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How much does a used BMW cost?

Ever since I saw one in a Bond movie, I’ve always wanted a BMW. The only problem is that I’m strapped for cash. I can’t buy a new one, but I’m pretty sure I can afford a used BMW if I look in the right place—how much should I expect to pay for a used BMW?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re in good company—the James Bond films have been a deciding factor in car purchases for generations! But answering a question like how much a used BMW costs isn’t easy. A used BMW will cost you anywhere from a few thousand to a hundred thousand dollars.
The price of buying a used BMW varies depending on a ton of factors, including:
  • Mechanical condition
  • Cosmetic condition
  • If the car has been in an accident
  • Engine type
  • Trim level
  • Optional equipment and features
  • Mileage
  • Model year
  • Whether it’s a
    classic car
  • Whether James Bond himself drove the car
To narrow your search, here are a few of the average prices of used BMWs:
If you decide to purchase a used BMW, remember that you also need to budget for car insurance on top of your
car loan
. You can always compare and shop for the best rates with the
Jerry
app.
Jerry offers you the best rates from over 55 insurance providers. Once you pick the right plan for you, Jerry will take care of all the busy work, from paperwork to phone calls, leaving you free to enjoy your new ride and your savings—the average Jerry user saves $800+ a year!
MORE: 7 things to look for when buying a used car
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