BMW is renowned for producing some of the best driving machines the world has ever seen, yet the majority of mechanics will advise you to steer clear of pre-owned models.
Once upon a time, BMW was a renowned automaker, a premium German brand with a lengthy history and an amazing collection of vehicles crisscrossing the globe. Sadly, though, circumstances are now different for the employees at the Bavarian Motor Works. The brand has been permanently damaged with prior owners and do-it-yourselfers due to an emphasis on producing mass-market automobiles that don’t age well.
August 2021 revision: You’ll be delighted to know that we’ve updated this post and go into more detail about the many issues a Bavarian automobile owner may run into if they decide to purchase a used BMW. This should assist you in making the greatest choice for your upcoming automobile purchase.
The majority of knowledgeable owners and mechanics will advise you to avoid used BMWs, especially those manufactured within the previous 20 years or so. Simply put, they are not worth the money you will undoubtedly have to invest in them. They are expensive to repair, have expensive replacement parts, and require a lot of labor.
They certainly have a cool appearance and a certain charm. But when you force personal checks to pour in at the neighborhood Euro repair shop, that beautiful siren tune will finally hit a string of unfavorable notes. Here are 15 compelling arguments against buying a used BMW.
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It ultimately comes down to residual value.
All of these elements combine to produce the overall residual values of used BMW cars, which are, as we can see, quite low. It’s not the best situation if you’re attempting to sell a BMW because you’ll probably miss out on a lot of the money you initially spent financing, but it’s a blessing in disguise for those looking to purchase a used BMW. Make sure you can afford the upkeep and repairs if you fall into the latter category, and as usual, have a pre-purchase examination done.
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.
Is buying a pre-owned BMW worth it?
Since you’re looking for a used BMW, it’s difficult not to suggest a CPO model. A CPO BMW will cost you a little bit more than a regular used BMW, but it’s almost certainly worth it. The added cost of the car is well worth the assurance that comes with knowing that it has undergone a rigorous inspection and has been given an additional year of warranty coverage. It also demonstrates that any maintenance performed on the vehicle over its lifetime was carried out by a qualified BMW dealer rather by a haphazard mechanic, as the BMW would not have passed certification otherwise.
Any automobile purchase is made a little bit easier and living with a car is a little bit less stressful when you know that your CPO BMW was certified, inspected, and then warrantied. A CPO is definitely worth it, unless you’d like a more older and less expensive BMW.
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.
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.
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.
Long-term reliability of BMW
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.
How durable is a used BMW?
With good care, almost any BMW has the ability to last up to 200,000 or even 250,000 miles, and there will always be outliers that last even longer.
How much does a BMW require in maintenance?
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.
How long should I maintain my BMW?
BMW (6.2 years on average) BMW encourages brand devotees to update frequently with its advances in technology, safety, and fashion. BMW customers maintain their cars for an average of 6.2 years before turning them in, with 23% keeping them for more than 10 years and 54% changing them in under 5 years.
What about BMWs after 100,000 miles?
Although the average BMW can travel between 100,000 and 250,000 miles, excessive mileage is actually regarded as being a little less than this. Most dealers won’t carry BMWs with mileage over 100,000, and some even think 60-80,000 is a high mileage range for these vehicles.
Therefore, you’ve reached the high mileage area if you’re looking at BMWs with between 60 and 80,000 miles on the odometer. Keep a watch on this because it demonstrates that there are high mileage BMWs available with vastly different mileage estimates.
What are some typical BMW issues?
- Engine Cooling Unit. Overheating is a problem that many BMW owners frequently experience.
- Oil Spills.
- Under Braking, the steering wheel vibrates.
- Tail Lamp Unit
Are BMW engines trustworthy?
BMW is known for producing high-end vehicles. You could be wondering if they are trustworthy, and the answer is that they are absolutely trustworthy. Even though they have quite high price tags, they are still worth the money. They have superb and potent engines that will allow you to use them at their maximum speed.
- 1. BMW B58 Motor
- 2. BMW M20 Motor
- 3. BMW M50 Motor
- 4. BMW S62 Motor
- 5. BMW N52 Motor
- 6. BMW M54 Motor
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.
A money pit, BMW?
Historically speaking, BMWs were fairly dependable, as Scotty Kilmer demonstrates. However, they are using short cuts on current production lines, such as inserting inexpensive plastic interior components. You will pay more for the brand name even though those parts may be inexpensive to create for the assembly line because they are made for BMW vehicles.
Numerous owners who are dissatisfied with the expense of repairs claim that parts are breaking and wearing out considerably more quickly than they used to as a result of the short cuts BMW takes. As repair professionals refer to them, this makes them the ultimate money pit since you end up mending one thing, and soon after, something else breaks. In a short period of time, you spend a significant quantity of your hard-earned money.
BMWs are excellent luxury cars to possess, but their ownership costs are exceedingly high, and not only after the initial purchase. You can virtually treble the initial purchase price after insurance and repair charges are included.