Quote:
Originally Posted by SamS
Two weeks ago, I sold my 2006 Honda Accord (7 years old) to a dealer (not trade, cash sale) for $9500. The MSRP on the Honda was about $26K, and mine had a few dents. That is ridiculous that BMWs depreciate so much over the same time period.
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Exactly, that was more my point...you purchase a car for $26-50k. Both end at $10k.
I mean, it REALLY HAS TO BE the Ultimate Driving Machine in order to justify the insanity.
Regardless, when I traded in my Evo VIII for the TSX, I was depressed and underwhelmed with the driving experience. The most difficult 50,000 miles I have driven in 20 months.
When I traded in the TSX for the BMW (mind you I made $2,000 profit off of the trade in, go Acura!), I've only had smiles when driving the car since.
I feel like the cost of maintenance on the BMW must add to the depreciation value...