E90Post
 


GetBMWParts
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Getting killed on the value of my 335



Reply
 
Thread Tools Search this Thread
      10-15-2012, 09:35 AM   #23
Kolyan2k
Major General
411
Rep
5,381
Posts

Drives: 2006 S2000
Join Date: Apr 2010
Location: Boston

iTrader: (1)

Quote:
Originally Posted by ChasVS View Post
You're just throwing money away when you sell with CPO. You pay for that in the cost of the car when you buy it, then lose a portion of it when you sell. You need to subtract that cost from your sale price to determine how much of a loss you took on the sale.
I never paid for CPO to begin with.....on any of my cars
Appreciate 0
      10-15-2012, 10:00 AM   #24
The X Men
Colonel
77
Rep
2,323
Posts

Drives: 2013 X3 35i
Join Date: Mar 2012
Location: MA

iTrader: (0)

If you are worring about taking a hit on the value of your car, the best thing to do is to keep it. If you keep trading in your car every few years, you will lose most of the value on your cars.
Appreciate 0
      10-15-2012, 10:12 AM   #25
ragingclue
One cam is enough
ragingclue's Avatar
98
Rep
6,812
Posts

Drives: VF
Join Date: Oct 2008
Location: mulletville

iTrader: (1)

Like others have pointed out, the longer you keep it, the less damage is done. The newer it is when you buy it, the steeper the curve.

If your only motivation to trade the car in is that you are worried about depreciation, you're thinking about it backwards. Just enjoy your car.
Appreciate 0
      11-03-2012, 10:50 AM   #26
mitmoht
Not new member anymore, couple months-old member
Canada
3
Rep
72
Posts

Drives: 2011 335i Xdrive
Join Date: Apr 2011
Location: Mississauga

iTrader: (0)

As many people have mentioned, cars are not investments and thus will rarely increase in value. If you use it, the value will drop. Additionally, cars are still being manufactured and improved and thus are not in limited supply. Property is finite thus value can increase based on supply and demand.
__________________
2011 335i X-drive sedan 6MT/ BS/ ZSP/ Chestnut brown leather/ tint 35%/20%, Lux H8 V3
Appreciate 0
      11-03-2012, 11:29 AM   #27
N55
ⒸⒺⓇⓉⓘⒻⒾⒺⒹ✬ⓃⒾⓃⒿⒶ
United_States
130
Rep
1,474
Posts

Drives: 🚀
Join Date: Nov 2010
Location: Pittsburgh

iTrader: (3)

Garage List
If you want a car that doesn't depreciate as fast, go with a Honda...

I was just out looking at Hondas with a friend and the used ones were only 3k cheaper than the new ones. 2010-12 10k-15k miles vs 2012....
__________________
2008 335xi E90 Alpine White - Sold - 8/19/10 > 2011 335xi E90 Jet Black - Sold - 6/27/12 > 2012 335IS E92 Crimson Red - SOLD 3/15/15 > 2015 M4 Yas Marina Blue Current

Appreciate 0
      11-03-2012, 11:46 AM   #28
E90Brad
Second Lieutenant
E90Brad's Avatar
Canada
19
Rep
263
Posts

Drives: SQ5
Join Date: Apr 2011
Location: Canada

iTrader: (3)

It could be worse, you could be a Canadian. 08 335xi with 22000kms (divide by 1.6) cost me about $45k in 2010. Now it's worth between $18 - $21k with 140,000 Kms.

It has been (and still is) a blast to drive though
__________________
I shoot video in Calgary. Contact me if you need anything.

https://www.youtube.com/channel/UCNU...Q3Jp5G4lSkGdKQ
Appreciate 0
      11-03-2012, 12:01 PM   #29
cvc 22349a
Colonel
cvc 22349a's Avatar
United_States
114
Rep
2,486
Posts

Drives: 335i
Join Date: Sep 2007
Location: SF Bay

iTrader: (11)

OP: Sell the car and buy a new one every 2 years. Keep the economy going At least you didn't buy it new like I did. By the time I need a new motor or tranny, the parts and labor will cost more than the car will be worth
__________________
2007 E90 335i, TiAg, 6AT, ZPP, ZSP, ZCW, 6FL, HD
Quaife lsd, ETS fmic, GIAC s/w, Dinan intake/exhaust/oc, Koni/M3 susp, Apex Arc 8, Mich PSS
Appreciate 0
      11-03-2012, 12:21 PM   #30
Zero.7
Colonel
Zero.7's Avatar
69
Rep
2,415
Posts

Drives: F30 340i AW M-Sport
Join Date: Sep 2009
Location: SOCAL

iTrader: (6)

Quote:
Originally Posted by VTECaddict;12837358[B
]If you trade in for another car, the other car is just going to depreciate as well. Especially if you trade up to a newer model. The newer the car, the greater the depreciation will be.[/b] If you like your car, keep it. You rarely save money in the long run by trading cars, unless you're going to be downgrading to a cheaper or older car.
This ^^^

It's a losing battle really. I've been there and have done that. You can minimize the loss of course by trying to get the best deal possible when you buy the car initially. Echoing everyone else's sentiments, just enjoy driving the heck out of her. You've had her for only a short time and already thinking about selling/trading?
__________________

'16 f30 AW 340i M-sport
8-speed Auto
BMW ///M Performance Power and Sound Kit with Carbon Tips / Gloss Black Performance grilles
Appreciate 0
      11-03-2012, 10:18 PM   #31
335BBS
Brigadier General
Canada
50
Rep
3,606
Posts

Drives: 2009 335 coupe.
Join Date: Jan 2010
Location: Toronto, Ontario

iTrader: (0)

Quote:
Originally Posted by Jace_91 View Post
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.
I would get rid of it as fast as you can. There are thousands of these things around. Unfortunately BMW GIVES them away at the end of every year thus devaluing existing cars. The new 4 series is coming and that combined with brutal reliability and expensive service on current 3 series will only drive prices down...in my opinion.
Appreciate 0
      11-03-2012, 10:20 PM   #32
335BBS
Brigadier General
Canada
50
Rep
3,606
Posts

Drives: 2009 335 coupe.
Join Date: Jan 2010
Location: Toronto, Ontario

iTrader: (0)

Quote:
Originally Posted by E90Brad View Post
It could be worse, you could be a Canadian. 08 335xi with 22000kms (divide by 1.6) cost me about $45k in 2010. Now it's worth between $18 - $21k with 140,000 Kms.

It has been (and still is) a blast to drive though
My 09 (on road on Jan 2010) with 83,000 kms (51,000 miles) is worth about $25,000. Perfect shape and has everything but nav. List was $60,000ish.
Appreciate 0
      11-04-2012, 02:59 AM   #33
2M
Colonel
2M's Avatar
United_States
349
Rep
2,164
Posts

Drives: Mineral Grey M2
Join Date: Sep 2009
Location: New York

iTrader: (2)

Yeah it sucks. You paid way to much for an 08 though, it should have been a fully loaded w/ every possible option CPO vert for that price. Anyways, it doesn't matter anymore, just enjoy your car.
__________________
E9X Picture Game: 8 points: (High visibility jacket; Strip Club; Pizzeria; Sobriety Test; E9x dressed for Halloween, Billiards, Oil Change, Orange Cone)
Appreciate 0
      11-04-2012, 03:54 AM   #34
fazman
Brigadier General
United_States
594
Rep
3,608
Posts

Drives: 335 e90
Join Date: Feb 2011
Location: Los Angeles

iTrader: (0)

Enjoy the car, get to FBO level like I have with my 2008 335xi and you will never want to sell it. I just can't stop modding this car, it's so much fun!!!

Plus you have an N54!!!! You can do a lot more with it then the N55's. Who knows, you might be kicking yourself in a few years like all those people who sold their '93+ 6-speed turbo supra's after their 3 year leases were up back in the days! All I can say is, my car has an 8yr/80k miles warranty on the stock turbo's (Then its time for some RB Turbo's), CPO till Nov '13, and 10yr/120k warranty on the HPFP. Other then that... all I need to do is change the battery when it dies and change the water pump when it dies (everything else is rock solid or a simple DIY that someone else has written up already).

