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      12-03-2009, 12:49 PM   #1
Jason
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Thumbs up BMW Models Praised for Resale Value (1-series, M3, X5) by KBB and ALG

BMW MODELS PRAISED FOR RESALE VALUE

  • 03.12.2009
  • Press Release

Kelley Blue Book and ALG Announce Winners on Eve of Los Angeles Auto Show.


Woodcliff Lake, New Jersey, December 2, 2009… BMW announced today that it has won two Best Resale Value awards from Kelley Blue Book and a Residual Value Award from ALG. The BMW 1 Series won the ALG Residual Value Award in the Near Luxury Car category. The BMW X5 xDrive35d Advanced Diesel was named Best Resale Value in its class by Kelley Blue Book’s kbb.com, and the 2010 BMW M3 is one of the Top 10 cars with Best Resale Value according to Kelley Blue Book’s kbb.com.


“BMW drivers are loyal to the brand not only because of the exceptional driving experience their vehicles provide, but because of the remarkable ease of ownership afforded by BMW Ultimate Service®,” said Robert Frisch, Vice President, Western Region, BMW of North America. “Ultimate Service helps ensure BMW vehicles are serviced properly and on-schedule for the first four years, boosting the resale value and desirability of each BMW in the used vehicle marketplace.”


ALG determines the award winners after carefully studying the competition in each segment, historical performance, and industry trends. Vehicle quality, production levels relative to demand, and pricing strategies are among the key factors that affect ALG’s residual value forecasts. Winning vehicles in each segment are predicted to retain the highest percentage of their original price after a conventional three-year period. Since 2007, BMW models have won five ALG Residual Value Awards.


The Kelley Blue Book Best Resale Value Awards recognize automakers' outstanding achievements in producing vehicles that best retain their value. In addition to the mainstream and luxury brands with the best projected resale values across their entire vehicle lines, awards are presented to top vehicles within 16 vehicle categories and for the overall top 10 vehicles across all categories. With these two latest honors, BMW has garnered a total of 14 Kelley Blue Book Best Resale Value Awards since the awards were established in 2003.


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      12-03-2009, 01:12 PM   #2
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damn that awesome keeping bmw luxurious!!!!!
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      12-03-2009, 01:14 PM   #3
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      12-03-2009, 01:30 PM   #4
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What??? No 335??? LIES!!!!

lol.
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      12-03-2009, 01:52 PM   #5
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Sweet. Congrats bmw!
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      12-03-2009, 02:02 PM   #6
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      12-03-2009, 02:12 PM   #7
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What a croc....2010?...have any even re-sold??....
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      12-03-2009, 02:23 PM   #8
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Quote:
Originally Posted by Reedomn View Post
What a croc....2010?...have any even re-sold??....
lol, thats what i thought when i read it..'10 are probably just delivered recently, forget selling them
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      12-03-2009, 03:12 PM   #9
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uh not really bmw was offering 42~43k for my 2008 m3 6mt with 10k miles...
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      12-03-2009, 03:20 PM   #10
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      12-03-2009, 03:48 PM   #11
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Quote:
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uh not really bmw was offering 42~43k for my 2008 m3 6mt with 10k miles...
trade in value != resale value
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      12-03-2009, 04:14 PM   #12
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Quote:
Originally Posted by novablackm3 View Post
uh not really bmw was offering 42~43k for my 2008 m3 6mt with 10k miles...
Most 60k cars won't get you that two years into ownership. And remember the dealer is going to sell the car so they are going to offer you a good 5-6k below what you could sell it yourself for.
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      12-03-2009, 09:54 PM   #13
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Quote:
Originally Posted by novablackm3 View Post
uh not really bmw was offering 42~43k for my 2008 m3 6mt with 10k miles...
scum bag lying car salesman. Can't stand them
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      12-03-2009, 09:55 PM   #14
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      12-04-2009, 04:57 AM   #15
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I am highly suspicious of KBB's resale ratings. On a per model basis I think it's a croc of shit, typically overvalued by 3-5k. Perhaps on a relative term BMW as a brand does hold higher value against other brands. I was shopping for an preowned car a month ago and KBB's price is always few thousand dollars higher than the market price.
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      12-04-2009, 09:52 AM   #16
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I absolutely love my 2010 X5 35d - it is truly awesome and now that I have BMW clean diesel power I will never go back to gasoline if I can help it. My wife's 2009 Z4 35i is an amazing vehicle in its own right but I am now use to low end torque with no real need for lots of gear changes and high revs. Not to mention that the X5 gets better gas mileage than a 2 door, 7 speed DCT car in combined mileage.
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