1st year depreciation on e90

tonee8519 · 10-03-2006, 02:08 PM

Did yahoo get it wrong or is this true? depreciation is $11,220 ?

http://autos.yahoo.com/newcars/bmw_3...VyvSVtQRWzjMcF

nyc3r · 10-03-2006, 02:21 PM

that doesn't sound right at all. I checked the TL and it's 5k for the first year. I'd think it'd be hard to find a 1 yr old 330 for 11k less than new. They're in such high demand. 5k sounds more like it.

F32Fleet · 10-03-2006, 02:22 PM

lol..wow..if true,I'm glad I leased.

Joe Bimmer · 10-03-2006, 03:18 PM

If those numbers are correct, which I doubt because they seem REALLY high, the depreciation difference makes the value of the 325 and 330 nearly equal after year 1.

325 depreciation is at $8874 according to Yahoo. I doubt that seriously, because the private-party sale on KBB for my car is around $33,000-34,000. I paid less than $37,000 new.

80cid · 10-03-2006, 03:31 PM

kbb is usually about 2k to much

coloradophil · 10-03-2006, 04:57 PM

Well for what it's worth, I just bought a used 330xi with 8500 miles that stickered for $46,950 for $37,000. It was from a non-BMW dealer and I don't think that they had any interest in keeping the car on their lot for too long.

carbo · 10-03-2006, 07:12 PM

It is a mistake. A 36K 330i after one year is not worth 26K. More like 32-33k. It's a typo.

peakpro · 10-03-2006, 08:27 PM

Quote:

Originally Posted by carbo

It is a mistake. A 36K 330i after one year is not worth 26K. More like 32-33k. It's a typo.

32-33k?...no chance....

safetywork · 10-03-2006, 11:23 PM

Quote:

Originally Posted by carbo

It is a mistake. A 36K 330i after one year is not worth 26K. More like 32-33k. It's a typo.

Yup that sounds about right on a private sale, trade in would be much less.

RaptorKTM · 10-03-2006, 11:25 PM

my car lost 12,000 in 4-5 months

safetywork · 10-03-2006, 11:28 PM

Quote:

Originally Posted by socalm3

my car lost 12,000 in 4-5 months

DOH! Oops may be I'm a little off

How many miles in 4-5 months if you don't mind me asking?

RaptorKTM · 10-03-2006, 11:33 PM

12000 miles 12000 dollars

triton. · 10-03-2006, 11:33 PM

Guys this can't be right, first off they have cost for maintence during the 4 year free maint. program.

safetywork · 10-04-2006, 12:56 AM

Dang... Ouch. I've owned my '06 for almost 13 weeks... put on almost 13k miles. I guess I just lost $13k. Oh well, at least I'm having fun and enjoying my ride.

But I'm more shocked that someone drives just as much as I do!

Let's hope these N52 motors and transmissions hold up! Looks like I'll be keeping this one for a while.

lux.sh · 10-04-2006, 01:17 AM

Quote:

Originally Posted by socalm3

12000 miles 12000 dollars

that is EXACTLY how much I lost.
12000 miles and kiss your ass good bye $12,000.
Paid 40k, current value 28k.

Depreciation > BMW? Japanese vehicles don't lose value that fast...

RaptorKTM · 10-04-2006, 01:17 AM

haha damn i didnt think anyone else put as many miles as fast as i did either but i guess i met my match haha nice

lux.sh · 10-04-2006, 01:19 AM

Quote:

Originally Posted by socalm3

haha damn i didnt think anyone else put as many miles as fast as i did either but i guess i met my match haha nice

My 12,000 miles are coming from 11 months of driving.
No one can match you there.

If you don't mind me asking, how the hell did you put 12k miles in 5 months?

Ray · 10-04-2006, 01:24 AM

That doesn't sound fair. I thought only domestic cars depreciat at that rate.

RaptorKTM · 10-04-2006, 01:40 AM

Quote:

Originally Posted by lux.sh

My 12,000 miles are coming from 11 months of driving.
No one can match you there.

If you don't mind me asking, how the hell did you put 12k miles in 5 months?

my car is 4 months old and I dono i just drive a hell load

Barry626 · 10-04-2006, 01:40 AM

Quote:

Originally Posted by tonee8519

Did yahoo get it wrong or is this true? depreciation is $11,220 ?

http://autos.yahoo.com/newcars/bmw_3...VyvSVtQRWzjMcF

Sure is correct!
I bought loaded 330i for $49,000 & I loss $11,000 trade in.
Yes I went to various dealers & various makes of cars & best I could get!

First year is a no no to trade in need to wait 3 years & do lots better!

RaptorKTM · 10-04-2006, 01:41 AM

yup... just because 3 series are "a dime a dozen"

Majikthese42 · 10-04-2006, 07:24 AM

Quote:

Originally Posted by tonee8519

Did yahoo get it wrong or is this true? depreciation is $11,220 ?

Does Yahoo tell you how they calculate the depreciation?

You're buying a car at the retail price and trading it to the dealer at the wholesale price. First, you will eat the dealer markup. That is a "sunk cost". Then, the steepest part of the depreciation curve of most assets occurs in the first year. Automobile depreciation is definitely not linear. You can find depreciation equations online and play with them.

On a $45,000 sticker price automobile with a small or no discount, $11,220 in first year depreciation would not surprise me. This is why most people do not sell a car after just one year.

