased. To learn more about the car lease
process, check out Beginner's Guide to Leasing a Car page.
- How do I tell whether or not I should lease or buy a
BMW 2 Series? One of the most important things
to consider when leasing a vehicle is mileage. If you drive more than 10 or 12k
miles a year, financing not leasing a new vehicle would be a better deal. For customers
that don't drive that many miles a lease is great because they get a new vehicle
with warranty every few years. For a more
thorough explanation check out our Leasing vs Buying - What's Better
article on our website.
- Is maintenance included in the lease payment? When you are leasing a new BMW 2
Series, the car is covered by manufacturer's original warranty which includes free
maintenance. The BMW maintenance program covers factory-recommended maintenance
services, including engine oil, engine filter, brake fluid, and spark plug
changes. To learn more, check out the official BMW
Ultimate Care page.
- Is there a limit on the miles driven per year? Yes, and it's specified in the
lease terms (36 months lease has 30,000 miles limit). There's an additional charge for every mile above the
limit which is also specified in the contract. Have more questions? Give us a
call at (570) 338-6955.
- Can additional miles be pre-purchased? Yes, additional miles can be
bought at a pre-agreed price at the beginning of the lease period. If you
expect to drive more buy miles in advance - it will cost less than paying for
extra miles at the end of the lease term. To learn more, check out our High-Mileage Lease page. If you already went over the mileage limit and are
wondering how to deal with it call us at (570) 338-6955.
- Is GAP insurance included in the BMW 2 Series lease? No, Guaranteed Auto Protection
(GAP) insurance in not included in the
monthly lease but the lessee can purchase it either from the dealer or a
different financial institution. The best way to find a good deal on GAP insurance
is to shop around.
- Can I purchase my BMW 2 Series after the end of the
lease period? Yes, you can purchase your BMW 2
Series at the end of the lease period at a pre-agreed price. To find out why it
may make sense for you to do so, check out our 5 Reasons to Buy Your Leased Car
article.
- Can a lease be ended early? Yes, things happen. No matter
what the reason is for you to get out of the lease, it is possible to do so by
paying the early termination fees. With that being said, there are things you
could do to minimize those penalties. For more details, check out our Early Lease Termination - What You Need to Know article. Still not sure how to deal
with it? Give us a call at (570) 338-6955 to speak with a leasing specialist.
- Can an expiring lease be extended? Yes, you can re-lease the BMW you are currently driving
while looking for a good deal on your next vehicle. This technically extends
your lease, but BMW refers to this as a re-lease
rather than an extension. To learn more about this option call BMW of Wyoming
Valley at (570) 338-6955.
- Can a BMW lease be transferred/assumed? In general, yes, the lease can be
transferred. With that being said, a lease
cannot be transferred with less than 6 payments remaining. Also, there's a $500
transfer initiation fee ($400 refundable if credit is turned down). There are
so-called swap lease sites that can help you deal with listing the vehicle and
all the paperwork that goes with transferring the lease.
- Can certified pre-owned BMW 2 Series vehicles be leased? Yes, you can lease a pre-owned
BMW, it's called CPO (certified pre-owned) leasing. All CPO BMWs come with a
bumper-to-bumper warranty that extends the factory warranty by two years. To
find out what the difference between pre-owned and certified pre-owned BMWs -
check out our Advantages and Disadvantages of Leasing a Used Car article.
- Will BMW lease with bad credit? It depends on your financial
situation, but it's doable. The best way to find out is to give us a call at
(570) 338-6955 and speak with one of our financing specialists. To learn more,
check out our article in leasing a car with bad credit.
What's Next? Check Out Our Lease Offers on New BMWs below or Give BMW of Wyoming Valley a Call to Speak with an Experienced Leasing Specialist.
AdChoices