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Are BMWs good long term?
According to leading research on the matter, BMWs are quite reliable. BMW models are typically rated average or below average by car magazines and hobbyists. There is some good news, however. There are long increments of time that elapse before the car needs to be looked at by an experienced auto mechanic.
Are BMW 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.
How long do people keep BMWs?
BMW incentivizes brand-enthusiasts to upgrade often with its innovations in safety and technology, as well as style. BMW clients average 6.2 years before turning in the vehicle, with 23\% keeping the vehicle for over 10 years and 54\% replacing it in under 5 years.
Are new BMWs reliable?
BMW Reliability Rating Breakdown. The BMW Reliability Rating is 2.5 out of 5.0, which ranks it 30th out of 32 for all car brands. This rating is based on an average across 345 unique models. The average annual repair cost for a BMW is $968, which means it has average ownership costs.
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.
How long is the warranty on a used BMW?
For new and used buyers who purchase before the new car limited warranty expires, BMW offers plans that extend the coverage from the standard 4-years, 50,000-miles to five, six, or seven years, and either 75,000 miles or 100,000 miles.
Why is it so expensive to maintain a BMW?
Maintaining a BMW is expensive because it’s a German car with specialty parts and technology. It’s engineered for driving enthusiasts – it’s not just a car to get people from point A to point B. For example, a battery change can cost $400 because the mechanic needs to register the battery to the engine control module.
How much does it cost to have a BMW serviced?
Let’s rip off the Band-Aid. On average, BMW owners can expect to pay between $150 to $400 per service every 10,000 miles. A major service can cost $1,000 to $3,000 or more.