Quote:
Originally Posted by JST
My rule of thumb is that prices on BaT auctions jump about 10K in the final 24 hours. That's obviously very, very rough and changes depending on the amounts involved, but I've found that it generally works as a way to understand where an auction is 24 hours before the close.
I think the final bid on this car will be in the 40s, but no idea if it will be RNM.
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Makes sense. I guess that's typical of most online auctions where all the action happens in the final stretch. 40k actually would be a really strong residual value, even for this car. That'd be about 60% of the original MSRP 3 years later. That's similar to the subsidized lease residuals from BMWFS on their mainstream sedans and SUVs.. I guess wagons, even fully loaded ones like this, hold their value better in the used market since they are relatively rare.