I currently own a 2014 BMW 328i with 80,000 miles on it that’s worth a little over $10k to CarMax. The tires need to be replaced and and I have this annoying little issues “passenger system restraint malfunction” it could be a fuse or could be something more serious, not sure yet. Either way, I’m debating if I should sell the car and get something new that is under warrant and use the $10k to go towards my first year or so of payments on the new vehicle.
should I replace the tires and just drive the BMW until it croaks?
I worry that BMW’s have a reputation for being monkey sinks, even though this one so far has been not a huge issue. However, I worry about larger problems as the miles get higher.
The crappy thing is auto interest rates have skyrocketed in the last 6 months 🙁
What’s the play here?
Do not think that routine tire replacement is indicative of anything other than the need to perform routine maintenace.
Get the issue diagnosed with your passenger system restraint (which is either an airbag or seat belt or seat weight sensor) and keep driving it.
I had a 318i I sold at 300,000 miles. The NA cars will keep just fine. My current cars are a 99 4Runner and a 2015 7 diesel. The diesel is at 90,000 and hasn’t used anything but tires in that time.
I would stay the hell away from a BMW nearing 10 years old unless you like bonfires made of money…
If it makes you feel better, if you got a $20k car that is maybe 3-5 years old but low miles – your payment would be well under $200/month since you would have at least a $10k down payment. Then do the math, would you rather drive something a little nicer with no maintenance but there is a “fee” every month? Or pay upfront repair costs for the BMW. Also if you finance the car, you could probably pay it off pretty quick and be back in the same no-payment scenario.
Could even go cheaper if you wanted 🙂 but I feel like $20k would get you something very reliable and still under extended warranty
Do you know a mechanic that charges reasonable rates and works on BMWs? If yes – probably worth keeping it. If not – harder to say, you are risking having to put lots of money into it. But it’s a nice car…
Also, you don’t have to replace tires with something high end. Kumho, Sumitomo, Toyo – all fine brands that make fine tires. I am not sure what spec you have, but you can buy 225/45R18 for $500. Even less with black friday deals if you can wait a month.
I have a 2005 325i and it doesn’t sink any more monkeys than my partner’s 2011 Subaru Forester.
It should be fairly simple and cheap for you to replace a fuse yourself. I don’t recommend buying a new car just because you need new tires.
If you have 80K on your current tires, please go replace them today (unlikely as the original tires should have already been replaced once).
I like to buy tires at Costco. If you don’t have a membership you can have someone who does buy them for you. They have rotating manufacturer discounts making them cheaper than the major online discount vendors.
New car means monthly payment, more insurance. If you got $10,000, I’d use that as the down payment, that would lose your payments. Otherwise drive til it won’t drive any more
A bmw is an insanely fun car to drive !
You need to consider how many miles you put on it in year.
20k+ miles – sell. Maybe buy a car that you can put a lot of miles on easily. Recent year Genesis, Acura, Lexus, Volvo’s might fit your taste.
15-20k miles – it’s going to cost you, but do you like the drive quality enough to contend with this? Kind of a toss up.
10-15k miles -its close but probably worth it to wait out the supply shortage.
Less than 10k – keep it. Wait out the auto supply crisis. Just don’t drive it hard. And get new tires.
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