Whether you plan to buy a new or pre-owned BMW vehicle, you know that this is going to be a significant purchase. This is why it’s important to create a financial plan so you don’t overextend yourself. With our BMW payment calculator, you can get a great idea of what your expenses will be.
How to Use Our BMW Payment Calculator
Using our payment calculator couldn’t be easier. All you have to do is enter basic information, including:
- Price – Don’t worry if you don’t know the exact cost of your car; you can put in a variety of values.
- Down Payment – Next, put in the amount that you can supply for a down payment. If you will be trading in a vehicle, find out what its value is and apply this to your down payment.
- APR – This is the interest rate on your loan and any additional fees, and while you may not know exactly what this will be right now, you’ll be able to put in different rates to see how they affect your monthly payment.
- Term – The length of your car loan can vary widely. It starts at 12 months and increases by 12-month intervals up to 84 months.
- Monthly Payment – When everything above is entered, you will be presented with a monthly payment. If you’re happy with it, you can end things there. Or, you can reset the calculator and put in new values.
Any Questions About Financing?
If you have questions or concerns about financing or our payment calculator, feel free to get in touch with the experts at BMW of Fort Washington. If you’re ready to get pre-approved, all you have to do is fill out our online financing application.