How Much Does An Average BMW Cost?

Introduction

If a BMW is something you’re considering, you might be curious as to how much they go for. A BMW can cost anywhere from $38,600 to $62,200, depending on the type and specification level you select. The 3 Series, the 5 Series, and the 7 Series are BMW’s three best-selling automobiles.

The final price of the car includes the basic price plus all applicable taxes, fees, and destination costs. The exact amount of these costs may change based on your state of residence. Contact us right away to talk with one of our client advisor and get a precise quote for the BMW you’re interested in buying.

What factors affect the cost of a BMW?

When considering the cost of a BMW, there are a few factors that will affect the overall price. The model of the vehicle will play a large role in the cost. Generally speaking, higher end models will cost more than entry-level ones. Additionally, the trim level that you choose will also have an impact on the cost. For instance, a BMW 3 Series with the Luxury Line trim will cost around $43,000, while the same model with the M Sport trim will cost $45,000. In addition to the model and trim level, the options that you choose for your BMW will also affect the cost. For example, choosing the smart key system for your 3 Series will add around $500 to the overall cost of the vehicle. Similarly, choosing a manual transmission instead of an automatic one can save you around $1,500.

The average cost of a BMW

Prices for BMWs range from the low $30,000s to the high $70,000s, based on the specific model, trim level, and extras you select. A BMW can cost anywhere from $33,000 (the starting price) to $62,200. Taxes, fees, and destination charges can add several thousand dollars to the final price of the car on top of the basic price. You should also factor in any potential funding costs in addition to the basic price and fees. The down payment, interest rate, and regular installments are all factors. How much you put down and how much you pay each month can be vastly different based on the term of your credit and the interest rate you agree to.

Buying a BMW: new or used?

The process of purchasing a vehicle involves a number of significant turning points. Which vehicle do you want to purchase? Is one. The amount of money you want to spend must also be taken into account. The obvious follow-up question, “Should I buy new or used?” results from that.

What are the benefits of new products over used ones? What distinguishes one product as better than another? To help you decide whether purchasing new or used is ideal for you, we’ll go over these problems in more depth below.

Visit BMW of Grand Blanc to speak with a member of our experienced sales staff and learn more about the benefits and drawbacks of buying a used car as opposed to a new one if you need more help making your decision. We’ll outline what to expect from both choices so that you can make a more informed decision.

Benefits of Purchasing New

Let’s start by discussing the benefits and drawbacks of purchasing a new car. You are purchasing the most recent edition, which is the first and most apparent benefit. You receive the newest technology, speed, and safety features in addition to a brand-new car.

You can be guaranteed to get the best by buying the most recent model whether you’re interested in that heads-up display, particular driver-assist safety and comfort features, or a more potent motor.

You also get to profit from new car guarantees, which is another significant advantage. The guarantee on a new vehicle typically includes almost all necessary upkeep and lasts for 6 to 12 months. This not only helps you save money on any necessary routine upkeep during that time, it also ensures that you will be protected if your car experiences a problem. Of course, purchasing a Certified Pre-Owned BMW will provide you with the same benefits, but we’ll cover that in more detail later.

Benefits of Purchasing Used

The benefits of getting used vehicles aren’t as obvious as they are when purchasing new ones. Most people are aware that purchasing used saves money, but they are not sure by how much. Buying the prior year’s model can frequently save you thousands of dollars because cars lose worth rapidly.

Then I’m going to lose out on the newest technology and other benefits, you might object. But because of the way automakers operate, a single model usually has a “run” of several years. That implies that for up to three to four years in a run, a specific model will essentially stay the same with only small changes. The model will then get a complete improvement, frequently with a new external and substantial changes. Because of this, purchasing a model from the previous year means you won’t be losing out on very much.

The reality that the car isn’t in ideal shape used to be arguably the greatest disadvantage of buying used. Even that, though, can now be avoided thanks to initiatives like BMW’s Certified Pre-Owned.

The Additional Benefits Of Purchasing A Certified Used BMW

You can get the best of both situations by buying a Certified Pre-Owned BMW, which is a like-new BMW at a lower cost.

BMW Certified Pre-Owned vehicles go through a thorough selection and certification procedure, including several tests that confirm the car meets BMW standards for a like-new BMW. The car’s mileage cannot exceed 60,000 miles, and you are covered by a 6-year, 100,000-mile guarantee as well as 24/7 BMW Roadside Assistance.

Which Is Better, New or Certified Pre-Owned?

Purchasing used is no longer the same. Whether you buy a new or Certified Pre-Owned BMW, you can be confident that you’re receiving the best of what BMW has to offer, as well as a strong guarantee and BMW Roadside Assistance.

Visit BMW of Grand Blanc for more information on the BMW Certified Pre-Owned program. Our experienced sales and finance teams will assist you every step of the way in locating your ideal BMW and a funding choice that meets your needs.

To wrap things up

Purchasing a BMW can be an exciting yet expensive endeavor. To get an accurate estimate of the cost, it is important to consider all of the factors that may affect the price such as the model, trim level, and options. Additionally, it is important to shop around and compare prices to get the best deal possible. Finally, if you are looking to save money, consider purchasing a used or certified pre-owned BMW. These vehicles may come with additional incentives and may be more affordable than buying a new one.

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