Budget-Friendly BMWs: Discover the 7 Most Affordable Cars Under $20K in 2023

If you’ve ever dreamed of owning a luxury car but couldn’t justify the steep price, then this blog post is for you. The quest for the cheapest BMW is an adventure we’re more than eager to undertake. We will explore the cheapest BMW model you can buy in 2023, how to get a BMW key without breaking the bank and a rundown of the top seven affordable BMWs under $20k. Let’s jump right in! 

The Pursuit of the Cheapest BMW Model: 

Contrary to popular belief, the journey to own a luxury car like BMW doesn’t have to be arduous. 2023 the crown for the BMW’s cheapest model, goes to the 2023 BMW 2 Series. Although the new 2 Series sedan starts at around $35K, pre-owned options from recent years can easily fit into your budget of $20K. While not brand-new, these cars are meticulously maintained and tested to ensure they’re in prime condition. 

Affordable Luxury: The Cheapest New BMW 

If you’re determined to get your hands on the newest BMW, the 2023 BMW 1 Series sedan should be your go-to. Although it slightly exceeds our $20K cap, it’s indeed the cheapest new BMW, starting around $25K. With its sleek design, performance-oriented dynamics, and advanced tech features, the 1 Series sedan is a steal for those willing to stretch their budget just a little. 

Economizing with the Cheapest Way to Get a BMW Key: 

Lost or damaged your BMW key? Don’t worry. The cheapest way to get a BMW key is through an aftermarket replacement. Aftermarket keys are generally much cheaper than official replacements from a BMW dealership. However, you must ensure that the locksmith you choose is reputable and has the necessary equipment to program the key. 

Top 7 BMW Models Under $20K in 2023: 

Here are the seven most affordable BMW cars that you can get under $20K this year: 

2017 BMW 3 Series:  

The 3 Series models are the epitome of BMW’s sporty character and luxury, and a used 2017 model offers great value. 

2016 BMW X1:  

This compact SUV combines the functionality of an SUV with the driving fun of a BMW. You can find a well-equipped used X1 from 2016 within our budget. 

2015 BMW 4 Series:  

The BMW 4 Series is known for its sporty performance, and a used 2015 model provides excellent value, with luxury and performance in spades. 

2014 BMW 5 Series:  

With a blend of comfort, luxury, and performance, a pre-owned 2014 BMW 5 Series can be a great affordable option. 

2016 BMW 2 Series:  

The 2 Series cars are compact but pack a punch. A used 2016 model offers plenty of driving fun without costing a fortune. 

2017 BMW X3:  

If you prefer a larger SUV, the X3 offers luxury and utility at a reasonable price. Look for a used 2017 model within our budget. 

2018 BMW i3:  

Who said you can’t afford an electric car? The 2018 BMW i3 might be the cheapest entry into luxury electric vehicles, combining BMW’s renowned quality with zero-emission driving. 

Which BMW Model Is Cheapest? 

When it comes to sedan parts, the 2023 BMW 2-Series sedan is, without a doubt, the most affordable BMW. The X1 is, on the other hand, the most affordable of the BMW SUVs 2023. Keep in mind that the price can vary depending on factors such as the car’s age, mileage, condition, and the market situation in your specific location. Consider the total ownership cost, including insurance, maintenance, and fuel costs. 

We recommend visiting BMW’s official website or contacting a local BMW dealership for the most accurate and up-to-date information. 

What Is the Most Reliable BMW to Buy? 

BMW has a reputation for quality and durability, and many of its models are considered reliable. However, certain models stand out for their proven reliability: 

BMW E90 3-Series (2006–2011):  

This model, particularly the 328i, 330i, and 335d, is known for its engine reliability and build quality. This generation’s inline-six engines are well-regarded, with many examples racking up high mileage with minimal major issues. 

BMW E39 5-Series (1997–2003):  

This 5-Series is known for its quality and longevity, particularly the 530i model. Like the E90 3-Series, these models have been known to reach high mileage with routine maintenance. 

BMW F25 X3 (2011–2017):  

The X3 is a reliable SUV and the F25 generation benefits from BMW’s experience with earlier models. These cars are known for their robust build quality and reliable engines. 

BMW E46 3-Series (1998–2006):  

Although older, these models, particularly the 325i and 330i, are still lauded for their reliability and longevity with proper maintenance. 

BMW F10 5-Series (2010–2017):  

The F10 5-Series, especially the 535i model, is known for its luxury, performance, and dependability mix. 

Remember that reliability is strongly influenced by regular maintenance and care. A well-maintained BMW of any model can last for a very long time. Be sure to keep up with regular services and checkups, even if you’re buying a used BMW. 

