Quote:
Originally Posted by Jace_91
I bought my CPO 2008 335 coupe April 2011 for $36k with 8000 miles, now I definitely don't regret it as I love the car but now the value has dropped on the car a lot. Should I sell/trade in the car while its still worth a decent amount and covered under CPO, or will the value level out and stop dropping so quickly.
|
Value and Car do not go together.
Appreciating expense and Car do however.....
The problem for all of us driving BMW's is that while the company continues to set sales records, they are flooding the marketplace with BMW's to the point where they are like Honda's. This creates a problem in the resale market and that is a major reason why BMW across the board has experienced lower residual values. You see it in lower residual calculations on BMW leases now and a flood of used ones for sale.