Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > General BMW

General BMW
Use this forum to talk about general BMW news/stories and to chat with fellow enthusiasts about the direction that BMW is going in for their cars and/or motorcycles!

Reply
 
Thread Tools Display Modes
  #1  
Old Today, 08:53 AM
Vanilla-Kitten Vanilla-Kitten is online now
Registered User
Location: Chicago
 
Join Date: Dec 2014
Posts: 2
Mein Auto: Ford
Is a BMW A better investment in the long run?

Hello everyone . This is my first time ever investing in a car. I dont have experience in brands at all. I just want one that won't break down often in the long run. My family had used cars and all the expenses went in maintaining them every other month. I never want to drive a used vehicle ever again. So I would like to pick out a car, even if it's expensive to serve me for at least ten years, and won't disappoint me as often. I know cars will need their maintence every now and then, but I don't want it to be as often.

Many people are telling me that bmw is short lived, but I'm not going to rely on people who just read something from a magazine or buy a used one. I want to know from people who actually experienced a bmw. Please answer honestly. And oh yeah, I'm not the kind to speed , or have rough adventures with a car. I just want it for normal daily transportation uses, and a good experience. Kindly advise Thanks alot
Reply With Quote
Advertisement
  #2  
Old Today, 09:13 AM
PIXLFIX PIXLFIX is offline
Registered User
Location: 60073
 
Join Date: Jul 2013
Posts: 66
Mein Auto: E70
New cars are never good investment until unique or prototypes
Reply With Quote
  #3  
Old Today, 09:50 AM
Kamdog's Avatar
Kamdog Kamdog is offline
-- Robert S. Johnson 56FG
Location: New York
 
Join Date: Apr 2007
Posts: 6,073
Mein Auto: 2008 535i
Cars are not investments, they are consumables. If you want a car that will likely last 10 years with minimal maintenance and low cost, I suggest a Honda Accord.

OTOH, I have 85K miles on my car, and it is 7 years old, and I fully expect it to last another three years and perform at a high level. But maintenance is expensive, and if anything breaks, it will be expensive to repair.

BMWs are expensive to buy, expensive to maintain, and expensive to fix. They are not, however, especially fragile, or prone to breaking down without warning.
__________________

535i, Monaco, Cream, Light Poplar, Comfort Seats, PP, Nav, ED.
Reply With Quote
  #4  
Old Today, 10:12 AM
stonex1's Avatar
stonex1 stonex1 is online now
Officially Welcomed to the 'Fest
Location: BC, Canada
 
Join Date: Oct 2012
Posts: 706
Mein Auto: 13' X1 35i
+1 on Honda,
if you are the type of person that thinks of a car solely as transportation.

BMW's are not the most reliable vehicles on the planet, but they are not the worst.
And any brand you decide on could last 20 years, or 20 weeks.
If you keep its maintenance up properly, you'll have a better chance of keeping it longer.

Life is short, drive a car that makes you happy.
__________________
2013 X1
MinGrey,Xenon,HK,PwrSeats,Sirius,XLine,Nav
Reply With Quote
  #5  
Old Today, 11:18 AM
Gary J's Avatar
Gary J Gary J is online now
Officially Welcomed to the 'Fest
Location: SC beach & NC mountains, 18th at Carnoustie
 
Join Date: Dec 2013
Posts: 1,323
Mein Auto: 435 vert & X5
Uh, Apple is an investment. A car is a (rapidly) depreciating asset.
__________________

Gary J
ED May 6, 2014 thread
435i Convertible Estoril Blue. Dakota Black/Blue M Sport
plus pretty much everything else but Parking Assistant
Reply With Quote
  #6  
Old Today, 11:25 AM
Vanilla-Kitten Vanilla-Kitten is online now
Registered User
Location: Chicago
 
Join Date: Dec 2014
Posts: 2
Mein Auto: Ford
Thank you all for your answers I appreciate it! Thank you for correcting me on the word usage "depreciating asset and consumable" instead of "investment" . (lol I will keep those in mind All of your feedback was very valuable to me and I will certainly take into consideration for my final decision.<3

Last edited by Vanilla-Kitten; Today at 11:26 AM.
Reply With Quote
  #7  
Old Today, 11:54 AM
Saintor's Avatar
Saintor Saintor is offline
Abuser of everything
Location: MTL
 
Join Date: Dec 2002
Posts: 2,916
Mein Auto: BMW E90 2007
Quote:
Originally Posted by Vanilla-Kitten View Post
Hello everyone . This is my first time ever investing in a car. I dont have experience in brands at all. I just want one that won't break down often in the long run. My family had used cars and all the expenses went in maintaining them every other month. I never want to drive a used vehicle ever again. So I would like to pick out a car, even if it's expensive to serve me for at least ten years, and won't disappoint me as often. I know cars will need their maintence every now and then, but I don't want it to be as often.

Many people are telling me that bmw is short lived, but I'm not going to rely on people who just read something from a magazine or buy a used one. I want to know from people who actually experienced a bmw. Please answer honestly. And oh yeah, I'm not the kind to speed , or have rough adventures with a car. I just want it for normal daily transportation uses, and a good experience. Kindly advise Thanks alot
I think that leasing is the way to go to acquire a BMW in the USA, as opposed as keeping it long term. The rates are often ridiculously low with promotion. Purchasing an used 25-30K$ can be easily as costly as leasing a new 45-50K$ one. That is not a bad thing IMO.

I have a 2007 BMW in the long run. As it ages, it is fairly reliable but there were a lot of nonsense items that required repairing. For example, I would expect not to have mechanical leaks, but apparently BMW doesn't master this state of advanced science.
__________________
2007 E90 AW 323i Step | Lowered 1.25"/1" | BMW Performance Exhaust | Debadged | Scangauge II | Style 162 18" & 161 17" wheels & rear 15mm spacers
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > General BMW
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 01:14 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms