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You Don't Need to Know
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A dealer is telling me that my 2018 430 I asked convertible which is a year and a half old is worth $25,500 Trade In is that possible??? It has 38,000 miles


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What does Kelly Blue Book say? :dunno:
 

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Two side to Depreciation

Hello,

There is two sides to depreciation. If you buy new than depreciation on these cars is brutal. You need to know this going in. Some people will only buy new. Because depreciation on these cars is so bad it opens up a fabulous opportunity to buy lightly used. Its a lot more work to buy lightly used as you need to find the right car and do your due diligence. I looked for a while when I bought 1.5 years ago a 2014 435ix with 22k miles and 6 months factory warranty left for $29,500. This car stickered at $58,500. The car was close to as new. I enjoy my car immensely and will not take a huge depreciation hit.
 

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If I was driving 38k miles per year, no way would I buy a new BMW or MB. I’d probably buy a used late model low-mileage Honda like a Civic and just drive it up to 150k.

Problem is that high miles kill German cars on resale. But high miles on a Japanese car, people are like “shrug it’s a Honda it’ll be fine”. Plus highway miles are a cakewalk for any car, so you’re not really risking mechanical issues - it’s all about the per-mile usage cost determined by acquisition and eventual sale/trade price.
 

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They also offered me 25k for my 2015 435i xdrive with mppk, mpe and mpbk and 29k miles, which is only 2k more than what we got for our 2015 328i (27k miles) only 6 months ago when we traded it in for our x5 50i. The salesman called me a week later to ask me if I had reconsidered it, they keep insisting because they make a sizeable profit If their emotional scam succeeds.
 

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This thread reminds me of a couple things. I saw a comment on one of the car blogs after a review of the new 3 series, and the poster said, "Why pay $65k for these when you can pick up one in five years with 45,000 miles on it and pay $10,000" It was a little hyperbolic but pretty close to true. I see lease returns on 340i's for in the mid 30's when they sold at about 60 new just 36 months later. With the unflattering reviews of the new 3 series, buying one new seems to be a really bad proposition. Lease or buy used.

Second, with the aforementioned poor reviews, following a poorly reviewed last generation, depreciation is only going to get worse. For me one of the appeals of getting a BMW was that they were more sport focused, and still offered a manual. Those two advantages are negligible to gone. A CLA 35 AMG is looking superior on paper to a new 3 series at this point.
 

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Most of us here are more focused on user tech, performance, and safety tech where BMW is pretty good at holding an edge.
User tech....don't care.
Performance...except for a nice inline 6 BMW seems more content with a decent 0-60 and Camry like driving experience.
Safety Tech....Like auto braking, self parking, lane keeping, or blind spot monitoring? I can do that myself.


BMW is a just badge now. One that tries to represent everything to everyone while doing nothing particularly great. Reliability? Ultimate Driving Machine? Prestige? Holder of value?

I used to admire BMW's for being enthusiast cars, now they are overpriced badges. They are not up there with the best luxury interiors, they are not the sportiest to drive, I don't know what they want to be and frankly, I think they don't know either. They want mass sales, that's about it. The latest ads are marketing infotainment to millennial buyers, no mention of driving experience. You can get pretty much all of BMW's tech on a run of the mill Mazda 3 these days.

With my Porsche, everything is top notch. Performance, driving experience, reliable, interior and build quality, holds value far better than most cars.

After buying the last 3 series, I would never buy one again and I don't like saying that. I had a wonderful ED experience but the car is mediocre. Sounds like then new generation is too. My car is a very comfortable, quick, weather beating, stylish, efficient four door. It is not a luxury car, nor a real sports sedan in feel or execution. There are tons of those and most depreciate much slower and have far better longevity. Especially if you have an n20/26 timing chain. The 3 series is now an expensive pile of meh.

Mercedes went through a long period of wandering in the wilderness. I think BMW is just at the beginning of a long walkabout.
 

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Even coming from your sexy leather trimmed go kart, you can't compare a BMW ride to a Camry.
Some people call the f30 interior "dated", I think is classic and classy. I also believe there is one way to have a BMW which is nearly or fully loaded.
Porsche mentality is much more minimalist and even more performance oriented, so that makes sense that there is good market for those cars with any build. They are a bit more "auto art" and limited production, with exceptional motorsport history... this helps with the slower or different depreciations. Most of the cars in here are drivers and not art. My $.02
 

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I drive a 2014 BMW 2014 435IX that has mppk and mpe. I really enjoy this car. I like the interior, seating position and quality of most all the materials. Its a great looker. It is built with very tight tolerances and has zero rattles. I think its is put together very well. I enjoy the handling, the transmission is fantastic and the engine is dynamite. It soaks up bumps nicely and handles rather well. It feels great when you push the car and the trans rips off quick shifts. In fact the real bummer is I cant safely exploit the car enough on public roads to fully enjoy it on a regular basis. To much traffic.
I consider myself a definite enthusiast so I dont agree with your broad brush stroke that all BMWs are meh and that they have lost there way. Certain products and models configured specific ways in their line up might not be fantastic but I think you will find that with Mercedes and Audi. It has always been this way. I think comparing them to Porsche is apples to oranges for many reasons. There are a lot of forum members who really enjoy their car. For that matter there is a lot of a non forum members who love their Bimmers!
 

