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Used BMW Prices Decreasing

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Used BMW at Otto’s BMW near Glen Mills

As we talked last time about the growing number of Used BMW models on the market thanks to an increase in leases, we got to thinking about what would happen with an increase of Used BMW on the dealer lots. It turns out this increase in the cars on the market makes it a great time for you to buy a Used BMW from Otto’s BMW near Glen Mills.

When there is an increase in supply it usually means that there will be a decrease in the price of vehicles. It’s a basic law of supply and demand. “If you’re shopping for a late-model BMW, it’s not a bad time to buy. Seven of the top 10 used cars with the biggest decreases in value last month were cars from the German luxury brand. It’s the biggest showing we’ve seen in the monthly top 10 for an individual brand. Prices fell from as much as 4.7 percent ($1,717) for the 528i midsize sedan to 2.7 percent ($1,212) for the more powerful 550i sedan.” – Cars.com

While the drop in prices might not be exactly what you see here as opposed to at the dealership, it is still a nice drop in cost. Keep in mind that these numbers were for February and that warmer months usually mean a light increase in Used Car costs, it will b interesting to see if the lower prices that were offered in February cleared enough inventory off the dealership lots to merit the increase or if there are still too many models left and we will see another decrease in prices.

Head to Otto’s BMW today to see if you can take advantage of a great price on a Used BMW!

A Used Lease on a BMW Car’s Life?

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Used BMW at Otto’s BMW near West Chester

There are always questions about what happens to the new BMW cars that get leased and are then returned at the end of the lease. It is understandable because there were a lot of people who did not know about leasing or just did not want to. However, there is a growing number of people in the United States that are beginning to lease vehicles. This could be because of the growing number of deals on leases, or that they do not usually cost as much to lease per month as opposed to buying. Whatever the reason, we are seeing a growing number of leased vehicles that are being returned in exchanges for upgrades at the end of the lease and auto makers and dealers are trying to figure out what to do with all of those, now used, BMW cars.

One thing that we are beginning to see is that dealerships are now offers leases on used vehicles. Now, not every dealership is doing this, please check with the team at Otto’s BMW near West Chester to see if they are taking part. This is definitely an interesting concept though and a smart move on the manufacturers’ side. This would allow people to get a great Used BMW lease for less than that of a new BMW and possibly be even less cost than buying a Used BMW. It will be very interesting to see what happens when these Used car leases start to become more available and popular. Are we moving towards a system where very few people own their cars but instead choose to lease? Only time will tell.

For more information on the different lease options and specials available at Otto’s BMW, please stop by the dealership today!

Look What’s New with BMW!

Lelystad, Flevoland, The Netherlands - October 14, 2015: Black BMW 316i sedan parked on a parking lot in the city of Lelystad. The 3 series is the most popular sedan line from BMW.

BMW 3 Series at Otto’s BMW near Glen Mills

With all of the newness that spring has to offer, sometime it is fun to look at the different BMW models at Otto’s BMW near Glen Mills and see what is new and getting ready to come out. Today we want to take a look at the 3 Series and what it has to offer in its newest incarnation.

Part of this information was pulled from the Car and Driver website. “3-series/M3: What looks on the surface to be a moderate mid-cycle update—new LED head- and taillights and new fascias—in fact hides some important mechanical upgrades. The 3-series’ steering, front struts, and rear dampers are retuned for better handling, answering some long-standing complaints with the F30 generation. Six-cylinder models switch to an all-new straight-six, the B58, from BMW’s new modular-engine family. The B58 outguns the old N55 by 20 horsepower and 30 pound-feet, with 320 and 330, respectively. In recognition, the model name gets nudged up 5, to 340i. Manual transmissions add automatic rev matching. A new plug-in-hybrid 330e will be a late add and pair a 2.0-liter four with 22 miles of electric range. The wagon carries on in its four-cylinder-only form, and while the M3 gets the new lights, it is otherwise unchanged.”

There are some great new changes on the 3 Series that we are sure will add to the appeal and allure that the automobile has to offer. We are sure that the 3 Series is going to be a model that everyone will be talking about.

For more information on the new 2016 3 Series, head to the Otto’s BMW dealership today. The staff at Otto’s BMW will be more than happy to answer any questions that you might have and will show you all of the great attributes the 3 Series has to offer!

Something Special is Happening at Otto’s BMW!

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Monthly Message at Otto’s BMW near Exton

We hope that you are having a great start to spring. The weather is improving, for the most part, and we are able to hit the road and check out the loveliness that Pennsylvania has to offer. One thing that you should put on your list of things to see is the new Otto’s BMW Dealership. For the past few months, Otto’s BMW near Exton has been remodeling their dealership and making it into something that has not been seen before.