- Faz
Appreciate 0
      11-08-2012, 07:04 PM   #35
E90Brad
Second Lieutenant
E90Brad's Avatar
Canada
19
Rep
263
Posts

Drives: SQ5
Join Date: Apr 2011
Location: Canada

iTrader: (3)

Quote:
Originally Posted by Alpine3 View Post
Yeah it sucks. You paid way to much for an 08 though, it should have been a fully loaded w/ every possible option CPO vert for that price. Anyways, it doesn't matter anymore, just enjoy your car.
I am Albertan, we pay a bit more for some reason. I am looking for a CPO right now and I've found prices are always cheaper in Ontario and Quebec.... economy of scale perhaps, I'm not sure

I checked the invoice, just under $43 all in for the 08 CPO in 2010. It has everything but Nav
__________________
I shoot video in Calgary. Contact me if you need anything.

https://www.youtube.com/channel/UCNU...Q3Jp5G4lSkGdKQ

Last edited by E90Brad; 11-08-2012 at 07:05 PM. Reason: deleted rape reference
Appreciate 0
      11-08-2012, 08:43 PM   #36
tphss
das Eichhörnchen
tphss's Avatar
United_States
18
Rep
248
Posts

Drives: e92 M3 ESS SC, C63 AMG P30
Join Date: Oct 2012
Location: Miami

iTrader: (0)

If you are only worried about depreciation I would say get a lease. I think leasing a car if you have good credit is worth it in many cases.

You don't have to worry about many things, car under warranty, and over the course of 3 years the money you pay is more or less the depreciation you would have if you were to buy the car. Plus many times they give you $500-$1000 in small damages and dings you can turn the car in with.
Appreciate 0
      11-08-2012, 08:51 PM   #37
username604
Colonel
username604's Avatar
United_States
96
Rep
2,555
Posts

Drives: bmw
Join Date: Sep 2010
Location: repair shop

iTrader: (0)

Garage List
2008 BMW 335i  [5.00]
Quote:
Originally Posted by overheadvalve View Post
I hate to tell you this but the value drop you see compared to what you paid is because you paid too much for the car to start with. Im sure the dealer had quite a "premium" on the car because of the low mileage and CPO but the purchase price was way over retail. I bought my 2011 from a dealer in May 2012 with 5800 miles and gave 1K more than you did. They do depreciate but the closer you can buy to wholesale (invoice if buying new) the less hit you take.
THIS
Appreciate 0
      11-08-2012, 08:56 PM   #38
D's Bimmer
Major
Canada
114
Rep
1,380
Posts

Drives: 2016 340 Xi
Join Date: Nov 2011
Location: Toronto

iTrader: (1)

Quote:
Originally Posted by Jace_91 View Post
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.
__________________
2016 340Xi M-Sport Sedan | BMW M Performance Exhaust l APEX SM-10 Wheels
Appreciate 0
      11-08-2012, 09:10 PM   #39
gds52
Colonel
gds52's Avatar
342
Rep
2,201
Posts

Drives: BMW Z4M Coupe, BMW 328i E93 Co
Join Date: Oct 2011
Location: NJ

iTrader: (0)

Quote:
Originally Posted by Jace_91 View Post
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.
you benefited from a price drop and bought a 8k miles car for $36k....how about that !!!
Stop worrying and enjoy your car
Appreciate 0
      11-08-2012, 09:28 PM   #40
tphss
das Eichhörnchen
tphss's Avatar
United_States
18
Rep
248
Posts

Drives: e92 M3 ESS SC, C63 AMG P30
Join Date: Oct 2012
Location: Miami

iTrader: (0)

Quote:
Originally Posted by gds52 View Post
you benefited from a price drop and bought a 8k miles car for $36k....how about that !!!
Stop worrying and enjoy your car
Yep +1
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


All times are GMT -4. The time now is 07:27 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2018, 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