I have owned several BMW's out of warranty and my opinion is that it is always cheaper to own a car out of warranty than to keep buying or leasing a new car every 3 years or 50k miles. The problem, from my vantage point, is that many people go out of warranty and expect the car to run forever with no money put into it in terms of preventative maintainance or repairs. My experience has been that a problematic BMW will show its true colors long before the warranty ends (this has happened to me) and if that is the case dump it. If you get a good BMW then it will go 200k miles with proper care. It boils down to this...if you are a monthly payment driver with nothing else left over after you pay your bills then you should not drive a BMW out of warranty. This person should just lease so there is nothing unexpected. If you are financially secure and can handle an occasional 1k repair bill then you will save money keeping the car until it is somewhere between 120k - 200k miles. Lastly, I do not subscribe to the BMW service schedule for cars I am keeping past the warranty date and I have my own modified schedule that I follow and is primarily based on Mike Miller recommendations and my own personal experience.
~ 15 M4 (My new daily beater)
~ 14 335 (Hers)
- Previous BMW's - Way too many to list here (20)