Though it has been a little rough working around the construction, we are proud to say that the dealership looks fantastic and it is easier than ever to get a great BMW in a friendly and welcoming environment. They have also made a delightful waiting are for when you are waiting for your BMW to be serviced or cleaned. The lovely folks at Otto’s BMW knows that working around the construction has not been easy, so they are offering their customers some great specials on new cars over the next month or so. You will definitely want to take advantage of these great promotions. Something else you will want to take advantage of is the Car Care Clinic and Bike Giveaway:

APRIL CAR-CARE CLINIC AND E-BIKE GIVEAWAY – All this month, we are running a special Service Clinic, featuring a complimentary multi-point inspection* by our BMW factory-trained technicians. Our goal? To ensure your vehicle is operating at peak performance and in safe driving condition at all times. Click here to make your appointment and click here to print the entry form to win a BMW Electric Bike (no purchase necessary).

Head to the dealership and check out all of the lovely changes that Otto’s BMW has done and to check out the amazing specials that they have going on right now!

Something To Consider When Looking for a BMW

FRANKFURT GERMANY - SEP 13: BMW symbol on a BMW M6 Cabrio at the IAA motor show on Sep 13 2013 in Frankfurt Germany

Otto’s BMW Dealer near West Chester

Over the last few days, we have been giving you tips on things to look for when you are shopping for a Used BMW and new BMW Cars from Otto’s BMW Dealer near West Chester. Today we want to consider a few more things when looking for your next BMW. This tips come, in part, from Ebay.

Tip 5: Examine the Tires

Look at the tires of the used BMW to make sure they are in good condition, with plenty of wear left. Tires should have a good tread and should not be bald or approaching baldness. “To check for tread, take a shiny penny and put it into the center of the tread. If the top of the head or the copper above the head are clearly visible, the tread has excessive wear. For a more accurate alternative, use a tread depth gauge.” In most US states, the minimum tire tread depth must be 2/32 of an inch.

“Some BMWs, such as the Series 3 BMW, have run-flat tires as standard. Run flat tires resist deflating in the event of a puncture, allowing drivers to continue safely to the destination. These tires are significantly more expensive than standard tires. Therefore, when the tires need replacing, many owners choose to replace the run-flats with standard tires.” So, when buying a used BMW, be sure to check if the vehicle has run-flat tires by looking on the tire wall for a circle with “RSC” inside.

Tires are a key component to your BMW, they are what keeps your vehicle on the road! You will want to make sure that you are getting the right tires for the BMW that you purchase. The friendly staff at Otto’s BMW would be more than happy to show you the different tires that BMW offers.

Helpful Hints for Buying a BMW

Bucharest Romania - August 4 2013: Color shot with the front side of a BMW M6 carl. The BMW M6 is a high-performance version of the BMW 6-Series developed by BMW's motorsport division BMW M.

BMW Cars at Otto’s BMW Dealer near Chadds Ford

The past few days we have been providing you with some tips for buying a Used BMW from Otto’s BMW Dealer near Chadds Ford and today we would like to bring you another one. Some of these tips can even be applied to looking at the new BMW models that Otto’s offers. These tips come, in part, from Ebay.

Tip 3: Look Under the Hood

Before committing to buy a used BMW, be sure to look under the hood. Perform a cursory examination, checking for rust, pitting, and corrosion. “The engine should be free of oil. The presence of copious amount of oil lying on or around the engine implies the presence of a leak or an impending mechanical failure. Check hoses and belts to ensure they are in good condition, with no cracking or splits. Check for dark oil-stains on the engine block.” The presence of significant staining indicates an issue with the head gasket, which is very costly to repair.

Tip 4: Look at the Paperwork and VIN

Before buying a used BMW, carefully go over all the available paperwork. Buyers should also check the VIN number. Make sure the VIN number on the documentation matches the VIN on the car itself. “Check that there are no registered liens against the car. Check for the presence of a full service history, as this implies that the previous owner carefully maintained the car.”

Part of what is go great about shopping for a Used BMW at Otto’s BMW is that their team of factory technicians does a lot of this work for you. You should, of course. look over things for yourself, but Otto’s BMW team of staff does everything in their power to make sure that you are getting the best BMW that they can provide you!

More Tips for Buying A Used BMW from Otto’s!

Aarhus, Denmark - December 13, 2015: BMW logo on a panel. BMW is a German luxury automobile, motorcycle and engine manufacturing company founded in 1916. BMW is headquartered in Munich, Bavaria, Germany

Certified Used BMW at Otto’s BMW near Downingtown

Last time we brought you a few tips for what to look for on the outside of the Used BMW models at Otto’s BMW near Downingtown. Today we want to continue with a few more tips that will help you find the best Used BMW for your money. These tips come, in part, from Ebay.

Tip 2: Check the Mileage

“When buying a used BMW, it is vitally important to check the mileage. Used BMWs with excessive mileage are more prone to breakdown, potentially leading to costly repair bills. Shoppers should do everything within their power to ensure the odometer reading is valid and not clocked. Clocking is the process of tampering with the odometer to make the car appear to have traveled fewer miles than it actually has, because cars with lower mileage cost more. Check service records and any other available paperwork and compare against the current reading on the odometer. With an analog odometer, if clocking has occurred, often the numbers are slightly out of alignment. The mileage on the odometer should match the age and general condition of the car. Used BMWs with low mileage should have limited signs of wear on the gearshift, steering wheel, and pedals.”

