EV Financing Options: Buying Is Looking Great
You’ll see plenty of EVs on Cherry Hill roads because many drivers choose to buy vs. lease an EV now that the technology is markedly improved compared to 10 years ago. Prices have also come down. Keep in mind that plenty of automakers are coming out with more EVs in the coming years.
Leasing a brand-new car every two years gives you a shiny, spotless, beautiful car when you look to buy vs. lease an EV. Consider the fact that EVs already have a lot of high-tech features in them, like great-looking touchscreens and connectivity. Plus, buying an EV gives you unlimited mileage options versus leasing
EV Financing Options: Home on the (Electric) Range
When you want to lease or buy an electric car, think about the long range of these new vehicles now. In 2015, EVs got 100 miles per charge. EVs now get more than 300 miles of range as a standard. All of BMW’s EVs, including the BMW iX, BMW i4, BMW i5, and BMW i7, go between 250 and 300 miles between charges.
Lease or Buy an Electric Car With Incentives
You will hear plenty of talk about incentives regarding EVs. Starting in 2024, certain EVs are eligible for a $7,500 incentive that gives drivers a discount when paying for an electric vehicle. In previous years, EV owners needed to use the $7,500 incentive as a deduction to lower their overall tax bill.
Talk to our team about which BMW EV could give you the $7,500 discount, which will lower your auto loan amount. After this discount, your purchase might be less expensive than a gasoline-powered counterpart.
Lease or Buy an Electric Car at BMW of Mount Laurel
Do you want a new BMW for your Hamilton Township drives? Contact us, call , or schedule a test drive with our team. We think you’ll be impressed with our selections of EVs on our lot! While you’re here, apply for financing to see if an EV fits into your lifestyle and budget.
