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Old 11-20-2020, 04:26 PM   #1
FC
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https://www.autoblog.com/photos/phot...#slide-2279262

73% depreciation after 5 years for a 7er. Yikes.
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Old 11-20-2020, 04:43 PM   #2
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yeah I saw that
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Old 11-20-2020, 04:56 PM   #3
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It's probably worth looking at what they were selling for new. It's not really depreciation if people were buying them for $10-20k off sticker.
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Old 11-20-2020, 05:04 PM   #4
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It's probably worth looking at what they were selling for new. It's not really depreciation if people were buying them for $10-20k off sticker.
That's fair. But while I can see that on the 7er I am not so sure that's the case in a 5er or an X3. But that's just a guess.
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Old 11-20-2020, 05:06 PM   #5
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That's fair.
I'm looking at the A6 in particular, which I believe my parents bought for about $15k off.
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Old 11-20-2020, 05:11 PM   #6
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I'm looking at the A6 in particular, which I believe my parents bought for about $15k off.
Damn!
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Old 11-21-2020, 12:08 PM   #7
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Quote:
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That's fair. But while I can see that on the 7er I am not so sure that's the case in a 5er or an X3. But that's just a guess.

You can get 10% off basically any new BMW except a few of the rarer models (M2) + $2k-$5k of misc. incentives (loyalty, lease or APR credits, etc.) so you need to keep that in mind when looking at depreciation. 7er and 8er also get “flagship” money which is BMW-to-dealer $$ in the trunk which really means a good deal on those is probably 15-18% off before the incentives.

No matter how you slice it, BMW resale isn’t as strong as old days but it’s not as bad as it looks unless you’re one of the few to pay close to MSRP.

That being said, BMW still maintains strong lease residuals on most models which makes leasing even more attractive in my opinion.
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Old 11-23-2020, 03:42 PM   #8
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That's fair. But while I can see that on the 7er I am not so sure that's the case in a 5er or an X3. But that's just a guess.
And it isn't like those models are going to become cult classics and start going up in value. You used to be able to get E30s for cheap, then when those started going up, E36s.The E46 M models (and lately the ZHP) have gone up, and the older E30/E36 models have either become insanely priced (for good-to-excellent examples) or either de-converted track rats or "needs some work and extensive rust repair, ran when parked 10 years ago" cars. I like the E46 because aside from its looks, it was the last of the BMWs where you could do all of the stuff I did (Euro mods, etc.) without going and having everything re-coded, or worse yet not being able to do them at all.

The original X3 must have fared even worse because it wasn't a "real" BMW, being designed and built by Magna Steyr. And it had those awful Rubbermaid bumpers.

For those who don't remember my E46 wagon (click the pic for more info):



That pretty much did it for me, BMW-wise. I still have it and other than having a phase of going through CV joints (all but the first replaced under parts warranty), the usual window regulators, and a recent service which involved replacing pretty much everything between the radiator and engine block due to increasing coolant leaks from multiple places (BMW's cheap plastic) and a DTML pump, it has been well behaved for 18+ years now.
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