BMW is renowned for producing high-performance vehicles that blend luxury, style, and cutting-edge technology. The German automaker’s reputation for precision engineering and driving pleasure has made it a symbol of status and success. However, for many potential buyers, the cost of owning a BMW can seem out of reach. Fortunately, there are more affordable options within the BMW lineup that allow drivers to experience the brand’s iconic performance without breaking the bank. In this article, we’ll explore the cheapest BMW models currently available and discuss what makes them stand out.
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What Makes BMW Stand Out?
Before diving into the specific models, it’s important to understand what makes BMW so desirable. The brand is synonymous with:
- Performance: BMW is known for its precise handling, powerful engines, and smooth driving experience. Whether it’s a sedan, coupe, or SUV, BMW cars offer exceptional performance.
- Luxury: BMW vehicles are equipped with high-quality interiors, advanced technology, and premium materials, making them a symbol of luxury and sophistication.
- Innovation: The company is committed to incorporating the latest technology, from infotainment systems to driver assistance features, ensuring their vehicles stay ahead of the competition.
BMW offers a wide range of models, from compact sedans to luxury SUVs, and many of them come at different price points to cater to various budgets. Let’s take a look at some of the cheapest options in the current lineup.
Cheapest BMW Models in 2024
1. BMW 2 Series
The BMW 2 Series is often considered the entry point into the BMW family. As a compact luxury car, it offers a combination of performance, style, and luxury at a relatively affordable price. It’s available in both coupe and convertible body styles, with options for rear-wheel drive (RWD) or all-wheel drive (AWD).
- Price Range: Starting at around $38,000 for the base 230i coupe.
- Performance: The 230i comes with a 2.0-liter turbocharged 4-cylinder engine, producing 255 horsepower. It can accelerate from 0-60 mph in just 5.5 seconds.
- Fuel Efficiency: The 230i offers a respectable 26-35 MPG, depending on the configuration.
- Interior & Features: The 2 Series is equipped with a high-quality interior, including an 8.8-inch infotainment screen, Apple CarPlay, and a host of available luxury features, such as leather upholstery and a Harman Kardon sound system.
For those looking for even more performance, the M240i trim boosts power to 382 horsepower and adds sportier features, but it comes at a higher price.
2. BMW X1
For buyers who need more space but still want an affordable BMW, the BMW X1 is an excellent choice. As the smallest SUV in BMW’s lineup, it combines compact size with the practicality of an SUV, all while offering the signature driving dynamics BMW is known for.
- Price Range: Starting at $36,000 for the base model.
- Performance: The X1 comes with a 2.0-liter turbocharged 4-cylinder engine producing 228 horsepower. It offers plenty of power for daily driving and can accelerate from 0-60 mph in 6.3 seconds.
- Fuel Efficiency: The X1 is one of the more fuel-efficient BMWs, with estimates of 24-33 MPG.
- Interior & Features: The X1 offers a well-appointed interior with a 10.7-inch touchscreen, Apple CarPlay, Android Auto, and available premium features like heated seats and a panoramic sunroof. The rear seats and cargo space are also generous for its class, making it a practical choice for families.
The X1 is also available in an all-wheel-drive (AWD) configuration, which adds to its versatility in various driving conditions.
3. BMW 3 Series
The BMW 3 Series is one of the most iconic vehicles in the brand’s history, combining performance, luxury, and everyday usability. While it’s not as inexpensive as the 2 Series or X1, it still offers excellent value for those seeking a higher-end BMW sedan.
- Price Range: Starting at $42,000 for the base 330i sedan.
- Performance: The 330i is powered by a 2.0-liter turbocharged 4-cylinder engine that produces 255 horsepower. With rear-wheel drive, it offers sporty handling, and its 0-60 mph time of just 5.6 seconds proves it’s no slouch.
- Fuel Efficiency: The 330i offers a good balance between performance and efficiency, with an EPA rating of 26-36 MPG.
