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Cars Q&A

A few months ago there was an article published about the BMW cars in some magazines to include India Today (hopefully in the Tamil edition). It was saying that the BMW India is on a move to increase its presence and sale in the Indian car market they are going to introduce a scheme of letting individual customers to Lease a brand new BMW car for three years for an advance amount payment of Rs. 60,000-/. I would wish to know more facts about this whether this is true and if when it's going to be in effect. Thank you Biju
By Biju 05 May 2010
Expert`s comment:

Though BMW has plans of expanding operaions in India,the chances of offeres as mentioned above would be very less.

Answer by Shiva Shankar 05 May 2010

Considering the high cost of ownership of BMW cars, they might come up with some innovative ideas to put more of their cars on the road. But rest assured that the lease value will be so high, it could easily be a loan payment. At the end of the lease period, the car goes back to BMW, and if you want to keep it after that period, it will cost almost as much as a new car.

Answer by B S Kumar 05 May 2010
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