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===Doing Your Research Before Purchasing===
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===Doing Your Research Before Purchasing===
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#Research the different types of BMWs. Make sure you know all the different models, so you know what you’re looking for when you get to the dealership.<ref>http://www.companyofcars.com/buying-a-used-bmw.htm</ref>[[Image:Buy a Used BMW Car Step 1 Version 2.jpg|center]]
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#Research the different types of BMWs. Make sure you know all the different models, so you know what you’re looking for when you get to the dealership.<ref>http://www.companyofcars.com/buying-a-used-bmw.htm</ref>[[Image:Buy a Used BMW Car Step 1 Version 2.jpg|center]]
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#*The 1 Series is a rear-wheel drive four-seat car that is best for consumers who are looking for a small, fast luxury vehicle.
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#*For the best-selling BMW
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#*For the best-selling BMW, you’ll want to look for the 3 Series. This is also a small car, but it comes in rear-wheel and all-wheel drive. You can a get a sedan (E90), wagon (E91), coupe (E92), and convertible (E93). This is also a high powered vehicle, but is also known for handling well. If you're looking for something cheaper, consider the older (E46) coupe or cabriolet.
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#*The
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#*The 5 Series is a mid-size sedan that is mostly known as a luxury vehicle. It is available in all-wheel drive. Some even have diesel engines and save costs in fuel consumption, although exhaust parts may need to be replaced more often
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#*For the largest sized vehicle, you’ll want to look for the
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#*For the largest sized vehicle, you’ll want to look for the 7 Series, which is a luxury sedan that comes with leather seats and often wood trim. This is made for people who can be driven around by people like chauffeurs, otherwise don't waste your cash on it.
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#*Based on the Series
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#*Based on the 3 Series, the X3 is a small SUV that has a lot of space for hauling whatever you wish. It works well if you have a small family and "occasionally" need to tug a giant amount of items.
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#*The most expensive BMW
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#*The most expensive BMW besides the 7 Series is the X5. It’s the largest SUV and can be pricey to maintain as well as buy. Be careful of the X5 as they are greatly unreliable and costs start and go upward of $5,000.
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#Be aware of potential depreciation with a used BMW. BMWs are great cars, but they lose value quickly. This can especially be a problem if you plan on reselling your used BMW later on.<ref>http://www.testingautos.com/buying-used-bmw</ref>[[Image:Buy a Used BMW Car Step 2 Version 2.jpg|center]]
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#Be aware of potential depreciation with a used BMW. BMWs are great cars, but they lose value quickly. This can especially be a problem if you plan on reselling your used BMW later on.<ref>http://www.testingautos.com/buying-used-bmw</ref>[[Image:Buy a Used BMW Car Step 2 Version 2.jpg|center]]
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#*BMWs do not maintain their value for long. With each passing year, your car loses value at a larger rate than other similarly priced luxury vehicles.
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#*BMWs do not maintain their value for long. With each passing year, your car loses value at a larger rate than other similarly priced luxury vehicles.
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#*High depreciation cars can also mean that you can find an older BMW for less. The difference between a 3- and 6-year old BMW can be rather large.
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#*High depreciation cars can also mean that you can find an older BMW for less. The difference between a 3- and 6-year old BMW can be rather large.
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#Know about the costs of maintaining a used BMW. BMWs can be expensive to maintain, because of general upkeep, as well as costly repairs and issues with reliability.<ref>http://www.testingautos.com/buying-used-bmw</ref>[[Image:Buy a Used BMW Car Step 3 Version 2.jpg|center]]
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#Know about the costs of maintaining a used BMW. BMWs can be expensive to maintain, because of general upkeep, as well as costly repairs and issues with reliability.<ref>http://www.testingautos.com/buying-used-bmw</ref>[[Image:Buy a Used BMW Car Step 3 Version 2.jpg|center]]
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#*BMWs are expensive to maintain. They require higher quality gasoline, oil, and tires than many other vehicles. Additionally, the labor costs for
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#*BMWs are expensive to maintain. They require higher quality gasoline, oil, and tires than many other vehicles. Additionally, the labor costs for BMWs are usually higher because of the way they’re engineered. This can be avoided by going to second or even third hand repair centres. If the BMW was made before 1999, the car can be serviced by any mechanic specialized, non-specialized or even by the owner (you).
