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Are BMW really more expensive to maintain?
Is BMW maintenance expensive? 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.
Are used BMW cars reliable?
Depreciation: One issue with BMWs is that they depreciate a lot. Reliability: BMW is well-engineered and solidly built, but it won’t be as reliable as Japanese brands. Generally, BMW cars are rated ‘average’ or ‘below average’ for reliability. It’s pretty much given that a used BMW will need some repairs now and then.
Is it better to buy an old BMW?
However, if you want to buy an old classic and restore it, it will certainly be a better option than buying a late model BMW that’s also guaranteed to have more than its fair share of issues. At least old models are appreciating and a lot of fun to drive.
Is it worth it to do work yourself on a BMW?
You definitely shouldn’t do work yourself if your car is under a factory or CPO warranty. As we mentioned above, BMW is known for its high maintenance and repair costs. Let’s remember that those two things are different.
Are BMWs still worth the money?
Not only do reliability and high running costs continue to be a problem, but the driving experience has become numb. Plus, basic BMWs are no better than comparable cars. For example, there is nothing better about a BMW 535i than a comparable Cadillac or Lexus.
Is it worth it to buy a used BMW for under 10000?
Service experts at Prescott Import offer this: “Though you can buy the car for under $10,000, you will probably pay more than that for insurance premiums, maintenance, repairs, and gas over the course of a single year.” It takes a lot of research to know which used BMW models are actually worth purchasing and sinking money into.