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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > Canada > Difference in value selling this summer vs next summer



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      07-11-2010, 09:52 AM   #1
stizzi
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Difference in value selling this summer vs next summer

I have my E93 that i put up as a feeler...

If I could sell it this summer for $42K... what do you guys predict to be the value next year? I really want to keep it for another year, this things amazing - but I want to weigh the depreciation and if its something i'd be willing to take...

I'm guessing it will be around $38K next summer... what are your thoughts? I don't mind that loss for 1 year use
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      07-11-2010, 10:34 AM   #2
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Why don't you see what 2006s are going for in the autotrader? That will give you some idea.
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      07-11-2010, 01:44 PM   #3
2kaccordocoupe
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Quote:
Originally Posted by Azorean View Post
Why don't you see what 2006s are going for in the autotrader? That will give you some idea.
Th e93 production started in 2007.

OP: Keep in mind that a new vehicle will take it's greatest hit after year 1 and 3. Starts to level off after that...
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      07-11-2010, 03:13 PM   #4
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Plus with the F30 coming out in not too long, it'll probably go down even more.
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      07-11-2010, 06:40 PM   #5
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If I had to guess I'd say if it is (realistically) worth $42k now, it'll probably be worth 36-38k next summer. To give you an example, my 2007 e92 was worth ~36-37 last year, and it probably worth 32-34 now. Once you hit ~3 years the deprecation starts to level off. If it's a low KM car I don't think you'll take much of a hit in a year. You have a popular car too, AW/coral.
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      07-13-2010, 01:39 PM   #6
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guys, the only thing I hate about is why bimmers go down a lot more than Lexus and other Japanese brand competitors?
are we not one of the best German made?
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      07-13-2010, 01:58 PM   #7
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I will say around another 8% off today's wholesale price ... that would mean your $42K today means $38,000 range
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      07-13-2010, 05:29 PM   #8
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more likely 10% today's value.
if you are seeing $42k, next summer probably -$4200 and more for higher KM on the odometer.
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      07-14-2010, 12:06 PM   #9
NOWIS
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Quote:
Originally Posted by alanchan View Post
guys, the only thing I hate about is why bimmers go down a lot more than Lexus and other Japanese brand competitors?
are we not one of the best German made?
Sure, but it all boils down to supply and demand, and the factors which influence them.

There is a strong perception (rightly or wrongly) that the costs of maintaining older BMW's (or any outside of warranty for that matter), can be prohibitive, so many look to the Japanese brands, which have a reputation for being similar in build quality, but less costly to maintain.

One big thing both Japanese and BMW owners have going for them (in general) is that come the end of the product year, the manufacturers generally don't makes their vehicles available for next to nothing (ala GM and Ford), which kills the re-sale market values of older vehicles.... as the new ones are available for so little!
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      07-14-2010, 12:11 PM   #10
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It depends who's buying it also...dealer or private party
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      07-16-2010, 10:26 AM   #11
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Quote:
Originally Posted by picus View Post
If I had to guess I'd say if it is (realistically) worth $42k now, it'll probably be worth 36-38k next summer. To give you an example, my 2007 e92 was worth ~36-37 last year, and it probably worth 32-34 now. Once you hit ~3 years the deprecation starts to level off. If it's a low KM car I don't think you'll take much of a hit in a year. You have a popular car too, AW/coral.
Totally agree. I've been watching used prices and will put mine up for sale when the lease is up in a couple years.

I'm thinking a 3 year old e93 with low kms should sell (privately) in the low 40s but might take some time.
a 4 year old e93 with low kms in the mid 30s but again might take some time to find a buyer.

AW and coral is a popular colour so you might be able to get $1000 or more just based on popularity.


What's your lease buy-out?
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