Is a used BMW worth it?

Many experienced owners and mechanics will tell you to stay far away from used BMWs, especially ones from the last 20 years, or so. They are simply not worth the money you will no doubt have to pour into them. They break easily, the parts are expensive, and the labor costs are astronomical.

Are used BMWs reliable?

J.D. Power: A 2019 study (which has been conducted every year since 1989) measured problems experienced by original owners over a 12-month period in three-year-old vehicles. BMW was above the industry average in this study, attesting to the used BMW reliability compared to other brands.

Is it expensive to maintain a used BMW?

However, as BMWs are luxury vehicles, they will be more expensive to maintain and repair than other makes and models. BMW owners can expect to pay upwards of $1,000 to $1,700 for overall maintenance and repairs each year.

How long will a used BMW last?

Almost any BMW has the potential to run for up to 200,000 or even 250,000 miles with proper maintenance–and there are always going to be outliers that go further.

Why used BMW are so cheap?

Why are used BMWs so cheap? They cost a lot to repair, the market is oversaturated, they have low residual value, and they are competing against new BMW pricing incentives. BMWs might be affordable in their used state, but that doesn't mean they're worth the investment. We hope this information was helpful!

Why Used BMWs Are So CHEAP

What are the cons of buying a BMW?

High Ownership Costs (Con)

You'll need premium gasoline, high-end tires, more expensive parts that are imported. You'll also pay more for labor and your synthetic oil change. At the end of the day, BMWs are a the top of the list of most expensive cars to maintain .

What is the cheapest BMW to maintain?

The 3 Series is generally the cheapest BMW to maintain in the manufacturer's current lineup, and drivers pay about $748 per year to do so. Some vintage models are also cheap to maintain, like the BMW E28.

What mileage is too high for a BMW?

If you're considering a used BMW, you'll want to consider the following factors when determining the condition of low mileage used cars: Use – What is considered high mileage? Anything over 75,000 miles falls under this category.

How much does an oil change cost on a BMW?

A BMW oil change costs on average around $180 to $250 at a BMW dealership or $120 to $180 at an independent mechanic. However, for around $80, you can do-it-yourself (DIY), which we'll explain in this article. BMW recommends you to change the oil in your car every 10,000 miles or a year whichever comes first.

Which BMW lasts the longest?

iSeeCars: The BMW M6 is on a top 10 list from iSeeCars of the Longest-Lasting Sports Cars, with some of them lasting over 200,000 miles. So if you are worried that a high-performance M6 is a rash purchase, worry no more.

What is the average life of a BMW?

With the right kind of care, you can expect your vehicle to last for 200,000 to 250,000 miles—or even longer! Maintenance and care are key factors that determine a vehicle's long-term longevity, but as the aforementioned studies show, you can expect every BMW to deliver above-average results.

Why are BMW oil changes so expensive?

Depending on where you go for services, such as either at your local BMW dealership, a certified repair facility or an ASE Certified technician, a BMW oil change typically costs anywhere between $85 and $250+ due to the need for high-performance or a synthetic blend motor oil.

Are BMW expensive to insure?

Are BMWs expensive to insure? BMWs are no more expensive to insure than rivals from other premium brands such as Audi and Mercedes. The cheapest models to insure are the 2 Series Gran Coupe and 2 Series Active Tourer which have very few natural rivals.

Is it worth buying a 5 year old BMW?

For most drivers in the market for a used BMW, buying one that's four to six years old provides a nice balance between cost and the latest features. A well-maintained BMW from 2017 for example, can still give you the ADAS technology and sporty performance you want for thousands less than a new BMW.

What year BMW is most reliable?

What years was BMW good?

How much is a BMW tire?

Tire rates can vary greatly depending on the type of tire and size of tire you are purchasing. Common BMW tires are priced between $150 - $350 per tire, however, High-performance tires can cost anywhere between properly over $500.

Can anybody change oil in a BMW?

Can I Get My BMW Oil Changed Anywhere? Yes, you can get your BMW oil changed at any mechanic shop that offers oil change services.

How often do BMW need oil change?

Even your BMW owner's manuals recommend an oil change every 15,000 miles. And on most BMW cars, the reminder lights on the instrument panel are set to remind the driver to change their oil at this time, too. But, changing your oil sooner can help prolong engine life and performance.

Is BMW considered high end?

According to Kelley Blue Book's Brand Watch, BMW is the “most considered” luxury car in America, and customers simply can't get enough of the German brand.

Can BMW get to 300k miles?

How to Get the Most Out of Your BMW 3 Series. While a BMW 3 Series can last 200,000-250,000 miles, there are many cases where 3 Series models have been driven more than 300,000 miles with no serious mechanical issues.

What is a poor mans BMW?

American-market cars came with 1.6 liter versions of the L-series four used across the range, and claimed 96 HP right out of the box. The 510 was as powerful as many sports cars of the day, and weighing no more than a ton for most versions, it's no surprise how quickly it became known as a “poor man's BMW”.

Which BMW holds its value best?

The BMW 2 Series holds its value even better, with the most accurate BMW resale value estimates expecting it to retain around 49% of its total value after five years. Once again, around 25% of that depreciation takes place within the first two years.

Which BMW is best to buy?