Why are Used BMWs So CHEAP?
ฝัง
- เผยแพร่เมื่อ 13 มิ.ย. 2023
- There are many hidden costs with used BMWs! So although they look cheap, they might not be cheap for you if you're looking at buying a used BMW. There are reasons they are cheap, including depreciation, maintenance costs, ownership costs, and just BMW problems that will hit you.
So if you're looking at a used BMW and considering buying that used BMW, then you'll want to understand why the price is much lower than you'd expect.
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imagine some random dude just roasting your car in a parking lot and filming it lmao.
Thanks
@@ECPP lmao
He certainly isn't making any friends at the BMW dealer or any German car dealerships for that matter!😄
@@germanengineering204 no offense to him. Like i would be pissed if some dude was filming my var and roasting it and putting it on youtube.
It happened to me and let's say thanks to my 5 finger discount tool I have a brand new Lambo now... Lol
To be fair… this video sums up any luxury vehicle brand. If a car costs 100k to buy new, then its a 100k car that needs 100k type of servicing. Just because you paid 10k, doesn’t make it a 10k car. It’s still a 100k car.
Yea but some are just overpriced and depreciated quickly
That's actually a pretty intelligent comment.
Bentley cars are prob the biggest surprised falls because the maintenance cost makes German cars pale in comparison
@@fernandocard9980 what?? Bentley is German 🤣 made by VW
@@Tombradyjockstrap England
Usually it's not the cost of the parts that is prohibitive, it's the cost of labor. When the warranty runs out, find a reputable independent BWM repair shop (I found one that was started by former service technicians from a local BMW dealership, so they're all certified, etc.). They were much less expensive on the labor + they don't nickle-and-dime on every little thing.
Yup this!
Every single thing .
What i noticed is your paying double the labor costs .
It seems the dealer extorting the costumer for their share .!!
If the labor cost is $100 the total labor costs will be $200.
Yep. Was lucky to find one near my house. Told me everything that is in need of replacement in my 100,000 miles X3 But was honest about if they needed replacement asap or could wait a bit. Dealer woulda ripped me on the price.
Major brands make money on service mostly, not on sales. From what I heard tho
I did the same with my mini cooper
Driving a BMW is like falling in love with a beautiful woman…you’ll pay whatever it takes to keep her.
Ice
Sugar daddy!
Thats why BMW means (Be My Wife) 😁
The Ultimate Driving SIMP
But fails you eventually cause the bitch is too expensive.
I have owned BMWs for 41 years now. I really hate to see them use so much plastic. Great video Mark !
Thank you very much. Yes that plastic is a mess
There are plenty of places where it doesn't detract from value but others where it does not belong. For me it's anything with fluids needs steel and rubber, not plastic. Valvecovers are now common and stump me because I don't know yet on them.
BMWs are supposed to be a premium brand. There is no reason for them to use plastic for certain car parts
I prefer mercedes n lexus than bmw...
Plastic reduces weight and improves performance and MPG. That's why they use plastic where it makes sense to do so.
I used to work at a used car dealership in Los Angeles. Used BMWs and Mercedez were usually purchased by people with bad credit. Many of them were repoed because whoever bought it could keep up with car payments when the expensive repair bill came up. We had a 2003 (I think) 7 Series BMW that we sold for about 5k and the dealer made almost 18k profit on it because it got repoed so many times and sold again.
LOL, I see a lot of people in the hood driving used luxury cars.
@@ML_1515 The ones that did not look under the hood?
@@ML_1515 lol. thats how it is.
I LIVE IN THE HOOD. My street is solid Mercedes, BMW, Lexus. Not a single Toyota, Ford, Nissan or HOnda. I'm at a loss as to how they afford these cars.
@@Hemond1 LOL, they probably get repo’d tho.
I gotta say, your thumbnails are very good, gets me every time, but your content is always entertaining! Look forward to your videos 👍
I have a 2018 X3 M40i, bought at 3 yrs old (lease turn in). After my warranty ran out, I was so lucky to find a garage near me that works on German cars. They're honest and reasonable - my oil change cost $135. So when I decide to get another car I'm planning to get another BMW. This is my 2nd one and I love it.
Nice
Oil changes should be $40 max. You think $135 is a good thing???!
@@bamwa BMWs use synthetic oil, at a shop like Valvoline or Jiffy Lube they charge a premium and it's around $90 to $110, but if you do it yourself it's $40 like you said.
@@bamwaI do my own oil changes on a Jeep grand Cherokee w/ a hemi it’s almost $100. $40 my ass
@@bamwa$40??? That was in 2003 😂😂😂 even a Corolla cost approx $60 conventional oil
I have also noticed that some just look at the price tag of a bmw, Mercedes etc and think “I can buy it”, but fails to count in the high maintenance costs that u have to pay in order to keep them work and be reliable. So when they realize it, they often cheap out and buy 3th party parts and then when they fail they blame the car, and then they sell it, and the next buyer will buy it and the loop continues.
