BMW Buyers Guide for 2024

If you are in the market for a BMW, then this guide is for you. It can be stressful to purchase a new car, especially if you are going to a new dealership for the first time. Each dealer offers different financing and leasing options that are vital to understand before going to purchase your car. When it comes to the vehicles themselves, not only are there numerous model options to choose from, there are also various features and updates that we need take into consideration as well. Is the car we are interested in safe enough? Does it have the features that we need depending on our lifestyle? With this BMW buying guide presented by BMW of Greensboro, you can have all of the information you need to ensure your shopping experience goes smoothly.

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Shopping For New vs. Used BMWs

There can be a lot of uncertainty when upgrading your car, but one thing that driver’s can count on is that each BMW offers all of the resources you need to take on the road. If you decide to purchase a new BMW, you get access to all of the latest features and technology, as well as warranty coverage and customization. Each time you get behind the wheel, drive confidently knowing your car is up-to-date and ready to provide you a safe drive. When upgrading to a used BMW, not only is the cost cheaper, but customers at BMW of Greensboro also have access to the car's previous history with CarFax ®, informing shoppers of any potential accidents that the car may have been involved in.  And when it comes to used vehicles, if the price is still too high, it is much easier to negotiate a used car vs a new one. Here are some things to consider when comparing new vs used BMW models:
 

New Vs. Used BMW Comparison
New BMW Benefits Used BMW
  • Latest Features and Technology: New BMWs come with the very latest advancements in technology, safety features, and performance enhancements.

 
  • Warranty Coverage: Typically, new cars come with a manufacturer warranty, providing coverage for repairs and maintenance for a certain period.

 
  • Customization: You can choose the specific model, color, and features to meet your preferences.

 
  • Peace of Mind: There's a certain peace of mind that comes with knowing the car's experiences from day one.

  • Lower Depreciation: Used cars have already gone through the steepest part of their depreciation curve, meaning you won't experience as much value loss.

 
  • Lower Cost: Used cars are typically more budget-friendly than new ones, allowing you to potentially afford a higher trim level or a model with more features.

 
  • Vehicle History Reports: You can obtain a vehicle history report to get insights into the car's past, including accidents, title issues, and maintenance records.

 
  • Negotiation Room: There's usually more flexibility in negotiating the price with a used car.

Identifying Your BMW Needs When Comparing BMW Models

Choosing the right BMW model can seem overwhelming at first with so many options available. There are various features that can enhance your ride and provide an experience you will never forget. Before you head to the dealership to purchase your car, narrowing down your needs can be a great help as it allows you to identify what you are actually looking for. For instance, it is important to keep in mind your lifestyle, whether you plan to go on long road trips, have long commutes, have children, need a spacious cabin space, and much more. Asking these questions ahead of time will help ensure you are shopping for a vehicle that meets both your wants and needs. Read through this helpful checklist when considering different BMW models and trim offerings.

2024 BMW Buyers Guide Graphic
 

Financing and Leasing Options for BMWs 

Here at BMW of Greensboro, we want driver’s to be able to go with the financing options that work best for them. Whether you decide to finance or lease your next BMW, there are incredible benefits driver’s will receive. When you choose to finance, you receive flexible options and no mileage restrictions. Shoppers can also finance through a Waived Disposition Fee or Select Balloon Financing that offers all of the benefits of owning a car through lower monthly payments. BMW Financial services is here to help make BMW dreams come true.

If you decide to lease a new car, you get to experience your car's freshly up-to-date model, while also foregoing the stress about the fluctuations in your car's trade-in value or having to worry about selling your car. After your lease is up in a few years, you can simply bring it back to the dealership and upgrade to a newer model. Don’t forget to check lease and finance offers for exceptional value.

BMW Maintenance and Service for New & Used Vehicles

Providing regular service to our cars may not seem like the most pressing issues in our daily routine, however, they are vital to ensure you have a smooth drive. Missing necessary maintenance can cause problems to your car, or worsen an underlying issue that hasn’t been addressed yet. Some of the most pressing updates needed are oil changes and tire rotations, which require changes and rotations every 5,000 to 7,000 miles. 

Fortunately, BMW dealerships like BMW of Greensboro’s BMW Service Center maintain your new or pre-owned BMW  with convenience and dependability. Our technicians are highly skilled and use only genuine BMW parts on your vehicle. Alongside them are our friendly staff members making regular maintenance and other repairs a stress-free experience that will leave you confident in your vehicle. Those who shop at BMW of Greensboro can take advantage of the BMW Service Valet for the maximum in convenience. Keep an eye out for service & parts specials to save more on common maintenance. This will help make sure you keep up with car maintenance and service, and ensure your vehicle runs smoothly long into the future, all at a great value. No matter where you service your vehicle, don’t forget to keep records of your maintenance in case you want to trade-in for a newer BMW in the future.

Deciding What BMW to Buy

BMW isn’t just a brand, it’s a statement. When purchasing your BMW, keep in mind the difference between new and used models, and the different features they offer. Remember that new BMWs come with all of the very latest technological and safety features, while used BMWs come with a lower cost, just make sure your dealership provides the CarFax ® like BMW of Greensboro. Be sure to evaluate what you need from your next ride by seeing what features are needed and what you can do without. Don’t forget to ask yourself what the primary use of your car will be, the amount of interior space needed, and if you have a preference for rear-wheel drive, all-wheel drive, etc. And remember that BMW offers incredible specials and deals throughout the year to ensure customers can receive the maintenance or upgrade needed for their cars. 

BMW of Greensboro is open daily except for Sunday, so if you are local stop by at your convenience. Following your first purchase, you can come back to this guide anytime for any questions you may run into in the future, and search our blog for ways to ensure your ongoing experience is continuously improving. Visit us today!

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