Is it worth buying BMW approved used?
While BMW Approved Used Cars come with many benefits, it’s also essential to consider your budget. These cars might be priced higher than standard used cars, but the value they offer is often worth it. Think about what you’re willing to spend and what features are most important to you. Just like with any brand, a pre-owned vehicle can be a worthwhile investment mainly depending on its history and how you will take care of it. Whether you want to try out the BMW lineup or you want to enjoy what this lineup has to offer at a fraction of the original price, a pre-owned model is your best bet.High Ownership Costs (Con) Owning a BMW comes with higher-than-average ownership costs. Premium gasoline, high-end tires, imported parts, and specialized labor contribute to the overall expenses. Additionally, BMWs typically require synthetic oil changes, which further elevate maintenance costs.
Is BMW expensive to maintain?
Breaking Down BMW Annual Repair Costs The BMW annual repair costs can vary significantly by model. Generally, owners can expect to pay anywhere from $500 to $1,500 annually for repairs. A BMW can last 150-200,000 miles with proper care and if you drive the national average of 13,500 miles per year, you can expect to drive your BMW for 10-15 years according to MotorAsk.Maintenance Costs: A Closer Look On average, BMW owners can expect to pay around $1,000-$1,700 annually for maintenance and repairs. Mercedes-Benz: Slightly less expensive than BMW, Mercedes vehicles typically cost between $900-$1,400 per year for maintenance.How Long Do BMW Vehicles Last? With proper attention to the recommended maintenance schedule, BMWs can last 150,000 to 200,000 miles, which equates to your BMW lasting about 15 years—that more than answers the question of whether BMWs are good cars.
How much does a BMW i8 cost?
Starting MSRP: $147,500 * Some might even say you’re rebellious or revolutionary. The 2021 BMW i8 might just be your spirit animal in the form of a luxury hybrid sports car. It’s a progressive and unconventional Coupe and Roadster. BMW i8 (2014–2020) Why it was discontinued: Despite its futuristic design, the i8’s 3-cylinder hybrid system produced just 369 horsepower — impressive for efficiency, but not for performance purists. Sales declined as fully electric models like the BMW i4 and iX arrived, offering more power and range.The average cost for a BMW i8 Hybrid High Voltage Battery Replacement is between $5,074 and $5,758. Labor costs are estimated between $1,464 and $2,148 while parts are typically priced around $3,610.
How much does a BMW i3 cost?
The price of the 2021 BMW i3 starts at $45,445 and goes up to $52,495 depending on the trim and options. Unlike other electric cars on the market—not including hybrids—the 2021 i3 offers a gas-powered range extender for those who don’t trust running on electricity alone. The value of a used 2014 BMW i3 ranges from $2,408 to $6,256, based on vehicle condition, mileage, and options. Get a free appraisal here.A 2017 BMW i3 has depreciated $7,745 or 47% in the last 3 years and has a current resale value of $8,697 and trade-in value of $6,227.