Are you in the market for a stunning new BMW vehicle near Chicago, Illinois? Turn to the experienced team at Karl Knauz BMW. At our BMW dealership, our goal is to help you find a vehicle you love so you can drive home confident in your decision. Buying or leasing a new BMW vehicle is a huge decision and it's something that can only be handled with the right sales associates and finance professionals. You can rest assured that our expert finance professionals will answer all of your questions and walk you through all of your options so you can choose the financial solution that will bring you the greatest peace of mind. To learn more about our BMW finance center, fill out an application for pre-approval online or visit Karl Knauz BMW to speak with our staff today!

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(847) 604-5000

Finance Department

The Basic Components of an Auto Loan from Karl Knauz BMW

Down Payment: This is how much cash you pay upfront for your car and is calculated as a percentage of the overall price of the car. Generally, the higher the down payment, the lower your monthly payments will be.


Interest Rate: Also known as the A.P.R. (Annual Percentage Rate), the interest rate is the money you pay a lender to borrow their money. Your credit score, the current market rate, the loan term, and the size of your loan impact your interest rate. The lower the interest rate, the lower your monthly payment.

Loan Term: This is how frequently and long you will be paying your loan. Typical loan terms consist of monthly payments made for 3-5 years. The longer your loan terms, the lower your monthly payment will be.

Find a BMW Model to Buy
Chicago, IL | Lake Bluff, IL | Lake Forest, IL

At Karl Knauz BMW, we are confident that we have a BMW model for everyone. Looking for a truly unique driving experience? Check out the ultra-luxurious BMW i8. The BMW i8 is the ultimate luxury vehicle and will turn heads anywhere you go. Next up, the BMW 3 Series lineup of sedans are great for drivers looking to take their daily commutes to a new level. Another popular option is the BMW X3. This stunning compact SUV, effortlessly blends style with practicality for an exceptional ride the whole family will enjoy. Whatever your reason for financing a new BMW model, Karl Knauz BMW makes sure to get you the model you deserve. Visit us near Chicago, IL to get behind the wheel of your favorite vehicle and learn more about our financing options today

How to Apply for BMW Financing at Karl Knauz BMW

With a variety of BMW financing solutions for Chicago area drivers, Karl Knauz BMW makes it easy to drive home in your dream car. You can even speed up the process by getting pre-approved online for BMW financing. Pick up the phone and call Karl Knauz BMW or simply stop by our dealership near Chicago, IL today to take the next step toward a new BMW model.

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Dealership Hours
Mon - Thu10:00am - 7:00pm
Friday10:00am - 6:00pm
Saturday9:00am - 5:00pm