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Sell a loaded 330i, buy the 335i in '06/'07. How easy?
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11-20-2005, 07:59 PM | #1 |
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Sell a loaded 330i, buy the 335i in '06/'07. How easy?
I'm getting my 330i (Saph black/6sp manual/premium/sport/act steer/lux/nav/bluetooth) in Dec 05.
IF AND WHEN a 335i became available in 2006/2007, and one wanted to sell 330i at that time, how easy do you think it would be? How much loss should one expect on the 330i after 12 months? |
11-20-2005, 08:43 PM | #3 |
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With all cars the most depreciation will occur in that first 12-24 months (first 12 minutes is the biggest hit). You also see a bump in depreciation when a new model is released replacing your model.
Based on 2005 numbers a base 330i lost about 12%* in the first year. So if you paid approximately US$44,000 your car in one year (keeping with 2005 figures) would be worth US$38,720. That’s a loss of US$5280. It stands to reason if they discontinue the 330i you may see a slightly faster depreciation. Also, if the 335i is less than a thousand over what the 330i was going for your depreciation may be even more. With that said, I think Wards $7-8 grand depreciation is a close estimate since a 335i will be close to the same cost as a 330i. The biggest thing you will have going is the car is the same body type. People who are buying 330ci's right now with an e46 bodystyle are going to see the largest depreciation when the e92 style (and improved engines) come out in less than a year. The e46 coupes will not only have lesser engines but will also look old - causing desirability to decrease. * KBB values of 2005 330i new and trade-in with avg. 12000 miles. |
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11-20-2005, 11:43 PM | #4 | |
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11-20-2005, 11:51 PM | #5 |
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If the 330 ends production soon, it should be very easy to sell considering the 335i will cost 20% more than the 328i which could be less hp than the 330i. And, by mid 2006, people who want to pay extra for more hp will likely to get the M3. What it means, the 330i residucal value will be very good indeed mainly due to those who want a 4-door , a preowned 330i is the only choice (cheaper, more hp) and mostly they don't want the same price less hp 328i. Of course we have to take into the account that the strong dollar trend means newly imported European cars should in principle cost less.
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11-21-2005, 12:14 AM | #7 |
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$10k is awful a lot for more horsepower I think. I plan to drive my car until warranty is up then trade it in for possibly another 3 or not
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11-21-2005, 12:19 AM | #8 |
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This is why you should lease.
This is why you should lease. This is why you should lease.
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11-21-2005, 12:24 AM | #9 |
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Let's not start a lease vs. buy/finance debate now because both of them have its advantages.
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11-21-2005, 01:02 AM | #10 |
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Pretty easy i think. There will be a lot of consumers waiting for the 3 series to be cheaper then what it is offered for from the factory. And the only way to get that deal is to wait for the cpo or used car market. The 3 series bmw's have held their resale values very well throughout the years.
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11-21-2005, 01:14 AM | #11 | |
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Looking at what occured with the e46 revamp in 2001 there was a depreciation hit but it wasn't overwhleming. Those with the 323 that was replaced with a 325 and those with a 328 that was replaced with a 330 can talk more on this subject. This subject came up several times in this thread: http://www.e90post.com/forums/showthread.php?t=7342 Overall BMWs hold their value and there will always be a market for a 325 or 330. The only used e90's next year will be the 325 and 330. Many people wait until they can purchase a one or two year old BMW instead of buying new and their only options with the new body style will be the 325 and 330's. |
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11-21-2005, 11:40 AM | #12 | |
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-Brett |
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11-21-2005, 02:12 PM | #13 | |
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11-21-2005, 02:20 PM | #14 |
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Selling the 330i to buy a 335i eithin 2-3 years of owbership is a waste of money in my opinion. You'll be selling a rapidly depreciated asset that is in the first couple years of it's usefull life to buy another that is essentially the same (same bodystyle, basic engineering, etc).
The horsepower gains would not be enough to shell out the dough. On the other hand, there is the M3... Drool
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11-21-2005, 02:57 PM | #15 |
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The added would be nice, but I agree with MCS that this would be a big waste of money. An M3 on the other hand is a different ball game that might make it worth it
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01-20-2006, 10:10 PM | #16 |
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It should be easy to sell, but there are no gaurantees as to what the market value will be in time to come. But, thats cars for you.
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01-21-2006, 01:40 AM | #17 |
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With the whole lease vs buy debate you have to realize that in both situations you spend the SAME amount of money in depreciation each year. In a lease that's what your paying plus other misc fees and when you buy you spend/lose that anyway. So in my book its the same thing one you get to keep it the other you just have the option of giving it back. Your paying for an OPTION. Sorry so off topic.
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01-21-2006, 02:01 AM | #18 | |
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01-21-2006, 03:06 AM | #19 |
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It will be very 'easy' to sell the E90 if you ever have a chance to test drive the E90 M3 V8
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