When it comes to prestige, nothing compares to BMW. The Bavarian-based auto manufacturer is synonymous with luxury and has launched a myriad of iconic models over the decades, including the high-tech 750iL driven by James Bond. One of the biggest decisions you’ll make when shopping for a BMW is whether to buy new or used. There are a lot of factors at play, which is why we’ve penned this insider’s guide to help you decide, “should I buy a used BMW or splurge on a new model?”

The pros of buying a new BMW

Enjoy the latest bells and whistles

If you’re the kind of person who loves to get their hands on the latest iPhone the day it’s released, you’ll love the satisfaction of getting behind the wheel of a new BMW. Driving out the dealership, you’ll have access to all the latest technology, safety features and luxe extras.

For example, the latest BMW 8 Series Coupé is packed with innovative technology to enhance the driver experience and on-road performance. As well as standard features, you’ll have the option to upgrade to exclusive extras like a Bowers & Wilkins Diamond surround sound system. These are the kinds of perks you just won’t get buying second-hand.

“Should I buy a BMW with an electric motor?” If you’re in the market for an electric BMW, buying new guarantees the latest battery technology. Buy new and you’ll enjoy longer range, faster charge times and a smoother driving experience. 

Peace of mind with a new vehicle warranty

Manufacturer warranties usually last for between 6 to 12 months and cover almost all servicing, repairs and maintenance. So, in the first year of ownership you can expect to pay very little when it comes to upkeep.

Savour that “new-car smell”

The intoxicating aroma of freshly-oiled leather, squeaky clean plastic and fresh upholstery is something that comes with all new BMWs.

The pros of buying a used BMW

Unlock big savings

“Should I buy a used BMW?” Value for money is one of the biggest pros of purchasing a used BMW. Cars depreciate in value from the moment they’re driven out the dealership, which means you can unlock big savings by opting for a BMW that’s a few years old.

Enjoy the same features

Many motorists choose to buy new to secure the latest features and tech. However, many manufacturers launch virtually the same model for several years in a row as it’s simply not possible to make big upgrades every year. After a “run” of three or four years, the model will undergo a full revamp and be relaunched with a new exterior, interior, engine and novel features. Are you asking yourself, “should I buy a used BMW if I love the latest tech?” Well, if you do your research and buy a model at the start of its multiyear run, you won’t be missing out on much for the next few years.

Take advantage of the Approved Used BMW scheme

The Approved Used BMW scheme takes the stress out of buying a new car with a laundry list of benefits. Vehicles accepted into the program enjoy comprehensive manufacturer protection, including an unlimited mileage BMW warranty for a minimum of 12 months. This includes any work that needs to be done for the vehicle to pass a MOT test. Every vehicle is also independently checked by qualified BMW mechanics to verify mileage and servicing history.

The much-loved BMW 3 Series

“Should I buy a used BMW from the 3 Series range?” BMW 3 Series models have been delighting drivers for more than 40 years. It all started with the BMW E21, a sporty, compact executive car launched in the 1970s. The second-generation E30 enjoyed similar success, selling more than 2.3 million units. Since then, the BMW 3 Series has maintained its reputation for luxury and prestige. With decades of different models to choose from, it’s no surprise BMW 3 Series models are hugely popular with second-hand buyers.

If you’re looking to buy new, the Seventh Generation BMW G20 launched in 2019 is a great option. It was unveiled at the Paris Motor Show and features a streamlined silhouette and state-of-the-art driver assistance systems. The model has been around for several years now, which means there’s a good amount of availability on the second-hand market.

The Sixth Generation F30 is another gold-standard choice when it comes to pre-owned BMWs. This model was launched in 2011 and manufactured right up to 2019, which means you’ll see some big age variations on the second-hand market. “Should I buy a BMW F30 more than 10 years old?” As always, it’s worth doing your homework when it comes to servicing history, especially if you’re looking at older models.

Teach an old BMW new tricks

“Should I buy a used BMW if I want extras like a heated steering wheel?” Thanks to a brand-new subscription service, it’s never been easier to customise your second-hand BMW. The manufacturer made headlines earlier this month with the launch of a subscription service for extra features. Using the ConnectedDrive Portal, motorists can unlock certain features that weren’t activated when the car was purchased.

For example, heated front seats can be purchased for £15 per month, while a heated steering wheel sets drivers back £10 per month. For another £10 per month, you can also activate automatic high beams, while access to Driving Assistant Plus active cruise control costs £35 per month. The manufacturer revealed that many models already have the hardware built in, it’s simply a matter of activating it.

The service is particularly useful for second-hand car owners, who may want to add extra features the previous owner didn’t splurge on. BMW also says the subscription model allows drivers to “experiment” with different features and decide whether they’re worthwhile before they purchase them outright.

Get into the cockpit of a BMW today

“Should I buy a BMW?” Absolutely. Whether you’re in the market for a pre-loved BMW i3 or a sleek new BMW 8 Series Convertible, we can help you to find the perfect car finance to get you into the driver’s seat of your dream car.

Our car finance checker makes it easy to crunch the numbers, without affecting your credit score. The process is quick, easy and allows you to shop around for the best BMW car finance deals before making a decision. For more details, get in touch with our friendly team today.

Rates from 9.9% APR. Representative APR 12.4%

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Representative Example

Borrowing £7,500 at a representative APR of 12.4%, annual interest rate (fixed) 12.36%, 47 monthly payments of £196.44 followed by 1 payment of £206.44 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,939.12, total amount payable is £9,439.12.

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