You can probably do much, much better with a private sale in the first year.

This is not a matter of fairness; it's a free market. It is not any better with leasing; just try weaseling out of a three year lease after only one year.

Caveat emptor!

10-03-2006, 02:08 PM	#1
tonee8519 Banned 51 Rep 313 Posts Drives: M4 Join Date: Aug 2005 Location: vancouver iTrader: (0)	1st year depreciation on e90 Did yahoo get it wrong or is this true? depreciation is $11,220 ? http://autos.yahoo.com/newcars/bmw_3...VyvSVtQRWzjMcF
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10-03-2006, 02:21 PM	#2
nyc3r Colonel 112 Rep 2,589 Posts Drives: E90 Join Date: Jun 2006 Location: USA iTrader: (24)	that doesn't sound right at all. I checked the TL and it's 5k for the first year. I'd think it'd be hard to find a 1 yr old 330 for 11k less than new. They're in such high demand. 5k sounds more like it.
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10-03-2006, 02:22 PM	#3
F32Fleet Lieutenant General 3596 Rep 10,358 Posts Drives: 2015 435i Join Date: May 2005 Location: Southeastern US iTrader: (0)	lol..wow..if true,I'm glad I leased.
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10-03-2006, 03:18 PM	#4
Joe Bimmer Lieutenant 13 Rep 548 Posts Drives: Alpine White 2015 X5 x35i Join Date: May 2006 Location: Austin, TX iTrader: (0) Garage List 2006 325i [0.00]	If those numbers are correct, which I doubt because they seem REALLY high, the depreciation difference makes the value of the 325 and 330 nearly equal after year 1. 325 depreciation is at $8874 according to Yahoo. I doubt that seriously, because the private-party sale on KBB for my car is around $33,000-34,000. I paid less than $37,000 new.
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10-03-2006, 03:31 PM	#5
80cid New Member 0 Rep 27 Posts Drives: 2004 A4 Join Date: Sep 2006 Location: Houston iTrader: (0)	kbb is usually about 2k to much
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10-03-2006, 04:57 PM	#6
coloradophil New Member 6 Rep 8 Posts Drives: 2006 330xi Join Date: Apr 2006 Location: Colorado Springs iTrader: (0)	Well for what it's worth, I just bought a used 330xi with 8500 miles that stickered for $46,950 for $37,000. It was from a non-BMW dealer and I don't think that they had any interest in keeping the car on their lot for too long.
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10-03-2006, 07:12 PM	#7
carbo Private First Class 8 Rep 103 Posts Drives: 2015 M235i 6m Join Date: Apr 2006 Location: SWFla. iTrader: (0)	It is a mistake. A 36K 330i after one year is not worth 26K. More like 32-33k. It's a typo.
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10-03-2006, 11:25 PM	#10
RaptorKTM Colonel 236 Rep 2,366 Posts Drives: 1 M Coupe Join Date: Apr 2006 Location: San Diego iTrader: (1) Garage List 2011 BMW 1 M [0.00]	my car lost 12,000 in 4-5 months
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10-03-2006, 11:33 PM	#12
RaptorKTM Colonel 236 Rep 2,366 Posts Drives: 1 M Coupe Join Date: Apr 2006 Location: San Diego iTrader: (1) Garage List 2011 BMW 1 M [0.00]	12000 miles 12000 dollars
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10-03-2006, 11:33 PM	#13
triton. Captain 65 Rep 805 Posts Drives: 2009 Honda Fit Join Date: Sep 2005 Location: Wilmington, DE iTrader: (7) Garage List 2009 FIT [2.00]	Guys this can't be right, first off they have cost for maintence during the 4 year free maint. program. __________________ 2009 GE8 Fit SPORT AT Navi - Blue Sensation Pearl My E90 OEM Front/Side Bumpers for Sale -Here
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10-04-2006, 12:56 AM	#14
safetywork Private 0 Rep 57 Posts Drives: '06 E90 330i Join Date: Jul 2006 Location: San Diego iTrader: (0)	Dang... Ouch. I've owned my '06 for almost 13 weeks... put on almost 13k miles. I guess I just lost $13k. Oh well, at least I'm having fun and enjoying my ride. But I'm more shocked that someone drives just as much as I do! Let's hope these N52 motors and transmissions hold up! Looks like I'll be keeping this one for a while. __________________ '06 E90 330i From the Factory: 6-Speed, Sports Package, Leather, Heated Seats, Debadged Upgrades: N/A (so far)
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10-04-2006, 01:17 AM	#16
RaptorKTM Colonel 236 Rep 2,366 Posts Drives: 1 M Coupe Join Date: Apr 2006 Location: San Diego iTrader: (1) Garage List 2011 BMW 1 M [0.00]	haha damn i didnt think anyone else put as many miles as fast as i did either but i guess i met my match haha nice
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10-04-2006, 01:24 AM	#18
Ray Member 306 Rep 22,825 Posts Drives: three series Join Date: Aug 2006 Location: sfCA iTrader: (0)	That doesn't sound fair. I thought only domestic cars depreciat at that rate.
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10-04-2006, 01:41 AM	#21
RaptorKTM Colonel 236 Rep 2,366 Posts Drives: 1 M Coupe Join Date: Apr 2006 Location: San Diego iTrader: (1) Garage List 2011 BMW 1 M [0.00]	yup... just because 3 series are "a dime a dozen"
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