E53 Value...

[SARAFIL]

Originally Posted by Teutonaddict

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

The experience with the 2002 745i was a very unique one... the reaction from the marketplace was a bit mixed, and as a result the initial decline in E38 values was slightly delayed. But rest assured, the value did drop and it did drop hard. I remember one year buying a bunch of 2001 740iL's and paying all the money for them. I also remember over the next year some of those clients coming back with those cars looking to change into something else, and that they had lost abnormally huge amounts of money because the value of that car had dropped by a huge amount within months. To this day, the wholesale value on an average 2002 745Li starts with a "3" and the wholesale value on an average 2001 740iL starts with a "1". That's a big gap...