Should you finance or lease your next BMW? Both can be a smart move. It depends on how many miles you drive, how long you keep a car and what you want your monthly payment to be. This month BMW of Madison is offering financing as low as 1.9% APR for up to 60 months on popular models like the 330i xDrive, X1, X3, X5 and X7. Here's how financing and leasing compare, plus this month's rates.
November 2026 BMW Finance Rates
| APR (up to 60 months) | Models |
|---|---|
| 1.9% APR | 2026 BMW 330i and 330i xDrive Sedan, X3 30 xDrive, X5 sDrive40i and xDrive40i, 750e xDrive Sedan; 2027 BMW X1 xDrive28i, X7 xDrive40i and X7 M60i |
| 3.99% APR | 2026 BMW 228 and 228 xDrive Gran Coupe, M235 xDrive Gran Coupe, M340i and M340i xDrive Sedan, X3 M50 xDrive, X5 xDrive50e, X5 M60i; 2027 BMW 530i, 530i xDrive, 540i xDrive and 550e xDrive Sedan |
| 4.99% APR | 2026 BMW i4 eDrive40 and xDrive40, i5 M60, 840i, 840i xDrive and M850i xDrive Gran Coupe; 2027 BMW i5 eDrive40 and xDrive40, X1 M35i, X6 xDrive40i and X6 M60i |
What that means for your payment: at 1.9% APR for 60 months, you'll pay about $17.48 per month for every $1,000 financed. At 3.99% APR for 60 months, it's about $18.41 per $1,000, and at 4.99% APR for 60 months, about $18.87 per $1,000.
Purchase credits: select models also qualify for purchase credits off MSRP this month, including up to $3,750 on the BMW i4 and i5. Ask our team what's available on the BMW you want.
Finance rates for well-qualified customers through BMW Financial Services NA, LLC on new BMW models shown, for contracts through November 30, 2026. Not all customers will qualify. Payment examples are per $1,000 financed with no down payment and do not include tax, title, license, registration or the $399 dealer service fee. See BMW of Madison for details.
Financing vs. Leasing: The Quick Comparison
| Financing | Leasing | |
|---|---|---|
| Who owns the car | You do, once the loan is paid off | BMW Financial Services; you return it or buy it at lease end |
| Monthly payment | Higher, because you're paying off the whole car | Lower, because you pay for the car's use over the lease term |
| Mileage | Unlimited | Set yearly allowance (this month's BMW offers include 10,000 miles/year) |
| Customizing | Anything you like | Should be returned in original condition |
| Long-term cost | Lowest if you keep the car for years after it's paid off | Predictable cost for a new BMW every few years |
| At the end | Keep it, sell it or trade it | Return it, buy it or trade into a new BMW |
Financing May Be Right for You If…
- You drive a lot. Commuting from Sun Prairie, Verona or Janesville adds up. Financing means no mileage limits or overage charges.
- You keep your cars. BMWs are built to last. Once yours is paid off, every month you keep driving it is payment-free.
- You want to make it yours. M Performance parts, wheels, tint: when you own it, it's your call.
- You want to build equity. Your payments go toward a car you own, which you can trade in later.
Leasing May Be Right for You If…
- You want the lowest payment. This month a new 330i xDrive or X1 leases from $479/month. See all of this month's BMW lease specials.
- You like driving the latest BMW. Lease for 36 or 39 months and step into the newest model at the end.
- You want to stay covered. A 36- or 39-month lease stays within BMW's 4-year/50,000-mile new vehicle limited warranty, and BMW Ultimate Care covers scheduled maintenance for 3 years or 36,000 miles.
- Your mileage is predictable. If you drive about 10,000 miles a year, leasing can be a great fit.
Ways to Save on Either
- Current or former BMW owner? BMW loyalty offers can add savings on your next BMW.
- Recent grad? The BMW College Graduate Program offers a $1,000 credit to those who qualify.
- Military? The BMW Military Program offers incentives of $500 to $5,000 to those who qualify.
- Trading in? In Wisconsin, your trade-in value is generally subtracted before sales tax is calculated, which can lower what you pay.
BMW Financing FAQ
What is the lowest BMW finance rate right now? In November 2026, BMW of Madison is offering 1.9% APR for up to 60 months on the 2026 BMW 330i xDrive, X3 30 xDrive and X5 xDrive40i, and the 2027 X1 xDrive28i and X7 xDrive40i, for well-qualified customers.
Is it better to lease or finance a BMW? If you drive a lot or plan to keep your BMW for years, financing usually costs less over time. If you want a lower monthly payment and a new BMW every few years, leasing is often the better fit.
Can I finance a BMW for 60 months? Yes. This month's BMW finance offers are available for terms up to 60 months.
Can I buy my BMW at the end of a lease? Yes. Every BMW lease includes a purchase option, so you can buy the car you've been driving.
Can I apply for BMW financing online? Yes. You can apply for financing online before you visit, and our finance team will walk you through your options.
Talk to Our Finance Team
Not sure which is right for you? Our team can show you a lease and a finance payment side by side on the exact BMW you want. Shop new BMW inventory, apply for financing, or visit BMW of Madison, 320 West Beltline Hwy, Madison, WI 53713. We serve drivers from Madison, Middleton, Sun Prairie, Verona, Waunakee, Fitchburg and all of Southern Wisconsin.
