Trade-in value plummeting?
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Joined: Aug 2006
Posts: 234
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From: San Diego , CA
My Ride: 2004 530isport packagepremium packageactive steeringxenon hids20mm H&R spacers in the rear6 spd51kpurchase price , 32k back in 2006
Model Year: 2004 530i
Originally Posted by pjinca' post='938561' date='Jul 10 2009, 12:30 PM
Does it matter? ANY car you buy will depreciate (there's a reason I would only buy CPO). If you want a car that will remain the same or go up in value visit a classic car auction, otherwise, it's a car - not an investment, because if you consider it an investment you are delirious.
There is one car that holds value like no other make of car , the acura nsx.
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Joined: Aug 2008
Posts: 9,986
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From: Zoo York
My Ride: Alpine White 2006 530Xi (SLD)
Originally Posted by .:reza:.' post='938556' date='Jul 10 2009, 12:26 PM
I am a dealer. BMW's and Mercedez always drop in pricing. I can buy a 06 530 with say 30k on the motor for about 20 grand. It's sad I know..
My manheim report proves you slightly off on that one, pal
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Joined: Feb 2008
Posts: 801
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From: Pikes Peak- Colorado
My Ride: BMW 535xi
Model Year: 2008
Originally Posted by DrLev99' post='933688' date='Jul 6 2009, 12:07 AM
They are only lying when their lips are moving....it's assumed when you walk into any dealership. You need to go elsewhere.
Originally Posted by .:reza:.' post='938556' date='Jul 10 2009, 12:26 PM
I am a dealer. BMW's and Mercedez always drop in pricing. I can buy a 06 530 with say 30k on the motor for about 20 grand. It's sad I know..
Now that BMW is in the same resale value league as Jaguar, Range Rover, Cadillac and Lincoln, it may be time to go Japanese.
Dang!
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