- Interior & Features: The 3 Series comes with a sleek interior featuring a 14.9-inch infotainment system, Apple CarPlay, Android Auto, and optional luxury touches like leather upholstery and a premium sound system. The 3 Series also boasts a spacious cabin and trunk for a sedan, making it practical for daily use.
While the 3 Series starts at a higher price point, its rich legacy and performance capabilities make it a popular choice for those seeking a more refined BMW.
4. BMW 4 Series (Gran Coupe)
The BMW 4 Series Gran Coupe is a stylish, sporty sedan that combines the aesthetics of a coupe with the practicality of a four-door sedan. The Gran Coupe offers slightly more rear-seat space than the traditional 4 Series coupe while maintaining a similar level of performance and luxury.
- Price Range: Starting at $47,000 for the base 430i Gran Coupe.
- Performance: Powered by a 2.0-liter turbocharged 4-cylinder engine, the 430i produces 255 horsepower and accelerates from 0-60 mph in 5.6 seconds.
- Fuel Efficiency: The Gran Coupe offers a competitive 25-34 MPG.
- Interior & Features: The 4 Series Gran Coupe features a high-tech interior with an 8.8-inch touchscreen, Apple CarPlay, and a host of available premium features such as leather upholstery and a panoramic moonroof.
Though the 4 Series is a bit pricier than the 2 Series, it offers a higher level of sophistication, making it a great choice for those who want a more upscale BMW without stepping up to the 5 Series or 7 Series.
How to Get the Cheapest BMW
While the above models represent the most affordable options in BMW’s lineup, you can often save even more by considering:
- Certified Pre-Owned (CPO) BMWs: BMW’s CPO program offers vehicles that are a few years old but still come with a warranty and have been thoroughly inspected. A CPO BMW can provide significant savings while still offering many of the luxury features and driving dynamics that the brand is known for.
- Leasing: Leasing a BMW can be a more affordable way to drive one of the brand’s vehicles, especially if you don’t plan on keeping the car long-term. Monthly payments for leases are typically lower than financing a purchase.
- Dealer Incentives: Keep an eye on manufacturer promotions and dealer discounts, especially during year-end sales events or holiday weekends.
FAQs about the Cheapest BMW
Q1: Which BMW is the cheapest to own and maintain?
The BMW 2 Series and BMW X1 are among the most affordable to own and maintain, with relatively lower base prices and better fuel efficiency. Additionally, the smaller engines and fewer luxury options help keep costs down. However, BMWs generally require more maintenance than non-luxury brands, so be prepared for some higher repair costs down the line.
Q2: Is it worth it to buy a cheaper BMW?
It depends on what you’re looking for. If you want the BMW badge, enjoy high-quality driving dynamics, and don’t mind a smaller vehicle, then a cheaper BMW like the 2 Series or X1 can offer great value. Keep in mind that BMWs can be more expensive to maintain compared to non-luxury cars.
Q3: Can I get a BMW under $30,000?
While it’s difficult to find a brand-new BMW under $30,000, a used or certified pre-owned (CPO) BMW may fit your budget. A used BMW 2 Series or BMW X1 from a few years ago could be a good option within this price range.
Q4: What are the most affordable BMW SUVs?
The BMW X1 is the most affordable SUV in the BMW lineup, offering great value for those looking for a small luxury SUV with all-wheel drive and good fuel economy. The BMW X2 is another compact SUV that may be priced similarly.
Q5: How much does the cheapest BMW cost per month on a lease?
Leasing payments depend on various factors, including location, credit score, and down payment. The BMW 2 Series or X1 may have monthly lease payments starting around $300-$400 per month for qualified buyers, but it’s always best to check with local dealerships for current offers.
Conclusion
While BMW is known for its luxury and high-performance vehicles, there are several options for those seeking an affordable way into the brand. The BMW 2 Series, X1, and 3 Series offer a great balance of cost, luxury, and driving experience. Whether you’re buying new or considering a pre-owned model, there’s a BMW that fits most budgets, allowing more people to experience the joy of driving a luxury vehicle without paying a premium price.