Considering a new BMW but put off by the price? Purchasing a used BMW can help you save a lot of money. These are widely available and far less expensive used than new.
BMWs have a long-standing reputation for high craftsmanship and cutting-edge technology. They are renowned for the dependability of their rear-wheel drive and potent engines. The company produces a wide variety of designs, from sports cars to luxury automobiles.
It’s crucial to conduct thorough research before considering a used BMW. Here is a look at some things to think about.
The price of owning a BMW The BMW isn’t your typical car, and neither is the cost of maintenance. If you choose to purchase a BMW over a Subaru or Honda, you should be prepared to pay an additional $2,000 a year in repair, insurance, and maintenance costs. The car needs premium fuel, improved tires, synthetic oil, as well as labor and parts that are more expensive than usual.
Depreciation. Expect a significant decline in the value of your investment. Simply by comparing the cost of a BMW 3-Series that is three years old—roughly $30,000—you can see. At six years, it is worth around $17,000, though. The rate of depreciation, on average, is $4,000 per year. This indicates that for a used automobile buyer, purchasing a model that is five or six years old is likely wiser than purchasing a fresher one.
servicing and repairs. Because they have particular specifications, you must take your used BMW to a store that specializes in the brand. If you don’t have access to this kind of mechanic locally, repairs may be highly expensive and inconvenient.
Although you can get the service done at a BMW dealership, independent shops that focus on German vehicles will normally charge lower prices. Before you buy a car, make sure you bring it to one of these businesses to be inspected.
Dependability. Although Japanese vehicles have a higher track record than BMWs, BMWs are nonetheless dependable. Auto magazines and enthusiasts consistently give BMW cars “average” or “below average” ratings. Despite the company’s claims of lengthy servicing gaps, their turbocharged versions actually seem to have more issues more frequently.
Due to the fact that many parts on BMW and other European cars are made of plastic rather than more trustworthy materials, repairs are among the most frequent. The electronic system’s intricacy is another issue.
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Issues with Documented Reliability
You can learn everything you need to know from Consumer Reports. Since 2007, they have not given the company a “above average” rating. Add to that the fact that according to official data, BMWs are the most likely to be off the road after four to eight years than any other brand. Not exactly a glowing recommendation for brand dependability, but BMW must be aware of the issue, so why aren’t things getting better?
The most dependable BMW is the E90 3-Series.
The 325i was the entry-level model when the E90 made its début in 2006. A 2.5-liter six-cylinder engine with 215 horsepower and 184 lb-ft of torque was installed in it. The E90 range was then revised in 2008, and the 325i was replaced with the 328i. It had a 2.8-liter six-cylinder engine that produced 200 lb-ft of torque and 230 horsepower. The 268-hp 330i, according to BimmerLife, is one of the most potent naturally-aspirated BMWs ever produced.
What to think about when purchasing a used BMW
The Bimmer’s traditional rear-wheel drive architecture and potent engines make it a great driving vehicle.
A new BMW is pricey, thus many customers choose used cars instead because they are widely accessible and reasonably priced.
What should you think about when purchasing a pre-owned BMW? Are the BMWs trustworthy? What are the typical issues? The depreciation should be taken into account first.
Depreciation: One problem with BMWs is how much they lose value over time. For instance, a BMW 3-Series that is three years old costs roughly $30,000, whereas a 3-Series that is six years old typically costs around $17,000.
This indicates that the value loss from a three-year-old 3-Series will cost you almost $4,000 every year.
Given this, choosing a 5–6 year old BMW A would be a better choice from a budgetary standpoint. Finding a good-condition BMW that is between 5 and 6 years old is not too difficult.
Ownership expenses: Compared to the ordinary car, BMWs have greater repair, maintenance, and insurance costs.
With more costly components,
Expect to pay much more each yearA for a BMW than a Honda or Toyota for premium gasoline, synthetic oil, high-end or run-flat tires, and greater repair labor costs.
BMWs are robustly constructed and well-engineered, but they won’t be as dependable as Japanese manufacturers. In general, reliability ratings for BMW vehicles range from “below average” to “average.”
It goes without saying that a secondhand BMW will occasionally require repairs. The use of plastic rather than more resilient materials is one frequent concern plaguing BMW and other European cars. With time, plastic parts deteriorate.
A Long service intervals used to entice buyers of new cars are also ineffective. Models with turbochargers are usually more problematic.
Maintenance and Repairs: Finding a reputable local repair facility that specializes in BMW may be a smart option if you intend to purchase a used BMW.
A Because of their complexity, these German machines may not be repairable by every garage.
Servicing at a dealership can be prohibitively expensive, so finding a nearby reliable BMW-specific business is a significant benefit. Even pre-inspecting the used car you wish to buy using their services can be something you think about doing.
An additional choice is DIY. You can save a ton of money if you don’t mind getting your hands dirty and you know what you’re doing.
Are BMWs Frequently In Trouble?
The BMW name immediately conjures up images of luxury. They are German-made automobiles, and German automakers are often regarded as the best in the world. Sadly, they have a track record of being untrustworthy.
