subject: Bmw 1 Series: Buying Pre-owned [print this page] Is it possible to save money on the purchase of a BMW 1 Series? Instead of buying a brand new version of the vehicle, there is a lot to be said for looking at and purchasing some of the older models that have been pre-owned. There is a difference in both cost and depreciation when going with a used vehicle and there are still plenty to choose from at a local dealership, a car sales lot and from private owners.
Depreciation
Everyone knows that the moment the BMW 1 Series drives away from the dealership, it begins to decline in value. Unfortunately, this is true with most cars and those that buy new run the risk of owning a vehicle that is worth less than they owe. While some brands hold their value better than others, there is no way to avoid depreciation.
A pre-owned vehicle has already been through the steep decline of depreciation. The second owner is going to pay a much lower price when compared to a new vehicle and he or she will still be getting the luxury that comes standard with this brand. Does depreciation still occur? Yes, but the decline is not as severe.
Cost
Looking at the sticker on the window of a BMW 1 Series can be a little overwhelming for a first time car buyer. While there are all types of extras that can be included, just the standard vehicle can be pricy. A majority of customers need to finance their purchases and even after the down payment is taken into consideration or the worth of a trade in vehicle, the monthly payment can be high.
Another person may have owned the used BMW 1 Series but the second owner's monthly cost is much less. A lower down payment can be made and from there, the monthly payments are more manageable for some. Again, the customer still has a reliable vehicle from a brand he trusts and if he goes with a dealership, he knows that the vehicle is in good condition and in most cases, problem free.
More Options
Because a person pays less for the BMW 1 Series, it is possible to get more of a vehicle for less of a price. For example, a customer wants a convertible with a special interior and several of the upgraded features. In this case, the new unit may be too much but the exact car, just a few years older is a possibility.
When including pre-owned vehicles in the shopping experience, there are more cars to choose from with more options and all at less than the cost of a new car. Check with the local dealership to learn more about the inspections that take place before the vehicle is released for sale.
by: Andrea Avery
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