BMW Financing - Car Loans
Car Loans in Meridian - Sunbelt BMW
At Sunbelt BMW, getting a car loan in the Meridian, Tuscaloosa, Jackson and Newton area is quick and easy. We have all the tools, information and expertise to help you determine your budget and get you into that new or used BMW you have always dreamed of. Our auto finance experts can help anyone get an auto loan, even with bad credit. We also handle refinancing and work with a variety of lenders.
You can apply online for a car loan in Meridian, with our online finance application form. It's secure, and when we receive the application, our staff will look it over contact you as soon as possible.
If you would like to contact a member of the Sunbelt BMW financing team online, you can use our contact form. You can also call us, or stop by Sunbelt BMW by using our easy to follow directions
Financing Navigation
Contact Information
- Sunbelt BMW
-
2000 Highway 39 N
Meridian, MS 39301 -
- sales Sales:
- 601-483-8131
- service Service:
- 601-621-4820
Finance FAQ
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Tip!
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Tip!
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Tip!
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Tip!
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Tip!
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Tip!
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Tip!
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.