One of the most famous names in the auto business, if not the entire world, is the BMW brand. It comes as no surprise that the demand for BMWs extends to the used automobile market, but should you purchase a pre-owned BMW?
Of course, there are a lot of things to think about when selecting whether or not to purchase a used BMW. However, the majority would advise against buying an old BMW, with a few exceptions.
Despite the brand’s reputation for performance and luxury, there are a number of headache-inducing problems that make it a bad pick for those who are unprepared.
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Are BMW vehicles a good investment? (Explained & Solved)
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.
Objections To Purchasing 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 drawbacks are there to buying 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.
What advantages come with owning a BMW?
BMWs are among the safest vehicles you can buy because of their design. Every year, BMW receives safety pick awards, demonstrating their excellence as one of the best. Active knee protection, all-season traction, upgraded braking system, hill descent control, lane departure warning, night vision, run-flat tires, and airbags everywhere are a few of its cutting-edge safety features.
BMW is known for producing some of the most opulent vehicles. Each vehicle’s construction is carefully thought out for comfort and aesthetics. Because only premium materials were chosen, you get the impression that you are driving in style. This standard is used to build even the entry-level BMW models, which also use carbon fiber or aluminum inserts to make them even sportier and more fashionable. BMWs are a well-known status symbol, so you may brag about your accomplishments.
A BMW is the way to choose if you want a car with as many features as you can get. Even the cheapest model of a BMW comes with more amenities than the majority of fully equipped vehicles from other manufactures. You receive fantastic value for your money with this. BMWs are also always in demand, which means they don’t depreciate as much as some other cars, so you can always sell it for a good price.
The cutting-edge technology included in BMWs will provide you maximum performance and speed when you are driving. They equip the majority of their models with V-6 or V-8 turbocharged engines to increase performance. Because of how well-tuned their suspension systems are, you won’t even notice the majority of road imperfections.
The Pfaff advantage entails selling you a car in the manner in which you desire. We no longer use traditional sales methods where different clients receive various discounts. You won’t need to bargain with upfront pricing.
We won’t increase the price of your deal in any way. We will make you a formal offer if you have a car to trade, but you are under no obligation to accept any of our offers. And thanks to our return and exchange policy, you can’t buy the wrong automobile.
Why do people buy BMWs?
Simply said, drivers have practically endless reasons to choose a BMW over a car from another manufacturer since BMW offers the highest performance, safety, and quality out of any luxury automobile brand. After purchasing your first BMW, you won’t ever want to purchase another car from any other manufacturer.
Is maintaining a BMW 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.
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.
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.
Who typically purchases BMW?
The majority of new BMW owners are men, at least according to who is listed on the vehicle’s registration.
According to our data, 64% of new BMW purchasers are men and 36% are women. The ratio of male to female customers across the several new BMW models showed virtually little fluctuation, according to our research.
The BMW SUV (or, as BMW prefers to name them, the “Sports Activity Vehicle(r)”) is a body design that tends to tilt more toward female purchasers. This is the BMW X-Series, which includes the X1 through the X7, for the 2020 model years.
When we look at buyers of new BMW X-Series SUVs, the male/female ratio hardly changes at all. From the entry-level X1 (current MSRP $34,950 for a 2020 model) to the top-of-the-line X7 (beginning MSRP $73,900 for a 2020 model), these models are priced differently. The X7 is moreover BMW’s largest SUV to date.
Is BMW superior to Audi?
BMW’s vehicles, which are made to provide the “ultimate driving experience,” frequently outperform Audi in terms of handling. Because of their overall stronger suspension systems that promote a smooth, pleasant ride, Audi vehicles are significantly less agile than BMW vehicles. BMW typically ranks higher for dependability
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.
Are BMWs in fact dependable?
BMW is ranked 31st out of the manufacturers on the ReliabilityIndex ranking for 2020 with a score of 177. It is barely one position above SsangYong and one position above Mercedes and Jeep (both of which have scores of 173). (which earned a score of 179 in 2020)
Do wealthy people own BMWs?
When they desire dependability and luxury, discerning high-net-worth drivers also insist on the BMW in addition to the Mercedes-Benz. Therefore, it is not unexpected that owners of some of the wealthiest zip codes in the country prefer the 328 luxury car. One of the most popular vehicles in New Vernon, New Jersey and Century City, California, where people earn an average of $750,000 each year, is the $35,795 BMW 328. It also ranks fourth among the 10274 vehicles in Manhattan.
When they desire dependability and luxury, discerning high-net-worth drivers also insist on the BMW in addition to the Mercedes-Benz. Therefore, it is not unexpected that inhabitants of some of the wealthiest zip codes in the country favor the 328.
One of the most popular vehicles in New Vernon, New Jersey and Century City, California, where people earn an average of $750,000 each year, is the $35,795 BMW 328. It’s also one of the most well-liked vehicles in Manhattan’s 10274 zip code, where the average household income is $5.7 million.