A Used BMW is Better than a New Competitor

Purchasing a vehicle is one of the largest investments short of a home that most will make in a lifetime, and financial gurus of late have never recommended more strongly investing in a used vehicle than they are in these times of recession. A new vehicle depreciates in value as it drives off the new car lot. So how do you invest in a used vehicle while still getting the reliability of owning new? A used BMW is a great investment and because of the company's constant goal to be ahead of the competition in luxury and technology, this used vehicle will rival any new car on a lot.

First, do not just invest in any model. Be sure to research what the different classes have to offer and how they compare with your specific needs. By process of elimination, identify a few models that will suit your family, and set out to find a specific model. A six to fifteen year old BMW is a good range to scout for something that will suit your budget and still hold a resale value, but if you are looking to invest in a vehicle and drive it for more than a few years, look closer to four to six years in back models.

A certified BMW dealer is a great option for those looking for a used car investment. He is a specialist specifically for this make of vehicle. The specialized dealer will offer a warranty that will rival any that you could get with a less luxuries car of the current model year. Consider using most of your budget for the initial investment while using a small remainder of your budget to invest in your purchase. A tune up, paint job, technology or entertainment system upgrade may be the only thing needed to put your used investment above and beyond its new lot counterpart.
When comparison shopping, you will likely run into skeptics that negatively suggest that repair work on BMW is high, and therefore investment is negated, and while German cars on average do run a higher car service bill, the infrequent need for service outweighs the costs. Your warranty if purchased from a dealer will likely cover services in the first forty eight months or fifty thousand miles, quite comparable to a new car.

BMWs hold value and appeal. You will be envy of all peer car buyers as their investments decline in value and in consumer demand while you continue to drive your highly sought after vehicle.