Is Buying A Used BMW Worth It?

Over time, BMW’s brand has suffered as a result of covert cost-cutting. On occasion, they use less expensive parts, which can shorten the lifespan of the vehicles. Although it often doesn’t effect individuals who purchase brand-new BMWs, their production choices have created a problem for their used cars. If you’re the kind who keeps a car for more than a few years or you often buy used automobiles, what saved BMW $5 up front could end up costing you hundreds or thousands of dollars down the road.

What Used BMW Is the Most Reliable?

You should be safe in any model if you are looking at used BMWs that are just a few years old and have few kilometers on them. It could be challenging to avoid the minefield of faulty BMWs if you are considering something older.

With the exception of the 335i produced from 2006 to 2010, the E90 generation of the 3 series is one of the most dependable BMWs that can still be regarded as current. The well-known BMW driving dynamics should be available even though the convenience amenities will lag below what contemporary cars provide.

For those willing to go even further back in time, the E46 3 series, which is one generation older, has also been praised by enthusiasts as being among the most dependable BMWs ever made, with many examples clocking over 100,000 miles without experiencing any significant problems.

Is buying an old BMW worth it?

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.

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.

Is maintaining a secondhand BMW expensive?

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

What drawbacks come with owning a BMW?

High Ownership Costs (Con) (Con) The fact that having a BMW will cost you more than buying an average automobile won’t come as a surprise. You’ll require premium fuel, top-tier tires, and more expensive, imported parts. Additionally, labor costs and a change of synthetic oil will be higher.

Are used BMWs trustworthy?

Considering a new BMW but put off by the price? Purchasing a used BMW can help you save a lot of money. These are widely available and far less expensive used than new.

BMWs have a long-standing reputation for high craftsmanship and cutting-edge technology. They are renowned for the dependability of their rear-wheel drive and potent engines. The company produces a wide variety of designs, from sports cars to luxury automobiles.

It’s crucial to conduct thorough research before considering a used BMW. Here is a look at some things to think about.

The price of owning a BMW The BMW isn’t your typical car, and neither is the cost of maintenance. If you choose to purchase a BMW over a Subaru or Honda, you should be prepared to pay an additional $2,000 a year in repair, insurance, and maintenance costs. The car needs premium fuel, improved tires, synthetic oil, as well as labor and parts that are more expensive than usual.

Depreciation. Expect a significant decline in the value of your investment. Simply by comparing the cost of a BMW 3-Series that is three years old—roughly $30,000—you can see. At six years, it is worth around $17,000, though. The rate of depreciation, on average, is $4,000 per year. This indicates that for a used automobile buyer, purchasing a model that is five or six years old is likely wiser than purchasing a fresher one.

servicing and repairs. Because they have particular specifications, you must take your used BMW to a store that specializes in the brand. If you don’t have access to this kind of mechanic locally, repairs may be highly expensive and inconvenient.

Although you can get the service done at a BMW dealership, independent shops that focus on German vehicles will normally charge lower prices. Before you buy a car, make sure you bring it to one of these businesses to be inspected.

Dependability. Although Japanese vehicles have a higher track record than BMWs, BMWs are nonetheless dependable. Auto magazines and enthusiasts consistently give BMW cars “average” or “below average” ratings. Despite the company’s claims of lengthy servicing gaps, their turbocharged versions actually seem to have more issues more frequently.

Due to the fact that many parts on BMW and other European cars are made of plastic rather than more trustworthy materials, repairs are among the most frequent. The electronic system’s intricacy is another issue.

Is the BMW 328i a reliable vehicle?

Are BMW 328i automobiles dependable? Ratings for the BMW 328i’s dependability are average. Though one of the most dependable BMW vehicles, it performs poorly when compared to other midsize cars in its class. It received a 2.5 out of 5 rating from RepairPal, placing it 30th overall out of 32 automobile brands.

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.

BMW 5 series reliability?

Is a pre-owned BMW 5 Series sedan trustworthy? With a 96.9% dependability rating, our most recent reliability data paints a favorable picture of petrol 5 Series cars. Diesel models appear to be more problematic, achieving just 89.1%. The brand BMW was ranked 13th out of 30 manufacturers in the same survey, which is respectable.

Is a BMW or a Mercedes better?

BMW remains the overall champion when it comes to luxury performance, even if the Mercedes-Benz CLS-Class is one of the best-performing large luxury sedans on the road right now. Customers should choose a BMW automobile if they want performance and style in one convenient package.

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

Why is BMW maintenance so costly?

The components of BMWs play a significant role in why repairs are frequently so pricey. BMW components are highly proprietary compared to those of other automakers, therefore repairs frequently call for replacement parts or knowledge that can only be obtained from a BMW dealer.

What makes BMWs so unique?

Some automobiles have attractive exteriors but lack the power to compete. Other vehicles are functional but not particularly attractive. BMW makes a point of designing exquisitely constructed cars that are of the highest caliber. One of the best all-wheel-drive systems in the world is that of BMW. Their BMW will gladly traverse most terrains, including snow and off-road situations, for those adventure seekers. The inside features luxurious leather seats that are as pleasant as the outside. The automobile also has cutting-edge electronics inside.

Although there are numerous vehicles in its class that may compete with the BMW, they often lack the comforts that come with owning one. You should own a BMW because it has a certain vibe when people get in, plus it’s just more enjoyable to drive than many of its rivals. Visit your neighborhood dealership right away to learn more!