05 May
Buyer beware of Lemon Cars There are many traps and pitfalls waiting for the innocent consumer. Buying in good faith, unfortunately, has become a thing of the past and every care should be taken when buying the second most expensive item on the shopping list – that is, the motor car or your new BMW. [...]
Posted in BMW Car Guide, BMW Guide, Car Buying Guide, Used BMW by: BOB BMW
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27 Mar
Avoid buying lemons BMW When you finally make the decision to purchase a new BMW car the last thing you would expect to find is that the car is defective in one way or the other. However, this does happen – albeit on a small scale – and there are lemon laws in place – [...]
Posted in BMW Car Guide, Car Buying Guide, Used BMW by: BOB BMW
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23 Mar
You Can Get An Auto Loan For A New BMW Car Even If You Have Bad Credit Contrary to popular belief, your options for an auto loan are better on a new car, even with poor credit. New cars as opposed to used ones have a fixed starting value and a fixed depreciation schedule, which [...]
Posted in BMW Car Guide, BMW Guide, Car Buying Guide, New Car BMW by: BOB BMW
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29 Nov
Negotiating Car Lease Deals Some experts have suggested that you initially not inform the dealer how you plan to finance your car — that you wait until a price has been established, then tell them that you want to lease. Don’t do it! It’s old advice and it doesn’t work well anymore. Up front, let [...]
Posted in BMW Cars by: BOB BMW
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27 Nov
Best Car Lease Deals What is a good car lease deal? How do you know a good deal when you see one? And where do you find deals? Being able to recognize a good deal — or a bad deal — is an important part of successful automobile leasing. Negotiating or finding a low lease [...]
Posted in Buy Car Lease, Car Buying Guide by: BOB BMW
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26 Nov
Get Car Lease Preparation Preparation is the key to successful car leasing and getting good deals. It’s estimated that as many as 85% of all automotive consumers never do any homework prior to visiting a dealer to buy or lease. Making a small investment in research will return big benefits in the end. To not [...]
Posted in Buy Car Lease, Car Buying Guide by: BOB BMW
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22 Nov
Car Lease Terms Contracts Auto lease contracts, or “lease agreements,” are all slightly different in detail, but contain important common elements that should become familiar to you. In fact, you should pick up a blank contract form from your dealer before you actually plan to lease to allow yourself plenty of time to examine it. [...]
Posted in Buy Car Lease, Car Buying Guide by: BOB BMW
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19 Nov
Car Lease Price Fees and Taxes In car leasing, as in buying, there can be charges, fees, and taxes that often surprise newcomers. Fees can differ by dealer, leasing company, and by the state in which you lease. The same charge or fee can sometimes have different names in different lease contracts. Some of the [...]
Posted in Buy Car Lease, Car Buying Guide by: BOB BMW
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16 Nov
Car Lease Finance – Monthly Lease Payments We’ve already discussed the separate factors that contribute to the cost of car leasing: net cap cost, cap cost reductions, residual, money factor, and term (see How Leasing Works). Now, let’s put it all together and see exactly how your monthly lease payment is determined. The “secret” lease [...]
Posted in Buy Car Lease, Car Buying Guide by: BOB BMW
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16 Nov
Car Lease Terms – How Car Leasing Works Automobile leasing is based entirely on the concept that you pay for the amount by which a vehicle’s value depreciates during the time you’re driving it. Depreciation is the difference between a vehicle’s original value and its value at lease-end (residual value), and is the primary factor [...]
Posted in BMW Cars by: BOB BMW
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