Are you thinking about buying a used BMW? You may wonder if it’s worth it: are you going to get the power, performance, efficiency, and appearance you want at a price that fits your budget? The short answer: yes! When you choose a reliable dealership with well-maintained, carefully vetted inventory, you can score a terrific deal – and, of course, an exceptional car.
What steps do you need to take when you’re looking for a used BMW for sale?
Do Your Homework
Take some time to figure out what you want. A nice entry-level 3 Series? A more serious M-performance model? What about model years and trims? Do you prioritize power or do you want a family-oriented vehicle? Or both!
BMWs are among the world’s best cars, but they, too, depreciate in value. This is usually good news for buyers: sellers have to take the hit, so to speak, when parting with their cars, and the lower cost should be passed on to buyers. But remember to factor in maintenance to your budget: BMWs can be more expensive to maintain than non-luxury cars, and older parts may be hard to find.
Dig Into the Vehicle’s History
You should do this with any pre-owned car. A vehicle history report is a must: it will tell you about the previous owner, accidents, warranties, service records, and if there are any liens against the vehicle. You can find these reports from Carfax, the National Motor Vehicle Title Information System, and AutoCheck, among other resources.
A benefit of used BMWs is that the brand offers a certified pre-owned warranty. This covers the car for one year with unlimited vehicle miles and includes 5 years of BMW roadside assistance. This value should be factored into your decision. (Note: depending on the year your car retailed, it may not cover certain items like suspension, body, interior, upkeep, etc. Make sure to check with your auto dealer).
Shop Around
When you’ve research the model you want, look at selling prices in your area and check websites that verify used car pricing. When you visit dealerships, know your budget and stick to it.
Buying a used BMW from a reputable dealer is an excellent way to enjoy the car you’ve always dreamed of.