If you’re looking for a new car that’s really going to wow your friends and family and make you stand out from the other vehicles on the road, then you might want to consider a used BMW. Many people turn their noses up at getting a used car, but that stigma had no standing in today’s society. Here are a few reasons why used BMWs are cheaper and why you might be better off with one instead of getting a new car.
Used BMWs Aren’t Cheap
Any trip to a sales lot for used bmw for sale phoenix will show you that you’re not going to get a cheap car. But they are more affordable than their brand new counterparts. This makes them much more affordable for those who want a luxury car but not a luxury bank account. The real question is, however, is why used BMWs are cheaper.
Reasons Used BMWs Are Cheaper
There are several factors that come into play when examining why used BMWs are cheaper. For one, the market is already wildly oversaturated with BMWs to begin with, meaning that it’s easier for people get their hands on them. Other factors include:
- BMWs are expensive to own and pricey to maintain. Replacement parts are expensive
so many people choose to trade them in for another vehicle that fits into their budget
more easily. - The residual value of BMWs is not very high, so they’re often sold back to dealers in
order to get their worth before their value drops too low. - There are always pricing incentives for new BMWs, so dealers are always trying to put
lower prices on used cars so that more customers are drawn in to buy them.
Although the quality might not be exactly up to par with their newer counterparts, a used BMW from the right dealer will still operate just as well.
Shift In Prices From The Pandemic
Because the pandemic hindered production of parts, the prices of new cars went up dramatically, leading people to turning to used cars instead as a result of these increased costs. However, prices are now on a downward trend so now would be a good time to get in some great deals for a used BMW.
What Are The Cheapest BMW Models?
Because new BMWs are tricky to afford, having used versions of some of the more popular models has made it easier for some people to still drive around in style. Here are a few of the cheapest used BMW models you might find on the market.
● BMW 2 Series Gran Coupe
● BMW X1
● BMW 2 Series
● BMW X2
Of course, it’s important to shop around and see where you can get the best prices, but these are usually the more affordable models across the board.
If you are considering investing in a used BMW vehicle, it’s important that you ask a lot of questions to ensure that you’re not buying a lemon. Feel free to contact your local used car dealer to see if they have any affordable used BMW models that you might be interested in.