[PRODIGAL KING]

How many miles do those who finance drive there cars before getting a new one? What is the percentage of drivers here who keep there cars not caring about mileage? My 2014 435i msport has 50k miles already, nice car but I haven't driven it since cause I'm considering trading up I'm curious on the opinions.

[Vegetable]

Originally Posted by PRODIGAL KING

How many miles do those who finance drive there cars before getting a new one? What is the percentage of drivers here who keep there cars not caring about mileage? My 2014 435i msport has 50k miles already, nice car but I haven't driven it since cause I'm considering trading up I'm curious on the opinions.

My '14 435i also has 50K miles. I typically keep my cars until they become a pain in the ass to maintain. I'll probably keep my 435i (if it keeps being as reliable as it has been) past my finance term (which will put it at 150K miles or so). I would never trade it in during the middle of a finance term unless the dealer paid off my negative equity.

[Emilim]

Personally, if I buy a car, I buy it for keeps. I take good care of it and make it my own. Whatever it may be worth when the time comes to let it go is a whole other matter. If you're thinking of trading it in, dealers will focus more on broken or worn out parts (stuff that will cost them money to fix to make it sellable) rather than on mileage outright. So unless you already have a replacement car in mind and is in the process of prepping it for sale, I'd say just enjoy the car... responsibly.

Edit: I see you're still paying off the car. Unless there's a burning reason to do so, I'd hold off on selling a car you're still paying for unless you got a massively good deal.

[PRODIGAL KING]

To this day strangers ask me if I just bought the car, it's in pristine condition, for me it's more about being current. But it is a fun car to mod ?

[adhrp]

Sold my previous car, a Honda, at 45k (reluctantly) because we needed to get a SUV. Now the SUV is at 36k and Bimmer at 43k and we don't plan on selling either of them anytime soon. I want to have this Bimmer as a keeper, which it has been so far. I might sell it in another 6 years or so (should be at 100-120k miles by then), unless it becomes a pain in the butt earlier than that.

[kaotickelly]

As a buyer, I look for < 60,000 km for a 3-4 year old car. I wouldn't by anything older than 5 years unless it's in really good condition and something I really want... e.g. E92 M3

[BM57]

My 2012 is paid off and has approximately 27,000 miles. My warranty is almost up and I'm on the fence (to keep or not to keep). I prefer to drive new or low mileage cars and keep them under 60,000 miles. Based on my current driving I'm averaging 7500 miles per year. So here's what I'm thinking...

I keep my F30 for another 2 years or so (until the new G20 is released) or trade up now, but it will have to be a special car because I think it will cost much more $$$ to upgrade over hanging on a little longer.

If I keep my car for 3 years and put approximately 20,000 miles during that time, how much might my F30 depreciate and cost in maintenance as opposed to spending another $30,000 or so now (depending on what model and options) on another F30? How much will the new car be worth after 3 years? Will it cost more or less than keeping my car for the same period of time?

[paul e]

Originally Posted by BM57

My 2012 is paid off and has approximately 27,000 miles. My warranty is almost up and I'm on the fence (to keep or not to keep). I prefer to drive new or low mileage cars and keep them under 60,000 miles. Based on my current driving I'm averaging 7500 miles per year. So here's what I'm thinking...

I keep my F30 for another 2 years or so (until the new G20 is released) or trade up now, but it will have to be a special car because I think it will cost much more $$$ to upgrade over hanging on a little longer.

If I keep my car for 3 years and put approximately 20,000 miles during that time, how much might my F30 depreciate and cost in maintenance as opposed to spending another $30,000 or so now (depending on what model and options) on another F30? How much will the new car be worth after 3 years? Will it cost more or less than keeping my car for the same period of time?

Why not hedge the bet and get a two year extended warranty?

[BM57]

Originally Posted by paul e

Why not hedge the bet and get a two year extended warranty?

I have been thinking about the extended warranty. BMW quoted me $5000 for 3 years and I'm not sure if it's the best investment in my case.

[eluded]

120K, the car starts to run into more issues about then....

[Vegetable]

Originally Posted by BM57

I'm not sure if it's the best investment in my case.

I'm sure.. that would be ridiculous for you to pay that much since you drive so little.

[PRODIGAL KING]

I did 50k miles in less that 2 years! I hear these bmws are terrible after 100k miles at this rate I will be at that point rapidly. I do over 1k miles a month easily. Work alone back and forth is over 60 miles a day that excludes gym and anything else I might have to do. Haha guess it's time for motorcycle on the side

[ErkanTR16]

My Fiance still drives her 2006 BMW 325i w/186K miles and no major issues. Just normal parts have been replaced, basic maintenance etc. I think it just depends on how well people take care of their cars and appreciate it. I tried convincing my Fiance to Sell/Trade but she wouldn't give her up lol.

I'm currently Financing my 340i and planning on keeping it for a really long time. Would like to keep it as a collection or maybe pass it on to my younger Brother when he starts driving.

Happy Miles Everyone!!

