We’ve ended up having some extra time with our 2014 BMW 4 Series, so I thought it would be interesting to give you an updated cost of ownership over the last few months. Last time, for our year of ownership report, the total came out to roughly $14,000, but some things have changed since then.

If you want to check out the original video we did with the 4 Series back in January, you can see a break down of all the expenses up until then. Either way, be sure to subscribe to the channel for more updates with our cars and some challenges coming up soon.

For now, though, let’s go ahead and jump into today’s video going over the final cost to own of the 428i over the last 18 months and 60,000 miles.

BMW 428i Backstory & Payment

First off, for anyone who didn’t see the first video, the 4 Series, which we named Jessica and then renamed to Little Blue, was bought back in January 2017 with a little over 50,000 miles on it. The car purchase price was $24,000, but some negative equity from the 7 Series was carried over.

Now, when I say SOME negative equity, what I actually mean is around $7,000. So that bumped up the payment to $491.52. Over the last 18 months, that total has come to $8,847.36. All in all, nothing too crazy, but a hefty price for a used BMW. That’s actually one of the biggest reasons it’s going to a new home.


On top of that, there’s the note of insurance, which actually isn’t too either. For full coverage, insurance came out to around $181.96 for the first 12 months. Luckily, though, right after the video was published, the rate dropped to around $164.

So for insurance, we’re looking at a total of $3,167 or an average of $175 per month.

Gasoline (Petrol)

Moving on, let’s talk about gas or petrol as you Europeans made very clear to me in my last video on it…

At the time of the last cost to own video, we were selling real estate in a very spread out area. That meant that miles were being put on the car like crazy – hence the 60,000 miles in 18 months. Luckily, though, we’ve been able to leave and do YouTube full time with the Tech and Gaming channel and website.

Because we’re no longer selling houses to people who want to see 42 in a weekend, miles are not too frequent. While the BMW is driven more than the Range Rover, it’s had a fraction of the miles put on since then. So now, the typical gas (OR PETROL) bill is only $100/month on it – accounting for an increase in prices over the summer. At the prices used in the last video, it’s only around $90/month.

That comes out to a total (over the last 6 months) to only $600. Adding that into the total before makes it $2,000 for 18 months.

Maintenance Costs – BMW 428i F32

Now, the best part – maintenance. Since leaving real estate sales in March, we’ve gone on a few trips (Atlanta multiple times, Cleveland, Indianapolis, Orlando a few times, and some more.) Because of that, miles have been put on more than a normal car, but nowhere near as bad as before.

The car has taken MUCH less abuse over the last few months, so maintenance has been extremely light. It’s had 3 oil changes at $64.99 a piece and tires for another $700. So… that’s it.

Now, to be fair, the car has had a few oil leaks from a part that we had already replaced. Thanks to having a good mechanic that warranties their repairs, they fixed those oil leaks for free since we were within the milage range of the warranty.

So the total for maintenance over the past few months has only been $895. Unfortunately, though, adding that to the maintenance total before makes it…. A bit more. That brings it to $5,627 for repairs and service. But keep in mind, that’s because of crazy mileage. It slowed down A LOT.

So the total cost of ownership over the past 18 months really hasn’t been too bad. It comes out to a total of $19,641 – an increase of only $5,387 since the last cost to own.

Farewell, BMW 428i

To wrap it up, I’ve been so happy with this car. It’s taken every challenge like a champ – minus a gravel driveway. If you’re looking for a 4 Series, don’t let this video scare you off. Sure, there’ve been issues, but if you keep miles within a normal range, this car is incredibly reasonable. I’m truly going to miss what an amazing car this is when it’s gone, but it’s time for it to find a new home.

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