BMW Finance and Leasing FAQs
Have All of Your Finance and Lease Questions Answered at i.g. Burton BMW of Milford
Have questions about financing or leasing a BMW at i.g. Burton BMW of Milford? Then you're in luck! At our dealership, located in Milford, Delaware, we know that we always have our customers' backs, no matter what. We're located an hour south of Newark, Delaware, providing you with easy access to a dealership that is always prepared for what happens next. The goal for today is to spend time answering some of the most frequently asked questions that we get about financing and leasing to make sure you feel comfortable when this decision finally comes to a head. This is your opportunity to learn more and to even ask us other questions if we have yet to answer them for you. We're interested in creating an open dialogue, and we hope that we can always prove ourselves worthy!
How Does i.g. Burton BMW of Milford Help with Financing?
Q: How does financing a BMW model work?
A: When you work with the team at i.g. Burton BMW of Milford, we'll be able to provide you with flexible contract terms, many down payment options, and competitive interest rates.
A: When you work with the team at i.g. Burton BMW of Milford, we'll be able to provide you with flexible contract terms, many down payment options, and competitive interest rates.
Q: Does my credit score matter when I'm trying to finance?
A: When you choose i.g. Burton BMW of Milford, we'll be working hard to work with every type of customer. If you have concerns, you can visit us in person, and we know we can work out the right deal for your life.
Q: Is it possible for me to finance at i.g. Burton BMW of Milford without any money down?
A: Yes! There are cases in which this is possible, and you are more than welcome to discuss those options with us in person.
Q: I want to finance a used BMW. Is this possible?
A: You can absolutely finance a CPO or used BMW from us here at i.g. Burton BMW of Milford.
Q: Can i.g. Burton BMW of Milford tell me how long it takes to approve financing?
A: Financing applications are usually given a result back within 12 to 24 hours. So, the process is fairly quick and easy!
Can You Tell Me More About Leasing a BMW Model?
Q: How can I customize a BMW lease plan?
A: When you lease with i.g. Burton BMW of Milford, you can personalize the term length, mileage needs, and more!
A: When you lease with i.g. Burton BMW of Milford, you can personalize the term length, mileage needs, and more!
Q: Is it possible to lease a BMW without putting any money down?
A: Absolutely! There are some cases where putting money down on a BMW lease isn't necessary, and at i.g. Burton BMW of Milford, we would love to discuss those options with you.
Q: Can I extend the lease I have on my BMW?
A: You may find the possibility to extend your lease term up to 6 months, which is something you can discuss more with our team in person.
Q: What can I learn about the Mileage Adjustment Program from BMW?
A: The Mileage Adjustment Program offers you the ability to purchase more miles for your lease at a discounted rate, so you don't have to incur any charges on mileage when you turn in your BMW.
Q: My leased BMW is damaged. What happens next?
A: i.g. Burton BMW of Milford highly suggests the BMW Lease-End Protection plan as a way to cover any excess wear and use charges so you don't have to pay more at the end!
Account Information for Your BMW at i.g. Burton BMW of Milford
Q: How are the payments on my BMW applied?
A: Your payments go toward the unpaid finance charges, the principal balance, and then any potential outstanding fees. You can view this information on My BMW, or check your statement.
A: Your payments go toward the unpaid finance charges, the principal balance, and then any potential outstanding fees. You can view this information on My BMW, or check your statement.
Q: When will I be getting my monthly Account Statements for my BMW?
A: Your Account Statements will be given to you around 14 days before any money is owed. You can see things sooner on MyBMW or, if you signed up for paperless, through your email.
Q: I accidentally paid more than I had to. What happens to that extra money?
A: The extra money you make towards a payment goes to the principal balance, so you are slowly reducing the amount of money you owe over time.
Q: Can I make a BMW car payment with my credit card?
A: No. Credit cards are not accepted for monthly payments. You would have to use a debit card.
Q: What kind of grace period is available for late charges?
A: At i.g. Burton BMW of Milford, we recommend referring to your Account Summary section to see if you are eligible for a grace period. Give us a call with any further questions.
Financing and Leasing are Made Easy at i.g. Burton BMW of Milford
Are you interested in leasing or financing with us here at i.g. Burton BMW of Milford? Then we know the best time to start is right now! We have a great inventory of vehicles for you to choose from, and we know that your passengers will appreciate whatever you end up driving home in. Should you have more questions about leasing or financing here, you are always welcome to use the form below, and we'll be here to continue to provide assistance.