If u take care of the car as scheduled and keep up with the maintenance they wont break down as much.
My Toyota Camry 1998 has 296K miles and still running smoothly. Oil change is $40
But it’s a Toyota it’s…. Not good
@@jackz4149?
My dad still has his 1984 Corolla and works just fine. No major work done for a 400K mile car. Every 3K miles, replace oil and use premium gas.. My mechanic is Eddie Murphy;s mechanic and he drives a beat up 1982 Corolla. You know a great mechanic when they drive beaters around.
Over here comparing a old Toyota to a new BMW 🙄
Honestly Toyota with it's quality is the queen of cars. I did have question does your Toyota require a lot of maintenance? I was thinking about buying a luxury car let's seriously how can you beat the quality of Toyota
Excellent video brother. Blessings 🙌
If you're paying $400-$500 for an oil change on your BMW you deserve to pay $400-$500 for an oil change on your BMW LOL
That's steep! Canada prices are expensive....Mine where $120USD....Before I started changing my own...Thank God for FCP Euro!
@@charlesl86
I'm going to assume he's exaggerating but walking around any BMW dealership I wouldn't be surprised if they tried billing that for an oil change. Afterall, these are cars with no oil dipstick now.
Don’t know what this is….I was told around $180 at my dealer in Ottawa for an oil change on my X3.
Yeah... you're paying for that luxury showroom.
Facts lol
Good video. You point out several of the BMW issues. Same could be said for Mercedes. Some of the German cars are loaded with 70+ computers. We all know how long computers last and they are expensive to replace.
Those are not computers but a Module. The cars run on a Local area network called CAN. Those modules are network nodes assigned to carry out your commands. The modules are plentiful and easily replaceable. I swapped many before. Euro spec ones have many features added that the US ones don't have. Like automatic windows UP when you leave the car. The modules are usually 50 dollars.
They are not computers…
We’ve have had several bmws (and other European brands) since I was a kid and they always seem to have random electrical gremlins.
German engineering is futuristic tech which comes with unforeseeable issues that’s why they’re so saught after
Hi I'm from Nevada and used BMWs are still pricy on the west coast. Definitely not the same prices as before the pandemic. Still having shortages. Hopefully prices will fall in the future as used inventory slowly builds up. Good video upload. 👍👍
Great point!
Yup! I agree!! My BMW model is 20K more than what I purchased it for. It’s ridiculous now. I better hold onto my vehicle for a long time!! BMW themselves told me their cars will never be priced at pre pandemic levels
Spectacular review Mark enjoy your channel and car knowledge ✌️🤍❤️🤍 🇨🇦
Thanks 👍
Excellent video with very valuable information. Thank you... already subscribed!!😊
Some stuff he says is knowledge, but a lot of it applies to late 2000's when the N54 turbo first came out, but he definitely overexaggerates, and says things that aren't true in BMW's in many years now! He needs to keep regurgitating this old info to have content that young naive people will embrace, so he can get subscribers!!😄👍
My last BMW was great during the warranty period, then the cash drain began. By the time I had 150,000 miles on it I had already spent nearly 40% of the acquisition cost in repairs. I am sure it would have continued to skyrocket. I sold it with about 151,000 miles on it. No one turned a wench on it but BMW, all repairs documented, garage kept and I got back 5% of what I had paid for it new, yep, 95% depreciation. That was my last BMW, never again.
Cheers
@@ECPP 😄😄😄
Genius
Why did u only go to dealer ?
@@Highlander1432 Well Genius, because that's what I wanted to do and have the money to do it. Anymore stupid questions?
You have to pick the right BMW and know and use the independent shops that build their business around BMWs business. If you're simply going to drive and go to dealer for everything well...thanks.
I have a 2016 Mercedes-Benz C 300. Thank God I have some knowledge of how to fix my own things. I do my own oil changes filters, air filters, spark plugs changed them out once my car reached a 50.000 mile mark. I also always check my fluids and make sure everything’s up to tiptop. I also change my oil every 3 to 4 months.
Great to hear!
I have to say, thank you for contributing to the car industry with your unfiltered opinions ! I always thoughts that German vehicles were a maintainance night mare but ended up getting a B48 and it’s on another level. Get oil change done every 5k and others it’s so much fun !!
Regarding your comment about BMW always charging a diagnostic fee no matter what, I almost bought an M2 Competition and opted for a CPO Porsche 718 instead. I'm glad I did. The couple of times I've come in for service or repairs and I know what I need done, my local PSC checks or repairs exactly what I came for. And they do a free multipoint inspection anyway because they know that it reassures the customer and can bring in more business for them.
My 750i has had many repairs “preventative maintenance “ but I will admit. It’s never let me down. Once my extended warranty gets depleted I will be replacing it with a used Lexus GS or maybe a used 2022 760i. They drive fantastic honestly
used to be a huge lexus fan. but now the latest lexus inside is all plastic-ish too and the lcd screen is horrible to use and looks ugly. lexus went downhill big time from the good old days where everything was leather and nice inside
3 series is so much cheaper to run and still comfortable. Dont know why people get the 7 series
@@WayToManyAssassins7 series drive like you’re on cloud. That’s why or a huge sofa with outstanding drive control. Is something you have to experience it.
