Do BMW 5's hold their value?
#21
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My Ride: Currently a 2000 540i 6spd
Originally Posted by subterFUSE' date='Mar 11 2005, 07:08 PM
Just remember....? if you live anywhere but the USA, you get your ass handed to you.
I couldn't believe how expensive some of the cars are in European countries.? Way to go, Socialism....?
Here in the USA, everyone has a BMW.? In a lot of European countries, you got to be able to afford the equivalent of a Ferrari in the USA.? ?
I couldn't believe how expensive some of the cars are in European countries.? Way to go, Socialism....?
Here in the USA, everyone has a BMW.? In a lot of European countries, you got to be able to afford the equivalent of a Ferrari in the USA.? ?
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#22
Originally Posted by BMWJIMT' date='Mar 11 2005, 01:48 PM
525I, metallic/sunroof/steptronic/bluetooth/businees sat nav/pdc front rear/electric mirrors/leather/18'' runflats/6cd
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Nice spec. You got a bargain ?10,000 off list price. I thought I had a good deal!
400 miles in 7 months? The BMW accountant didn't drive much did he? Mine was 350 miles in 3 months and I thought what was the previous owner doing? How can he not want to drive such a great car
#23
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I just checked the Kelly Blue Book value on my car. 2004 545i 6sp with all the options except Nav, PDC, Active Cruise one year old, 15,000 miles. I bought my car ED and paid $61,550 and the Retail Blue Book value is $54,190, a depreciation of $7,360.
That amounts to only a 12% depreciation in the first year - pretty good for a luxury car.
That amounts to only a 12% depreciation in the first year - pretty good for a luxury car.
#24
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Originally Posted by wolverine' date='Mar 12 2005, 05:56 PM
I just checked the Kelly Blue Book value on my car.? 2004 545i 6sp with all the options except Nav, PDC, Active Cruise one year old, 15,000 miles.? I bought my car ED and paid $61,550 and the Retail Blue Book value is $54,190, a depreciation of $7,360.
That amounts to only a 12% depreciation in the first year - pretty good for a luxury car.
That amounts to only a 12% depreciation in the first year - pretty good for a luxury car.
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#25
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My Ride: 2006 530i Sport
Silver Gray - Black Leather - Anthracite Maple
Manual Transmission
Premium Audio
Cold Weather Package
Rear sunshade
Sirius Radio
Autobahnd Roadblock (3M) film kit
Originally Posted by Guest' date='Mar 13 2005, 08:35 PM
[quote name='wolverine' date='Mar 12 2005, 05:56 PM']I just checked the Kelly Blue Book value on my car.? 2004 545i 6sp with all the options except Nav, PDC, Active Cruise one year old, 15,000 miles.? I bought my car ED and paid $61,550 and the Retail Blue Book value is $54,190, a depreciation of $7,360.
That amounts to only a 12% depreciation in the first year - pretty good for a luxury car.
That amounts to only a 12% depreciation in the first year - pretty good for a luxury car.
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[/quote]Right. Also, no one is mentioning that the first production year is always the lowest in resale. Even the venerable M5, the best of the E39 illustrates this. Kelly Blue Book, Dealer Trade in on the default options, 40K miles in "good" condition -
2000 - $33,795
2001 - $39,055
2002 - $41,895
2003 - $42,300
The huge price difference between 2000 and 2001 isn't repeated anywhere else in the model year life of the M5 (or other cars I've checked). It's as if the marketplace builds into the valuation the notion that first year cars are buggier. I don't think it's unfair to say that a good portion of the used '04 E60s have troubled histories.
I don't think we have enough E60 model years to trend valuations just yet, but it's entirely possible that '05 and beyond may fare a bit better over time.
#26
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My Ride: 2004 530I Black/Black, Premium/Sport, Navigation
2005 545I Silver/Black, Premium/Sport, Logic 7, Navigation
That's why from now on i will only buy those like new used car, just like my 545i, it has only 1600miles when i got it, the guys trade it in for a 645CI.
#27
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My Ride: MY RIDE is DA real .-) HAMANN 5 aka BLACK MAMBA born on 16/06/2005/delivered on 05/08/2005 as following:
530dA (steptronic), Black II (JET), leather Dakota auburn black, mapple trim, head-up display, dynamic drive, active steering, adaptive xenon headlights (auto levelling) with headlight washers, alarm, comfort seats with massage function, advanced A/C, big compartment armrest, aux-in, MP3, Logic 7, Radio PRO, CD in-dash+cd changer, power rear sunshades, rear airbags, park distance control, auto dimming folding mirrors, smoking package, shiny shadow line (individual), fold down rear seats, ski bag, sport suspension, run flats on �116-style� rims (Good Year NCT5+), cup holders, debadged, fire extinguishers, additional permanent power outlet, BMW coat hanger, trunk release button (installed by Hobi), GPS tracking device and a big thx 2 Iceman.
