Is Buying An Old BMW A Bad Idea?

Is buying a used BMW a good idea?

Yes, BMWs are awesome cars, however like most vehicles, they lose their value quickly.

Obviously, the more expensive the vehicle, the longer it takes for the value to depreciate.

Another important factor that goes hand-in-hand when looking for an older BMW is the cost of maintenance..

Why are old BMW so cheap?

It can’t be explained by age because at a little over three years old this BMW should not have lost that much value. Used BMWs are cheap because they depreciate significantly faster than most other cars.

Is owning a BMW worth it?

If you look at a BMW as being more than just a car, then yes, they are worth it. Even if it breaks at your expense. If its just another object of transportation in your eyes, then no, why spend so much money when a Pontiac Aztec, an old Minivan, or even a Bus can do the same thing ur BMW can do: Get You There.

What’s the best used BMW to buy?

The most popular used BMW choice is the 3-series, which is known for the comfort of its driver and passenger area, sense of style, good handling and reliable performance. It comes in a choice of sedan, coupe, convertible and wagon. Buyers can select either standard rear-wheel drive or all-wheel.

How long do BMW transmissions last?

Without service and maintenance, some transmissions can fail in as little as 100,000 miles. If you drive around 10-15,000 miles a year, your transmission could be down for the count in seven years! With care and service, transmissions can last 300,000 miles or more.

Which is cheaper to maintain BMW or Mercedes?

Yes, BMW’s maintenance cost after the warranty is more expensive than many other brands – luxury or not. A BMW can cost about $5,000 more to maintain over a 10-year period than a Mercedes-Benz, and $12,000 more than a Toyota.

How much does an oil change cost on a BMW?

Depending on your model and the area you live in, BMW oil change cost will vary, but at some dealerships it can cost over $100 for a luxury vehicle oil change.

Is Mercedes better than BMW?

Most of BMWs cars are lighter than a typical Mercedes-Benz vehicle, which makes them easier to maneuver around tight corners and with aggressive driving. When it comes to engine sizes, Mercedes-Benz tops the list, but remember that a larger engine without maneuverability can cause problems when you’re driving.

Is it bad to buy a used BMW?

Owning a used BMW will require ongoing maintenance and repairs. The more you drive your used car, the more wear and tear you need to consider. The price of a used BMW may be higher than other used automobiles. But the prices of replacement parts and the services they require may also end up costing you more.

Do BMWs break down alot?

Another common complaint is that the complex electronics BMW implement in their models are prone to breaking down. These “complex electronics” are worth expanding on. While BMW engine’s are often fine and problem-free, the electronics – what we can call the little stuff – are full of gremlins.

At what mileage do BMWs start having problems?

There are several parts that make up the BMW’s coolant system, any one of which is likely to fail once you have driven between 80,000 and 120,000 miles.

What is high mileage for a BMW?

High miles is no real problem especially for a BMW but saying that the car has to have been looked after well and regularly serviced with some if not full service history but most components do need replacement after 100000 miles on BMW cars so make sure to do thorough checks on one around that mileage.

At what mileage do Mercedes start having problems?

There is no answer as to how long a Merc is good for or how many miles do Mercedes last. Some models have small issues as early as 50,000 miles, while other models can go over 200,000 miles with regular car maintenance.

Are old BMWs expensive to maintain?

According to their data, BMWs are the most expensive make to maintain by far, with a 10-year cost of $17,800. They found luxury brands are generally the most expensive to own over the long haul, but far less flashy vehicles ranked high too—including a few brands that have been retired since the data was compiled.

Which series BMW is most reliable?

Although the BMW E90 325i and 328i are some of the most reliable BMWs, they’re not fault-proof. Like every other BMW engine made after 1990, the N52 came with VANOS. Essentially, this was BMW’s V-TEC equivalent, which modulated the engine’s valves for better fuel efficiency or more power.

Why is BMW bad?

BMWs get a bad reputation for reliability and quite unfairly. … If you want to own a BMW you’re going to have to take care of it as if it were a child. They require oil changes done at the right time, using the correct oil and not knock off brands from Walmart. If you maintain your BMW it will last forever.

Is BMW overrated?

Given the high cost of entry and ultimate reliability issues of almost any BMW model, we would say that ownership of one is mostly overrated. Don’t get us wrong, BMW is a wonderful car manufacturer that produces high-quality vehicles, however, owning one could come at a high price and an unwanted stigma.

What is the best old BMW to buy?

Gallery: some of the greatest BMWs ever built1995- 2003 BMW E39 M5. … 1993 – 2000 BMW E36 3-series Compact. … 1986-89 BMW E30 M3. … 1984-86 BMW 635 CSi. … 2003-04 BMW E46 M3 CSL. … 2007 BMW M5 Touring (V10) … 2011 BMW 1M Coupe. … 2016- present BMW M2.More items…•