2005 X5 4.8 depreciation

[pm_wizard]

In the end if you try to sell a previous model 4.8is it becomes a matter of finding that perfect buyer who understands what they are being shown and is willing to pay up. It may take longer and require more patience to sell it. I suspect that 3 -5 years on the buyer just sees the 4.8 as a previous model BMW with lots of options, and what a good deal he is getting. So the hit on a 4.8 is probably bigger than we expect. I better keep mine a LONG time.

John

[rangerfan]

Interesting discussion and some valid points. But if you are interested in the amount of depreciation you should expect on your depreciating asset, you spent more than you should have and should be driving a different car. A car is generally the most expensive depreciating asset a person will buy. Go buy a Honday Accord and enjoy the slowly depreciating asset.

You cannot focus solely on the sale price of the used car. You also have to consider how you paid for the car at the start, what the interest rate was, how much you are losing not being able to use the additional money you spent on the car, etc.... This is an emotional purchase, and sdogg made the most accurate post on the board. Go reread the 2nd post in the thread and you'll agree with me.