Gasoline has been the primary fuel source for cars ever since the automobile was invented more than 130 years ago. However, although it will likely remain so for a while longer, battery-powered vehicles like hybrids and EVs have been gaining more ground by the year—making it clear that the future of automobility will be electric.

If you're in the market for a new luxury vehicle, you'll find several reasons to consider getting behind the wheel of a hybrid or all-electric model—like reduced operating expenses and greenhouse gas emission, increased efficiency and performance, and driving

If you like to drive a new BMW every year, you may prefer a lease for its convenience, flexibility, and shorter commitment compared to taking out a loan. Additionally, leased vehicles are always covered under warranty, and lessees aren't responsible for depreciation. However, perhaps the most compelling reason Rockwell drivers have for choosing a lease over a loan is that leasing generally costs less over the same time period. This is due to smaller monthly payments and lower sales tax. But how is a lease's sales tax calculated anyway?

Do BMW lease payments include sales tax?

Many Rockland-area drivers who prefer driving a new BMW every few years may choose to lease instead of buy due to the lower cost and shorter commitment. With a lease, because you are essentially renting the vehicle for a certain period of time, your lease payments help cover the vehicle's depreciation, or loss of value, over the lease term. And the car's remaining value at the end of the lease is called its residual value.

How is residual value determined?

Leasing company's estimate a vehicle's residual value by considering a wide variety of factors, such as…

A lease offers several benefits compared to a loan that can make it a more desirable option for car Rockland BMW shoppers. For example, a three-year lease will generally cost you less over the same amount of time due to lower monthly payments and less tax. Additionally, a lease's comparatively short-term commitment makes it a great option for drivers who prefer to enjoy the latest automotive amenities and technologies more often.

Most leases are offered for three years or more. This time frame is figured into the vehicle's residual value, which is what the lessor expects the car…

If you like having access to the latest automotive features and technologies more often, you may decide to lease your BMW so that you're not tied to a longer commitment. However, due to mileage limitations, it's important to consider the amount of driving you'll be doing over the next few years. The reason leases have mileage limits is due to depreciation and residual value. The leasing company has an estimate of what it expects the vehicle to be worth at the end of the term, and the number of miles a vehicle has is an important part…

If your BMW is due for a new battery, we can fit your vehicle with a replacement quickly so that you can get back to your adventures around the Rockland area. It typically takes our team of professional BMW technicians about 30 minutes to perform a battery replacement, so it doesn't take us long at all to restore your car's battery power to full strength. If your car requires a fresh battery, please don't hesitate to reach out to our team for a fast and easy battery replacement.

Leasing a new BMW is a popular option here at South Shore BMW, but is leasing a better deal than buying? The best path for you depends on your preferences and personal needs. Leasing and buying both offer a wide range of benefits, but you might find one to be more cost-effective based on your lifestyle. Find out more about how leasing and buying compare at our BMW dealership serving Rockland.

During your BMW shopping endeavors, you've likely come across APR, which is an important element of financing a vehicle. What is APR? APR stands for annual percentage rate, which essentially dictates what you pay per year to borrow money. This percentage is an expression of the cost, including fees. So, if you're thinking about financing a new BMW like the new BMW 3 Series models available at our dealership serving Rockland, you can find flexible financing options here at South Shore BMW.

How do you know when your vehicle needs new brakes? The best way to gauge the condition of your car's brakes and its stopping power is to bring your vehicle in for regular brake checkups. There are also some common warning signs to keep an eye out for that could indicate that your brakes need attention. So, when can you expect to need new brakes? That depends on a variety of factors, which makes regular checkups even more important. Luckily, we can help here at our BMW service center serving Rockland.

Does your car need a new battery? If so, be sure to check out our available battery specials at South Shore BMW. Our BMW dealership offers affordable ways to keep your BMW car or SUV in great condition. Your BMW car's battery should last anywhere from three to five years. Once it's time for a new battery, check back to explore any battery specials we have currently available.