Deciding between a new or certified pre-owned BMW can be a tough choice, each offering unique advantages. This buying guide will help you compare the benefits and considerations of both options, from the latest features and warranties of new models to the cost savings and reliability of certified pre-owned vehicles.
By understanding the differences, you can make an informed decision that best fits your preferences, budget, and driving needs, ensuring you choose the perfect BMW for your lifestyle. Keep on reading and learn how to make the best choice from a BMW inventory.
Why Choose a New BMW?
A new BMW is fresh from the factory, with the latest technology and design. Here are some reasons to consider a new car:
Latest Features
New models like the BMW I7 come with the latest technology, safety features, and designs. You can enjoy cutting-edge innovations that might not be available in older models.
Customization
When you buy new, you can customize your BMW exactly how you want it. Choose your preferred color, interior materials, and add-on features.
Warranty
A new BMW comes with a full warranty, covering parts and labor for a certain period or mileage. This provides peace of mind against unexpected repair costs.
Financing Offers
Dealerships often provide attractive financing options for new cars, including lower interest rates and special promotions.
Why Choose a Certified Pre-Owned BMW?
Certified pre-owned BMWs are used vehicles that have passed rigorous inspections and come with warranties. Here are some examples of pre-owned benefits:
Lower Price
CPO BMWs are more affordable than new ones. You get a high-quality vehicle at a fraction of the price.
Certified Quality
Each CPO BMW undergoes a thorough inspection by BMW technicians. This ensures the car meets high standards of quality and performance.
Extended Warranty
CPO BMWs come with an extended warranty, often adding 1 to 2 years to the original coverage. This gives you extra protection and peace of mind.
Depreciation
New cars depreciate quickly. With a CPO BMW, the initial depreciation has already occurred, so you lose less value over time.
How to Decide
Consider these factors when deciding between a new or CPO BMW:
Budget
Determine how much you can afford. New BMWs have a higher upfront cost, while CPOs offer savings.
Features
Think about the features you want. New models have the latest technology, but CPOs might have everything you need at a lower price.
Warranty Needs
Decide how important a warranty is to you. New cars have full warranties, but CPOs also offer strong coverage.
Depreciation Concerns
If you’re worried about losing value, a CPO BMW might be a better choice since it’s already absorbed the steepest depreciation.
Exploring a BMW Inventory
Choosing between a new and a certified pre-owned BMW depends on your personal needs and budget. New BMWs offer the latest features and full warranties, while CPO BMWs provide quality and value at a lower cost. Consider what matters most to you, and you’ll make a decision that suits your lifestyle and financial goals.
Test drive both options to get a feel for each before making your BMW choice. Happy driving!
For more related topics aside from choosing from a BMW inventory, check out the rest of our blog!
