Why Are USED BMWs SO Cheap?!

Have you ever wondered why used BMWs are so surprisingly affordable? In this video, we dive deep into the top five reasons why these luxury cars experience such steep depreciation - and why you might still want to consider buying one. From the high initial cost of engineering and technology to maintenance and repair expenses, we cover it all. Plus, we'll explain how BMW's reputation for reliability has changed, and share tips for making a smart purchase.

🚗 What's Inside:

Up Front Cost: Why do BMWs depreciate so quickly? We explore the impact of high initial prices and the rapid advancement of technology.
Maintenance & Repair Costs: Learn about the specialized parts and services that can make owning a used BMW expensive.
Reliability Concerns: Discover common issues and how BMW's reliability has improved in recent years.
Complex Technology: Understand how advanced features can become a liability as the car ages.
Insurance Costs: See how higher premiums for luxury cars affect overall ownership costs.

🎥 Key Highlights:

High Depreciation: Luxury cars, especially BMWs, lose value rapidly in the first few years.
Costly Maintenance: Specialized parts and services can lead to high repair bills.
Reliability Issues: Older models may have more problems, though recent improvements have been made.
Advanced Technology: High-tech features can be expensive to fix when they fail.
Insurance Premiums: Higher repair costs and performance capabilities lead to increased insurance rates.

🔧 Buying Tips:

Get a Pre-Purchase Inspection: Ensure the car is thoroughly checked by a trusted mechanic.
Check Service History: Look for well-maintained vehicles with regular service records.
Consider Certified Pre-Owned: These cars come with extended warranties and thorough inspections.
Budget for Maintenance: Set aside funds for routine upkeep and potential repairs.

If you're a car enthusiast who appreciates the driving experience of a BMW and are prepared for the potential costs, a used BMW can be a fantastic deal. Watch the full video to get all the insights and advice you need before making your purchase.

👍 Like, Comment, and Subscribe!
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#bmw #bmwm #m3 #m5 #x5 #bestcar #reliablecar

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[jaylinmoseley]

They're cheap because of differed maintenance. The last owner buys it, drives it, breaks it, goes to the dealership and realizes how expensive it is, then sells it cheap and the cycle continues until an eventual car guy like us buys it, falls in love with it, and parts with thousands of dollars playing catch up with all the maintenance it needs.

This is why I will not buy ANY BMW under $8, 000 that doesn't have a binder full of service records. Took me eight months to find the perfect car. Looked at well over ten cars and paid for each one's pre-purchase inspection out of pocket. I even turned one down because in the service records, it showed a 6700-mile void between one oil change.

Tldr the car I ended up buying was a stock E92 335 from a guy in his 60s and religiously maintained it with 60k miles. I paid a good $13k for it but so far six months later I haven't had to do anything except routine maintenance. The high pressure fuel pump, gaskets, injectors, all of it was addressed in its life and has the dealership records.

Moral of the story, BE PICKY WITH ANY CAR YOU WANT TO BUY.

[flipicaneze]

If you can't fix it yourself, don't buy a used out of warranty BMW. With some tools and some quick jacks, my BMW has been actually easier to fix than my Toyota.

[Soltor]

Huge E90 fan owned every model except the M, too pricey.I currently have a 07 E93 the drop top space gray with red interior🔥. Picked it up 4 years ago with 65k miles one owner well taken care of. I daily the car and have only spent about 2k in maintenance, how ever I do 90% of the work my self, and never ever ever go to the dealer for repairs find a local bmw shop and you will have a better ownership experience

[Jazlin]

The only people I really see driving BMW’s are young dudes in their early 20s.

[MrJamesshipman]

As a former bmw mechanic.
They are great cars... But you need a specialist to fix it, or it's going to be fixed wrong and cest more to put right.

Also when they brake they drive perfectly until something else brakes, Then something else, and now that you have 3 things broken it's to late. Sure you could catch it when it was $50. But now the belt shredded and pulled into the timing chain and now the valves are bent....
You could have just replaced the o ring on the oil cooler.

[jameshealan]

Bought a used 2006 550i one fine day and it was a truly awesome car with a fanged, feral beast under the hood that terrified me the first time I floored it. 3 months later, a deer decided to hop across the highway right in front of me. The insurance inspector took one look at the hood and told me they'd cut me a check and tow it off to the scrapyard. It did at least pay off the small loan I took out to buy it. Won't ever buy another one unless I hit the lottery or something.

[iamtafara]

Dude looking at 16 year old cars and saying 70% in 5 years

[cloakofanonymity]

So a plastic electric water pump located by the exhaust? This is considered German high tech engineering? I'll stick with Honda and Toyota.

[hawkinsjd]

I have a 2017 M240i. It's an amazing car. they do require maintenance but I'm not afraid. Get one with the B58 and you are sure to have a better time.

[alexkid]

Because they are trash after warranty expire

[craigslistseller]

I've owned 7 of them over the years. Grew out of that stage after better, more dependable choices became available which offered different types of fun driving experiences. Glad I did.

[mrlaw]

I have personally owned seven, and everything was maintained because I could afford to do so. Out of seven, ranging from a 318 to 650M 10 cylinder, only one serious problem on a 325, and it was the failure of the harness to the L tail light assembly.

[TheIronChainMaster]

I was told the rule with luxary cars of " if you can't afford it new then you definitely can't afford it used."

[iiiiii]

Owned an e90 335d and an e46 with the m54. Both were great cars and the 335D will probably be the best vehicle I will ever own. Good MPG, great power and torque, very reliable. You get it all. Yes some maintenance items are more expensive but oil and brakes are really the same cost as any other "sport/performance" type car.

[pastperformance]

Highly equipped used German cars come with the guarantee of needing lots of care and maintenance as they age. If you want the driving experience that a high performance vehicle can give, every thing should work as designed. Tho, it’ll cost you! Great video!

[ELXABER]

Purchase Tip 4: Make sure there isn't a long list of previous owners with low mileage till turnover. Purchase Tip 5: If it was owned by anyone under 35, get that checkbook ready, it was driven, likely sideways. I have a 325 CI and an S4, and the upkeep on the S4 is MUCH higher because it's a far more complex high-end car, but the 325 also had one previous owner who was an elderly lady.

[agrippa]

I've seen/read about BMW's having far too much PLASTIC in essential wear locations, am I wrong?

[phatoney]

I think the most I’ve ever spent 900 at indie shop. Basically because they charged me dealer prices for the parts. But I didn’t have a hydraulic lift for the repairs. Honestly you can fix most of problems yourself.

[jimw]

BMW isn’t the only one that puts out a drivers car anymore. The past 10 years of Cadillac sedans benchmarked the previous generations of BMW’s. And they held up well in my experience. They also have a lot of aftermarket support with way cheaper parts. But when GM produces a good car they somehow always forget to market it.

[josephd]

BMW owner here. Good presentation. (liked & subscribed)✌