Quote:
Originally Posted by Feyd
You don't buy new cars as an investment... at least not in th 30-50k range so depreciation is the name of the game.
My 2008 135 has depreciated at a friggin' alarming rate. It's pathetic honestly... trying to sell it now and it's just terrible.
|
I'm kind of confused, when people buy a car 2-3 years old (or sell it in this case), what are you expecting the drop in resale value to be? A car loses its biggest chunk of resale value in the first few years (or seconds for that matter when leaving a dealer lots). I was recently shopping (and got a BMW 335xi) and after comparing literally 16 different cars in the same range/category/class, the BMW had by far the best residual (based on resale value for the most part). So yes, KBB is absolutely right. However, don't mention your experience of buying or selling a 2-3 yr old car without comparable figures for the competition, doesn't really make too much sense since you have a sample size of 1...you.