10-21-2019, 02:36 AM | #23 | |
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The BMW Automobiles you mention are down 15% YTD from 2018. Only thing saving them are the BMW SUV/Light Trucks. Even the X3 you mentioned are down 7.8% in September 2019 vs September 2018. You know something BMW doesn't? Last edited by IK6SPEED; 10-21-2019 at 02:42 AM.. |
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10-21-2019, 03:10 AM | #24 |
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M2M can be a pretty misleading statistic sometimes. The X3 YOY is doing better than it was last year.
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10-21-2019, 05:19 AM | #25 |
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+1. SUVs hold their value better due to demand. Simple as that.
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10-21-2019, 07:25 AM | #26 |
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Ha! try depreciation on a Volkswagen.
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2016 428ix, r, 2018 430iC, 2018 330it
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10-21-2019, 08:46 AM | #27 | |
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10-21-2019, 08:53 AM | #28 |
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Two ways to minimize the hit, one on the front end and one on the back. First, and obviously, pay as little as possible up front. $20k depreciation quickly becomes $10k if you pay $10k under MSRP.
Second, sell the car yourself. Well-maintained, clean BMWs actually do pretty well in the P2P market in my experience. Recent example - wanted to sell my 2007 E90 335 MT, immaculate, 120k miles. Dealers offered $2500-3000. I sold it for $9000. They get you coming and going so you have to get them going and coming. |
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10-21-2019, 09:11 AM | #29 |
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I'm surprised that over here in Europe, with high fuel prices, the SUV thing is still gaining momentum. Many users are clearly willing to absorb higher fuel costs, with typically bigger and less efficient SUV models.
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10-21-2019, 11:56 AM | #31 | |
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10-21-2019, 12:04 PM | #32 | ||
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Remember this is an E90 he was selling... old car tougher to find a respectable quality and also as a manual. |
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10-21-2019, 12:12 PM | #33 | |||
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10-21-2019, 12:16 PM | #34 |
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10-21-2019, 12:23 PM | #35 | |
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10-21-2019, 02:03 PM | #36 |
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The high depreciation on the 4 series allowed me to get a good deal on an Executive Demo 430i GC. It's 2019 model and I bought it in 4/2019 after being a BMW corporate car driven in South Carolina for 6 months. It had 11k miles when I bought it. It was also CPO'd by the dealer. Car had an MSRP of $49.2k and I paid $31.7 for it, so 35% below MSRP.
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10-21-2019, 06:23 PM | #37 | |
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10-21-2019, 06:25 PM | #38 |
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10-21-2019, 06:26 PM | #39 | ||
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Also, Considering the Z4, X7 and 8 Series didn't exist last year in the YTD totals, I certainly hope they are selling more vehicles. Apples to Apples discounting those 3 lines which didn't count into last year sales as they didn't exist, sales are down another 10k from 2018. |
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10-21-2019, 06:33 PM | #40 | |
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BMW counts them in cars because of the assembly line/platform they are built on. |
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