View Single Post
      10-08-2019, 11:09 PM   #23
IK6SPEED
Major General
IK6SPEED's Avatar
United_States
3627
Rep
9,202
Posts

Drives: BMW M3 / AH3
Join Date: Jan 2013
Location: Cali

iTrader: (20)

Quote:
Originally Posted by F32Fleet View Post
Quote:
Originally Posted by IK6SPEED View Post
http://www.businessinsider.com/10-ca...nership-2019-9

On average, 3.4% of new vehicles are resold within the first year of ownership.

#7 BMW X3 9% of the X3 were resold within 12 months.

#6 BMW X1 10.4% of the X1 were resold within 12 months.

#2 BMW 3 Series 11.8% of the 3 series were resold within 12 months.

The firm excluded vehicles with less than 1,000 miles on the odometer from the study. This was done to keep the study from being skewed by "car punching", which is when automakers offer incentives to dealers to buy new cars to use as loaners and then resell them when they're still under a year old.

Eight out of ten on the list are German and British luxury cars. The other two are Nissans. The list tops off with the Mercedes-Benz C-Class: 12.4% are resold used within the first year. This is 3.7 times more than the average for all vehicles.
I've seen plenty of BMW loaners with over 5k miles on them.

I suspect loaners are the majority of these sales.
Loaners are supposed to be pulled by 4,500 miles and sold before 5k.
__________________
Stable: F80 / AH3
Past: F80 ZCP / F22 M235i / E89 35is