Educating yourself on how financing works is a brilliant idea if you are looking for a new BMW X3 for sale and don't have the liquid cash on hand to buy it outright. The majority of car owners today have elected to finance their new BMW X3 because it's a big investment. We completely understand that. That's why we will explore some of the most commonly asked questions people have when it comes to financing a new BMW X3 Series.

Q: How much will I pay for a New BMW X3 in Wilkes-Barre, PA?

A: The price you pay for your new BMW X3 will depend on a number of factors. What BMW X3 model do you want? Do you have a trade-in and what is it worth? How much will you be using as a down payment on the new BMW X3? We don't mean to answer a question with more questions but the best course of action to take is finding out what your current vehicle is worth (if you have one) and visit our online inventory page to see what deals we currently have available on new, certified pre-owned and used BMW X3 models.

Q: What is BMW Select Financing?

A: BMW Select Financing bridges the gap between leasing and financing a new BMW X3 to give you the best of both worlds. Similar to a lease term, you will pay less on your new BMW X3 monthly payments but still have ownership of the vehicle. The caveat is a final balloon payment that will be assessed at the end of the financing term. This is how we are able to offer lower monthly payments on the new BMW X3 in Wilkes-Barre, PA. This number is negotiable and will be mutually agreed upon before you drive off the lot in your new BMW X3.

Q: What are the major differences between leasing and buying a new BMW X3 in Wilkes-Barre, PA?

A: The best piece of advice a person should consider between the two is the "10,000-mile rule." If you plan to drive less than 10,000 miles a year, leasing a new BMW X3 is a reasonable option because it gives you access to the latest model BMW X3 on a regular basis. If you don't want to be restricted in any capacity and it is important for you to have ownership over the vehicle, then financing your new BMW X3 is the way to go.

Q: What is the Guaranteed Future Value (GFV) of a BMW X3?

A: One benefit of buying a new BMW X3 is knowing exactly what your vehicle will be worth after you've made the last monthly payment. This figure considers the trim of the BMW X3, features, estimated mileage, and normal wear and tear incurred over the financing term.

Q: Should I finance through a third party, or the dealership my newBMW X3?

A: If you choose to secure financing for the purchase of your new BMW X3 through a third party, you are responsible for applying directly to a bank or credit union to await approval. Once you are approved, you will be quoted a loan term, interest rate, and then you will negotiate the price of the new BMW X3. By electing to finance your new BMW X3 through our BMW of Wyoming Valley dealership, we will simply take down your information and share it with our network of partnering financial institutions. It is ultimately your choice, but we recommend financing your new BMW X3 vehicle through us.

Q: Does BMW accept credit cards for BMW X3 Monthly Payments?

A: Unfortunately, credit cards are not an acceptable form of payment to use on your BMW X3 monthly installments. However, you are free to use a debit card if that is easier for you to make your monthly vehicle payment.