[007_e350]

Gosh its crazy ... we just bought our X5d for $42k last year, now its oging for under 30 grand ... < 40k miles .... I also heard bmw's have flooded the market and are going at pretty cheap prices, do not why what the reason for that is ?

[R3dliner]

Unless it's a M, resale values usually take a dump. Look at the N54 335's, they are a bargain now. At least you don't own a Nissan, they are the worse resale.

[saleen556]

Just to many on the road. We just leased an X5 because we like them but am to worried about being upside down after warranty is up. Just easier to walk away. Even Ms aren't guaranteed to hold value.

[Ric in RVA]

Just hope they don't find enough airbags to fix all the cars on dealer back lots...unless you are buying!!!! Then hope they do!!!

[F80Dreamer]

My wife drives a 4Runner and we are considering trading it in...I was shocked at how well this truck has kept it's value. I know Toyotas/Subies/Porsche tend to hold their value pretty well, but didn't realize the huge difference this makes when you trade in or sell privately. Hoping my incoming M holds it's value pretty well

[The Wind Breezes]

Originally Posted by R3dliner

With all cars, even if it's a M, resale values nearly always take a dump.

FTFY

Cars depreciate like nothing else. Don't be surprised when it happens to you!

[VB5ER]

Average car depreciation is about 40% after 2 years when buying new.

[nirvana19]

That's not too bad. Not all M cars hold their value. 2 year old M5s are selling for 50% of MSRP which is depreciation of about $50-60k in that time period often with 20k miles.

[Chihuahua]

Originally Posted by R3dliner

Unless it's a M, resale values usually take a dump.

This, and it's been like this for over 20 years. The more expensive they are they faster they fall; check out prices on a five year old 7 series, then look at what MSRP was. M cars aren't always immune either.

[martin mustang]

Yep all bad news volume never helped quality in everything including prices, they sold 2 million F10. I checked what 5 year old F10 was worth against a Grand 6 series, the trading was so bad when I asked why, it was down to the dealer having 55 F10's in the back yard.

[Dackelone]

IF you think BMW prices are nothing... you should check out used Audi prices. They fall like a rock. Especially the A8.

[wdb]

Originally Posted by F80Dreamer

My wife drives a 4Runner and we are considering trading it in...I was shocked at how well this truck has kept it's value.

FJ Cruiser, Tacoma, 4Runner, the 3 top vehicles for holding their value in the US. I learned this when I went shopping for a used Tacoma last year; the prices were so high I almost gave up and went for a new one.

Originally Posted by Dackelone

IF you think BMW prices are nothing... you should check out used Audi prices. They fall like a rock. Especially the A8.

Yabut Audis have never held their value in the used market.

[David70]

Luxury cars have always had high depreciation. Low lease rates to move cars only makes this worse. Buy a BMW with 10k miles on it for 20% off from a new car, lost 20% of the value but no where close to 20% of it's useful life.

If you don't like the depreciation, don't continue to play the game. Buy a new Honda Accord or similar and no chance you will lose $10k per year in depreciation. We bought my wife a new Acura TSX a couple of years ago because the difference in new and slightly used wasn't enough to worry about, but then this was a $31k car new.

[BEM-S4]

This is why it's so hard to get off the needle once you start playing the BMW lease game. Some models especially. Deal I just did on a sport wagon, got 10% off purchase price, residual was 63% so I'm only sucking up 27% of the value on the three years I drive the car. Problem is that buying the car at the end of the lease makes little to no sense, so keeping the car isn't really an option.

[wdb]

According to this site BMW isn't even in the top 10. From cheatsheet.com, May 2016 article, percentage drop in first year:

• Jaguar XK 29.2%
• Mini Cooper 29.3%
• Lincoln MKS 30.4%
• Mercedes S Class 32.4%
• Volvo S80 32.6%
• GMC Yukon 32.8%
• Chevrolet Impala 33.5%
• Cadillac CTS 36.9%
• Smart ForTwo 36.9%
• Hyundai Genesis 38.2%

[R3dliner]

Subaru guys have it good. My friends 06 STI is still worth 20k

[BEM-S4]

Originally Posted by wdb

According to this site BMW isn't even in the top 10. From cheatsheet.com, May 2016 article, percentage drop in first year:

• Jaguar XK 29.2%

You have to really hate money to drive a Jag, for a long list of reasons.

[Ric in RVA]

Originally Posted by martin mustang

Yep all bad news volume never helped quality in everything including prices, they sold 2 million F10. I checked what 5 year old F10 was worth against a Grand 6 series, the trading was so bad when I asked why, it was down to the dealer having 55 F10's in the back yard.

I would personally like to thank all of you guys who buy these wonderful cars brand new and take good care of them.

Nothing like buying a 3 year old car with 40000 on it for less than half of sticker.

Now lets just hope the ZF holds up!!!!

[katchup]

My 06 4Runner with 200k miles still fetching high teens haha. And I can comfirm, if you think Bmw is bad, never ever ever ever jump to Audi. I made that mistake on my 2014 s4

[sygazelle]

Originally Posted by David70

Luxury cars have always had high depreciation. Low lease rates to move cars only makes this worse. Buy a BMW with 10k miles on it for 20% off from a new car, lost 20% of the value but no where close to 20% of it's useful life.

If you don't like the depreciation, don't continue to play the game. Buy a new Honda Accord or similar and no chance you will lose $10k per year in depreciation. We bought my wife a new Acura TSX a couple of years ago because the difference in new and slightly used wasn't enough to worry about, but then this was a $31k car new.

....or, buy a well-kept 3 year old BMW.

[Official NOCO]

I think a used BMW or other luxury vehicle scares a lot of people away because of the potential repair costs. My guess would be that Toyota's hold their value so well because of their reliability. When you spend 20K on a used Toyota vs. 20K on a used BMW you have to imagine that the BMW will have much more expensive repair costs in the long run.

[David70]

Originally Posted by Official NOCO

I think a used BMW or other luxury vehicle scares a lot of people away because of the potential repair costs. My guess would be that Toyota's hold their value so well because of their reliability. When you spend 20K on a used Toyota vs. 20K on a used BMW you have to imagine that the BMW will have much more expensive repair costs in the long run.

I agree with what you are saying but always surprised with the "I might have a costly repair so instead I am going to go with the guaranteed costly depreciation". If you buy new and lose $25k over 5 years in depreciation you can probably also afford most repairs.

I also agree that the $20k Toyota is far less likely to have an expensive repair, partly because it is more reliable and partly because it is probably newer and/or have fewer miles on it.