[BM57]

Originally Posted by Vegetable

I'm sure.. that would be ridiculous for you to pay that much since you drive so little.

I agree with you. My intention was to keep the car and I figured that purchasing an extended warranty would give me some peace of mind, but when I got the quotes, I realized it didn't make sense. That's when I started looking at a newer CPO thinking that might be an option to consider because of the CPO warranty.

Here's an example as advertised by selling dealer (I'm not buying, just an example of how long a CPO warranty can be):

http://crm.bmw.ca/en-ca/PreOwned/Sea...etail/J899152#


2013 BMW 335i xDrive

BMW New Vehicle Limited Warranty
4 years/80,000 kilometres (whichever occurs first)

Expiration Date: January 23, 2018
Expiration kms: 80,000 kms

Certified Series® Protection Plan
Up to 2 years or 80,000 kilometres (whichever occurs first)

Expiration Date: January 23, 2020
Expiration kms: 160,000 kms

Price: $43,000

2013 BMW 335i xDrive
15,325 km (approximately 9500 miles)
White/Black
Premium Package
- Rear View Camera
- Alarm System
- Universal Remote Control
- Comfort Access
- Auto Dimming Exterior Mirrors
- Lumbar Support- CIC contribution
- BMW On-Board Navigation
- Harman/Kardon Sound System
M Sport Line
- Package Contents
- M Sport Package

- 18" M Wheel, A/S RFT tire
- Trim highlight Estoril Blue Ma
- Aluminum Hexagon Trim
- Heated Rear Seats
- Surround View
- Park Distance Control, front and rear
- SIRIUS Satellite Radio Tuner

[Vitoco]

I´ve had my F31 since it premiered, financed with intention to keep it at least 7 years and drive it as much as I can till the next gen comes (or longer if it has been trouble free and I still believe in it). 3.5 years and only 40k american miles later, still as happy and satisfied about it. I say only cause I´ve been at home with the kids a few months every year for the last 3 years so I haven´t put all those commuter miles on it that I could have (would normally be up at 70k miles in this time). No real issues, had most minor things fixed under warranty, a rattle here a rattle there, solid as a safe today.

[RAK92]

I've kept my cars on average for about 10-12 years. I love having a new vehicle, but it's nice to not have a car payment. I take very good care of the cars I have had and most have extremely low miles (courtesy of the Navy which keeps me deployed and away from driving from time to time - lol). Case in point, I am in the process of selling my 2005 Honda Accord Hybrid which only has about 90,000 miles because I was away so much.

I do understand why some folks want a new car every 2-3 years, but I just would rather not deal with a continuous car payment and keep that extra money for craft beer purchases!

[adhrp]

Originally Posted by PRODIGAL KING

I hear these bmws are terrible after 100k miles at this rate I will be at that point rapidly.

I wouldn't necessarily say that as a blanket statement. As other have said, good (and timely) maintenance will go a long way in extending your car's life. For the F30, I don't think there is any data on long-term reliability yet. However, if you Google things like "E90 over 200K" or "328i with 200k miles", etc, there are multiple threads where people have over 200K miles on their E90s. I think these cars are pretty solidly built and the rate-limiting factor in their longevity is usually the owner/driver/driving conditions.

[yoandry]

Originally Posted by adhrp

I wouldn't necessarily say that as a blanket statement. As other have said, good (and timely) maintenance will go a long way in extending your car's life. For the F30, I don't think there is any data on long-term reliability yet. However, if you Google things like "E90 over 200K" or "328i with 200k miles", etc, there are multiple threads where people have over 200K miles on their E90s. I think these cars are pretty solidly built and the rate-limiting factor in their longevity is usually the owner/driver/driving conditions.

The thing is that those e90s over 150k miles are NON-turbo engine, so less problems.

[paul e]

Originally Posted by BM57

I have been thinking about the extended warranty. BMW quoted me $5000 for 3 years and I'm not sure if it's the best investment in my case.

Wow, $5000 for 3 years? That's $138/month. I wonder if there's any profit for them in that…

Looks like the CPO is a better deal, as you note.

[adhrp]

Originally Posted by yoandry

The thing is that those e90s over 150k miles are NON-turbo engine, so less problems.

Yes, the turbo will contribute greatly in determining the long-term reliability of these engines. TBH, that is the only thing that sits at the back of my mind and worries me once in a while, although I have seen people say multiple times on other threads that the turbo can be expected to be reliable since turbo technology is a few decades old now.

[yoandry]

Originally Posted by adhrp

Yes, the turbo will contribute greatly in determining the long-term reliability of these engines. TBH, that is the only thing that sits at the back of my mind and worries me once in a while, although I have seen people say multiple times on other threads that the turbo can be expected to be reliable since turbo technology is a few decades old now.

Hopefully they are, as I'm keeping my 335i for long term also.

[CalCarNut]

I'd look into other companies offering extended warranties besides BMWNA. There are many reputable companies that will offer good coverage at a much less price. That's what I'll do when the time comes.