While there are so many perks of buying a pre-owned vehicle, we know some buyers are hesitant to buy a vehicle that’s had a previous owner. If this is you, you’re in luck. You’ve found your solution with a BMW Certified Pre-Owned vehicle at BMW of Peabody.

Strict Standards

Only the best of the best in our pre-owned inventory are even considered to be BMW Certified. To qualify, they have to be late-model vehicles with more than 300 miles on the odometer but no more than 60,000. We also carefully review their CARFAX® or AutoCheck® history report to make sure that they have a solid service history and have only used genuine BMW parts as replacements.

Thorough Reconditioning Process

If the vehicle meets our standards, we put it through a meticulous 360° inspection. We look at every detail, both inside and out, checking for safety and performance issues. Then, we carefully recondition it to meet our exacting standards and follow up with a road test to ensure that it lives up to the CPO designation.  

Added Protection

BMW Certified Pre-Owned vehicles include warranty coverage, giving you extra peace of mind with your purchase. Each late-model vehicle includes any remainder of the four-year/50,000-mile BMW new vehicle limited warranty.

They also include this additional protection:

• One-year/unlimited-mile BMW CPO limited warranty (after the new warranty expires)
• 24/7 roadside assistance for lockout assistance, jump starts, flat tire changes, and fuel delivery
• Available BMW Assist™ Safety Plan – provides emergency service assistance, collision notification, and BMW Assist eCall services
• Extended Vehicle Protection available for additional coverage

Buying a BMW Certified Pre-Owned Vehicle

Can’t wait to get your hands on a BMW Certified Pre-Owned vehicle? Then why are you? Come see us at BMW of Peabody, we can help you get into the perfect new-to-you vehicle today!

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There can be a lot of decisions involved when it comes time to buy a car. The BMW financial experts at BMW of Peabody are here to go over some financial services basics to help simplify the process.

How Does a Lease Work?

Auto leases typically last two or three years and, throughout that time, you are essentially renting the car from our dealership. You will be responsible for making monthly payments throughout the duration of your lease that cover the vehicle’s depreciation during that time. Then, at the end of your lease, you return it to our dealership or opt to buy it at that time.

How Much Can I Afford?

Naturally, there are lots of factors to consider, but we suggest aiming to keep your total car expenses under 20 percent of your monthly take-home pay. It’s important to consider all the associated costs of owning a car, including fuel, maintenance, possible repairs, and more. If you’re unsure where to start, utilize an auto payment calculator to get an estimate of your monthly payments.

What’s My Trade-in Worth?

We are happy to provide an assessment of your trade-in value anytime. We consider your vehicle’s current market value, as well as your vehicle’s mileage and condition. Even if you aren’t car shopping, we are always interested in buying pre-owned vehicles.

Do I Need GAP Insurance?

GAP insurance is designed to protect you if you have a total loss, and you still owe more on your vehicle than it is worth. Without it, you could be faced with owing thousands for a vehicle you can no longer even use.

Visit BMW of Peabody for More Financial Services Information

Visit BMW of Peabody to discuss any other questions you may have or to start shopping our inventory of new BMW vehicles for sale in Sherman Oaks, CA. Schedule an appointment today!

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Meet the all-new 2023 BMW iX M60. This is a revolutionary all-electric SUV from BMW. And if you test drive one, you’ll see that it is not your typical electric vehicle in the slightest. With a 0-60 of 3.6 seconds and a range of up to 280 miles, you’d never guess you had to sacrifice anything for the lack of a gas engine. Let’s take a look at the performance features of the 2023 BMW iX M60.

Built for Performance

Who needs a gas guzzler when this new EV comes strapped with 610 horsepower and 811 lb-ft of torque? The BMW iX M60 boasts one of the most powerful electric vehicles of any kind on the market. And it does so with style. Dual all-electric motors direct all 610 horses to all four wheels giving you power where it is most needed.

Complete Stop and Go Performance

With integrated cornering and dynamic brake control, brake drying, drive assist, and automatic hold, you’ll stay connected to the road no matter the conditions. The BMW iX M60 also features integral active rear-axle steering to give you even more control, no matter the speed. It also includes M Sport Brakes with blue calipers for both performance and style and available 22-inch M Aero bi-color bronze wheels.

Control at Your Fingertips

The 2023 iX M60 is more than just a road warrior. It integrates outside performance with a luxurious and effective interior. The live cockpit professional curved display has a configurable instrument cluster and programmable bookmarks. Voice control gives you access to navigation, Bluetooth®, and audio controls.

Test Drive the 2023 BMW iX M60 in Peabody, MA

The only way to experience this truly beastly 2023 BMW iX M60 is to get behind the wheel. Visit BMW of Peabody, where you can feel this powerful performance vehicle from the driver’s seat. Schedule a test drive today!

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Here at BMW of Peabody, we make car shopping easy, and we aim to be your local full-service BMW dealership near Andover, MA. What exactly does this mean? In addition to selling a huge inventory of new, pre-owned, and Certified Pre-Owned BMW cars, we have a BMW service center, BMW parts department, and finance department.

Here is why you should pay a visit to BMW of Peabody.