Dont go for a Lexus. Its so boring. There is a new 5 series out. Should be on sale in like a month
@@WayToManyAssassinsare you listening to yourself? Well I chose GLS580 not GLC300 because I don’t wanna be seen in a cheap car…
Great video, yet disagree with combustion autos no longer "being allowed." The electric mandates I have reviewed specifically reference new car sales. Not even CA is banning combustion autos...new ones simply cannot be sold in CA after a certain date.
Combustion engines ain’t going anywhere. Too much money to be made in both (gas and electric) industries. Plus the electric technology is years away from being efficient enough to keep people rolling down the road. Hybrid should have been the way for manufacturers til they perfect full electric tech.
Can't be more accurate than that ! Thanks 🙏👍
Thank you
i agree... i had a similar experience with Mercedes Benz E320 1999... it was a great car... but maintaining it was very expensive. now i have a Camry and i love it
It sure feels great driving a reliable and well made vehicle
“Camry” LMAOOOOO
I have a 2000 E320 4Matic. They aren't terrible if you can do your own work but I don't recommend anything off warranty to those who can't wrench.
W210 right? Usually nothing will go wrong with them as they are built like tanks. And usually replacement parts are very reasonable and available widely everywhere. Think you have got a lemon
Love my bmw, 145,000 miles and still driving great, although all the gaskets in the engine start to go bad around 80,000 miles. If your not willing to do the mechanic work on your own don't get a bmw. I did all the gaskets, water pump, and thermostat on my own so I was able to save alot on mechanics. Bad ass cars though!
Same I’m a 41 year old female and I’ve had the x6 3 times because I know how to repair them myself they usually always have the same issues after certain mileage but when you own them you can go into the dealership and get coupons for parts and I never payed over 100 for oil change at the dealership if I didn’t do it myself
Yes Sr. Your absolutely right when you tell everyone about the downfalls to BMW or any other turbo charged cars. The best made BMWS are natural aspirated engines, less heat, a lot less problems. All race cars who will run turboswill change parts every time they need to, with the budget to do so. Because when it comes to turbos, it's about heat. It's the nature of the automotive beast no other way around it. Great channel with important information for all.
I owned a coupl eof Nissan performance cars. None of them burned through oil. Zero. NOw what about your BMW...
Excellent!!!! Love your show!!
Thanks so much!
@@ECPP I still remember one of your winter broadcasts, “honest cars used John’s” hilarious!!!
My wife got a used X2 and we were at the dealership waiting for them to detail it, etc. So we were sitting in the service waiting area and another customer was sitting within earshot. His service rep came over with a clipboard talking about an oil change costing like $500 U.S. but since it was an older model it qualified for a legacy discount that cut the price in half. The customer was so excited to pay $250+ for an oil change.
I went home and found the procedure and got the low profile oil filter wrench, new filter element and some Castrol European spec 5W-30 and I'm all in for under $50.
Edit: We also got the extended service contract for repairs.
A lot of people lease these cars with crazy monthly payments thinking they can afford it but reality hits when they don’t even have money to put gas in it. I know a few people like that. Some leased brand new with the monthly payment and insurance taking up half their salary. Others bought used bmw’s with their life savings and don’t even put full coverage insurance on it cause “save a few bucks,nothing will happen” mentality. Flood happens or they get hit by a non insured driver or the car keeps breaking but they can’t keep up cause they don’t have any savings…. A lot of people fake it till they make it but most don’t make it and end up losing a lot of everything over a car.
Totally right on that
I had a seven series, the best thing I did with it was to sell it. 😊
Great job on the video.
Thank you
Great Review, Guest, The Bottom Line Is, Gotta Pay The Cost, To Be The Boss. A Lotta Great Info. I'm Trying To Decde On 2024 X5 Hybrid, Or Wait For Upcoming, 2024 Lexus GX 550 Hybrid Next Year. Your Absolutely Right About New Laws & Regulations On Combustion Cars, Especially In California, Where I Live. That's Why I'm Going Hybrid.
Glad it was helpful!
I've owned my 2008 6 Series coupe for 13 years. It's been fairly reliable, fun to drive and special in the looks department. I'll hold on to it till the end of this decade as I'm afraid to switch to a newer BMW 😊.
is it NA or boosted?
@@jamesmedina2062 It's NA (N53).
@@zsb707 nice!! another reason to keep whatcha got!👍👍
you rightly should be
I owned a 3 serious and it was good. My next car will also be a bimmer but id try to go for a NA which is hard to find nowadays
My 2022 M4 already at 22,000 km had injector problems and the part was $1500 without labour!! Luckily it was covered under warranty - I love BMWs and I’m on my 8th one. I love to feel pain it seems!! These cars aren’t great but the performance is like no other!!!
well look at fighter jets! Unrivaled but very expensive to maintain!
