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#1
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2005 X5 4.8 depreciation
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.
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#2
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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 |
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#3
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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....
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Been there...Done that |
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#4
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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.
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#5
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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
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#6
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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.
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#7
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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
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__________________ 2006 Black X5 4.8is |
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#8
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Quote:
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.
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#9
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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.
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#10
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I agree with The Cleaner here - it will be a % game as it always is in the great 'investment' of car ownership. The bigger the sticker price, the bigger the $ drop, so IMHO you will loose more $ on a 4.8 over a few years than a 4.4. Will you loose less on a % basis? ....remains to be seen. From a cursory look it appears that both 4.4 and 4.8 have taken similar (%) drops this year.
I am more concerned with the drop in $ Vs. the drop in %. But its all speculative of course.....either way its a good/better time to buy a 4.4 or 4.8 Last edited by Boston X5 4.4; 08-29-2006 at 08:24 AM. |
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