Is It Smart To Buy A Used BMW?

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.

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.

Choosing a Used BMW: Model Options and Typical Issues

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.

Are vintage BMWs 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.

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.

What drawbacks come with owning a BMW?

High Costs of Ownership (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.

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.

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.

What’s it like to be a BMW owner?

Reasons to Buy a BMW BMWs are renowned for being dependable. You may drive without concern thanks to the transmission and engine’s high quality. BMWs are a terrific ride on the freeway, across the countryside, or in the city due to the CO2 statistics and reasonable fuel economy they give compared to vehicles of a comparable size.

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.