BMWs is like a love and hate relationship. Owned a 21 Supra for six months and already had a few issues popped up. My previous M cars all left me stranded due to bad ignition coils but damn they're fun to drive.
Exactly, great ride and performance, when they aren't in the shop.
Bmw are better than any car Africans ever made
@@ahzcainbree9080 🤣😂
I used to work on motors for fun. I've never seen so much CHEAP plastic on and inside motors as I've seen in BMW models. In time that xheap plastic WILL get brittle and break, like the timing chain guide in the BMW mini motor, which is a MAJOR part of high importance.
Slightly off topic but I have a friend who bought an AMG SL 550 convertible with 70k miles for $15k. It is a great Supercharged V8 car but it had the hydraulic issues common to German cars with active suspension, not to mention the hydraulics for the convertible roof. He is a very knowledgeable Mercedes guy and had sources for the hydraulic cylinders that were rebuilt with a better grade of seal. This illustrates what many people here are saying. My friend's car sold new for almost $130,000 and he now owns a final example for less than $20,000 and some hard work. This path is clearly not for everybody.
I have a 2005 Honda Accord with 250,000 miles (400,000 km) on it. Until last month I have never done anything other than scheduled maintenance on it. Last month, after 18 years, I had to replace the A/C condenser. I'm not complaining!
From what I hear and read, German cars for all their alleged performance and technology seem to be money pits. I think I can afford them but who want to be visiting the repair shop on a regular basis? I'm probably going to stick with Honda or Toyota forever.
SMART MAN! 👍🏿👏🏿
Wise man 🙌. At the end nobody gives a s@$@$ what you drive
@@DMfanforever2009 Damn! Why so serious! 😬
@@literarypharaoh1117 Could be an executive from BMW or Mercedes! 😂
@@DMfanforever2009 And nobody gives a sh*t what you think! 🤣
I think that the trick is to go older - cars from the 2000’s especially with the n52 engine are reliable, fun to drive with great sound, amazing handling and most of all, they are authentic in-line 6 road cars
They are really from a simpler time
Bought a 2008 328xi wagon, love it. Coming up on 95k miles (bought it at 82k) and the maintenance required but bring it to independent BMW garage. Would never bring it to a dealership for service. Love the n52.
@@mariannagreenlee Agree, I have a 2009 128i convertible with the n52 and Judy over 105k. Been pretty reliable and always fun to drive. Glad you are enjoying your “older” BMW.
I agree. I have a 2011, 328i with an n51 engine and it’s been a great car. About to hit 100k. The secret is finding a great mechanic that specializes in BMWs but doesn’t charge an arm and a leg. There is a great ecosystem of that here in Metro Atlanta.
Honest to god in all the above replies you're all talking about a car with less than or just over 100k miles like that is something unusual, I have a 2009 Lexus with 200k and have 0 repeat that ZERO issues. 100k is nothing.
Very informative .
Thank you
Great info on plastic, heat, and repairs
I’ve been looking at the 5 series, especially the last model 2016 or the new redesign 2017 models. They have lost well over 50% value.
Yeah they are great cars. Very reliable and drive amazingly. Never had any problems
Great minds think alike ‼️💯
I have a 12 year old Acura with over 100k miles and I have literally never done anything to it that wasn't basic maintenance or a consumable. I go to a good independent mechanic and my 60k mile service was under $300. Everyone I know that has had European cars (BMW X5, Golf R, VW GTI) all have horror stories.
You need a great INDY or even DIY in order to keep things affordable and reasonable
Since when is $55,000 cheap?
@@Gregory-Masovutch how would you know how much someone spent
I've had European cars (chronologically: VW, Audi, Mercedes, 2 BMWs & Jaguar) and fortunately no horror stories.
@@zsb707 I have had VW and Audi and no horror stories either, people like this always say this because they cannot afford Euro cars.
Depends on if you can do some of the work yourself. I had a 2008 X5 with the 4.8. Did the oil changes. Even replaced the sunroof cassette. Not too difficult, just time consuming. Parking brake control module wasn't too difficult either. Had the shop do 100K service with added all wheel drive service, $1500. Not too bad. Nothing major though. Awesome vehicle.
So true about the internal plastic fittings. I learned this the hard way.
167,000 miles on my 2012 335i. Still kickin. Great car. Only problems so far were the oil filter housing gasket, the intake manifold gasket, water pump and coolant overfill tank. I did all of them myself. Still has original brakes although they need to be replaced. Shifts smooth, still has that low end torque power. I can't see myself driving anything else. Next car is a bimmer, no doubt about it.
Plenty of BMW, AUDI, BENZ go over 100k miles, this is a fear mongering and people who cannot afford Euro cars love these kinds of videos
You really shouldn't base your next BMW purchse based on your current BMW.