Mods done:
� Authentic HAMANN FRONT APRON Including ellipsoid fog lights Item-No.: 10 060 110
� Authentic HAMANN REAR SPOILER Item-No.: 10 060 130,
� Authentic HAMANN HAMANN ALUMINIUM PEDALS For cars with manual gearbox Item-No.: 80 099 100 81,00 For cars with automatic transmission Item-No.: 80 099 120
� Authentic HAMANN FOOT REST In aluminium For left-hand drive vehicles Item No. : 80 099 122
� Authentic HAMANN HAND-BRAKE LEVER In aluminium For left- and right-hand drive cars Item No. : 80 099 216
� Authentic HAMANN Idrive of alu (sorry this is the only one in the World) but you can have it in carbon fiber ,
� Authentic HAMANN EXCLUSIVE FLOORMAT SET In black with HAMANN logo in silver For left-hand drive cars Item-No. : 80 060 120 For right-hand drive cars Item-No. : 80 060
� Authentic HAMANN COVER FOR OIL FILLER CAP In aluminium Item-No.: 80 099 117
� Authentic HAMANN SPORT REAR MUFFLER 4 TAILPIPES Sport rear muffler with four round stainless-steel tailpipes ( � 76mm ) Item-No.: 50 060 111
� Authentic HAMANN new add-on for M pack rear with diffusor for quad pipes -AVAILABLE NOW (http://forums.e60.net/index.php?act=ST&f=22&t=30630&st=0#entry332409)
� ///M steering wheel w Pegasus logo (this will be also changed to three spoke sports)
� ///M pack rear
� HAMANN ECU upgrade 265 HP 608 Nm.
most improtant:
�real and working like a charm forumsbuy real LED tails and PIAA 4700k fogs!!! for HAMANN full front apron you need H3
� CustomAngels, Angel Eyes Brighter than stocks 10X, WHITE & (REd for shows).
� Authentic HAMANN LIGHT-ALLOY WHEELS DESIGN EDITION RACE 20"
Ultra-light forged 3-pieced light-alloy wheel, Cross-spoke-design,Spider in black, titanium, screwing,polished flange
DIMENSIONS : 9.0 J x 20 FA Item No.: 91 207 315
10.5 J x 20 only RA Item No.: 91 207 625
Recommended 20" Complete Wheel Set DESIGN EDITION RACE I went with most aggressive Combination A.10 FA 9.0 J x 20 / RA 10.5 J x 20 with tires: FA 245/30 ZR 20 / RA 285/25 ZR 20
� Authentic HAMANN LOWERING KIT 4 progressive sport springs Lowering by approx. 40 mm FA, 20 mm RA Item-No.: 20 060 125
� Authentic HAMANN TIRE - PRESSURE CHECK SENSOR SYSTEM
� Authentic HAMANN SIDE SILLS Item-No.: 10 060 120
� Authentic HAMANN REAL CF ROOF SPOLIER Item-No.: 10 060 235
� Authentic HAMANN AIRBAG SPORT STEERING WHEEL 3-SPOKE Three-spoke design w their SMG paddles (For assembly O.E. airbag in exchange)
� Authentic HAMANN sports mirrors (all functions)
!!!!!!!!!!!!!!!!!!! and of course !!!!!!!!!!!!!!!!!
E60.net Clings
Still to do list;-):
� Our Hobi's camera system from : ww.switchchange.com).
� Individual leather interior (auburn+auburn alcantara)... and drive with sheer drivin' pleasure ... until 2009/2010 F10 comes or E60 possibly a 540d V8 diesel early in 2009 badly juiced!
did you drive a diesel in the States???
or why would not want one
or why would not want one
#28
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My Ride: 2002 330CIC with Sports and Premium (Sold 4/2005)
2005 545I Black Saphire Metalic, with Black Dakota Leather, Poplar trim. Sport Package, MTech Body kit and Spoiler, HUD, Comfort Seats, Navigation, Premium sound, CWP, Heated Rear Seats, Window shades. Valentine 1 hardwired, Aux input.
Get at least 3 dealers involved. Dont talk about your trade in until you negotiate the purchase price, and forget about MSRP. Work off of the invoice pricing. 2-3% over is fair. $1000 over is good. These dealers will beat each other up all day.
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