Common Auto Finance Terms Explained

Our BMW of Rochester Hills service department team has its work cut out. We spend a lot of our time just demystifying auto finance terms. Following, we discuss two of the most common.

Auto Loan Interest

Interest is what you pay on a loan for the privilege of accessing and using the funds. The interest amount depends on several factors:

  • Credit history
  • Income
  • Outstanding debt
  • Loan amount
  • Length of loan (term)

 

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What do different vehicle safety ratings mean?

No one knows when an accident might occur, but it appears, we all would want to be safe. Safety for a car is one of the priorities for most buyers. The only question that arises is one: How can one tell that the vehicle is safe?

When researching for a used or new car anywhere, the safety ratings for NHTSA and IIHS must take the top priority. They may seem easy to comprehend, but they both present a complex set of information that helps clients determine which SUV, truck, or car to buy.

 

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BMW Service & Maintenance Overview

Your purchase of a BMW comes with a comprehensive maintenance program. The program will cover all of the factory-recommended maintenance. Professionals will replace the brake rotors, brake pads and wipe blade inserts. Only original parts will be used, which is why you will need to take your vehicle to a BMW dealer.

The professionals will also change the oil. There are several reasons that you will need to take advantage of this maintenance program. Basic maintenance will help your vehicle last for a much longer period of time.

 

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Comfort & Convenience of The BMW 4 Series

The BMW 4 Series has reached iconic status to some degree. This particular vehicle is basically a work of art from its interior to its exterior. The interior of this machine is well crafted to the highest degree with upscale materials. Four individuals can sit in utter comfort, and you can drop the top if you possess the convertible model. The BMW 4 Series will provide instant gratification via its wireless capability and Wi-Fi connectivity. 

Silky smooth turbocharging will allow for on-demand power and instant acceleration. The M440i model has a hybrid powertrain that delivers 

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BMW Tire Road Hazard Coverage Information in Shelby Township

The BMW Tires Road Hazard Program is featured with new, eligible tires that are sold at any participating BMW Tire Center. At BMW of Rochester Hills, we think this program is beneficial because if tires become damaged because of a road hazard, they will be replaced free of charge.

What is road hazard damage? The BMW Tires Road Hazard Program covers damage that happens as a result of puncturing, bruising, or impact breakage. Coverage under this program is $600 for each Eligible Replacement Tire or Eligible Tire. In order to be eligible for coverage...

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BMW 2 Series Overview

The BMW 2 Series offers a performance coupe with a luxury package that combines everything drivers love from German engineering. With several different trims, the latest technology, and exquisite interior design, the BMW 2 Series is the perfect car for those who want to customize their driving experience and access the best safety features.

The sporty 2 Series has a smooth ride with turbo four-cylinder and v6 engines available. At BMW of Rochester Hills, you’ll see how easy it is to customize your BMW. Whether you want a sierra leather interior with a V6 

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The New BMW X3 Is Intriguing

If you want to combine off-road capability with on-the-road dominance, then look no further than the new BMW X3. This popular SAV can do it all from a performance standpoint thanks to its 3.0-liter turbocharged engine that delivers 382 ponies. If that's too much power to handle, then you can simply opt for a 2.0-liter engine that produces up to 248 ponies. The plug-in hybrid trim can be driven in all-electric mode, which provides 31 mpg on the highway.

The new BMW X3 can be driven in eco mode, sport mode and comfort mode. 

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BMW i8 Has Show-Stopping Design and Powertrain

The BMW i8 is a show stopping sports car, both in looks and in the features you've come to expect from this German manufacturer. Its plug-in powertrain gives you plenty of power, combining a 1.5-liter three-cylinder gas engine with a 11.6-kWh battery and two electric motors to produce 369 hp.

Another reason why the staff at BMW of Rochester Hills love this car is that front seat occupants never feel cramped, even in the roadster which only has two seats. Scissor doors provide occupants a sense of drama when entering and exiting

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BMW of Rochester Hills's Tips for Safely Sharing the Road with Bicyclists

The next time that you're on the road in your automobile and come across someone riding their bike, here are some safety tips that can help both of your share the road safely.

Bicyclists can add traffic to your day, but it's important that you realize they are a human life as well. You don't want to put them in any danger that could prevent them from making their way home to their family at the end of the day.

 

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Buying A Used Car Is The Right Bet

Dealerships Have Used Cars Too

A great reason for buying used is because you can buy one from a dealership that is either CPO (certified pre-owned) or inspected by a professional technician.

Save Some Cash

You will be saving thousands of dollars on buying a used car that does the same thing as a new car. Used cars that are a couple of years old even have the same safety and driving technology that makes driving so much easier.

You Can't Flip A New Car

A new car is impossible to flip for profit unless you are running a…

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