@@chrislim7976 I already did long ago, twice. This will be my third time. Also, I'm an electro/mechanical technician. I know what to look for.
@@jeffjeff8562
It's just a matter of time. 😅🍺
@@chrislim7976 Wait, are you telling me my car will break down in a matter of time?
Not all of them, M2, M3, M4 have very good resale values 30-35% depreciation after 5 years. Generally 3 series do very well. If you want to talk special models CS, CSL they’ll like increase in value or depreciate very little.
That’s fair
Bought a 5 year old bmw 330 shadow and paid 12.5 gbp 82k like new inside
I have run flat tires on my 330e. A used car dealer told me most people replace those tires with regular ones. After thinking for less than 2 min I decided that is really dumb. Not only would I get very little for my tires I would have to buy 5 new tires (about $500 these days), buy a used rim-$100, buy a jack-$50 or more, then pay to replace them. My tires do ride a little rough, but I can rarely imagine being over 50 mi from where one can get a tire fixed. I actually have one of those tire inflator things also.
I have 2011 bmw 328i , LOVE IT , my son maintains it himself..
Or...work on your on car. Oil change isn't hard, moniter fluids and avoid road hazards...only issue is hybrids....active hybrid 5 was really annoying to maintain
If you can DIY, the. It can be reasonable. Still need a good parts supply.
The people I know who buy them are wealthy and keep them only a year or two. My experience is that once you start having electrical issues it’s a never ending nightmare. I wouldn’t want one more than two years old. Think how horrible on the environment it is to make a car that essentially is only reliable /economical for two years and then becomes useless. The manufacturer doesn’t focus on long term reliability they focus on initial sales only. Also had a VW Jetta that was one problem after the other till I finally gave it away. I’m sticking with Japanese.
A video like this makes me want to go back to a Toyota hybrid. I had a Lexus NX, never any issues. With my BMWs there is always something and its expensive like hell. Gearbox on Z4, injectors on 325i cab, adblue system on 520d, wheels and suspension on 530e.. still love them though.
I own a 2011 bmw lease buyout. I dont have those problems besides your regular maintenance or fixing something every once in a while. now I have 123,000 miles on it.
bought a cheap bmw when I was a student. not much choice in my price range, and I needed a car urgently. it almost bankrupted me 😂
Even in summertime, all of this dude's episodes are in the winter lol
Haha, I know, right? I gotta move
I owned a E46 for 3 yrs max. Subsequently owned a C200K and kept it for 9 years. That sums it up
I’m looking at buying a 2020 x4 with 30k miles CPO. Thoughts on reliability? I’m new to BMW
Generally speaking if you are handy with cars, especially German luxury cars, BMW is a very good car because you do all the maintenance and small fixer uppers yourself. Or if you know a good mechanic that can do it and won't charge you an arm or a leg. One thing I did notice is that BMW no longer allows you to do multiple oil changes in a year, which for this car it definitely needs especially for higher mileage BMW vehicles. Honestly, to make it last longer, you just have to maintain it twice a year.
DIYer s can enjoy these fun driving cars, but paying a dealer can hurt the wallet
@@ECPP Dealer cost are brutal, and unfortunately service dept is where dealerships make all their money! Definitely like the first 3 years of service for free with my new M240i and of course the almighty warranty that helps you sleep at night 😂
The diagnostic and specialty tools are not available to the shade-tree mechanic, nor are they cost effective to own. Basic Maintenace perhaps, such as oil changes, filters but forget about any items to diagnose and repair the complex electronics.
@@AvengerAngel I beg the difference. I believe people who tune german cars can usually fix the electronics stuff. However, if the engine is broken then yeah you are definitely shit out of luck.
@@HEEHEEBOII Anyone who can fix German cars is going to be very busy, and would probably drive a Toyota.
BMW = BREAK MY WALLET .. 😅😅😅🤣🤣🤣🤣
Haha
@@ECPP Bavarian Manure Wagon
Broken motor world BMW
Exactly
Its just manufacturing affected by regulations as it seems used car sales will not be affected by the future regulations. That means the used market will see cars maintaining their value or even appreciating!
Most of the reasons you state are applicable to any luxury vehicle. I encountered the airbag issue you stated after nearly 12 years of service. I replaced both for $290 and an hour of my time. Literally not much more difficult than doing a DIY oil change. Yes, if the compressor goes bad, it ups the cost a bit but not exponentially as stated.
Exactly and i also shared the DIY ion the channel, but many people just go to dealer and get hosed on that relatively simple repair.
that's going to cost you@@ECPP
Lexus is in a league of its own. Very nice cars and extremely reliable. There’s a reason the resale value for a used Lexus is high. I’ve seen regular looking 2008 models going for 20,000$ because the miles were lowish.
As long as they are using Plastic and Turbos it is a No Go resale without Warranty to 100k Miles
Exactly
I own a small plastic manufacturing company (injection molding). The problem with plastic is that the molecular bonds tend weaken with thermal cycling. The molecular bonds in plastic, unlike metals, are not that strong to begin with. Thats why most plastic cracks in time.
