[D&G]

See attach!!!

http://www.msnbc.msn.com/id/11962665/


I am disapointed that our E90 did not make it to the list.

[RPM90]

Originally Posted by D&G

See attach!!!

http://www.msnbc.msn.com/id/11962665/


I am disapointed that our E90 did not make it to the list.

That's interesting considering the residual on the Accord and TL is not as high as the BMW 3 series. The resale may be high, but it's not reflected in their leases where it actually makes a difference.

T

[ben1364]

Originally Posted by D&G

See attach!!!

http://www.msnbc.msn.com/id/11962665/


I am disapointed that our E90 did not make it to the list.

Three series BMWs used to hold value very well when they were owned and maintained by mostly serious motorists. Since the cars were "adopted" by yuppies who didn't tend to care for them in the early 1980s the residual value has been declining. It is however pleasing to note that the MINI is still holding it's value very well, especially since inventories are growing at dealerships, at least in the U S market. I owned a 2004 MCS for 14 months accumulating 14,500 miles and sold it for $630 less than I paid for it. It was a great little car and tons of fun. It was however impractical for my purpose. It was replaced by a Subaru Forester XT which is also a blast to drive. It shares the garage with the E90 and the R1200RT.

[BMW0]

That list is rigged by Forbes, E90 has to be in the top 10 no matter what!

[shragon]

these lists are always a bit lame.

[deutschmann59]

I knew I should have gotten a Mini Cooper!

[Bimmerista]

Consumer Reports lists Toyota and BMW as the companies with the highest resale values.

I would not place much faith in Forbes as the gospel of accurate reporting of everything that is factual ..........

[RPM90]

Originally Posted by ben1364

Three series BMWs used to hold value very well when they were owned and maintained by mostly serious motorists. Since the cars were "adopted" by yuppies who didn't tend to care for them in the early 1980s the residual value has been declining. It is however pleasing to note that the MINI is still holding it's value very well, especially since inventories are growing at dealerships, at least in the U S market. I owned a 2004 MCS for 14 months accumulating 14,500 miles and sold it for $630 less than I paid for it. It was a great little car and tons of fun. It was however impractical for my purpose. It was replaced by a Subaru Forester XT which is also a blast to drive. It shares the garage with the E90 and the R1200RT.

Whoa! You're going to places no one wants to go.
BMW has one of the highest resales of all brands, and probably the highest residual for purposes of leasing.

My experience is that BMW GAINED resale since "yuppies" started driving them. Up till then they were more a US niche car that were loved by hands on enthusiasts as they didn't mind doing the work needed, and time needed to get parts.

When people with money like something, that something goes up in cost and value.
That's not all BMW owners, but enough to make a difference.

T

[D&G]

Originally Posted by Bimmerista

Consumer Reports lists Toyota and BMW as the companies with the highest resale values.

I would not place much faith in Forbes as the gospel of accurate reporting of everything that is factual ..........

Just a thought why maybe BMW is not on the list. Now a days many ppl would lease their BMW/E90's say for 2yrs. Most will return the cars back to BMW for exchange for another car. In result, the used car lot will be flooded with used E90's which will bring the supply up. This will cause the resale value to go down when supplies are up there.

[Pretender]

Hmmm...that's weird. BTW, I watched the news on tv a few days ago that BMW was the only car manufacture that reported benefit this year so far. Others just had negative returns. Can some one post the link to that report?

[egtlover74]

It is a forecast of residual value NOT resale values.
That article is misleading as it is titled as Resale Values but the content is residual value. Actual resale value is different.

[ben1364]

Originally Posted by RPM90

Whoa! You're going to places no one wants to go.
BMW has one of the highest resales of all brands, and probably the highest residual for purposes of leasing.

My experience is that BMW GAINED resale since "yuppies" started driving them. Up till then they were more a US niche car that were loved by hands on enthusiasts as they didn't mind doing the work needed, and time needed to get parts.

When people with money like something, that something goes up in cost and value.
That's not all BMW owners, but enough to make a difference.

T

What you say is true in the short run. In the longer run, yuppie cars were not as well maintained.

[RPM90]

Originally Posted by ben1364

What you say is true in the short run. In the longer run, yuppie cars were not as well maintained.

That's a guess on your part. Do have any evidence to validate that opinion?
BMW does the maintenance on at least 50% of the cars they sell.
That's because about 50% of BMW sales are leases.
One of the main reasons for BMW 3 series high resale and residual values is precisely because they ARE maintained on a regular schedule. BMW is one of the, if not THE, best manufacturers to support their used car sales and the BMW dealers love it.

