Quote:
Originally Posted by 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 ?
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Assuming this is just not a theoretical trade value, (which means little unless we sell), got to ask why would you want to trade a car at a year old, when the first year is the worst for depreciation? We really need to amortize new car depreciation over several years to make financial sense.
If we want value motoring and a decent vehicle, it its often best to buy nearly new with the big depreciation hit taken care of.
I bought my F11 535i at just over a year old with less than 6k miles for 40% under list. Car was like new, and also the way to get decent options cheap.