The kilometers are starting to add up on your BMW. For some people, 40,000 km is ‘a lot.’ For others, it could be 100,000 km, 200,000 km, or some other number in between. Whatever the case may be, if you’re concerned about the condition of your vehicle and are thinking of trading in and possibly even trading up, is it worth the money?
Your current BMW may very well be in good condition.
Maybe you’ve taken good care of it. You’ve changed the oil as recommended, brought it into an authorized BMW service center for the regular Inspection services, and have basically kept it in the garage most of the year when you weren’t driving.
These are all good things to do, but does that mean problems are not pending around the corner? Even a well-maintained vehicle could begin developing problems the more kilometers begin running up on the odometer.
So what is the value in trading it in?
Some people will trade in their vehicle after two or three years because they don’t want to deal with the ‘hassles’ of mechanical issues, having to constantly bring it to an authorized BMW service center, waiting for it to be repaired, having to deal with a loaner car, and other such issues.
First, the service center a person chooses can have a significant impact on all of these perceptions. Second, just because of vehicle might have a few years under its belt, so to speak, doesn’t mean it’s ready for the scrapyard. Sure, more issues are going to arise the more kilometers you put on your BMW, but unless you have several hundred thousand kilometers, most of those issues will be relatively minor and nothing more than regular maintenance.
It’s most likely a more cost-effective option to simply have your vehicle inspected.
Have it thoroughly checked out by an experienced technician. Your vehicle will be losing value every year you own it, but purchasing a new one is going to lose a lot more value over time.
Economically speaking, it is actually more cost-efficient to keep your current vehicle in good shape and running for another few years.