For example, I have an inexpensive car (Chevy Aveo) that I discovered has a plastic thermostat housing. I'm like, how stupid. Sure enough, I discovered that it had been replaced by the previous owner. If you have a turbo that's generating excessive heat under the hood, good night!
I saw my mechanic working on a car with a plastic valve cover. I couldn't believe it. The internal stresses in certain areas of that part via high pressure injection molding makes that a foolish choice-weigh be damned. It will fail prematurely. Trust me.
Awesome video
U would agree to some degre, especially if you service it at official service. I own a few bmw, usually 530d, and my usual service costs is 220 eur (i am from EU), oil, oil filter, air filter, work (1h). All done at a ex official bmw mechanic, gone private. I do oil and filter change every 15000 km, and newer had any problems, i usually run them from 100,000 up to 250,000 kilometers, newer had any issues with the straight 6 diesel. I do always insure them fully, so I don't care about the cost of damages and trim.
Best of luck to all of you, bmw fans.
I inherited my father's 2015 BMW 328i in 2021. I just rebuilt the motor on it, costing me $4700. If I had gone to a dealer it would have cost me a lot more to fix.
Sounds like a good win indeed
80’s-90’s BMW’s we’re “ The ultimate driving machine!” Today BMW stands for “ Bring My Wallet!” 🤪😂😆😢😢😢
I think it's "break my wallet"
Bring More Wrenches 🔧
Or Buy More Warranty
I love my 528i but it can get costly for repairs.
The reason for all the plastic is because the engine itself get hot obviously and the plastic parts allow those parts to bend and expand with out cracking as easily hence useing say aluminium, it’s still and can not move as easily.
Cheers
Thanks for the info! Im in the market now for gettin a car for my son and i was wonderin why most used bmw are so cheap! I had a 2018 infinit Q50 which i bought for $35000 back in '18 and i was able to sell for $25000, thats why i was wonderin why bmw depreciation is bad
From friends that have owned BMW's over the years, I can tell you that just your run of the mill maintenance is pretty much the equivalent of "major repairs" compared to other cars. People just get the estimates on things such as a brake job, and they run for the hills. The ridiculous prices of the parts compared to other cars are just part of it - the labor tends to come in pretty high as well. A VP at a company I worked for years ago bought a BMW 3 series - traded it in within 2 years when she got the estimate for the brake job she needed to have done. Within a week, she traded it in for a loaded Honda Accord. Not sure why she didn't go with an Acura (she could have certainly afforded the step up to Honda's luxury brand), but hey - maybe they jack up the prices of their parts just like the other brands they compete with, lol.
Wtf kind of company was that ?
Lol
Agreed. A relative lost it because he had to replace brake pads early on his Honda SUV.
With BMW'S and VWs in my garage I had to hold in the laughs.
HONDA parts are more common snd mire easily available even they are shared with the sister Acura brand with the pay more brands scale up.
@@loktom4068
Easier to work on too
Not just that. Aftermarket non OEM stuff for german cars is basically garbage compared Japanese aftermarket.
In Europe used BMW ain't cheap. Most people in Europe drive their cars for more than 10 years.
How many miles are typically run in a year over there in Europe?
Probably because they use public transportation most of the time LOL
@@ECPP the average is less than 10000 a year. It's only a few who exceed that .
Cheap in germany...a lot cheaper than in my country... my frirnd college in germany use bmw used car ...🤣🤣🤣
I saw some conversion kits for the f10 to f90, getting very tempted to make it my goals as my first car 💀💀
After warranty is over you don’t have to take it to dealer for oil change buy filter and oil and have Valvoline change it for you for $50
I'm still curious too see how reliable a new bmw is gonna be in 5-6 years, these cars German cars are better leased
Well….
Not always…I bought a 2 year old Mercedes and had zero issues for 7 years. I do all the minor maintenance myself. Will be replacing it before the mileage hits 150,000 because the maintenance will be too expensive then
Yep, these high end German cars are screaming "lease me!"
@@fortuneseek3rz364 …facts, but I have no regrets buying the car. It’s been trouble-free for 7 years. It’s still a very nice car. If I can get 3 more years out it I’ll be happy. It’s been just as reliable as the Hondas and Toyotas I’ve owned TBH.
I'll probably b dead b4 I'll buy and EV or a hybrid 😂
BMW, Jaguar, Cadillac, Mercedes, Rolls are are service nightmares! I had an XJ6. Every single time something went wrong it cost me $2,000. (This was after warranty) New brakes…2K, Exhaust 3K, Tires… 2.5K, electronic issues (and there were many) at least $800 every time. My friend bought a used 5series and it was in the shop almost monthly. To the people getting blown away by getting a used Beemer for cheap, you WILL need a boat load of money and even more patience to deal with the many headaches!
