Remove the Band-Aid now. Every 10,000 miles, BMW owners may anticipate paying between $150 and $400 per service. A significant service may cost up to $3,000 or more. In the end, owners spend more on maintenance and repairs than most brands, between $1,000 and $1,700 annually.
You may always purchase an extended warranty, either directly from BMW or through a third-party service contract, if you’re concerned about future ownership costs. Standard BMW maintenance expenditures are not covered by a car warranty, but it will cover pricey items that are more prone to break over time.
We’ve combed the market and selected a handful of the top third-party extended vehicle warranty companies because there are many possibilities for extended coverage. These are businesses who did well in regards to things like price, standing, and customer support.
To help you reduce your out-of-pocket vehicle ownership costs, compare the best BMW extended warranty packages above.
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.
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.
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.
Why is maintaining a BMW so expensive?
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.
Are BMW components 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.
How frequently must a BMW be serviced?
About every 5,000 miles, or in a year or two, you’ll bring your model in for maintenance. No matter how long you drive on the roads around Philadelphia, the BMW Maintenance Schedule is designed to keep your car running at its peak.
BMWs: Are they worth it?
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.
Are BMWs trustworthy?
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.
After 100,000 miles, are BMWs still dependable?
BMW is renowned for producing opulent vehicles with outstanding handling and driving dynamics. Do BMWs still be reliable after more than 100,000 miles on the road?
JD Power and other reliability evaluations have routinely placed BMW among the top ten most trustworthy cars.
Furthermore, having driven a BMW myself, I can vouch to the reliability of these vehicles, even after more than 100,000 miles on them. Some models are trustworthy while others are not, therefore it also depends on the models. They require maintenance, but any vehicle that you want to keep in good running order requires maintenance as well.
It heavily depends on the circumstances. It has been said that several BMW models, including the E46 and the E90, can go more than 300,000 miles on a single charge.
This, however, depends on a number of variables. For instance, it’s possible that your car may need significant repairs after 100,000 miles if you don’t change the oil in it frequently or maintain it properly.
Are BMWs prone to breakdowns?
The only fully electric BMW in this study is the i3, which is also the first mass-produced electric vehicle to leave Germany and the only fully electric BMW on the market in 2019. The producer will launch a number of new electric vehicles in 2021, including the BMW ix3.
Despite the fact that there are over 17,000 of these vehicles on UK roads, ReliabilityIndex was unable to compile an accurate performance report due to a lack of data.
The Which? consumer reliability survey included more than 55,000 participants, and with this number of responses, there was enough information from BMW i3 owners to create a comprehensive picture of the car’s dependability.
A remarkable 16% of newer vehicles contain faults. When they do have problems, they are also quite quickly fixed; the average downtime for an i3 in the 12 months before to the poll was just one and a half days.
The number of cars that had a fault so severe it forced them off the road entirely was 4.4%, despite the fact that the fault rate is well below average (which is positive). Although this is higher than the industry average for more recent electric vehicles, the entire % needs to be viewed as a number as with other data-based statistics. Less than 1% of all new BMW i3 owners are actually impacted by the breakdown rate, which is only 4.4% of the 16% total recorded issues.
Serious motor troubles, which can occasionally result in a full motor failure, and ventilation system problems are the most frequent problems that i3 owners report.
According to statistics gathered by Which?, 36% of owners of older i3 models (between 3 and 8 years old) reported having a problem with their car. 7.4% of owners reported having trouble starting their cars. The i3 is not like many older automobiles, which require much more time to fix than their more modern rivals. Owners were without their cars for an average of two days when the vehicle needed to be taken in for maintenance.
The engine electrics were the main problem customers had with an older generation i3. 15% of owners who experienced a problem determined that this was to blame. Battery charging issues were reported by a very tiny percentage of owners.
Overall, evidence obtained from current owners of the i3 by Which? indicates that it is a dependable electric vehicle. Due to this, the upgraded model received four out of five stars in the 2020 consumer report. Older models only received two stars out of five since they were not thought to be as dependable, had more major breakdowns and troubles, and were not thought to be as desired.
The i3 is a model that you may be considering if you want to go electric, and its reliability makes leasing a new car a very appealing option. Especially when you consider the stark disparity in reliability between the newer and older versions.
Do BMW oil changes cost more money?
Response given by. You are correct! An oil change for a more cheap automobile will often cost between $35 and $75, while an oil change for a BMW will typically cost between $135 and $175. There are three reasons why prices differ: oil type, components, and labor
What does a BMW oil change cost?
How much does a BMW oil change cost? BMW oil changes typically cost between $135 and $175, with parts and fluids accounting for roughly $90 to $110 of that total and labor making up the remaining percentage.