E90Post
 


Extreme Power House
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > General Automotive (non-BMW) Talk + Photos/Videos > Minimizing depreciation?



Reply
 
Thread Tools Search this Thread
      01-03-2013, 07:58 PM   #1
E90OR
Private
E90OR's Avatar
1
Rep
86
Posts

 
Drives: bmw
Join Date: Mar 2009
Location: or

iTrader: (4)

Minimizing depreciation?

Looking for a new car, but only need it 1-2 years. What can I buy for $70,000 today that will get the most money back when it is time to sell?
Appreciate 0
      01-03-2013, 08:14 PM   #2
Tsuyoi
Lieutenant
10
Rep
561
Posts

 
Drives: 2013 F30 328i
Join Date: Nov 2012
Location: New York

iTrader: (0)

Why not do a 2 year lease?
Appreciate 0
      01-03-2013, 09:41 PM   #3
son_of_siggy
Lieutenant
5
Rep
435
Posts

 
Drives: CTS-V
Join Date: Jul 2011
Location: United States

iTrader: (0)

Quote:
Originally Posted by E90OR View Post
Looking for a new car, but only need it 1-2 years. What can I buy for $70,000 today that will get the most money back when it is time to sell?
$45k in bonds and 25k in a new mini. I can't think of a $70k new car that holds its value particularly well.
Appreciate 0
      01-03-2013, 10:21 PM   #4
shivaswrath
Brigadier General
shivaswrath's Avatar
United_States
43
Rep
3,144
Posts

 
Drives: 2012 335i
Join Date: Apr 2008
Location: Lost in NJ

iTrader: (3)

Quote:
Originally Posted by son_of_siggy View Post
$45k in bonds and 25k in a new mini. I can't think of a $70k new car that holds its value particularly well.
or $55k muni bonds and 15k used BRZ.
__________________
2012 335i Mineral Gray
M Performance Whore: PPK|Exhaust|Brakes|Performance Suspension Struts & Springs|LSD|Black Kidney Grilles|CF Spoiler and Mirror Caps|Bav Stage 1|400Ms|BMWF30.com
Appreciate 0
      01-03-2013, 10:34 PM   #5
GammaZeta
Captain
12
Rep
856
Posts

 
Drives: 1
Join Date: Jun 2011
Location: Ma

iTrader: (1)

Quote:
Originally Posted by E90OR View Post
Looking for a new car, but only need it 1-2 years. What can I buy for $70,000 today that will get the most money back when it is time to sell?
Few problems here:

1. You are looking for a NEW car. You should be looking for a USED car if you want to minimize depreciation.

2. The more expensive the car, the greater the depreciation.

3. Why do you only need a car 1-2 years? Moving? Planning on living off the grid? Joining the Amish community in 2015?
Appreciate 0
      01-03-2013, 11:11 PM   #6
E90OR
Private
E90OR's Avatar
1
Rep
86
Posts

 
Drives: bmw
Join Date: Mar 2009
Location: or

iTrader: (4)

Quote:
Originally Posted by GammaZeta View Post
Few problems here:

1. You are looking for a NEW car. You should be looking for a USED car if you want to minimize depreciation.

2. The more expensive the car, the greater the depreciation.

3. Why do you only need a car 1-2 years? Moving? Planning on living off the grid? Joining the Amish community in 2015?
I know these things. I should have specified new/used is ok. As for #3, all of the above, and then some!

Just looking for car suggestions, but thanks all for the financial tips. Let's just say this is a 'safe' budget we are working with. What cars?
Appreciate 0
      01-03-2013, 11:58 PM   #7
GammaZeta
Captain
12
Rep
856
Posts

 
Drives: 1
Join Date: Jun 2011
Location: Ma

iTrader: (1)

So basically you're looking for a car for $70,000.