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#*Repairs for BMW can be pricey. It’s not hard to find a shop that specializes in these vehicles, but in their Vehicle Monitoring Systems. Local dealerships are usually expensive for repairs, so having a BMW-specialized repair store near you is important for keeping costs down.
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#*Repairs for a BMW can be pricey. It’s not hard to find a shop that specializes in these vehicles, but in their Vehicle Monitoring Systems. Local dealerships are usually expensive for repairs, so having a BMW-specialized repair store near you is important for keeping costs down.
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#*While
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#*While BMWs (with the exception of the X5) are generally reliable, they do occasionally need repairs. Some of their reliability issues are due to the use of plastic parts and the expensive electronics that make up the interior of the car.
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#Read about the potential issues with each model car. Certain BMW models are known for having common problems. Make sure you know any specific problems with your model. Some of the most common problems for BMWs include:<ref>http://www.autoguide.com/auto-news/2014/08/buy-used-bmw-3-series.html</ref>[[Image:Buy a Used BMW Car Step 4 Version 2.jpg|center]]
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#Read about the potential issues with each model car. Certain BMW models are known for having common problems. Make sure you know any specific problems with your model. Some of the most common problems for BMWs include:<ref>http://www.autoguide.com/auto-news/2014/08/buy-used-bmw-3-series.html</ref>[[Image:Buy a Used BMW Car Step 4 Version 2.jpg|center]]
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#*Electrical issues. The BMW has many complex electronics both inside and outside the vehicle. BMWs occasionally have issues with the battery, fuses, and the key control system. Additionally, some internal electronics like power windows and power steering are problematic in BMWs. As mentioned earlier most of these systems are managed and controlled by the
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#*Electrical issues. The BMW has many complex electronics both inside and outside the vehicle. BMWs occasionally have issues with the battery, fuses, and the key control system. Additionally, some internal electronics like power windows and power steering are problematic in BMWs. As mentioned earlier most of these systems are managed and controlled by the vehicle's iDrive System.
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#*Engine issues. Since many of the BMWs have turbocharged engines, engine problems are common with these cars. Some issues including stalling, difficulty while idling, and a rough ride. On
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#*Engine issues. Since many of the BMWs have turbocharged engines, engine problems are common with these cars. Some issues including stalling, difficulty while idling, and a rough ride. On a second-generation X5, the engine replacements can cost around $5,000.
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#*Rattles. BMWs can have strange noises coming from inside or outside the vehicle. These may simply be annoying, but they could also indicate a problem with the vehicle.
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#*Rattles. BMWs can have strange noises coming from inside or outside the vehicle. These may simply be annoying, but they could also indicate a problem with the vehicle.
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===Checking the Car’s History===
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===Checking the Car’s History===
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#Pay attention to any red flags on the vehicle history report. The vehicle history report will give you a lot of information. However, there a few important things to look for that may be red flags if you’re buying a used BMW.<ref> http://www.dmv.org/buy-sell/used-cars/vehicle-history-report.php</ref>[[Image:Buy a Used BMW Car Step 6.jpg|center]]
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#Pay attention to any red flags on the vehicle history report. The vehicle history report will give you a lot of information. However, there a few important things to look for that may be red flags if you’re buying a used BMW.<ref> http://www.dmv.org/buy-sell/used-cars/vehicle-history-report.php</ref>[[Image:Buy a Used BMW Car Step 6.jpg|center]]
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#*Look for any tampering with the odometer. If the mileage on the vehicle history report does not match that on the car, the odometer has been tampered with and you should walk away from the car.
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#*Look for any tampering with the odometer. If the mileage on the vehicle history report does not match that on the car, the odometer has been tampered with and you should walk away from the car.
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#*Check for failed emissions reports. If you live in an area with emissions standards (
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#*Check for failed emissions reports. If you live in an area with emissions standards (such as California), you’ll have to get this fixed for your used car. Verify that all repairs have been done if you see evidence the vehicle has failed emissions tests in the past.
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#*Beware of any major accidents. Even if the car looks fine now, it’s possible that major accidents have cracked the frame or caused other permanent damage.
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#*Beware of any major accidents. Even if the car looks fine now, it’s possible that major accidents have cracked the frame or caused other permanent damage.
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#*Look for any vehicle damage, due to flooding. Flood damage to engines can be hard to find, but very expensive to fix.
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#*Look for any vehicle damage, due to flooding. Flood damage to engines can be hard to find, but very expensive to fix.
