One of the most popular BMW vehicles is the 3 Series. We made the decision to contrast its upkeep and repair expenses with those of the Audi A4, Nissan 370Z, and Lexus IS models from a few other manufacturers. We’ll examine the five-year costs of owning 2019 and 2015 model years, like we did before.
The differences between the BMW 330i and the Audi A4 for 2019 models are minimal. Although repairs are substantially less expensive, Lexus IS 300 maintenance expenses are comparable to similar vehicles. However, the Nissan 370Z prevails since it requires the least amount of upkeep and repairs.
Let’s examine the 2015 Lexus IS 250, 2015 Nissan 370Z, 2015 BMW 328i, and 2015 Audi A4 now:
You’ll observe that among these vehicles, BMW has the highest ownership costs. In fact, YourMechanic discovered that over the course of ten years, BMW owners spend $17,800 on maintenance and repairs. That is more than any other brand, including Mercedes-Benz, Cadillac, and Audi, that was surveyed. Porsche, on the other hand, was left out of the poll and receives a worse dependability rating from RepairPal: BMW receives a score of 2.5 out of 5, while Porsche receives a score of 2.0 out of 5.
The Nissan and Lexus models will also prove to be significantly less expensive to maintain over time. Nissan is not a premium brand, despite the fact that the 370Z is undoubtedly a luxury sports car. Furthermore, since it’s a Japanese car, repairs are less expensive.
Lexus is a comparable tale. Since Lexus is Toyota’s luxury subsidiary, many of their vehicles’ components and engines are interchangeable. The LX, ES, and GX have the same engines as other Toyota models, whereas the Lexus IS 300 and 250 have unique engines that require premium fuel. The benefit of being one of the most dependable brands extends to Lexus automobiles.
It is helpful to compare BMW maintenance prices to those of other brands. On the other hand, we’re confident that many owners would concur that driving a BMW has a certain exciting quality. In a league of its own, it. Perhaps after getting behind the wheel, you’ve determined that the cost of maintaining your BMW 328i is worthwhile. Just don’t utilize a mortgage loan to pay for them.
Last but not least, the annual repair cost rankings for all of these brands are as follows (through RepairPal):
- Mazda: $500
- Lexus: $551
- BMW: $968
- Audi: $987
In This Article...
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.
The Real Price Of A BMW 3 Series
One-step plug and play is not typically associated with vehicle ownership. Owning a car or any other type of vehicle requires consideration of a variety of issues. We’ll be examining the ownership expenses of BMW’s best-selling model, the 3-series, in more detail in this discussion.
BMWs from the past have a reputation for being unreliable, and to some extent, this is still true. There are differing opinions among BMW enthusiasts about both the adored M3 and the notoriously unreliable E60 M5. However, things have improved as BMW is currently ranked as the 9th most trustworthy brand by Whatcar.
Moving on to the vehicle in issue, the latest iteration of the BMW 3-series has been praised for its dependability and appears to be superior to its fellow German rivals, the Audi A4 and the Mercedes-Benz C-class.
Over the course of five years, the real cost of owning a BMW 3-series is $58,870. Numerous factors, including depreciation, insurance, fuel, and maintenance costs, are taken into account; their breakdown and associated costs are provided below.
How much does it cost to keep a BMW running?
For a BMW, the average yearly maintenance expense is around $950. Although this is hundreds of dollars more than the national average, it makes sense given that BMW is a luxury brand.
Depending on your vehicle’s model, trim level, and mileage, your specific maintenance charges will vary. Let’s look at a few samples of typical annual prices for various models, going from the most costly BMW to the least expensive.
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.
Is owning a BMW a wise idea?
BMW’s overall reliability outperformed that of high-end rivals including Mercedes-Benz, Porsche, Lincoln, and Acura. the J.D. Power A 2019 study assessed how frequently 3-year-old vehicle owners encountered mechanical issues over the course of a year. In this study, BMW reliability also performed better than average.
Is the maintenance cost of a BMW the highest?
Based on projections of total vehicle maintenance over a ten-year period, BMW leads the list as the priciest automobile brand to maintain, followed by Mercedes-Benz.
BMW 3 series maintenance costs are they high?
During its first ten years of use, a BMW 3 Series will require roughly $13,219 in maintenance and repairs.
This costs $1,258 more than the industry standard for luxury car models. Additionally, there is a 40.39% likelihood that a 3 Series will need a significant repair within that time. This performs 0.83% worse than comparable cars in this category. The following graph shows how these expenses and the likelihood of repairs will rise over time.
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Are BMW repairs less expensive?
When calculating the total cost of ownership for BMWs, like with any other car, truck, or SUV, it’s critical to account for the expenses for routine maintenance. Examining the overall reliability rating of the vehicle can be one technique to assist you in determining the possibility of potential problems. A car is more likely to need maintenance and experience breakdowns if its score is lower. BMW is rated as the 30th most reliable car brand out of 32 by RepairPal, receiving a score of merely 2.5 out of 5.0.
BMW, nevertheless, was rated as the seventh most trustworthy automaker in the United States in 2020 by the J.D. Power Vehicle Dependability Study. BMW was ranked higher than other high-end manufacturers including Cadillac, Audi, Mercedes-Benz, Jaguar, and Chrysler. With such contradicting scores, we advise researching the individual BMW model you now own or are considering buying to see what common maintenance and repair difficulties they may experience.
BMW is the most expensive brand to service in addition to these varying reliability ratings. In fact, throughout the course of ten years of ownership, BMW owners can anticipate spending $17,800 on average. Mercedes-Benz is the second most costly brand, costing over $4,900 more than BMW.
With Supreme for Highline Vehicles, you may discover comprehensive coverage for a number of BMW models as well as a number of other luxury automakers’ models, including Porsche, Audi, Mercedes-Benz, Jaguar, Land Rover, and more. This inclusionary addition to our all-inclusive Supreme plan will assist in covering the expense of breakdowns and repairs for your luxury car, allowing you to save money and quickly get back on the road.
Are insurance costs for BMW high?
How much does insurance for a BMW cost? The price of a BMW goes beyond its higher-than-average MSRP. BMW car insurance runs $1,788 a year, or 25% more than insurance for a regular vehicle. You should exercise caution when looking for a policy because BMW insurance is more expensive than the average.
Why are used BMWs so inexpensive?
The oversupply of BMWs on the used market is one factor contributing to their low price. Similar to other products, when there is a surplus and a decrease in demand, the price of the commodity falls. If you’ve ever looked at a new BMW, you’ll note that practically every model has excellent lease offers. But what takes place when those vehicles are rented, returned, and then traded in?
BMW lease returns are normally either sold at auction or offered for sale as certified pre-owned vehicles on dealer lots. Additionally, when dealer lots are overflowing with CPO vehicles, it lowers the cost of the vehicles not just for dealerships but also for individual sellers. And whether you’re a dealer or an individual selling a car on the street, you must price the vehicle you’re selling in accordance with the going rates in the market in order to maintain a competitive edge.
Is purchasing a BMW worthwhile?
When BMW began promoting its cars as the “Ultimate Driving Machine” in the 1970s, the company soon grew to become one of the world’s top luxury automobile manufacturers.
BMW has a long history of producing eye-catching vehicles and SUVs that receive high praise from automotive writers.
Both auto fanatics and everyday people who just want the best for their vehicles greatly prize them.
Because they are high-performance luxury vehicles with excellent interiors, a smooth ride, high levels of comfort, and some of the best technological features available, BMWs are a good investment. BMW is a brand that embodies high status, and their cars offer an exceptional driving experience.