Car-Buying Made Easy

Buying a BMW car doesn’t have to be a stressful ordeal. We provide a vast selection of the latest and greatest BMW cars, SUVs, and coupes, such as the:

• BMW X3
• BMW X5
• BMW 4 Series
• BMW 5 Series

We are also committed to carrying the newest BMW electric cars when they first hit the market. Additionally, our large selection of pre-owned cars includes vehicles from BMW as well as other automakers. The BMW Certified Pre-Owned inventory bridges the gap between new and pre-owned, as these cars are thoroughly inspected and passed a battery of tests.

When it comes time to purchase the car, you can choose to do things the old-fashioned way and visit our lot and speak to our friendly dealers, or you can utilize our F A S T remote car buying experience that is fast, accommodating, and transparent.

Trustworthy Service and Parts

When you need trustworthy and professional service on your BMW car, visit our BMW certified mechanics at BMW of Peabody. We perform a variety of different maintenance services and repairs.

We also have a large selection of OEM BMW parts for when you need to make some upgrades or perform DIY repairs.

Visit BMW of Peabody in Greater Boston

Find out why Andover-area drivers can’t get enough of our BMW dealership by paying us a visit. We look forward to providing exceptional customer service.

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For a lot of drivers near Peabody, MA, talking to a mechanic can be an intimidating experience, especially if they do not have extensive knowledge about vehicle operations and parts.

However, here at BMW of Peabody, our mechanics take pride in being approachable and friendly, patiently explaining the types of BMW repairs that your vehicle needs. Here are some tips for talking to our mechanics about repairs.

Communicate the Vehicle’s Issues

When you first bring your BMW car to our service center at BMW of Peabody, we’ll ask about the issues that you’re having with it. So that you don’t go blank when trying to remember, it helps to write down the issues when you first start to experience. Include specific sounds, sensations, and behavior that your car is experiencing, as well as leaks or smells.

When talking to the mechanic about the car’s issues, it helps to be as specific as possible. For instance, instead of simply stating that the vehicle is making a sound, describe the problem in more detail. These are some common terms for automobile issues:

• Bottoming: Occurs when the car bottoms out when going over a bump or high spot in the roadway.
• Bucking: A lurching of the vehicle felt when changing gears or after the vehicle hesitates.
• Knocking: A rapid rattling or knocking sound heard when accelerating.
• Sluggish: When the car does not accelerate strongly or smoothly and feels like it is bogged down.

If you are still having issues communicating what is troubling the vehicle, take the mechanic on a test drive so that they can experience the issue firsthand.

Visit Our Expert BMW Mechanics in Peabody, MA

Here at our BMW service center, our mechanics are ready to get your BMW car back into top condition. Talk to us about what’s ailing your vehicle and it’ll be back on the road in no time.

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As the price of gasoline continues to rise to record levels and environmental concerns become more pressing, increasing amounts of drivers are turning to BMW EV cars. Because electric cars are still a recent innovation, many people have questions about buying a car in this segment. One of the most common questions that we receive here at BMW of Peabody relates to how much the electricity bill will increase when an EV is charged at home.

What You’ll Pay to Charge an Electric Car

According to JD Powers, electric car owners do 88 percent of their charging at home, which adds to their electricity cost. Of course, there are also public charging stations for you to charge an EV car. To estimate what your cost will be, take a look at your current electric bill. It will likely show how many kilowatt-hours you currently use and how much you pay for kilowatt-hour.

As of late last year, the average cost of electricity is 13.7 cents per kilowatt-hour, and an efficient electric vehicle can travel four miles per kilowatt-hour. Doing some math, you’ll find that if you drive your BMW iX SAV or other BMW EV car 1,000 miles per month, then you’ll need at least 250 kilowatts to charge properly. At the national average electricity rate, that will cost you $34.25 per month in electricity. This number will depend on how often you drive and the electricity rates in your area.

Massachusetts MOR-EV Program

The MOR-EV program helps Massachusetts EV car buyers save money on a new EV BMW purchase. If you purchase an eligible EV car and fill out the application, you can receive $2,500 for a new battery or fuel cell electric vehicle and $1,500 for a new plug-in hybrid electric vehicle.

To test drive our wide selection of BMW EV cars, head over to BMW of Peabody.

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With the quickly growing popularity of BMW electric vehicles, prospective buyers have a lot of questions about their operation and whether or not they’re worth a purchase. You likely already know about many of the benefits that electric cars offer, such as their environmental friendliness, their low costs of operation and repair, and their increasing range.

Here at BMW of Peabody, our dealers receive many questions about how electric vehicles retain their value.

Depreciation and Electric Cars

All new vehicles undergo a phenomenon known as depreciation, which can be defined as the gradual loss in value of an asset. The most extreme depreciation occurs during the first few years of ownership, when a vehicle can lose up to 25 percent of its value.

Electric vehicles depreciate just as gasoline-powered vehicles do. Though they offer various types of savings in the form of efficiency and fewer and less expensive repairs, electric vehicles typically lose more than $5,700 off their original value per year of ownership, according to Forbes.

If you want to avoid the most depreciation on an electric car, consider a pre-owned BMW model instead of new.

Overall Cost of Ownership

Now that you know electric vehicles retain their value just as well as gasoline powered vehicles, you may be wondering if they are worth the cost. The overall answer is an enthusiastic yes, according to the same Forbes article. Most states, including Massachusetts, have hefty financial and tax incentives for purchasing an EV vehicle, which helps to offset the cost of depreciation.

Contact BMW of Peabody in Greater Boston to learn more about BMW electric vehicles.

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