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7th March 2022
Should I buy or lease a BMW? We look at the pros and cons
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BMW personal car leasing is an easy way to get the driving experience you deserve without crushing your bank balance or worrying about depreciation and repairs.
Starting under £260 per month, leasing a BMW is an attractive and exciting option thanks to fixed monthly payments that allow you to lease vehicles such as the popular 1 Series and the exhilarating Z4 Roadster.
We have hundreds of new and used BMW cars; enquire online today and get the lease deal that’ll give you the confidence to get the car you want.
Keep reading to discover how personal leasing works, the cost of leasing a BMW and why leasing a BMW is a smart choice. Plus, we'll answer any more questions in our FAQs section.
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How Does BMW Personal Leasing Work?
The Hippo leasing experience is simple; pick the car you want and factor in your monthly budget, then get in touch with us, and we’ll arrange your lease agreement. Once your lease is complete, you can return the vehicle and get a new car, or pay the balloon payment, so you own the vehicle outright. Either way, you’re in for years of fun, exciting driving.
You can choose from a variety of leasing options, such as personal contract hire (PCH), personal contract purchase (PCP), hire purchase (HP), as well as lease-purchase deals. Whether you’re after a BMW hatchback, sedan or convertible, we’ll get the right payment plan for you.
Why Should I Lease a BMW?
Luxury cars can often feel like an aspiration, but driving a BMW is something you can achieve with a lease option. Leases cover the cost of depreciation, which means high-performance cars are cheaper as you aren’t paying to own the vehicle. Other reasons include:
- Hundreds of BMW vehicles from various series and body types
- No long-term commitment or ties
- Pay the deposit that suits your budget
- Get the latest models without any fuss
- Cheaper monthly payments
- No concerns about depreciation
Which BMWs Can I Lease?
The BMW lineup offers an excellent range of cars at a range of monthly rental costs, which means there's a BMW lease to suit families, driving enthusiasts, and executive commuters.
The BMW 1 Series is their entry-level hatchback with agile handling and premium interior, while the BMW 3 Series is a sporty and spacious classic saloon. The 5 series offers even more luxury and space, whilst the 7 Series remains the brand’s flagship model.
Choose from one of BMW’s cutting-edge electric cars. This includes innovative new and EV versions of popular petrol and diesel models. You can select from eco-friendly models like the compact i3, the family-focused iX1 SUV, or the class-leading BMW i7 saloon.
There's also an excellent line-up of SUVs available to lease, from the X1 to the midsize and more powerful X3 to the seven-seat BMW X7.
Performance fans aren’t short of options either, with thrilling BMW M models delivering sublime handling, power and true motorsport experiences.
Frequently Asked Questions
How long does it take to lease a BMW?
Your leasing application should only take 1-2 days to process. If you’re leasing a brand-new car, delivery time depends on the manufacturer. Delivery can take anything up to six months for a brand-new car due to manufacturing times. However, if you’ve registered your car of choice or we have it in stock, delivery could take a few days.
How long is the warranty on a BMW lease?
If you’re leasing a new car, you’ll have a manufacturer’s warranty from the production date, which is four years or 50,000 miles on a BMW car. If you’re going for an older vehicle, we’ll add a three-month complimentary and comprehensive warranty giving you complete peace of mind.
Can you lease a BMW with poor credit?
People think they’ll be priced out of leasing high-performance cars when they look at their credit scores, but we know it doesn’t always work like that. We work with people from various credit and financial backgrounds and help them get the car they want. The best thing to do is get in touch with our team and discuss your requirements.
Should I buy or lease a BMW?
It all depends on what you want from your agreement, some people prefer to change cars every few years whereas others prefer to own the car (although you won't own it until it's paid for).
Are BMW cars good to lease?
BMW cars make excellent lease cars due to their high-value purchase price, so you're only paying for the cost of depreciation. Plus, if you love driving BMW you may want to switch your car every few years to try something different.