Luckily, when you are purchasing a Used BMW from Otto’s BMW you will not have to worry about a lot of the above problems. Otto’s is a factory certified dealership that would never change the odometer or even sell you a sub par BMW. They take the extra time to go through and do advanced system checks. You can even find certified BMW models that are in like new condition. All you need to do is have the staff point the different models out to you. It would be their pleasure to assist you in finding the perfect Used BMW for you!

Tips for Buying a Used BMW

Bucharest Romania - November 10 2015: Detail of the vent of a BMW i3 logo on a car. BMW i3 is a five-door urban electric car developed by the German manufacturer BMW.

Used BMW at Otto’s BMW in PA

When you are shopping for a Used BMW at Otto’s BMW in PA you might be a little unsure of what to look for to make sure that you get the best Used BMW for your money. Today we would like to share with you some tips to help you make sure that you get a great Used BMW. (This tips come, in part, from Ebay.)

Tip 1: Check the Body

Before committing to purchasing a Used BMW, check the bodywork for obvious signs of damage or inconsistencies. Examine the exterior of the car carefully to spot any signs of wear and tear that do not tally with the age of the car. The majority of Used BMWs have some signs of minor wear on the bodywork.

Paint and Finish – “The whole car should be the same shade of paint, with consistent coverage over the entire vehicle. Inconsistent paint coverage strongly suggests the BMW has suffered significant damage and has been repaired and repainted. In addition, there should be a clear-coat finish on the vehicle. Ensure that there are no cloudy or smoky areas in the clear coat.”

Panels – Check the edges of all the panels on the car, including wing and door panels. The small gaps between panels should be the same size. “BMWs with differing gap sizes between the panels have likely undergone significant repairs. Inconsistent gaps between the panels also imply use of third party panels or older BMW panels, instead of matching model replacement BMW panels.”

These are just a few things to check on the outside of the Used BMW that you are looking at to ensure that you are getting a quality vehicle. For more assistance selecting the BMW that is right for you, be sure to see the staff at Otto’s BMW!

Big Changes Coming to Otto’s BMW!

FRANKFURT GERMANY - SEP 13: BMW symbol on a BMW M6 Cabrio at the IAA motor show on Sep 13 2013 in Frankfurt Germany

Monthly Message at Otto’s BMW near Chadds Ford

You may or may not know that Otto’s BMW near Chadds Ford has been undergoing a major renovation over the past few months. Everything about the physical appearance of the dealership is changing – something that will never change is the level of customer service that we provide our customers. These changes lead us to share with you this month’s message from the fine people at Otto’s BMW.

“This is a poignant time at the dealership. A week or so ago, we watched the last vestiges of the original sandstone-colored façade pulled down as part of our expansion and major renovations. It was a moment that triggered both fond memories and a sense of great expectations. It was the latest step in our major reconstruction project, and as you might imagine, we can’t wait for everything to be completed!”

“We’re not the only ones, of course. We know how much the heavy equipment and ongoing construction have changed our looks and made the BMW-buying experience a bit different for our customers. But as often is the case, looks don’t tell the whole story, and behind the clutter are two new sales and service specials we think you’ll appreciate.”

  • NEW-CAR SHOWCASE – To stimulate traffic and reward our customers for their patience, we have begun a program in which each week we select, showcase, and specially price a small handful of new vehicles. You’ll find them highlighted in the slide presentation at the top of our home page, with direct links to full information. Nota bene: the terms for each of these BMWs will sunset after seven days, so we encourage you to check them out before they disappear!

This new BMW Car showcase is a great opportunity for you to get a great new BMW at a great price. Stop by and check out the new dealership today!

A Better Buying Experience at Otto’s BMW

LONDON, UNITED KINGDOM : OCTOBER 21, 2011 -Part of an illuminated BMW advertising sign above the entrance to a BMW car dealer showroom in Knightsbridge London.

New BMW Cars at Otto’s BMW near Exton

It is a delightful time of the year, things are turning green and the world seems to be teaming with life. It makes us want to get out and enjoy our surroundings. The best way to do that is from behind the wheel of a new or used BMW Car from Otto’s BMW near Exton.

You might be thinking, “How can they bring up buying a car after talking about this nice weather; buying a car is not a fun time.” We think that it is very unfortunate that people say this. We know that there are dealerships out there that makes shopping and buying a new or used BMW a chore, that they take advantage of their customers and then those customers have a bad taste in their mouths about shopping for a vehicle. This is a true shame. At Otto’s BMW, you will not have those bad taste experiences because at Otto’s they take customer service seriously. When you are working with your team member, you will find that they take the time to listen to what it is that you want out of a new or used car or SUV and then direct you toward the BMW Cars that best fit what you are looking for. They will not try to sell you a vehicle that you have no interest in and will not bully or push you towards what the dealership wants to sell you. At Otto’s BMW they focus on the needs of their customers and spend the time to make sure that the job is done right from start to finish. From shopping to financing to delivery, the team at Otto’s is there to support you!

For more information on the different BMW Cars available at Otto’s BMW, please stop by the dealership today!