When it’s time to buy a new car, we know that while it’s an extremely exciting time, but never more so than when you’re looking to buy a new BMW vehicle! BMW of El Cajon is a BMW dealership conveniently located just outside of San Diego. We offer a large inventory of new and Certified Pre-Owned BMW cars and SUVs for you to choose from, including the ever-popular 2015 BMW 328i and the 2015 BMW X3 crossover SUV. Whether you’re looking to get a brand new BMW or just looking for a new-to-you vehicle, our friendly and knowledgeable sales team will be more than happy to help you find the perfect model for both your lifestyle and your budget. On top of all that, we can help you finance your vehicle through our helpful finance department!
Though some people may have the cash on hand to pay for the new car outright, we realize that most people do not, and that they need financing. Sometimes, even if you have the money, it still makes sense to purchase your vehicle with financing and a car loan. Our finance department at BMW of El Cajon will work with you to determine your credit rating and will work with you to help you secure a loan that fits within your needs and your budget. You can even begin working on a finance application online here on our website.
Here at BMW of El Cajon, our team also understands that not all of our clients have experience with procuring a loan, so let us help walk you through some of the basics. First off, it’s very important to know that even though you’re financing the car, you will be responsible for some portion of the purchase price upfront through a down payment. The down payment is applied to the total balanced owed and will reduce the amount of the purchase price and the amount that needs to be financed. Secondly, make sure to understand that there will be an interest rate that is applied to your balance throughout the lifetime of your loan. Just make sure to be aware that this will increase the total amount that you pay. The longer you are paying off the loan, the more interest that will accrue. The interest rate is dependent on variables such as your credit score, and current market rate. The last thing to be aware of is that the length of your loan, and ensuring that it is a timeframe you’re comfortable with.
Now that you have the general gist of what financing a new BMW vehicle entails, we think that it’s time for you to head on down to your local El Cajon BMW dealership so you can speak to a member of our team about the financing process! After we answer any questions you might have, we’ll be happy to take you on a tour of our lot and show you our entire inventory of new BMW vehicles. So head on down to your local El Cajon BMW dealership located at 720 El Cajon Blvd to speak to a member of our team today!