Why Used BMWs Are So CHEAP

Welcome back to the exotic car playground, everyone, hey, have you ever wondered why

used

BMWs are so

cheap

? Let's talk about it now. Welcome back to the channel everyone bookmark with the exotic car gaming spot so let's get right to the point check out all of these.

bmws

in this row the first reason has to do with the fact of the lease returns here we have x cars we have five series six series three series two series everything under the sun down there you can see all these cars from this entire group guaranteed that at least half will probably see a lease when that lease expires two years from now, three years later, which usually happens when they come on the market, they flood the market, a lot of them end up at auction, some of them end up in the dealers.

So what ends up happening is these cars come back on the market with 30 40 50 000 miles on them and of course the dealers get stuck trying to manage them so they have to offer incentives for certified

used

vehicles, they will give more time. Warranty prices go down and that makes it even worse for a person trying to sell their vehicle on the used car market privately. If you have a new car, a BMW bought new, now you're trying to sell it two years later, what does that mean? you're competing with dealers who offer these extra incentives, so a lot of times people who buy a three or four year old BMW aren't interested in going to the private market because they don't get the extra benefits and as a result the prices go up.

The drop causes all prices to drop again at the dealer level or at the private level and unfortunately BMWs are very susceptible to this phenomenon, so the second reason why used BMWs are so

cheap

has to do with the fact that the initial price in reality is probably high. above and beyond what it's normally worth, but let's look at some of these vehicles, so let's start right here. What we have? We have a hot vehicle BMW X4M. A lot of technology. It's turbocharged and is an absolute beast. A beautiful vehicle. Absolutely here we have a new 330 amazing vehicle new technology digital display a lot of things happening there high performance four cylinder engine what we have here a competition m2 absolutely beautiful car obviously with flares performance big brakes you have wings you have the wonderful s55 engine under the hood, These things are absolute animals in terms of performance and of course being a BMW entity you are looking at a competition m8 or how about a new competition m5.

The problem with this is that there is so much research and development into the technology buried under the hood. In terms of twin turbo charging, 600 more horsepower here, of course, research development, you also have technicians that have to work on these cars and those technicians have to be highly trained, they also wear fancy overalls and all of that costs money. Notice inside the dealership there are marble floors, they have free coffee, so the initial price to support all this new technology, the high performance marble floors and all the amenities that the dealerships give you costs money, so when The vehicle is sold used, it doesn't matter.

In the used car market there is a huge differential and it's that huge differential that looks like massive depreciation, which it is, but a lot of that extra fluff that makes vehicles cost so much money in the first place really isn't necessary. and as a result, prices are high initially, then stabilize at a place where they are probably more likely and realistically worth it, so of course there seems to be a much larger difference, in reality these vehicles are overinflated For starters, here's why used BMWs are so cheap. Let's take a look when we look at x models like this or like this.

No matter, any of these BMWs are very expensive to maintain, so the annual service costs are always very high. You have to take this vehicle in, it will cost you a thousand dollars and also there is no way around it, even if a check engine light appears on the dashboard, suddenly something goes wrong, something is not working quite right, you get a cell to check the engine light on the dash just for the dealer to look at it, they will charge you 250 bucks, it's some dealers a little less, some dealers a little more just to plug in your fancy little tuner and read what's going on. under the hood and that's unfortunate because even if you, the vehicle owner, have your own little portable reader, you plug it in, you know what the problem is, you won't tell them they won't hear you, you basically take your vehicle anyway and they will charge down the chute to plug it in and do which takes total time about seven minutes from the time they take the keys to the vehicle, drive to the service area, take it.

Come in and scan it for maybe 10 minutes and unfortunately they will charge you a 250 diagnostic fee and that hurts. People get caught. They don't like it to feel like they're greasing you. The other thing is what ends up happening. It's time you can do a standard service, even an oil change that you can't get for less than 250 bucks if you take it to the dealership, so people get really scared about that and honestly, people work hard for their money , so I don't want to be scammed, but there are benefits for you and me in buying a used BMW, although all those costs are high if you are a little creative or if you find a small shop somewhere or even if you are if you are crafty and you do it yourself, you can save a lot of money and drive the car of your dreams;

After all, these are still one of the best cars on the road. Any of the BMW M cars are a phenomenal purchase, so their great value is appreciated. It hurts and the second owner sees some of the benefits but that's why these vehicles are so cheap because of the high service costs so the next reason why using BMWs is so cheap has to do with the way they are built, many people fear the worst and Of course, there is a lot of fear on the Internet, some things are valid, others not so much, but let's talk about it and that's plastic, plastic, plastic, a lot of plastic in these vehicles.

