the resale value and trade in on these cars suck

[hawkm3]

I didn't own one car after another, I've owned two cars at a time, please I don't wanna hear the whole your daddy's money blah blah because I started an ag contracters firm when I got out of high school with my dad and branche'd out when i finshed college and did my own thing. However I owned the evo and most cars for on average of 3 years, that being said, I believe bmws still don't hold value worth nothing, explain to me why an e92 m3, a 80k car can now be picked up for 25-35k, or why an older 7 series can be picked up for 15k when they were like 100+ orginally, they are great cars and I love to drive mine however I'll still stick to what I think, bmws can hold value at all. Now I'm not saying I look at cars as an investment, not at all, of course I know they lose value through the years, I know how the world works, but in all honestly I don't plan on buying another bmw for a long time. And on that bombshell I'll end my venting/rant, on to building the 1er.

[Diver]

24 and owned 6 cars already, it takes all types to make a world. IMO, my 1'er is worth somewhat less than I anticipated, but in the end it will not make much difference.

[Hops128i]

Well, i'm kinda of liking the idea of low resale value as i'm considering another e90 or e82. There's the preception that anything BMW is crazy expensive to own. That might be true with an older 7 series, but went on automd compared the a 2010 3 series to a 2010 honda accord for repairs like, struts, shocks, brakes, starter replacment, and while the bmw is more expensive, it was like 20-25% more. And yeah, there's probably more that's going to break on a bmw, but i do wonder, is it really that much more to justify the resale difference, or is there more a preception driving the difference.

[zx10guy]

Wouldn't someone that likes to rotate through cars and worries about resale value be better served by leasing?

[NYHoustonman]

Originally Posted by hawkm3

I believe bmws still don't hold value worth nothing, explain to me why an e92 m3, a 80k car can now be picked up for 25-35k

Compared to what?

As we both know, the E92 M3 started right around $60k, and you'll only find well-used examples in the $25-35k range. 'Good' cars still fetch $40k+. Not bad for a fairly common car.

[Kgolf31]

Originally Posted by hawkm3

I didn't own one car after another, I've owned two cars at a time, please I don't wanna hear the whole your daddy's money blah blah because I started an ag contracters firm when I got out of high school with my dad and branche'd out when i finshed college and did my own thing. However I owned the evo and most cars for on average of 3 years, that being said, I believe bmws still don't hold value worth nothing, explain to me why an e92 m3, a 80k car can now be picked up for 25-35k, or why an older 7 series can be picked up for 15k when they were like 100+ orginally, they are great cars and I love to drive mine however I'll still stick to what I think, bmws can hold value at all. Now I'm not saying I look at cars as an investment, not at all, of course I know they lose value through the years, I know how the world works, but in all honestly I don't plan on buying another bmw for a long time. And on that bombshell I'll end my venting/rant, on to building the 1er.

So that's why I bought my Z4M for $26k back in 2010 and it's worth more currently with 10k more miles on it?

Got it.

[3002 tii]

Originally Posted by NYHoustonman

Compared to what?

As we both know, the E92 M3 started right around $60k, and you'll only find well-used examples in the $25-35k range. 'Good' cars still fetch $40k+. Not bad for a fairly common car.

Agree, you'll find 08-09's with light options for around 40k. These cars probably retailed at 60-65k 6 years ago. 4k/yr depreciation isn't that bad.