Quick Answer: Why Are Used BMW So Cheap?

Why is the resale value of BMW so low?

There are many reasons here, but it is not just limited to BMWs.

Almost all high-volume German-made cars depreciate relatively quickly.

The main reason is related to the fact that the German government mandates the use of natural, biodegradable rubber in almost every part of the car..

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.

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.

Which German car is most reliable?

10 Most Reliable German CarsPorsche 911.Audi A5.Mercedes-Benz C-Class.BMW 2 Series.Audi A4.BMW 4 Series.Mercedes-Benz CLA.Mercedes-Benz E-Class.More items…•

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.

What year BMW is most reliable?

Below is the list of the 5 most reliable used BMW models and engines.2006-2011 BMW 3 Series. … 2004 to 2010 BMW 5-Series (E60 and E61) … 2002 to 2008 BMW 7-Series. … 2008-2011 BMW 1 Series. … 2006-2010 BMW X3.

What is the best second hand luxury car?

Today we look at 10 such used luxury premium cars that you buy for under 20 Lakhs.Audi A6 (2012-2014) … Audi A4 (2013-2016) … BMW 5 Series (2012-2015) … Mercedes Benz C-Class (2012-2015) … Mercedes Benz E-Class (2012-2016) … BMW X1 (2012-2014) … Audi Q7 (2012-2013) … Range Rover Evoque (2012 or Earlier)More items…•

Is it a bad idea to buy a used BMW?

When purchasing a used BMW, it’s important to be aware of the depreciation. … BMWs can be more expensive to maintain than non-luxury cars and older model parts can be hard to come by. Remember, luxury vehicles, no matter the year, require higher quality gasoline, oil, and tires than most other vehicles.

Why are used luxury cars so cheap?

Used luxury cars are often cheap to buy because they depreciate quickly, they are expensive to run and maintain and have a lot of advanced features that can go wrong over time. Also, the sort of people who can afford to buy expensive luxury cars brand new are probably not going to want to buy a used example.

Do BMWs break down a lot?

Then they complain that it breaks down a lot and it’s so EXPENSIVE to fix! Anything is reliable if you take care of it. Anything is unreliable if you don’t. Just as ANY other car brand, some BMWs are more reliable than others.

Which BMW holds its value best?

Here are just a few of the BMW models that hold onto their value long after you drive them off the lot.BMW X3. Despite being a somewhat pricey choice for a crossover SUV, the luxurious BMW X3 is an excellent option for those wanting a vehicle that won’t depreciate too quickly. … BMW 2 Series. … BMW Z4.

What cars dont depreciate?

15 Fun, Affordable Cars That Aren’t Likely to Depreciate1978–1989 Porsche 911. Greg SharkoCar and Driver. … 1993–1995 Mazda RX-7. … 1993–1997 Toyota Land Cruiser. … 1991–1995 Toyota MR2 Turbo. … 2001.5–2002 BMW M Roadster. … 2001–2006 BMW M3. … 1995–2001 Acura Integra GS-R. … 2006 Mitsubishi Lancer Evolution IX.More items…•

At what mileage do BMWs start having problems?

Coolant Systems that Fail With several parts that make up the BMW’s coolant system, any one of them is likely to fail once a BMW owner has typically driven their vehicle between 80,000 and 120,000 miles. It’s important to note that regular servicing is the best to prevent costly and unwarranted repairs.

Is buying a used Mercedes a bad idea?

Are there drawbacks to owning a used Mercedes? No question, a used Mercedes doesn’t guarantee you a perfect ride for years and years. When you buy any used car, you are taking a chance. In addition, Mercedes models are luxury cars and can have higher maintenance and repair costs.

What is the best used luxury car for the money?

2018 Tesla Model S. Average Price Paid: $53,794 – $88,800 | USN Overall Score: 9.2/10. … 2015 Lexus GS. Average Price Paid: $23,572 – $27,806 | USN Overall Score: 9.0/10. … 2018 Mercedes-Benz GT. … 2016 Lexus GS Hybrid. … 2015 Lexus RX 350. … 2018 Tesla Model 3. … 2016 BMW X1. … 2018 BMW 5 Series.More items…•

Should I buy a BMW with 100k miles?

As vehicles age it becomes more and more important that the owner took care of the maintenance and repairs on the vehicle. High mileage BMWs can offer a ton of value to second, third and fourth owners, but once you get around that 100,000 mile marker it becomes paramount that the vehicle has been well maintained.

Is a BMW a reliable car?

Ultimately, BMW aren’t necessarily considered the most reliable car on the market. But they are still loved by many, and their overall score shows that the design, quality, and performance offsets the fact that they aren’t the most dependable car on the market.

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 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.

How many miles is a BMW good for?

200,000-250,000 milesUsually 200,000-250,000 miles with good maintenance.

What problems do BMWs have?

The 4 Most Common Problems & Repairs on BMWsEngine Cooling System. A common issue many BMW owners face is their vehicle overheating. … Oil Leaks. … Steering Wheel Vibrations Under Braking. … Tail Lamp Assembly.