100 percent
I had 2015 BMW 320i Xdrive that I bought for $42K in excellent condition but I was only able to sell it for $14k last year whereas the current 2015 Subaru Forester I bought for $28k at the time still has the KBB value at $13.5k as of this year.
What.. in Sweden you would be able to sell if for 20k
Correct me if I’m wrong, the upcoming sales ban will have little to no effect on private gas-powered vehicle sales in Canada.
So I believe you are incorrect when you say used prices will tank.
By 2035, you will no longer have the option to buy a new-gas powered car from a dealership.
Private sales won’t be affected.
Thanks for your thoughts on that
I think ICE vehicles are going to be very popular…I think prices will go up and not down IMHO. EDIT: I’d also point out, no one cares what Canada thinks about going electric, if California pushes back their electrification goals…and they probably will, does anyone really think Canada will be dictating anything to auto manufacturers? Nope. If California pushes electrification back another ten years so will Canada.
You’re incorrect. In Canada the cars will be banned. Who will buy your car privately? No one will want them and the government will roll out incentives to force people to buy electric. Gas prices are so high you’d be stupid not to buy an electric car. It’s like CD players, or cassette players or a Motorola flip phone - you can only use them for a certain time until they are useless to everyone
@@Lifeisapartydresslikeit I’m sorry, I am correct. The used ICE market will be alive for years to come. They won’t ban ICE just the sale of new ones (or that’s the idea) imagine thinking everyone will switch to electric in 12 years, with rising costs of living, a lack of infrastructure and growing wealth disparity, do you really see a product that has less than 1% market penetration in the world achieving 100% market saturation in 12 years? Where your vehicle spending budget dictates how far you can go? Few people can afford the this electric future, even fewer will want to be stuck with used EV’a with worn batteries…a world where your financial status dictates how far you can drive or short range precludes once easy to accomplish drives into natural areas with no chargers. Gas is flexible, not going anywhere, despite your magical thinking and it will be desirable because the vast majority of people in our country simple can’t afford go along with Rich Liberal, ideologically driven market manipulation like has been accomplished by picking electric as the default green technology. I won’t even talk about the inevitable reveal that electric will prove to be worse for the environment and transportation like trucking, bussing and other commercial ventures simply can’t adopt EV commercial vehicles because charging even a small fleet requires vastly more energy to charge than the factory that makes them even uses. People are at the moment blind to reality and unaware of the soon to be escalating costs of this nightmare as more and more manufacturers need more and more of resources there is less and less of every day. Electricity costs are already getting high and grid capacities are no where near what is required to make this work…especially in places like California. Look, right now, electric cars are a fiery-tale and an interesting topic of discussion as no one is forced to buy them, but when it gets to that point, the people who vote will take issues with policies like this that do nothing to address global warming since the vast majority of all transportation pollution is from the commercial sector which has no way of using electric trucks for long haul. This is a misinformed pipedream right now and it’s held aloft by policies that require ME to open my pocket book. This isn’t how you make good policy. A necessity do life shouldn’t be paywalled and electric cars will do that. So if you really think cheap ICE vehicles won’t be sucked up ultra fast from the market and reused again and again to help the majority of the population avoid having to pay the big bucks to get only similar range performance EV’s compared to their existing cars….then maybe you need to spend 10min thinking this through. The government can’t make anyone buy anything, nor take away what is already made. Voters, should they ever wake up may realize this rich liberal pipedream is in fact not going to help them and their old car is not, in fact, going to end the planet. Wait and see what happens. With how things are getting more expensive, you can bet real money that this will not go smoothly especially when the US is on the precipice of fiscal disaster.
@@LifeisapartydresslikeitYou said in Canada gas cars will be banned. Where’s your source for the timeline?
You don’t actually believe the infrastructure will be in place by 2035 to ban all gas cars do you??
If so you are very naive and need to do a little reading on what that would entail.
So, YOU are incorrect.
If you can fix/maintain it, get one... Else run away, run away!!
True run free
I have BMW 530i 2018 Luxury line. 6 years old, still running smoothly, no engine problem, no suspension problem, and the fuel consumption is better than the japan's one. The only problem I have is the interior ... many are made by rubbers and they easily melt in my country's weather. So, I must be careful to park my car, as the car cannot go too hot or it will simply be melting. But I don't have to worry as there are a bunch of aftermarket parts that I could buy in online shop, and I could just change them to my local repair shop instead in the official repair shop.
As for the wheel, I use Michelin Pilot Sport 4 and it works well with my budget, and the performance is still the same.
The only problem with the price depreciation in any european cars is the dealer or the manufacture does not care about it at all. Not like Toyota, as they create a program that could ensure the price does not depreciate faster, you could basically sell your car to your dealer for better value. But in any european car dealer, if you sell your car to their dealer, they want it cheaper than the market price.
