Residual Value: year 1
11-04-2004, 04:14 AM
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My Ride: 2004 545i 6speed
Curious if anyone has any idea whether the new 5 is doing well with regards to depreciation.
When first released, BMW projected rather lofty residual value at 3 years, and I was wondering if their projections are trending accurately.
When first released, BMW projected rather lofty residual value at 3 years, and I was wondering if their projections are trending accurately.
11-04-2004, 05:21 AM
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My Ride: 11 550i Sophisto Gray/Oyster Black/Anthracite, Sprt Trns, DHP, IAS, SP, PP1, PP2, CWP, HUD, DAP, AVSP, SF RS, CA, ACC - Euro Del
Gizmo:
Please indicate your location.
Please indicate your location.
11-04-2004, 05:27 AM
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I looked up my car configuration on the Kelley Blue Book site. I used 10K for the miledge (my actual mi. is 8600) and pristine condition (of course) and came up with this:
Trade in $48,200
Private Sale $51,865
Retail $55,065
I paid $60K new, my guess is that the quoted residuals are high. But since I leased it that's a good thing.
Trade in $48,200
Private Sale $51,865
Retail $55,065
I paid $60K new, my guess is that the quoted residuals are high. But since I leased it that's a good thing.
11-04-2004, 10:21 AM
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My Ride: 2004 545i 6speed
Originally Posted by pharding' date='Nov 4 2004, 08:21 AM
Gizmo:
Please indicate your location.
Please indicate your location.
[snapback]52612[/snapback]
11-04-2004, 12:31 PM
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My Ride: 530iA Silver Grey , black interior. Premium Package, Navigation System, Head-up Display, Radio Satellite, Adaptive Xenon Headlights. AC Schnitzer Front Lip, H&R springs, Rear red reflector, All season Floor mat,
Mine is $44,+++. Depreciate by $10k. If i knew earlier i would just get the 545i. 
11-04-2004, 03:41 PM
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I just saw one on ebay w/the following description:
2004 525i 6 SPEED, Titanium Grey 17" SPSports, 9600mi
With a "Buy it now option" of 38.5K that could probably go down to 37K... The pictures look pretty good.
2004 525i 6 SPEED, Titanium Grey 17" SPSports, 9600mi
With a "Buy it now option" of 38.5K that could probably go down to 37K... The pictures look pretty good.
11-04-2004, 07:06 PM
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My Ride: 11 550i Sophisto Gray/Oyster Black/Anthracite, Sprt Trns, DHP, IAS, SP, PP1, PP2, CWP, HUD, DAP, AVSP, SF RS, CA, ACC - Euro Del
Cars do not depreciate equally over the first three years. My assumption is that depreciation on a percent basis is the most significant over year one.
11-04-2004, 08:10 PM
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P harding is correct. I posted a thread a few months ago that Money magazine stated that the new 5er had the lowest depreciation in its class for 2004 for one year.
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