This notion of unreliability was first proposed in a very small-scale, Berkeley study.
BMWs: Are they unreliable? Do they frequently malfunction? BMW has improved its more recent models, according to the 2020 Consumer Reports Car Reliability Survey. They were regarded as being averagely reliable in the past, but they are currently above ordinary.
What does this entail for you, then? If you buy secondhand, you can end up with an older model BMW with middling levels of dependability. There is no reason to believe that you will purchase a subpar brand that frequently fails.
They might not be thought of as the most trustworthy car, but they are nonetheless dependable. They are positioned at the center of the group.
BMW 3 Series, 2006–2011
The popularity of used BMW 3 Series vehicles among enthusiasts is almost cult-like. The models from 2006 to 2011 are at the top of this list. These lively compacts, which come in sedan, coupe, wagon, and convertible body styles, benefit from BMW’s famous driving characteristics and a solid reputation for dependability. For models, look for the 325i, 328i, or 330i. These omit the turbocharger and stay clear of the potential engine issues that the more potent 335i may experience. When purchasing a secondhand BMW, keep in mind one basic rule. Always choose for the model with simpler parts if you have an option. Less things can go wrong.
The BMW: a dependable vehicle?
Fortunately, ratings of BMW dependability from several organizations support that excellent reputation: Customer Reports Every BMW in the lineup received a score above average in the 2020 rankings. The i3 electric car and the X6 midsize SUV are BMW’s most reliable models, and the brand as a whole is ranked seventh.
Is a vintage BMW dependable?
When examining whether or not BMWs are reliable, the subject of age is crucial. It is frequently discovered that older BMWs—generally those produced in the late 1990s and early 2000s—are more dependable than newer BMWs. Though not always the case, take note. This applies to the majority of other brands as well, not only BMW. Early automobiles from the era have rudimentary engineering and construction. There is less of a possibility that something could go wrong because of the simplicity of the mechanical or electronic components.
Even if they do, correcting them won’t be that expensive. Newer cars, on the other hand, are quite high-tech. The iDrive entertainment system, external safety sensors, as well as the extensive web of wiring, computers, and electrics running throughout the full length of the car, are just a few of the many electrical components found in BMWs in particular. The modern engineering of newer BMWs can make them more prone to problems. Not to mention pricey, particularly once the warranty expires.
In reality, the majority of the components and labor needed to maintain and repair BMWs are identical to those for other models. Certain parts inevitably need to be replaced. The same issues might arise with a regular Honda or Toyota, but BMW’s high-performance parts will cost more just for the raw materials. In addition, labor costs are greater for BMWs because they require more time from mechanics than the ordinary vehicle. In general, you can easily expect your BMW repair price to be $1,000 or more.
Which BMW year is the most dependable?
When it comes to the creation of sport sedans, BMW has established the benchmark for premium vehicles with the E90 330i that Acura and Volvo aspire to match. The BMW E90 330i is your best option if you’re looking for a sedan that provides the ideal balance of functionality and performance without sacrificing stability and comfort.
The BMW E90 330i is one of the most popular luxury vehicles in the United States and is not only the best-selling model in the 3 Series. It also sold over 336,232 units. Even in the mid-size luxury automobile category, the BMW 3 Series received the Top Safety Pick designation in 2006. The best car options in terms of driver injury prevention and driver restraint features are highlighted by this award.
Do used BMWs cost a much to maintain?
BMWs are by far the most expensive car manufacturer to repair, claims Your Mechanic. The competition is not even close. With an average maintenance cost of $17,800 over ten years, BMW comes in #1. Mercedes-Benz came in second with an average maintenance cost of $12,900 during a 10-year period. In contrast, the typical Toyota only cost $5,500 to maintain during a 10-year period because they are recognized for requiring less maintenance.
According to Your Mechanic, such high maintenance costs are usual in German premium vehicles. Audi comes in sixth with an average $12,400 maintenance expense over a 10-year period. This is primarily a result of the pricey, high-end parts that these luxury vehicles require. Naturally, it will cost a lot of money to fix those pieces when they break or need maintenance.
However, while being premium vehicles, they also have ongoing problems. For instance, according to Your Mechanic, a BMW is four times more likely to not start than a typical automobile. It was ranked seventh overall as a result. Additionally, the window regulator on the BMW required replacement 18 times more frequently than the window regulator on the ordinary car.
BMWs still dependable after 100,000 miles?
Once more, it mostly depends on the car you’re considering. You should also think about the car’s maintenance routine. A BMW should endure well over 100,000 miles if it has been properly-maintained and receives regular maintenance. Some owners have even driven their BMWs for more than 250,000 km.
As a result, when they receive proper care, they last for a very long period. To this, it should also be added that it depends on where you live. If you reside somewhere with poor driving conditions, you should anticipate a BMW to last less than 100,000 miles, probably even less. Ruined roads, a lot of snow in the winter, and other unpleasant circumstances are examples.