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?

Eric Schad · Updated on Mar 20, 2023

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:

: $50,447

: $67,908

: $47,927

: $64,942

: $44,150

: $36,736

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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