Why is BMW resale value so low?

There is not a “demand” for used 5yo or more BMWs. Merc are more expensive out the lot, and are a lot more reliable in most cases which is why you could get BMWs so low. As mentioned before, a BMW without a warranty is not something feasible.

In respect to this, Is BMW better than Audi?

Audi pull ahead when it comes to styling and tech, but BMW offer a smoother, sportier driving experience. Both brands rank highly when it comes to safety features, but Audi has poorer reliability ratings by a margin.

Furthermore, Should I buy a BMW or a Mercedes?

That said if you have the money to spend on either a BMW or Mercedes, it’s very hard to go wrong with any model in their range nowadays. But it’s a general rule of thumb that if you want something sportier, stick to BMW; but if you want something premium and classy, Mercedes-Benz may suit you better.

Additionally, Is BMW 7 Series expensive to maintain?

BMW 7 Series Maintenance Costs

A BMW 7 Series will cost about $14,453 for maintenance and repairs during its first 10 years of service. This is more than the industry average for luxury sedan models by $2,749. There is also a 40.39% chance that a 7 Series will require a major repair during that time.

Why are BMW 550i so cheap? One of the reasons that BMWs are so cheap is that the used market for them is oversaturated. Cars are products, just like any other, and when there’s a lot of supply and not as much demand, then the prices drop.

19 Related Questions Answers Found

Which is better Audi or BMW or Mercedes?

Audi was all about all-wheel drive. Now BMW and Mercedes offer all-wheel drive on most models, which is a necessity for rear-wheel-drive luxury cars sold in northern states. BMW led in driving dynamics. … That gap has substantially narrowed and in some cases, Mercedes has lost its advantage.

Which is cheaper to maintain Audi or BMW?

Over 10 years, you can expect to pay the most to maintain BMW and Mercedes-Benz vehicles, according to Clark.com. The average Audi maintenance cost over 10 years is $12,400. BMW vs. Audi maintenance cost: These cars cost $17,800 to maintain, $5,400 more than Audi.

What German car is most reliable?

According to PVDS brand ranking, Porsche is the most reliable German car brand in 2020.

Which is cheaper to maintain BMW or Mercedes?

According to Your Mechanic, BMWs are easily the most expensive car brand to maintain. … BMW is in first place, with an average maintenance cost over 10 years of $17,800. In second place was Mercedes-Benz, which had an average 10-year maintenance cost of $12,900.

What lasts longer Mercedes or BMW?

In a comparison between BMW, Audi and Mercedes-Benz, the study shows which brand requires the most maintenance under six years of ownership, after six years and after twelve years. … BMW sits in the middle with Mercedes being the most reliable, therefor the cheapest. After six years, things start to change.

Why are used BMW 7 Series so cheap?

Why is there such a huge difference in price? The reason why the BMW 7 Series is significantly less than a slightly older model is simple. It’s classified as a luxury vehicle. Car owners aren’t going to pay top dollar for technology that’s essentially outdated in a used car, even one that’s only a year old.

What is the best 7 Series BMW to buy?

Here are five of the top BMW 7 Series cars released in the last decade.

2006 BMW 750Li – $71,800. …
2008 BMW 760Li – $82,495. …
2013 BMW 740Li – $81,525. …
2016 BMW 730d xDrive – $82,295. …
2017 BMW Alpina B7 – $137,995. …
10 Custom Built Ferraris That Will Blow You Away. …
10 Supercars Costing North of $2 Million.

How many miles does a BMW 7 series last?

If a BMW has been well looked after and goes for servicing regularly, then it should last well over 100,000 miles. Some owners have even had a BMW for around the 250,000-mile mark. So, they last for a pretty long time when they’re taken care of.

Why is BMW high maintenance?

BMWs cost a lot to maintain

According to Your Mechanic, BMWs are easily the most expensive car brand to maintain. It’s not even a close contest. BMW is in first place, with an average maintenance cost over 10 years of $17,800. … This is mostly because these luxury cars use expensive, high-end parts.

Why BMW depreciate so fast?

Leasing can contribute towards a drop in re-sale value, too. … Considering leases account for more than 50 percent of BMW and Mercedes-Benz sales, there’s been a constant stream of three-year-old vehicles hitting the used car market, which in turn drives down costs.

What is the best BMW to buy used?

What Is The Best Used BMW Model To Buy?

2009 BMW X3. If you are after a BMW SUV, this is the model you want. …
2006 BMW 3 Series Sedan or Wagon. The second vehicle on our best used BMW list is the 3 series sedan and wagon. …
2013 BMW 1 Series. …
2010 BMW 5 Series. …
2008 BMW 7 Series.

What’s the best German car?

Top Five German Car Brands

Volkswagen. Volkswagen is the flagship brand for the Volkswagen Group and is considered to be one of the most reliable brands on the global market. …
Mercedes-Benz. …
Audi. …
BMW. …
Porsche.

Is Mercedes or BMW better?

While the Mercedes-Benz CLS-Class is one of the highest performing large luxury sedans on the road today, the overall winner when it comes to luxury performance is BMW. Any consumer looking for style and performance in the same convenient package should choose a vehicle produced by BMW.

Is Lexus or Audi better?

When it comes to predicted reliability, according to Consumer Reports, Lexus offers consistently good predicted reliability ratings across its lineup. Audi was a close second. While the A3 and A4 had great reliability ratings, the A6 received a one out of five. The Mercedes-Benz reliability ratings weren’t as good.

What is the best German car brand?

Top Five German Car Brands

Volkswagen. Volkswagen is the flagship brand for the Volkswagen Group and is considered to be one of the most reliable brands on the global market. …
Mercedes-Benz. …
Audi. …
BMW. …
Porsche.

Which is cheaper to maintain Mercedes or BMW?

According to Your Mechanic, BMWs are easily the most expensive car brand to maintain. … BMW is in first place, with an average maintenance cost over 10 years of $17,800. In second place was Mercedes-Benz, which had an average 10-year maintenance cost of $12,900.

What is the best German car?

Top Five German Car Brands

Volkswagen. Volkswagen is the flagship brand for the Volkswagen Group and is considered to be one of the most reliable brands on the global market. …
Mercedes-Benz. …
Audi. …
BMW. …
Porsche.

What is the best used German car to buy?

We’ve compiled a list of the some of the best used German cars available.

BMW 3 Series. Originally created in 1975, the BMW 3 Series is the textbook answer for a classy executive saloon car. …
Volkswagen Golf. …
Mercedes-Benz C-Class. …
Audi TT. …
Porsche 911. …
Mercedes-Benz S-Class. …
Audi Q5. …
BMW 1 Series.