E53 Value...

[Teutonaddict]

Originally Posted by SARAFIL

I'm a Used Car Manager for a BMW dealership. I appraise and buy BMWs every day, so I'm pretty good with BMW values. In the past several months, I have noticed X5 values start to drop, but it has not been all that dramatic.

...This is quite different from experience with the E38-E65 and E39-E60 changeover. In both of these cases, continuing to date, the old bodystyle have continued to drop in value significantly. A late production example of the E38 or E39 has taken a huge hit in resale in the past few years. I'm predicting that this will not happen on the E53, at least not in a major way.

Good info, Sarafil. Thanks for the insight!

I experienced the E39 drop first-hand, when I sold my '00 M5 this past December. The E38 story was just a little bit different, however, as at least during the initial MY02 period the E38s were showing a 2-3K increase at auction. Once the E65 shock and awe factor wore off, I know the E38s showed a more typical changeover decline.

-Dave