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In a nutshell, yes. Compared to other brands, BMW parts are among the most expensive. Additionally, the cost of the parts increases with the age of the BMW.
BMWs require between $5,000 and $12,000 more in maintenance than the majority of automobiles. This is so because BMWs are German automobiles produced with specialized components, technology, and parts.
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In This Article...
Is a BMW’s upkeep expensive?
Yes, it is the answer. The cost of maintaining a BMW is significantly more than that of a Toyota. BMW is a luxury brand, thus this is the situation. These brands are far more expensive to purchase and maintain.
When it comes to the maintenance costs that you will have to spend out of your own pocket to keep your BMW maintained over the long term, BMW is comparable to Audi and Mercedes.
The good news is that you won’t have to spend a fortune on maintenance if you buy a new BMW. However, why is that so?
Because new cars rarely break, this is the situation. Older vehicles break down more frequently, and fixing these issues is very expensive. Therefore, if you decide to buy a BMW, I suggest choosing one that is under 5 years old and has minimal mileage. This will essentially ensure that you won’t have to spend a fortune on repairs for this car.
The cost of repairs would increase as the age of the BMW increased. This is true since many of the components have been phased out or are extremely hard to find. They must be imported from a European nation that has them on hand, preferably Germany. BMW parts are therefore pricey.
This process is time- and money-consuming. Before you could receive that particular part for your BMW, your automobile would be out of commission for weeks, if not months. You will therefore be without a car during this time and be required to pay for an Uber or a cab. Not to mention the hefty repair bill you will be responsible for.
BMWs are expensive 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.
FAQ: BMW Repair Prices
Yes, BMW servicing is more expensive than many other manufacturers, whether they are premium or not, once the warranty expires. Over a ten-year period, a BMW may cost $12,000 more to maintain than a Toyota and $5,000 more than a Mercedes-Benz.
Because it’s a German car with specialized parts and technology, maintaining a BMW is pricey. It’s not merely a car to get people from point A to point B; it was designed for driving aficionados. A $400 battery replacement, for instance, might be necessary because the mechanic must register the battery with the engine control module. If not, the battery risk of an early demise since the vehicle won’t “know” how to charge it.
Additionally, the Digital Motor Electronics (DME) system in cars connects countless sensors and controls. A BMW may require a sophisticated method for a simple repair on another vehicle, which increases labor expenses.
Yes, a 3-Series BMW requires pricey maintenance once the manufacturer or certified pre-owned warranty has expired. A used BMW 3-Series typically costs $1,000 to $1,700 per year in maintenance and repairs.
A BMW 328i oil change can cost between $149 and $174, according to RepairPal. Nevertheless, depending on your area and BMW model, you can pay more than that.
Superior Parts
It’s usually a good idea to only use genuine OEM components produced by BMW when a repair is necessary. Although there are aftermarket possibilities at the neighborhood auto parts shop, the majority are of lower quality. This implies that you’re much more likely to experience early failure.
Replacement parts for BMW cost more, as one might anticipate. The majority of these parts are produced by prestigious companies like Bosch and Bilstein. You are purchasing premium workmanship. Maintaining high-performance vehicles is considerably more expensive. The BMW M5 is a nice illustration. This powerful sports car has improved brakes, performance tires, and a unique sport suspension.
Do BMWs cost a lot to lease?
It’s a frequent misperception that premium vehicles are expensive to lease. when in reality, this is frequently untrue.
How much the car will depreciate in value over the course of the lease term is one of the variables that affect how much it will cost. A automobile that depreciates significantly will cost extra. BMWs have high residual values, making them more valuable over time than vehicles from many other manufacturers. This implies that they might cost less to rent than consumers believe.
Depreciation does play a significant role in lease prices, albeit there are other factors as well (learn more about them here). BMWs cost less to lease because they lose less value over time. Because they are actually extremely affordable, brands like BMW, Mercedes, and Audi are all very popular for leasing.
BMWs are generally not as expensive to lease as you think they are, though there are other factors that can affect lease price.
Really, it depends. Because BMW is a luxury brand, buying one of their vehicles will cost more than buying one from a less expensive manufacturer. But you most likely already anticipated that. Although the costs of maintenance are lower than for more expensive models, the average cost of repairs is rather high. However, you may reduce the cost by performing as much maintenance at home as you can to cut down on trips to the garage. The type of insurance you choose depends on the model. Even the identical models of BMW might have significantly different insurance costs. Therefore, before you make a choice, it’s crucial that you consider how much it will cost to insurance your BMW. A BMW probably isn’t as pricey as you might assume if you were to lease one. Their low rates of depreciation make them desirable leasing vehicles because they significantly lower the monthly payments. Again, it depends on the model you choose, but we’re confident that the lease will be less expensive than you anticipate.
I hope this helped you get a sense of how pricey or economical owning a BMW is.
The Total Cost Of BMW Maintenance
You’ll ultimately wonder how much a luxury BMW typically costs to maintain if you’re looking to buy a new or old one. We’ve tried our hardest to provide you with a thorough overview of the prices and what to anticipate for various models and model years in this blog. Let’s begin with a brief response:
In terms of maintenance costs, BMWs cost the most to own ($968 on average annually). The $646 average for all automobile brands is far higher than this. The average cost of replacing a BMW item is higher than normal, and frequent replacement is required. This indicates that BMWs are more expensive than other premium automakers like Mercedes-Benz ($908 annually) and Lincoln ($879 annually).
That, however, hardly captures the entire picture. The annual maintenance costs of the most popular models and the relevant model years are shown below. Additionally, we’ll examine the eight most typical service issues and talk about the associated expenditures for a BMW. We’ll also explain why a BMW is regarded as cheap or expensive in maintenance and compare the annual maintenance costs of a BMW to those of 23 other automobile brands. Read on!
Why do BMW parts cost more?
Because it’s a German car with specialized parts and technology, maintaining a BMW is pricey. BMW is not only a vehicle to move passengers from point A to point B; it is designed for driving aficionados. BMW’s advanced technology calls a specialized certification to be repaired correctly. A skilled BMW mechanic will possess the knowledge necessary for a thorough and effective repair.
A $400 battery replacement, for instance, might be necessary because the mechanic must register the battery with the engine control module. If not, the battery risk of an early demise since the vehicle won’t “know” how to charge it.
Why is a BMW so pricey?
The German carmaker is renowned for producing well-built, premium vehicles.
Compared to competing models, BMW automobiles can last up to five times longer.
It has been demonstrated by unaffiliated third parties that BMW is enduring and pricey to purchase.
Because of their high-quality engines, they are among the most durable luxury vehicles on the planet.
BMW parts are incredibly durable because they are constructed from premium materials and put together carefully and precisely.
Low-friction surfaces and the best materials are used in the construction of BMW engines to ensure long-lasting efficiency.
In the long term, these engines are reasonably priced since they consume less fuel than those in other premium automobile brands.
BMW is guaranteed to survive longer than the majority of other automobiles.
With routine maintenance and care, a BMW can survive much longer than that—some models can travel more than 200,000 miles.
By driving your car correctly, you can extend its lifespan and prevent breakdowns. To do this, you must learn the techniques of the trade.
BMW repairs still cost a lot?
If you’ve done any research on BMWs, you probably already know how pricey they are to maintain. But you’ll have to pay a premium if you want a BMW. The industry average for maintenance costs is $652 yearly. Unfortunately, expenditures for BMW owners are roughly twice as high as those for owners of other models.