When is the Best Time to Lease a New BMW?

Are you dreaming of getting behind the wheel of a brand new 2023 or 2024 BMW? Leasing a luxury vehicle like a BMW can be an excellent option for those who desire the thrill of driving a high-performance car without the long-term commitment of ownership. However, when it comes to leasing, timing can be crucial in securing the best deals and maximizing your benefits. In this blog post, we’ll explore the best time to lease a new 2023 or 2024 BMW, helping you make an informed decision and potentially save some money along the way.

Below are our most popular times for leasing a new BMW.

1. End of the Year: One of the most opportune times to lease a new BMW is towards the end of the year, typically around November and December. During this period, dealerships are eager to meet their annual sales targets and clear out the previous year’s models to make room for the incoming ones.
2. Model Year Transition: The transition from one model year to the next, typically around summer or early fall, can also present a favorable leasing opportunity. As the new 2024 BMW models begin to arrive, dealerships may offer attractive incentives on the outgoing 2023 models to encourage customers to choose the older inventory. This can be an excellent chance to secure a lease on the previous model year with potentially lower monthly payments or improved lease terms.
3. Holiday Sales and Sales Event: Holiday periods, such as Memorial Day, Labor Day, or Black Friday, often bring about enticing sales events and promotions. From now through the end of August, we are hosting the BMW Summer On Sales event, featuring additional lease credits and enticing BMW lease payments.
4. Personal Considerations: Apart from the external factors mentioned above, your personal circumstances and preferences should also be taken into account. Consider factors such as your budget, lifestyle, and the specific BMW model you desire. By researching and comparing lease offers from multiple dealerships, you can gain a better understanding of the average pricing and availability in your area, allowing you to make a more informed decision on when to lease.

BMW Lease-End Options

Keep in mind though that if your existing lease is going to expire, we do offer quite a few options for you when your lease is up. For the most part, our customers prefer to discuss their options anywhere from 3-9 months prior to their lease end so they can determine the best possible option for their budget and lifestyle. Contact us today to get started. We do have a pretty competitive Lease Loyalty Program for our existing BMW lessees to make their transition into a new 2023 or 2024 BMW even easier.

Now is the Best Time to Lease a BMW from Bill Jacobs BMW

Leasing a new 2023 or 2024 BMW can be an exciting experience, and timing your lease correctly can significantly impact the overall value and cost-effectiveness of the deal. Ultimately, conducting thorough research, staying informed, and exploring various lease offers will empower you to make an informed decision and secure the best lease terms for your new BMW. Happy leasing! And choosing where to lease from is half the battle. Choose the #1 BMW dealership in the entire Midwest when considering leasing a new 2023 or 2024 BMW. At Bill Jacobs, the cars bring you in and the experience brings you back.