You can buy:

Ford Pinto
E92 M3
Aston Martin V8
Honda Civic
Harley Davidson
Chevy Volt
Corvette C7
Boss 302 Mustang
Plymouth Minivan
Ariel Atom
Beck Spyder
Mercedes SL500
Audi TT
BMW Z4M
BMW Z3M
997 911
Ford Crown Victoria
Suburu WRX
Nissan Altima
996 911
Chevy Suburban
Prius
993 911
Cayenne
Hyundai Sonata
Boxster
Buick Lesabre
Nissan 370Z
Ford Escape
Trailblazer
Nissan 350Z
Appreciate 0
      01-04-2013, 12:23 AM   #8
E90OR
Private
E90OR's Avatar
1
Rep
86
Posts

 
Drives: bmw
Join Date: Mar 2009
Location: or

iTrader: (4)

You missed the most important part of the question, which one will retain most value after 1-2 years?
Appreciate 0
      01-04-2013, 12:31 AM   #9
GammaZeta
Captain
12
Rep
856
Posts

 
Drives: 1
Join Date: Jun 2011
Location: Ma

iTrader: (1)

Quote:
Originally Posted by E90OR View Post
You missed the most important part of the question, which one will retain most value after 1-2 years?
You still don't get it, do you?

Do you need a weekend car? Do you need a family transporter? Do you drive it in the city? Do you drive it in the suburbs? Do you care about fuel economy? Do you care about performance?

If you only care about depreciation, then the other posters already answered your question.

I would highly suggest a used 10 speed bicycle from 1983 as your primary mode of transportation if you only care about depreciation.
Appreciate 0
      01-04-2013, 02:59 AM   #10
E90OR
Private
E90OR's Avatar
1
Rep
86
Posts

 
Drives: bmw
Join Date: Mar 2009
Location: or

iTrader: (4)

Quote:
Originally Posted by GammaZeta View Post
You still don't get it, do you?

Do you need a weekend car? Do you need a family transporter? Do you drive it in the city? Do you drive it in the suburbs? Do you care about fuel economy? Do you care about performance?

If you only care about depreciation, then the other posters already answered your question.

I would highly suggest a used 10 speed bicycle from 1983 as your primary mode of transportation if you only care about depreciation.
Sorry but you're the one who doesn't get it. I just wanted a list of cars that people think would hold value well. Obviously I know cars are just about the worst investment from a financial standpoint. I purposely did not include details hoping that people would leave a variety of suggestions without patronizing. I was hoping to generate many ideas from other drivers since last I checked, this is a car forum with other driving enthusiasts. So much for that idea. But since you need specifics, assume we're looking a performance-oriented DD, 2-4 doors ok, prefer no convertibles, fuel economy in double digits. Any other questions?

So I ask again, what are some cars will suffer the least depreciation least in 1-2 years?

Last edited by E90OR; 01-04-2013 at 05:14 AM.
Appreciate 0
      01-04-2013, 08:00 AM   #11
GammaZeta
Captain
12
Rep
856
Posts

 
Drives: 1
Join Date: Jun 2011
Location: Ma

iTrader: (1)

Here ya go:

Honda Fit
The Fit is one of Honda's newest entries in the sub-compact market, and it is already winning followers. Honda offers several variations of the Fit, including a standard model, sport model and sport with navigation model. You can choose either the manual or automatic transmission. It comes standard with side-curtain airbags, ABS brakes and power windows. The Fit was named a top safety pick by the IIHS. With a manufacturer's suggested retail price (MSRP) between $15,325 and $16,860, it gets 33 mpg/hwy and 27 mpg/city. The Fit's residual value after five years is approximately $9,200.

Now go buy a Honda Fit.
Appreciate 0
      01-04-2013, 08:27 AM   #12
KingOfJericho
Major General
KingOfJericho's Avatar
United_States
95
Rep
5,192
Posts

 
Drives: Yes
Join Date: Aug 2007
Location: CT

iTrader: (1)

Garage List
2010 135i Coupe  [2.63]
This question is impossible to answer without the specifics you just mentioned so there's really no reason to get bent out of shape. If history is any indication, you should pick up a BMW 1M, 2001-02 Z3M Coupe, late year Acura NSX, ,993TT or 993C4S. They are all holding their value extremely well. A car must be a limited or out of production model in order to judge the depreciation (& scarcity).
__________________
The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost.