Plastic is used a lot in any brand nowadays. It doesn't matter if you're driving a Honda or a Lexus or a BMW or if you're driving even a Dodge truck now if it's a wing like that that's plastic the bumpers are plastic the spoilers are plastic everywhere there's plastic on the La inside half of the dash is plastic, there is plastic everywhere, but unfortunately there is plastic in places that sometimes don't work and it's under the hood, under the hood of these cars, there are plastic intake manifolds, plastic water pumps , plastic cooling lines and plastic hoses.

Plastic, and of course a lot of that plastic, even in the plastic oil pans on certain models, creates situations where they warp, they twist, they crack, they split from the heat of the engine and many of these vehicles now because they have a turbocharger, whether it's a four-cylinder. turbo or if for example the b-58 engine has a single turbo, the b48 engines are a turbo four so many of these engines have turbos. Turbos create a lot of heat. These engines are now known to be quite reliable, these modern b58s, but if a generation or two ago you had the b5 n55 or the n54 before it was the first attempt at twin turbocharging a six-cylinder engine and the problem is that All these modern BMWs use plastic under the hood so what you get is accelerated wear, cracking of the plastics, leaks, broken check engine lights, and expensive repairs because the fact that it's plastic has nothing to do with the fact that it should be. cheap because it's not a cheap bmw and cheap just don't mix so unfortunately that can be very very expensive now.

If you are a big DIYer or have a store that doesn't want to rip you off or bend you, you can get a phenomenal deal. You can buy an amazing used BMW at a good price because there is a lot of widespread fear, some of that is valid, but again avoid some of that and you will get a phenomenal vehicle. By the way, there are also some engines better than others if you get the n63, which is the twin-turbo V8 you often use. I find them in many of the x5 or 5 series 7 and they are with the 5-0 designation, for example those that have that n63 and have more problems with the heat in the hot v because the turbos are mounted between the v of the engine. even more problems, for example excessive oil consumption, which is why there are certain problematic engines.

Just look down this hallway here. Five series, how about a four series, how about another convertible, four series, how about another four series and another four series, and the list goes on and on and As we walk down the aisle, the point of the matter is that there are incentives for all these vehicles to buy new ones. These dealers have the power and backing to sell you a vehicle for a very small portion, zero percent for two years, point five. percent for three years point seven five the list goes on and on and the reality is that people can't deny it and they want to buy a new vehicle because the incentive is so low that it can always work in their favor why would they buy one? a year-old vehicle that maybe costs ten thousand dollars less, but the interest rate to borrow from the bank is actually, say, two and a half three percent, when at the end of the day you can get one of these vehicles new ones by 0.5 or 0.25 percent.

It may actually work more in your favor, especially if you continue throughout the loan period. In fact, you can save money by purchasing a new vehicle instead of buying that slightly used vehicle thinking that you will save some money. Get a great deal and Be thrifty, you may actually end up spending more, so the incentives are there for you to purchase a new vehicle. Sure if you wait for a five year old vehicle you can get some great deals because if you buy a used BMW that means four five. range of years, those vehicles are now down to about 35 40 50 percent if you drive an m car, they are so depreciated that at that point it is worth going to the used vehicle, but at that point most people are really scared .

Buying a five or six year old BMW is often not even in the question, but for those who are not afraid, you can honestly get a phenomenal deal on a five year old BMW at forty percent of its original price. About that, think about a new M4, that car was a hundred and ten thousand Canadian dollars and guess what in about five years you can get that car for between fifty and sixty thousand dollars, that's less than half of its original value. Phenomenal deal and in many In many cases, a lot of those m cars are only driven in the summer, so a lot of times they're well cared for, they're not abused, they're often very, very well shown and you can get a phenomenal deal. , that's why those vehicles drive. dropped so much is mainly because the incentives for new vehicles are very aggressive and of course people are just afraid to buy a used bmw and said if you are buying a used bmw you probably want to know what the BMW engines are. more reliable ones right there, you'll want to click on that link.

He will tell you everything. I hope to see you in the next one. I'll catch you very soon. Bye bye.