Is Buying BMW Worth It? 

Buying a BMW can indeed be worth it, given the brand’s strong reputation for performance, luxury, and technology. However, whether it’s the right decision for you depends on various factors. 

Here are a few reasons why you might consider investing in a BMW: 


BMW is known for creating vehicles that are fun to drive. They’re often praised for their handling, acceleration, and overall driving experience. 


BMW’s vehicles are outfitted with high-quality materials and sophisticated interiors. Many models offer a plethora of luxury features, including advanced infotainment systems, comfortable seating, and a range of driver-assistance technologies. 


The BMW brand carries a certain level of prestige due to its history and the high standards it sets for its vehicles. Owning a BMW can be a status symbol. 


BMW is at the forefront when it comes to automotive technology and innovation. They have made significant strides in areas like electric vehicles (the BMW i-series) and autonomous driving technologies. 

However, it’s also important to consider the costs associated with owning a BMW: 

Higher Maintenance and Repair Costs:  

Like many luxury cars, BMWs tend to have higher maintenance and repair costs than mainstream brands. Parts and labour can be expensive, especially as the vehicle ages. 


Many luxury cars, including BMWs, can depreciate faster than economy cars. This might be a factor if you plan to resell the car in the future. 

Premium Gas and Insurance:  

Many BMW models require premium gas, which can add to the overall cost of ownership. Additionally, insurance rates can be higher due to the cost of the vehicle and the demographic of drivers who typically own these cars. 

What Is the Average Life of a BMW? 

Like any other vehicle, the lifespan of a BMW depends heavily on factors like maintenance, driving habits, and environmental conditions. However, as a rule of thumb, many BMWs will last between 100,000 and 200,000 miles with proper care. 

Here are some things that can impact a BMW’s longevity: 

Regular Maintenance:  

Keeping up with regular maintenance, such as oil changes, brake inspections, and tire rotations, can greatly extend the life of a BMW. Using high-quality parts and fluids is also important. 

Driving Habits:  

How the vehicle is driven can significantly impact its lifespan. For instance, aggressive driving can lead to faster wear and tear. 


Cars that are driven in extreme weather conditions or on rough or salty roads may experience increased wear and tear. 

Model and Year:  

Some BMW models and years are known for being more reliable and longer lasting than others. 

It’s also important to note that BMWs are performance-oriented machines, and the cost of maintaining them can be higher than average, especially as they age. However, for many BMW owners, the brand’s reputation for performance and luxury makes this a worthwhile trade-off. 

These options allow you to find the cheapest BMW to fit your budget easily. Whether it’s a sedan, an SUV, or an electric car, the dream of owning a BMW can become a reality. Remember, owning a luxury car doesn’t always have to come with a luxury price tag. 

Why Optimance Transport is the best choice for luxury car shipping? 

Optimance Transport is renowned for being a specialist in shipping luxury vehicles, particularly when it comes to handling and transporting BMW cars. We understand that owning a BMW is a mark of elegance and sophistication. Therefore, every BMW model, even the cheapest BMW model, is treated with utmost care and precision at Optimance Transport. Our services are tailored to ensure that your prized possession is delivered to your doorstep in pristine condition. 

One of the major concerns for any car owner is the safety and security of their vehicle during transit. At Optimance Transport, we alleviate those concerns by employing state-of-the-art technology and skilled professionals. Even if you’re looking to transport the cheapest new BMW, we guarantee it will be handled with the same level of care and attention as the most expensive model. 

Cost efficiency is another significant aspect that distinguishes us. If you’re searching for the cheapest way to get a BMW key to your new luxury car, look no further. Our shipping solutions are not only affordable but also highly efficient, ensuring that your BMW is shipped promptly and safely. 

Our extensive experience in handling luxury cars, especially BMWs, equips us with the knowledge and expertise to offer unparalleled service. Each member of our team is trained to handle your vehicle with the same care as they would their own, ensuring that it arrives in perfect condition. 

We also offer customized shipping solutions to meet individual needs. Whether it’s the cheapest BMW model or a top-of-the-line version, our service remains consistently excellent, characterized by professionalism, efficiency, and safety. 

In essence, choosing Optimance Transport is opting for a hassle-free, reliable, and cost-effective solution for shipping your BMW. We take pride in offering services that are as exceptional as the vehicles we transport, ensuring that every client receives the care, attention, and excellent service they deserve. Your BMW is more than just a car; it’s a masterpiece of engineering and luxury, and we are committed to treating it as such.