Their leasing program is tied to their certified program, and BMW makes buying their certified cars are real viable option as is evidenced by their low interest rate support to people who want to buy the used models.
Most other manufacturers, as well as banks, see used cars as a higher risk and thus typically want a higher percentage return on their loan investments.
BMW supports their used car market by offering buyers low rates, currently in the 2.9% range. That's VERY low for a used car purchase rate. However, BMW can do that because they have confidence in their product and part of that confidence is because
they know quality of their product and it's maintenance history.
People who buy their BMW's reap the benefits of BMW's excellent lease and certified program as well, as their cars also gain added market value due to consumer perceptions of BMW quality and prestige.

The who "yuppie" thing is tired. Yes, "yuppies" are quite the consumers, and to some of them "brand" may be important.
However, so is quality. If the quality of BMW were not there, even brand people would simply have found a different brand.
BMW isn't the only car brand associated with "yuppies".

T

[ben1364]

RPM90 wrote in part, "That's a guess on your part. Do have any evidence to validate that opinion?"

No. My statement is based on anecdotal evidence as is yours. <g>

I have less faith than you in the "value" of the BMW NA included maintenance program or the BMW NA CPO program over time. I gess that time will tell which of our positions proves to be more valid. Agree?

[RPM90]

Originally Posted by ben1364

RPM90 wrote in part, "That's a guess on your part. Do have any evidence to validate that opinion?"

No. My statement is based on anecdotal evidence as is yours. <g>

I have less faith than you in the "value" of the BMW NA included maintenance program or the BMW NA CPO program over time. I gess that time will tell which of our positions proves to be more valid. Agree?

What evidence do I need?
The resale value and residual value of a 3 series is quite well documented. That was my contention.

As far as my comment about "yuppies", that is in response to your assertion the "yuppies" bring the value down. The burden of proof is on you, not me.
But, you do now say that you are just guessing.

BTW, I never proclaimed my "faith" in a CPO or maintenance program. I'm not really sure what you mean by that anyway.

T

[findtom]

Originally Posted by RPM90

That's interesting considering the residual on the Accord and TL is not as high as the BMW 3 series. The resale may be high, but it's not reflected in their leases where it actually makes a difference.

T

Residual was 42% for a TL vs. 63% for an E90 for the same lease specs when I was shopping around. People that lease Acuras are getting screwed.

[ben1364]

Originally Posted by RPM90

What evidence do I need?
The resale value and residual value of a 3 series is quite well documented. That was my contention.

As far as my comment about "yuppies", that is in response to your assertion the "yuppies" bring the value down. The burden of proof is on you, not me.
But, you do now say that you are just guessing.

BTW, I never proclaimed my "faith" in a CPO or maintenance program. I'm not really sure what you mean by that anyway.

T

Hey. I have acknowleged that my statement was speculation and that I think yours is as well. As I said before, I think that time will tell... Why don't we drop this as I don't see it going anywhere and I think we are boring others. Agree?

[Bimmerista]

Originally Posted by D&G

Just a thought why maybe BMW is not on the list. Now a days many ppl would lease their BMW/E90's say for 2yrs. Most will return the cars back to BMW for exchange for another car. In result, the used car lot will be flooded with used E90's which will bring the supply up. This will cause the resale value to go down when supplies are up there.

You would think, but in fact the resale values are amongst the highest for BMW. The brand is very aspirational and manny who buy it pay what the dealers ask in the used market-especially with the certified programme where people get a warranty to boot.

As for time will tell - this has been the case for the last 15 years, so I believe that time has spoken already.

[RPM90]

Originally Posted by ben1364

Hey. I have acknowleged that my statement was speculation and that I think yours is as well. As I said before, I think that time will tell... Why don't we drop this as I don't see it going anywhere and I think we are boring others. Agree?

Agreed.

T

[RPM90]

Originally Posted by Bimmerista

As for time will tell - this has been the case for the last 15 years, so I believe that time has spoken already.

I agree.


T

[carnuts3]

Excuse me, but what am I missing here???... The Toyota Avalon makes the Forbes top 10 list with a 36 mo Residual value of 59% ( $26,625 list with a $15,681 value after 3 yrs). Using the March captive lease rates, the 325/330i has a 36 mo Residual value of 62%. Forbes is the same magazine that compared the IS350 to the 330i and concluded that the IS had it all over the new bimmer; this is contrary to every other credible comparison that I've read..... I wouldn't put much stock in a Forbes article when they talk cars.