Why buying a used BMW is a smart investment
September 29, 2024
If you’ve always wanted a BMW, but were discouraged by the price, then you should consider buying a used one.
While many people may be reluctant to invest in a used car, buying a used BMW can be a practical and wise investment that gives you the ultimate luxury vehicle at a much lower price.
The benefits of purchasing a used BMW
Below we discuss a few benefits of purchasing a used BMW.
Variety
When you opt for a used BMW rather than a new one you are expanding the range of options that you can choose from. The BMW used car market is extensive and offers a great deal of choice to prospective car buyers. You will gain access to numerous models and variants. You can also choose from various vehicle conditions, years, and pricing. BMW has been manufacturing numerous different models for many decades now, and you can explore all these options according to your inclination, budget and needs.
Slower depreciation
High performance cars such as the BMW tend to depreciate rapidly during the first few years resulting in the loss of investment value. However, once the rate of depreciation eases out and is more gradual, ensuring the value of the car is maintained. Hence when you invest in a used BMW you do not have to deal with high depreciation rates. Thus, your BMW retains better value when you opt for a used car.
Saves money
Financial savings
Buying a used BMW gives you huge financial savings and is an extremely affordable way to own the car of your dreams. If you’re lucky, you will be able to buy a used BMW at a huge reduction from the price of its new version. This is primarily because of the rate of depreciation as discussed above. A new BMW depreciates at an extremely high rate during the first few years of ownership which causes a huge dent in its value when it is placed for sale in the used car market. This allows you to buy a used BMW at a price much lower than its new version.
Reduced insurance premiums and registration fees
Costs of insurance and registration fees on new BMWs is extremely high compared to the insurance and registration for a used BMW. This is attributable to the age of the car since insurance premium and registration fees are directly related to the age of your car. The older your BMW is the lower the insurance premium and registration fees you have to pay. Hence, apart from saving on the purchase price, you also save money on the insurance premium and registration fees of your used BMW.
Reliability
BMWs are crafted with meticulous attention to detail. These are highly reliable and sturdy vehicles that provide outstanding performance for many years. Hence, when you buy a used BMW you do not miss out on much since you get a car that has a legacy of superior engineering and will serve you well for a longer time.
Resale value
BMW has a strong resale value influenced by various factors such as the model, age, demand, condition, etc. Moreover, BMW has a stellar reputation for resale as it enjoys high demand in the used car market even when it is several years old. BMW’s premium quality, established brand reputation, and superior performance ensure it is always in demand. Hence, when you invest in a used BMW, you can be sure that your car will retain value even after several years of use. Providing regular service and maintenance will help you keep it in excellent condition and add to its resale value.
Environment-friendly option
Buying a used BMW rather than a new one significantly impacts the environment by reducing the demand for new cars and diminishing your carbon footprint. This is because manufacturing a new car requires the use of numerous resources and produces a large amount of waste that can damage the environment. By opting for a used BMW rather than a new one, you are bringing down the demand for new cars and promoting the reuse of existing cars
AUTO LEVEL - A PREMIUM USED CAR DEALERSHIP IN THE UAE
We are Auto Level, a luxury used car dealership in the UAE dealing in GCC and non-GCC cars. We have various car brands such as Audi, BMW, Range Rover, Mercedes, Porsche and many more in our inventory. Our used vehicles are highly reliable due to our consistently high testing standards. Avoid the hassle of car inspections, paperwork, and registration by purchasing your used BMW from us. We will handle all the paperwork and procedures. Just call 80053835 to schedule your test drive and drive home your dream car!
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