How Long Can You Lease a Car?

Leasing a car is a simple and straightforward alternative to buying, for those who want to make monthly payments on their vehicle and update it to a new model every few years for their Atlanta adventures. Advantages to leasing include new car warranty coverage, typically low or no down payment requirements, and your monthly payments are usually lower than if you financed your vehicle. But how long can you lease a car? BMW of Gwinnett Place has got everything you need to know about your leasing options right here. Read on, then feel free to browse our inventory of new and certified pre-owned BMW models.

Long Term Lease

A long-term lease is the most common kind you’ll find at a dealership. These leases usually start around six months and can go all the way to 60 months, or five years! However, the average long-term car lease is around 36 months or two and a half years. Anything over that, and it might be more financially prudent to consider buying and financing your vehicle instead. Long-term leases are much easier to find than short-term leases, and they’re best for drivers who know they’re staying in one place for years at a time and will frequently be using their car (say, for a daily commute).

Short Term Lease

If you don’t want to lease your car for 36 months or longer, you can opt for a short-term lease. Short-term leases aren’t as common as their longer-term counterparts, but they’re a perfectly viable option for plenty of drivers. You can lease a car for as little as three months at some dealerships, but most short-term leases consist of either a six-month lease or a one-year lease. There are several reasons why Lawrenceville drivers would want a short-term lease on their car, such as a temporary job assignment, moving to college out of state, or military relocation. A six-month lease or one-year lease gives you the flexibility of leasing a car without a long-term commitment in case your future circumstances aren’t certain.

Shop All Things BMW at BMW of Gwinnett Place!

If you’re looking for BMW lease deals near Atlanta, you’ve come to the right place! Feel free to contact us online or stop in at our Duluth office with any questions or for more information on a six-month lease, one-year lease, or long-term lease. You can also come down to our dealership near Swanee to take a tour of our inventory, or take a visit to our virtual showroom from the comfort of your own home to shop for your new BMW.