Tips for Financing Your First BMW

BMW 3 Series

If you’ve decided a BMW is the right car for your needs, then it’s time to visit Galleria BMW to find yours. These sporty, luxurious sedans and SUVs can power your drives throughout D’lberville, Biloxi, and Gulfport. If you’re a BMW first-timer, we’re happy to welcome you.

Once you’ve taken a test drive and have figured out which one you’ll call your own, it’s time to decide the best way to pay for it. That’s where our tips for financing your first BMW come in.

Have a Plan for Payments

Before you take the wheel of a BMW, you’ll want to have an idea of what amount will fit comfortably into your monthly budget. Remember, if you own a car now and it’s paid off, this will be a new payment you’re making each month, whether via a BMW loan or a lease.

Generally, monthly payments shouldn’t be more than 20% of your monthly income. We have helpful tools online that can help you get an estimate of what those monthly payments might look like. Of course, if you have any questions for our team, we look forward to hearing from you.

Discover a BMW Plan That Meets Your Needs

Our next tip? Find a plan that works for you. We can customize a financing plan around your needs, so don’t hesitate to ask our financial professionals for assistance. If you want to be the kind of BMW driver who upgrades to the latest and greatest features every few years, then a lease might be the best choice. You’ll be able to choose a term length and mileage and will typically enjoy lower monthly payments. When the lease term is up, bring the car back to the dealership and find your next BMW.

Financing may be the best option if you enjoy holding on to your cars for a considerable period of time. You don’t have to think about mileage restrictions, and when the loan has been paid off, the car is yours. Own your BMW, build equity, and take advantage of our BMW financing benefits.

It’s Easy to Apply for Financing Online

Our next tip is an easy one to follow—fill out the finance application right here on our website, and you’ll save time filling out paperwork at the dealership. It’s that easy. You don’t need to have a test drive scheduled. You don’t even need to know what BMW you want to call your own. We’ll be able to start looking at the important financial information before you visit us.

Our payment calculator is a helpful tool as well. Enter the vehicle price, loan term, and your potential down payment, and you’ll get an idea of what you’ll pay each month.

Seek Out Your Next BMW

Visit Galleria BMW today and find the BMW that will make life that much sweeter in D’lberville, Biloxi, and Gulfport. Our financial professionals are here to answer any questions you might have and ensure you’re satisfied with your car—and your monthly payments.