Financing Department

Structure Matters as Much as Rate

Two buyers can drive home identical X3s having made very different financial decisions. The variables, term length, down payment, lease versus finance, kilometre allowance, residual value, interact, and the right combination depends on facts about your life rather than a general rule.

Our Finance Department at Grenier BMW works with BMW Financial Services and a range of lending partners to build a structure that fits. What we will not do is quote you a payment without explaining what produces it.

Leasing a BMW

Leasing suits drivers who prefer a new vehicle every few years, who value predictable payments and warranty coverage throughout the term, and whose annual mileage is reasonably predictable.

A BMW lease is built on the vehicle's residual value, the projected worth at term's end. Because BMW residuals are generally strong, monthly payments are often lower than financing the same vehicle. You choose the term and the annual kilometre allowance, and both affect the payment.

At the end, you can return the vehicle, purchase it at the pre-agreed residual, or lease something new. If you regularly exceed your allowance, we will build a higher one in from the start : that is considerably cheaper than paying overage at the end.

Financing a BMW

Financing suits drivers who keep vehicles beyond the warranty period, who drive high or unpredictable annual mileage, or who simply want to own the car outright.

You build equity with each payment, and once the loan is retired the vehicle is yours with no further obligation. Terms are flexible, and BMW Financial Services regularly offers promotional rates on both new and Certified pre-owned inventory.

Certified Pre-Owned Financing

BMW Certified pre-owned vehicles qualify for special financing rates through BMW Financial Services : a combination that is often the strongest value on our lot: a vehicle no more than five years past its in-service date, under 120,000 km, factory-warranted with no deductible, at a preferential rate.

Business and Corporate Structures

If you are acquiring through a company, the considerations shift : corporate leasing, capital cost allowance, GST/QST treatment, business kilometre tracking. Many of our clients in Terrebonne, Mascouche and Repentigny buy this way. We will work alongside your accountant rather than around them.

Trade-Ins and Equity

Your current vehicle is part of the equation. We will appraise it properly and apply the value to your down payment. If you are mid-term on an existing lease or loan, we will calculate your actual position, including a payout figure, before recommending anything.

Credit Situations of Every Kind

Strong credit, limited credit history, newcomers to Canada, or past financial difficulty : each has a path. Our Second Chance Financing program exists specifically for buyers rebuilding credit.

Start the Conversation

Submit a financing request online, or speak with a finance advisor at (450) 657-4444. Visit us at 201 rue des Migrateurs, Terrebonne, Monday to Friday . You will leave understanding the numbers, whether or not you sign anything.