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@Rpickoff I just went thru the drivetrain malfunction fix and after 4 trips to dealer *$3k later the car is back an running fine. new turb, some wiring harness, a oil pump and labor I was ready to call an attorney.
 

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My brother bought a new '17 540 for $74000. He just sold it 6 months ago for $42K. New cars make one want to practice stretching to be ready for an ankle grab.
 

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Hello,

There is two sides to depreciation. If you buy new than depreciation on these cars is brutal. You need to know this going in. Some people will only buy new. Because depreciation on these cars is so bad it opens up a fabulous opportunity to buy lightly used. Its a lot more work to buy lightly used as you need to find the right car and do your due diligence. I looked for a while when I bought 1.5 years ago a 2014 435ix with 22k miles and 6 months factory warranty left for $29,500. This car stickered at $58,500. The car was close to as new. I enjoy my car immensely and will not take a huge depreciation hit.
Roger roger.

There's probably going to be a recession next year. The C8 Corvette intro's in six days. There should be some sweet deals on used C6 and C7 Vettes down the road if you can keep your powder dry. There will be some pissy owners.
 

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Try getting a price from Vroom.com. They have great trade-in rates and in my experience are easy to deal with. I sold a former Hyundai Santa Fe to them. 2K more than a dealer or anyother online service.
 

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Very broad view. Frankly, can be even more than this ...

the value of a new vehicle can drop by more than 20 percent after the first 12 months of ownership. Then, for the next four years, you can expect your car to lose roughly 10 percent of its value annually. This means that a new car can be worth as little as 40 percent of its original purchase price after five years.

Plus a trade in will see a factor on top of this depending on dealer desire etc
 

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Dealers also will give you a terribly low price. They make a HUGE profit on used cars.

Sell to Vroom. Their model appears to be high-volume. I've never had a better trade-in experience. No hassle at all (except sending some paperwork back and forth. But just send FedEx or use Post Office overnight).
 

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I'm in mourning ... BMW RIP

User tech....don't care.
Performance...except for a nice inline 6 BMW seems more content with a decent 0-60 and Camry like driving experience.
Safety Tech....Like auto braking, self parking, lane keeping, or blind spot monitoring? I can do that myself.


BMW is a just badge now. One that tries to represent everything to everyone while doing nothing particularly great. Reliability? Ultimate Driving Machine? Prestige? Holder of value?

I used to admire BMW's for being enthusiast cars, now they are overpriced badges. They are not up there with the best luxury interiors, they are not the sportiest to drive, I don't know what they want to be and frankly, I think they don't know either. They want mass sales, that's about it. The latest ads are marketing infotainment to millennial buyers, no mention of driving experience. You can get pretty much all of BMW's tech on a run of the mill Mazda 3 these days.

With my Porsche, everything is top notch. Performance, driving experience, reliable, interior and build quality, holds value far better than most cars.

After buying the last 3 series, I would never buy one again and I don't like saying that. I had a wonderful ED experience but the car is mediocre. Sounds like then new generation is too. My car is a very comfortable, quick, weather beating, stylish, efficient four door. It is not a luxury car, nor a real sports sedan in feel or execution. There are tons of those and most depreciate much slower and have far better longevity. Especially if you have an n20/26 timing chain. The 3 series is now an expensive pile of meh.

Mercedes went through a long period of wandering in the wilderness. I think BMW is just at the beginning of a long walkabout.


Porsche is the final stand

I have enjoyed the E34 and E36 ... rides... I own one of each.. a 1995 E34.. and a 1998 E36
For the last 12 years I have nursed these cars.. the run and drive and are reasonable backyard mechanic fixable..E34 parts are waning.. the E36 I have a 96 donor car, I get asked constantly where to find a E36... they are becoming harder to find on Craigslist and Facebook Marketplace.. I have been looking at a 1989 911.. fixer-upper for 12500 ... But the motorcycle still is my gofast choice..
 

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Doyou mean by solidifying the value used on the 3? Lexus going to depreciate at a slower rate.
Most of us here are more focused on user tech, performance, and safety tech where BMW is pretty good at holding an edge.
Solidifying the value??? :yikes: doubletalk....
 
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