Some really interesting points, thanks for sharing
Its nice to buy a used BMW when you know how to research and fix yourself. Parts cannons are far cheaper than taking to the shop, especially when even independent shops have lately been trying to get dealer prices for labor. Buy OE parts instead of "Genuine" (Bosch, Lemforder,ect VS BMW Genuine)
Ha, I just picked up my used BMW today
Congrats, and happy motoring!👍
Nice, what did ya buy
2016 535i, the N55 feels so much better than the old N20 I had
@@calebc2748 N55/B58 power💪
@B58 💪💪
BMW is by far one of the best innovators. They keep the style conscious consumers wanting more with new flavors. This company keeps manufacturing cost down with small changes to their product life expectancy. BMW masterfully has made changes while on the same hand maintaining consumer perception of high quality. My hat goes off to their effective strategy, lots to learn from this company. Wonder what levels of improvement in innovation strategies can the overall market withstand?
Do you recommend the extended warranty when buying new? Based on your video it looks like a good idea.
Yes especially if you believe you will keep it longer
very good review
Thank you
hi, can you tell me, what is the cheapest maintanance car in Europe.. thank you
yeah but, Lifes too short to be driving reliable cars
Gotta drive something fun as least
Gotta find yourself a good indy repair shop that works on these, 125 for oil service on our 5 series.
That will take you further for sure
Ive heard these points. One of the reasons I always lease
This video is misleading because it assumes people take thei cars to the dealership. We own 6 BMWs and never taken to dealership for service. I do my own maintenance and use an old fashioned independent garage for other service. You save a lot of money by doing you own services including brakes
I do much of my own too, but I found that eventually there is no stopping the bleeding and then its time to cut the losses
Same here…had my German engineered car for 7 years with no issues. But I will get rid of it before I start having major maintenance issues.
My used M2 wasn’t cheap 😂
Those hold their value
@@ECPP Thank God for that, hopefully I’ll be able to sell it for a decent price when I’m ready to move on 👍
Ehh I'm sure he's referring to non m series forb the most part. As M series will always hold value since the whole flex with owning one is only you paid a lot for it.
Why? because cars like the BMW will cost you an arm and a leg when you bring it to shop and everyone knew that. I know many car enthusiasts stop buying used luxury cars because of it.
Oil changes on my F30 couldn't be easier. Oil changes on this car at the dealership should be a crime. Brake pad replacements. you can do all 4 in under an hour! I would recommend anyone who drives a car to take basic maintenance classes or learn from a friend... it will save you a ton of money and you can do most upkeep service right from your own driveway.
Thanks for reminding me to definitely get an
extended FACTORY warranty on my next BMW purchase!!
You bet
Fast talker salesman, but right on point for the vast majority. The main reason BMWs lose value so fast is people who buy them dog them, and won't buy them used for both that and status concerns.
Walmart has done oil service on my last six vehicles, synthetic $60, without issue. Never once pushed a belt or an air filter. They have protocols and follow them.
Just helped my daughter buy a 2004 Bavarian X3, $3500. At 178k still a fine machine, and she won't drive it like a race car so should serve her well for years to come.
I have a 330 17 model and is doing well for me! It's been a couple of years now and no problems. I stay up on my maintenance and actually drive my car. Don't let your BMW sit. If you're looking to get a BMW, do your research! Don't get a high mileage, check the maintenance history and look out for new and swapped parts. This might help you reconsider if anything. Bring a trusted mechanic too 🙏🏾
They're such a beauty from face all round so is the interior but sad to hear about the how expensive they can be to maintain
Lexus please
Thanks
I would lease a BMW, not own it.
Great way to have the fun but not be punished
Same. Tbh i would probably try to get rid off it before the lease is up just to be safe.
I was going to look at a F10 535i tomorrow and decided to check YT for some info. After watching your video I have decided to not buy a BMW. Honestly, thank you for saving me all that headache!
You are very welcome and it’s certainly not for everyone. Any ideas what’s next?
@@ECPPHaha that's a good question, I honestly don't know yet. I might have to go with Toyota or Honda since they are the most reliable brands. I am hearing good things about Kia as well. What would you recommend? A car that is not boring but also reliable? I love Lexus but they are too expensive even used ones.
Is the bmw x7 reliable? It's a pretty new model which just came out few years back and currently i haven't seen any complaints about the reliability whenever i go through a forum
i'm talking about a used bmw x7, still haven't seen any complaints about it yet
It’s loaded with technology, has high performance capabilities and is not linked to a larger car company which means parts are not mass produced. Lastly the sales numbers indicate that people love their BMWs. No one who can afford to buy a BMW is driving a Lexus. No one under age 60.
BMW is for the person poor at math or just doesn't care.
@@DerKirchenhocker
Meaning the people who can afford not to care about a car they will trade in every 3 years. BMW reliability is only an issue for poor people who have to keep a car for a long period.
@@drstevej2527 Exactly.
Because they are junk after 6 or 7 years😂
That is a factor
I'd say about 10 years or 100k KM which ever comes first. BMW is notorious for engine/turbo fluid leaks after 10 years or 120k KM. Unless the driver drives it like a race car then 6-7 years can be achieved.