Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Money Management > Banking > What is the BMW lease rate compared to a bank loan?

What is the BMW lease rate compared to a bank loan?

In: Banking [Edit categories]

Answer:

When you lease a vehicle you are basically renting it for a period of time and financing a vehicle through a bank means you are purchasing the vehicle for personal ownership. The lease rate may be lower than a bank loan because it is short term ownership.

First answer by Answers Publishing Network. Last edit by Answers Publishing Network. Contributor trust: 102 [recommend contributor ]. Question popularity: 2 [recommend question].

[report abuse]

Can you answer these Banking questions?

	How much fee the bank charge to put the house in trust .?	Answer it!
	What other bank is US Bank affiliated with?	Answer it!
	What is a check cashing fee?	Answer it!
	What is a weak bank?	Answer it!
	How can one open a fixed deposit account?	Answer it!

Relevant answers:

What is a BMWs lease rate in general?
In general the lease rate you can obtain varies and depends on your credit worthiness. Those who have excellent credit can obtain a great, while those who have bad credit may not be approved.
What is the current lease rate for BMW?
While lease rates vary depending on your credit score, a typical rate seems is calculated by taking a percentage of the value left on the car. Rates can also vary depending the amount of your down...
What is the PLR rate of bank for home loan?
prime lending rate
How often does the BMW lease rate change?
A BMW lease rate probably changes every year or so. If you lease a BMW and lock into a lease rate they cannot change it for the time frame of the contract. Most leases expire in two years.
What is the benefit of knowing a BMW lease rate?
The benefit of knowing a BMW lease rate is that it will give you a much better understanding of the finances associated with a BMW lease. It also may give you a leg up in the negotiation of the...