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#*Check for a certified pre-owned warranty. Certified pre-owned warranty are warranties for used cars that have been verified to be in excellent shape. Read all the fine print if the used BMW has one, since some of these warranties are not transferrable to new owners.<ref>https://ift.tt/2LIAwqz>
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#*Check for a certified pre-owned warranty. Certified pre-owned warranty are warranties for used cars that have been verified to be in excellent shape. Read all the fine print if the used BMW has one, since some of these warranties are not transferrable to new owners.<ref>https://ift.tt/2LIAwqz>
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#Bring a mechanic to look at the car. Your used BMW should be thoroughly inspected before you start negotiating to buy it. Have a third-party mechanic look at the car, since it’s better to have someone external to your purchase verify that the car is in good shape.<ref>https://ift.tt/1MsWeJV </ref>[[Image:Buy a Used BMW Car Step 8.jpg|center]]
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#Bring a mechanic to look at the car. Your used BMW should be thoroughly inspected before you start negotiating to buy it. Have a third-party mechanic look at the car, since it’s better to have someone external to your purchase verify that the car is in good shape.<ref>https://ift.tt/1MsWeJV </ref>[[Image:Buy a Used BMW Car Step 8.jpg|center]]
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#*Talk to a mechanic you can trust. If you have a regular mechanic that you’ve built a relationship with, this is the best person to check out your
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#*Talk to a mechanic you can trust. If you have a regular mechanic that you’ve built a relationship with, this is the best person to check out your used BMW.
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#*Have the mechanic look over the car for major issues. This should take about an hour, so it may cost around $100 to complete.
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#*Have the mechanic look over the car for major issues. This should take about an hour, so it may cost around $100 to complete.
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#*Inspectors can spot major issues that are not noticeable to the naked eye, such as poor repair work, flood damage, or frame damage. While some of this may come up in the vehicle history report, a good mechanic can verify any of these issues as well.
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#*Inspectors can spot major issues that are not noticeable to the naked eye, such as poor repair work, flood damage, or frame damage. While some of this may come up in the vehicle history report, a good mechanic can verify any of these issues as well.
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#*Start off by offering a one step below the true market value for the car. BMWs are popular, so probably only one step is advisable.
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#*Start off by offering a one step below the true market value for the car. BMWs are popular, so probably only one step is advisable.
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#*Used the best [[Negotiate Car Price|negotiating]] tactics. Don't make any rash decisions while you're there.
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#*Used the best [[Negotiate Car Price|negotiating]] tactics. Don't make any rash decisions while you're there.
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#Be realistic about the deal you’re getting. If a deal for a used BMW is too good to be true, it may very well be.While we all love bargains, do remember that there is no such thing as "cheap BMW in excellent condition."[[Image:Buy a Used BMW Car Step 12.jpg|center]]
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#Be realistic about the deal you’re getting. If a deal for a used BMW is too good to be true, it may very well be. While we all love bargains, do remember that there is no such thing as "cheap BMW in excellent condition."[[Image:Buy a Used BMW Car Step 12.jpg|center]]
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#*Buying the cheapest used BMW may not give you the best value for your money. Your goal should be to find a reasonably priced used BMW in good shape.
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#*Buying the cheapest used BMW may not give you the best value for your money. Your goal should be to find a reasonably priced used BMW in good shape.
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#*BMWs that are too good of a deal may have some issues. Have a reliable vehicle history report and a mechanic look over the car thoroughly if the price seems too good to be true.
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#*BMWs that are too good of a deal may have some issues. Have a reliable vehicle history report and a mechanic look over the car thoroughly if the price seems too good to be true.
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#*If they are asking for less than the car is worth, you definitely need to be suspicious. It's possible the car has major liens against it or it could even be stolen.
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#*If they are asking for less than the car is worth, you definitely need to be suspicious. It's possible the car has major liens against it or it could even be stolen.
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==Tips ==
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*If you're planning to buy a coupe or cabriolet, buy it in the winter to get a lower price. If you're planning to get an X3 or X5, get it in the summer for the cheaper price.
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== Related wikiHows ==
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== Related wikiHows ==
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*[[Buy a Used Car]]
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*[[Buy a Used Car From a Private Party]]
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*[[Check out a Used Car Before Buying It]]
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*[[Price Used Cars]]
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*[[Price Used Cars]]
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== References ==
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== References ==
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