Is owning a BMW expensive?
Along with these varying reliability ratings, BMW does come in as the most expensive brand to maintain. In fact, BMW owners can expect to pay an average of $17,800 over ten years of ownership. This places BMW at over $4,900 more than the next most expensive brand, Mercedes-Benz. High Maintenance Costs These German engineering marvels come with a side of wallet-draining maintenance costs that’ll make you question your life choices. Owning a BMW is like having a demanding, high-maintenance cat. Expect to shower it with attention to keep it purring.For instance, the average cost of BMW maintenance is estimated to be around $1,200 to $2,500 annually, depending on the model and service required. In 2024, these costs slightly increased due to inflation and supply chain issues affecting parts availability.The high maintenance costs, lightning-quick tech advancements, and even market saturation in the luxury segment play a part in this decline. While some may not find it too troublesome, the average BMW loses over 50% of its value within the first five years!
Why is a BMW oil change so expensive?
BMW oil changes are more expensive due to high-quality parts and precision engineering, but BMW of Greensboro offers Value Service packages and oil change coupons to help you save. How many miles do BMW models last? A BMW can last 150-200,000 miles with proper care and if you drive the national average of 13,500 miles per year, you can expect to drive your BMW for 10-15 years according to MotorAsk.When you purchase a new BMW vehicle, you can take advantage of free oil changes for 4 years/50,000 miles (whichever comes first). Keeping up with routine maintenance has never been easier or more affordable.
Which is cheaper maintenance BMW or Mercedes?
On average, bmw maintenance costs range from $1,200 to $2,500 annually, while mercedes-benz maintenance costs typically fall between $1,000 and $2,000. That being said, some recent studies show that bmw models can last up to 200,000 to 250,000 miles, with an average lifespan of at least 15 years. On the other hand, mercedes-benz vehicles tend to last up to 150,000 to 200,000 miles with an average lifespan of over 10 years.