Let Stevens Creek BMW help you with your greater San Jose car loan needs. We have a large auto financing provider network, and we specialize in bad credit and high risk auto loans. If you have bad credit, we can help you! We offer quick approvals and low rates! If you have been thinking about getting a new 2010 BMW or used car in San Jose in the San Jose, Santa Clara, Fremont or Mountain View area, we can help you do it quickly and easily.
Simply fill out the Stevens Creek BMW online car loan and financing application form to get the auto financing process started right away. There's no obligation to buy today, so do it now while you are thinking about it.
Once you are pre-approved, come in to our dealership, located at 4343 Stevens Creek Boulevard, Santa Clara, CA 95051. Please feel free to give us a call at 800-297-4804, or contact us online any time.
4343 Stevens Creek BoulevardSanta Clara, CA 95051
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.