Is it Time to Buy a Used BMW 3 Series?

In 2019 we will finally see a redesigned BMW 3 series. It has been seven years since the last redesign and millions of 3 series have been sold on new and used car lots. As with all vehicles, a new model means tens of thousands of new buyers. The new 3 series is sleeker and, as to be expected, is the most innovative and advanced model ever. Admittedly, it is a great looking vehicle.

Unfortunately, with the new model comes higher prices and higher demand. It will be unlikely that buyers will be able to talk dealerships down a significant amount. Instead, dealerships will sit on their inventory as they know buyers are willing to special order this new car if there isn’t a color or trim they desire on their lot.

As with anything else in life, the higher the demand, the higher the price. The base price of the 2019 BMW 3 Series is going to be around $40,000 to $45,000 depending on the model. The 320 will be the cheapest and the 340i the most expensive. Do not be fooled into thinking that these cars are going to “go quick” and will be off the lot when you walk away.

Car salesmen and saleswomen are trained to be in the moment. They want you to believe that when you walk off the BMW lot, that another person will walk in and buy the 3 series you just took for a test drive. This is simply not the case as there will always be another 3 series available.

While many dealerships are having end of year blowout sales it should come as no surprise that used BMW 3 series are seeing a huge drop in price. With the new body coming out in the next few months, the old body style will not be attractive.

Now might be the time for you to purchase a used BMW 3 series. Look at the 2016 and 2017 models with less than 30,000 miles. You are going to get plenty of warranty on this car and you are going to get one of the best luxury vehicles on the road. While your friends may be spending $650 a month on a new 3 series, you can fork over $15,000 and get a used 3 series that is almost as good for a third of the cost.

Leave a Reply

Your email address will not be published. Required fields are marked *