There is good news for auto enthusiasts living in major cities across the country as German luxury and sports car manufacture has now begun a program that will allow prospective customers to lease out BMW cars instead of purchasing them. The scheme has been started by BMW’s financial arm and is called ‘BMW Lease’. There will be two types of leasing options. One option is the Finance Lease which enables a customer to bear the risks of owning that car and at the end of the lease tenure if the customer wishes to, they can retain the car, which the company says will be cheaper than buying a BMW at market price. The other option is the Operating Lease agreement where BMW financial services will bear the risks of the car and when the lease agreement is over the customer has the option to buy the car at market price or to upgrade to another vehicle. The offer seems to be quite an attractive one, and is currently only available in six states across the country.
