2005 X5 4.8 depreciation

bmwbmwuser · #1 08-27-2006, 10:50 PM

Would like to have members input as how much a 2005 4.8 would depreciate in price when the new 2007 X5 is available at the dealers.

sdogg888 · #2 08-28-2006, 01:50 AM

if u own a 4.8 then it will depreciate lots..............

if u dont own a 4.8 then wont depreciate what u want it to..........

jk

bozo · #3 08-28-2006, 09:56 AM

About the same as a 2004, or a 2006...But it does remain to be seen until the e70 makes its way onto showroom floors...It depends on how everyone adjusts to them...The e46's took a handsome hit when the e90's hit the shelves, but many e39 loyals didnt take to the e60 and still havent -- I still see a fair few of them with higher selling prices...It all depends my friend....

The Cleaner · #4 08-28-2006, 10:41 AM

Honestly a car is a consumable product, as a very general statement all vehicles depreciate at approximately the same percentage rate, if you paid 75k new you will see more bottom line dollars on depreciation than if you paid 40k. The cost to drive a 4.8 compared to a 3.0 over 4 years when factoring in depreciation is very high. A 5% lower market value is 2k for the 40K guy but a 3750.00 for the 75k guy. Change that to say 12% which is right about the average for a years ownership and you have a very large number for owning a 4.8, yet the same percentage depreciation as the other models in the lower price bracket.

x5user · #5 08-28-2006, 10:42 AM

Well, as soon as you signed the paper. You(we) lost 20% value of the car. It applys to any cars. As JK mentioned 4.8 owner will lose more than 4.4 owner. Of course, 4.4 owner will lose more than 3.0 owner

But you will get more out of X5(generally, BMW) then other car when you put more than 70,000 miles(I read this from somewhere but I can't remember where

). I am not worry about the depreciation because I just enjoy the car

JoeRockhead · #6 08-28-2006, 12:04 PM

I dunno, I disagree with the above. The 4.8is has nothing to fear with the intro of the 4.8i. The new truck will have a bigger engine, but it won't have the suspension and handling of the 4.8is. Look at the current M3/M5 and the value they still have with the new coupe on the horizon and the intro of the new M5. The 4.8is is rare and will continue to have a good resale value until the new 'is' version of the X5 is released down the road.

pm_wizard · #7 08-28-2006, 12:11 PM

I would love to agree with you JoeRockhead, but the day BMW announces a 5.0is (or worse an M version of the new X5) it is all over. That new vehicle will have features and mods that don't exist on the 4.8is, and it will become much more desirable... I do however hope you are right!!!

John

LeMansX5 · #8 08-28-2006, 01:29 PM

Quote:

Originally Posted by pm_wizard

I would love to agree with you JoeRockhead, but the day BMW announces a 5.0is (or worse an M version of the new X5) it is all over. That new vehicle will have features and mods that don't exist on the 4.8is, and it will become much more desirable... I do however hope you are right!!!

John

Same goes for 4.4i, the exisitng 4.4i prices should also crash as it is discontinued and replaced by 4.8i and it should be all over for exisiting 4.4i. In that case the 4.4i owners should be worried.

4.8is replacement will not be out for another year. And the 4.8is handling and performance is better than new 4.8i. HP, 0-60, braking etc. are all better than new 4.8i.

JoeRockhead · #9 08-28-2006, 01:56 PM

The other thing you need to look at is that folks out there who can't afford to buy a new 4.8is right now will still want to buy one when the new model arrives. My 2003 M3 sold within 2 weeks and the bi-turbo new coupe is available next month. The point is, the newer model 3 series with the extra power still isn't an M3.

rangerfan · #10 08-28-2006, 03:48 PM

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.