Should I 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.

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.

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.

Which used BMW should I purchase?

  • BMW i3. If you buy a used electric i3 that is a few years old, you shouldn’t lose too much in depreciation because the value of these vehicles is declining extremely slowly.
  • 5 Series BMW (2010-2017)
  • BMW X3 (2010-present) (2010-present)
  • BMW Z4 (2009-present) (2009-present)
  • 1 Series BMW (2011-present)
  • 3 Series BMW (2005-2015)
  • BMW X5.
  • 7 Series BMW (2001-2008)

Which BMW model is the best to purchase?

  • BMW E30 M3 (1986-1991) The very first BMW M3 produced, the E30, is regarded by many auto aficionados (including us) as the best M3 ever. It was the BMW M3 that started it all.
  • BMW i8 (2014-2020) (2014-2020)
  • 4 Series BMW (2014-present)
  • 3 Series BMW (1975-present)
  • BMW X1 (2009-present) (2009-present)
  • BMW Z3 (1998-2003) (1998-2003)

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.

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 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.

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.

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.

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.

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.