2010 S4 Current | 2010 BMW 135i Retired | 2006 Lotus Exige Retired
Appreciate 0
      01-04-2013, 08:31 AM   #13
SJ00
Major
SJ00's Avatar
Australia
23
Rep
1,279
Posts

 
Drives: F30
Join Date: Nov 2012
Location: Gold Coast

iTrader: (0)

if youre only planning to drive it for 1-2 years, just get a used toyota camry. they only cost like 5k, and after a year you can probably sell it for 4.5k..

if you're so worried about depreciation, spending 500 bucks in 2 years must make you a very happy man.
Appreciate 0
      01-04-2013, 10:49 AM   #14
ptack
Brigadier General
ptack's Avatar
United_States
47
Rep
4,267
Posts

 
Drives: 135i
Join Date: May 2008
Location: NJ

iTrader: (0)

Garage List
2008 135i  [3.00]
What is the car for, a DD, an investment, a prop?
Are you worried about all costs or just the purchase cost?

Sounds like you need to think this through a lot more. If you only need a car to drive for a short time and want to save money you should get a used car and if saving money is really important than you should probably buy a modest, used Honda that will likely be very low in maintenance, gas and insurance.
__________________
135i, SGM, Coral, Sport Package, Auto, Premium Hifi, USB/ipod, Apex EC-7s, PPK Stage II
Appreciate 0
      01-04-2013, 12:12 PM   #15
CAPSGOD
Major
19
Rep
1,136
Posts

 
Drives: Diesel Son
Join Date: Feb 2011
Location: #yolo

iTrader: (0)

This one is easy. You may not like the answer though. Toyota Landcruiser. Maybe a Cayenne Diesel.

Last edited by CAPSGOD; 01-04-2013 at 12:39 PM.
Appreciate 0
      01-04-2013, 01:04 PM   #16
Sedoy
Second Lieutenant
8
Rep
274
Posts

 
Drives: E53 X5
Join Date: Jun 2011
Location: New England

iTrader: (0)

For that price I would say get low mileage used 2010 Porsche Panamera V8 or used 2012 MB CLS550. Both amazing machines for that price and should depreciate slower than other very road common premium cars like 3-seies/5-series, E-class, GS350 etc.
Appreciate 0
      01-04-2013, 01:36 PM   #17
BlackJetE90
Colonel
36
Rep
2,501
Posts

 
Drives: E90
Join Date: Jul 2007
Location: e90

iTrader: (0)

Start looking for a slightly used RS5.

RS model Audis hold their value very well compared other German cars. All about cars with limited production.
Appreciate 0
      01-04-2013, 03:09 PM   #18
E90OR
Private
E90OR's Avatar
1
Rep
86
Posts

 
Drives: bmw
Join Date: Mar 2009
Location: or

iTrader: (4)

Thanks, all great ideas. I know it's an open question, that's the point!
Appreciate 0
      01-04-2013, 03:12 PM   #19
E90OR
Private
E90OR's Avatar
1
Rep
86
Posts

 
Drives: bmw
Join Date: Mar 2009
Location: or

iTrader: (4)

What about the G-wagens? Ugly as sin but sell for ungodly money.
Appreciate 0
      01-04-2013, 03:16 PM   #20
KingOfJericho
Major General
KingOfJericho's Avatar
United_States
95
Rep
5,192
Posts

 
Drives: Yes
Join Date: Aug 2007
Location: CT

iTrader: (1)

Garage List
2010 135i Coupe  [2.63]
They're $110K new but roughly 1/3 of that in a few years.
__________________
The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost.

2010 S4 Current | 2010 BMW 135i Retired | 2006 Lotus Exige Retired
Appreciate 0
      01-06-2013, 09:43 PM   #21
bulldog x6
Major General
65
Rep
5,022
Posts

 
Drives: x6 panzer
Join Date: Oct 2008
Location: probably work

iTrader: (28)

you are better off leasing for that short of a time period - in fact, your best bet would be to look at something like leasebusters
Appreciate 0
      01-07-2013, 08:14 PM   #22
Mr. Liu
First Lieutenant
Mr. Liu's Avatar
5
Rep
304
Posts

 
Drives: 2011 AW/FR E90 M3
Join Date: Jul 2010
Location: Los Angeles, CA

iTrader: (0)

G wagons hold their value very very well, but they are out of your 70k budget range unless you find an 06-07 with average mileage on it. My father's 08 G55 purchased in 2010 at 90k is still worth 80-85k today.
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 12:00 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST