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...
How much does maintaining a BMW cost?
Let’s get right to the point: maintaining a BMW is pricey. The cost of basic maintenance and mechanical repairs for a BMW is $968 annually, according to RepairPal. This is a lot more than the $652 yearly average for the sector. About twice as frequently as the industry average, BMW owners frequently visit the repair shop. They are also marginally more likely than owners of other vehicles to require major repairs.
So why do people adore BMWs if upkeep is so expensive? Well, performance and comfort are major factors. A BMW is more than just a mode of transportation that gets you from A to B. After all, the German automaker asserts that it creates the “perfect driving machine,” not the least expensive daily commuter.
Overview of BMW Repair and Maintenance
Although RepairPal estimates that annual maintenance expenditures for BMWs generally average $968, the cost of maintaining a BMW might vary depending on the model and where you live. BMWs are German-made vehicles with specialized parts and technology, so maintenance, even standard auto repairs, can be pricey. Take into account the RepairPal cost estimates listed below.
Why does maintaining a BMW cost so much money?
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 repairs more expensive?
Servicing your car as soon as the computer in it tells you to is the best method to cut down on maintenance costs. By seeing present or possible issues early on, maintaining a thorough and routine servicing program can help prevent the need for expensive repairs in the future.
BMW is known for having the highest levels of customer loyalty of any automaker worldwide. The cost of ownership and upkeep of “The Ultimate Driving Machine” is higher than most would think or predict, despite the widespread belief that performance cannot be priced.
If you purchased your BMW from a dealer, it should have a “BMW Ultimate Care” three-year, 36,000-mile manufacturer guarantee or service warranty. Under BMW Ultimate Care, all planned maintenance, including the initial spark plug replacement, is free. For an extra cost, Ultimate Care can be extended for up to 7 years/125,000 miles for vehicles manufactured in 2017 and later. Additionally, BMW offers customers a variety of plans that cover varying levels of maintenance, which helps owners organize their budgets effectively.
BMWs are more expensive to repair than other models, even rival luxury brands, once the manufacturer’s warranty expires. Over the course of ten years, maintaining a BMW might cost up to $5,000 more than maintaining a car like a Mercedes-Benz. Furthermore, the maintenance cost of a BMW might be up to $12,000 higher than that of a Toyota.
BMWs do not breakdown more frequently than other vehicles, according to experts. In terms of reliability, BMWs really fall in the center of the pack. The average BMW, according to sources like “RepairPal,” requires unscheduled maintenance 0.9 times annually, which is in line with the industry average.
BMW buyers adore their high-performance, luxurious automobiles despite the added cost. The best technological and safety features available are found in these elegant, high-comfort automobiles. In the automobile sector, BMW is still performing exceptionally well. Other brands find it challenging to compete with the brand on this front because the brand is connected with status, performance, and safety.
Are BMW automobile repairs expensive?
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.
Is buying a BMW 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.
How much does a BMW Series 3’s insurance cost?
The cost of car insurance for the BMW 3 Series is rather high. The annual average cost of insurance for a BMW 3 Series is $1,560. Other car models only have an annual insurance cost of $1,427. The typical cost of insurance for luxury manufacturers like Tesla is considerably higher than that for a BMW 3 Series.
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.
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
How much does a tune-up for a BMW cost?
The usual cost of a tune-up for a BMW is between $200 and $400, but if you also require an oil change, the cost may exceed $500. BMW advises having your car tuned up every year or every 10,000 kilometers.
Some of the most well-known luxury and high-performance vehicles are made by BMW. You certainly adore your BMW, but repairs and maintenance may be quite pricey. While tune-ups are an investment, having your BMW tuned up on a regular basis can help stop smaller problems from becoming bigger ones.
What is a BMW’s typical lifespan?
The durability of the car is undoubtedly one of your first concerns if you’re thinking about joining the club of “Bimmer” owners.
You don’t want to purchase a car that will break down after a year or two, leaving you with the choice of paying for expensive repairs or purchasing a new vehicle. How long do BMWs last, then?
BMWs may live more than 15 years with proper maintenance. BMWs with proper maintenance may travel far over 200,000 miles, and in certain cases, over 250,000 miles. Although this is significantly less common, certain BMWs have reportedly lasted beyond 300,000 kilometers.
In the USA, most people travel 13,467 miles (21,673 km) annually, giving cars an average lifespan of at least 15 years.
BMWs can survive longer because their average annual mileage tends to drop as they age because of this.
You may learn everything you need to know about extending the life of a BMW in the next sections of this article. We’ll also examine the typical lifespan of BMW gearboxes and engines.
How much do BMW tires cost?
Common BMW tires range in price from $150 to $350 per tire, however high-performance tires can cost up to and even over $500 per tire. Although you won’t normally require pricey tires, you can call one of our experts with BMW training to learn more about the cost of various tires for your car.
Why are BMW vehicles so good?
When you think about BMW, a few things probably come to mind, including the fact that they are a prominent brand that, like other German automakers (Audi, Mercedes), is regarded as luxury and thus pricey. BMW is one of the most coveted premium brands in the world; the cars combine performance and power with a sporty look. Additionally, they are elegant, sophisticated, and all you could ask for in an automobile while trying to create a good first impression.
Of course, owning a BMW isn’t always a bed of roses. You’ve probably heard of the company’s unfavorable reputation for having drivers who don’t pay attention to traffic laws. The Institute of Personality and Social Research at Berkeley conducted a relatively small study that served as the basis for this reputation. Although this research was widely reported in the media and on social media for a period, just 500 drivers took part in it, making it a very tiny test population.
This reputation was reinforced despite the modest size of the data sample by a survey conducted by the website Car Throttle, which found that 41% of 7,500 respondents thought BMW drivers were the least loved.
BMW is regarded as a prestigious manufacturer once you get past the unjust reputation that was probably based on a false impression from a study that has since been refuted. Unfortunately, reliability is one area where the manufacturer stumbles.
For a while now, BMW and other German brands have struggled with reliability. It’s also one of the inquiries that consumers wanting to purchase a new vehicle ask us the most frequently.
If you have to rely on something other than your car to transport you from point A to point every day, it may be very frustrating and expensive.
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.