View Single Post
Old 12-05-2012, 06:43 AM
BryanCO BryanCO is offline
Officially Welcomed to the 'Fest
Location: Colorado Springs
Join Date: Mar 2012
Posts: 164
Mein Auto: E46 M3
Originally Posted by jashearer View Post
So your deal was closer to $0.50/mile depreciation.

MSRP $64k - $10k (rebates/$500 over invoice) = $54k original purchase price

$54k - $5-6k ($0.50/mile) = $49-48k.

Is that fair?

Ya, doing the math with the 'Ard' formula, we would be about $0.45/mile. For us, used made more sense as I could'nt find 10k off around CO or neighboring states and used made it easier for us to purchase and lic it in such a manner to avoid tax. Also, our upper price limit was $50k and made the trade off between slightly used or a base new (and getting to $50k still didn't look likley).
'06 M3 Silver/Gray
'11 X5 35d Sparkling Bronze/Oyster
'88 M3 Silver/Black, 47k Miles, Stock, Garage Queen...
Reply With Quote