BMW prices will continue to rise through 2009(Now with BMW's NEW sales plan)

[RossoCorsaItaly]

Originally Posted by CassiesMan

The best used financing rate I could hit was a low five. BMWs new are offering .9 on most models. If you are financing, your better off buying new because you will most likely get a better rate, plus you get the warrenty and four years of free maintanence.

Four years of free maintenance, 0.9% rate, and a warranty don't compensate for 50% depreciation within the first year on most models.

BMW's are great cars and they are bang for the buck pre-owned but buying one new unless you have money to burn or are able to write it off isn't the wisest financial decision. Then again I'm not your accountant and if you can fathom that type of financial loss you are probably better off then I am and don't need my advice.

[ckolsen]

Originally Posted by RossoCorsaItaly

Four years of free maintenance, 0.9% rate, and a warranty don't compensate for 50% depreciation within the first year on most models.

BMW's are great cars and they are bang for the buck pre-owned but buying one new unless you have money to burn or are able to write it off isn't the wisest financial decision. Then again I'm not your accountant and if you can fathom that type of financial loss you are probably better off then I am and don't need my advice.

don't know where you get the 50% number, no BMWs I can think of are below 50% value even after 3 years.

[-=Hot|Ice=-]

Originally Posted by RossoCorsaItaly

Four years of free maintenance, 0.9% rate, and a warranty don't compensate for 50% depreciation within the first year on most models.

BMW's are great cars and they are bang for the buck pre-owned but buying one new unless you have money to burn or are able to write it off isn't the wisest financial decision. Then again I'm not your accountant and if you can fathom that type of financial loss you are probably better off then I am and don't need my advice.

The BMW 3 series has the best residuals in it's class. I can assure you no BMW will lose 50% after 4 years.

[RossoCorsaItaly]

Originally Posted by ckolsen

don't know where you get the 50% number, no BMWs I can think of are below 50% value even after 3 years.

Take into consideration I am being generous with my MSRP because I am using base MSRP with no options.

BMW's hold their value if you use something like Kelly Blue Book or NADA retail. But as someone who works in the industry of specializing in pre-owned BMW's and Jaguars I can tell you there are very few people who actually pay anywhere KBB or NADA retail on these. On average there is 8-10% margin from the MMR prices I posted and if you watch eBay auctions you will see that they are very close to the auction selling prices (within 10%). So I guess it's all a matter of perspective but as someone who sells 7-10 pre-owned BMW's a month I would be happy to find people who are willing to pay book retail on these cars, because through autotrader, eBay, local paper, and internatinal sales I haven't been able to find them.

Below I show that the 7 series, 5 series, 3 series, 6 series, and M series all lose close to 50% of their value within 2 years and even up to 60-70% in 3 years.

2005 745LI

MSRP - $73,900

MMR in Sept/Oct-2008

10/03/08 NEVADA Lease $22,000 47,177 Below SLATE GR 8G A No
09/26/08 RIVRSIDE Lease $26,600 46,372 Avg GREY 8G A Yes
09/25/08 RIVRSIDE Lease $29,000 35,810 Avg TITANIUM 8G A Yes
09/25/08 RIVRSIDE Lease $27,000 38,868 Avg GREY 8G A Yes
09/25/08 RIVRSIDE Factory $23,500 57,708 Avg JETBLACK 8G A Yes
09/24/08 MILWAUKE Lease $26,750 48,115 Avg BLACK 8G A Yes
09/19/08 MANHEIM Lease $27,600 26,618 Avg GREY 8G A Yes
09/17/08 ATLANTA Lease $23,200 62,208 Below SLATEGRN 8G A Yes
09/16/08 ARENA Lease $27,000 46,099 Avg BLUE 8G A Yes
09/11/08 W PALM Regular $28,000 48,910 Avg GREY 8G A Yes
09/10/08 NADE Regular $30,900 31,588 Above Silver 8CY A Yes
09/05/08 NEVADA Lease $19,750 79,943 Below STERLING 8G A Yes
09/05/08 MANHEIM Regular $26,100 60,061 Avg BLUE 8G A Yes
09/04/08 ATLANTA Lease $29,000 48,215 Avg TITANGRY 8G A Yes


2006 750LI - $78,100 Starting MSRP...

Sept/Oct MMR

09/25/08 W PALM Lease $43,600 17,127 Above TITANIUM 8G A Yes
09/25/08 W PALM Lease $43,000 11,512 Above MONACO B 8G A Yes
09/25/08 W PALM Lease $40,000 28,328 Above BLACK SA 8G A Yes
09/25/08 W PALM Lease $38,600 28,924 Avg TOLEDO B 8G A Yes
09/25/08 W PALM Lease $35,000 32,237 Avg BARBERA 8G A Yes
09/25/08 W PALM Lease $34,000 43,491 Avg BLACK 8G A Yes
09/25/08 W PALM Lease $33,200 48,728 Avg STERLING 8G A Yes
09/25/08 RIVRSIDE Lease $41,000 27,290 Above JETBLACK 8G A Yes
09/25/08 RIVRSIDE Lease $40,500 29,853 Above ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $39,000 43,924 Avg TITANIUM 8G A Yes
09/25/08 RIVRSIDE Lease $38,500 25,135 Avg TITANIUM 8G A Yes
09/25/08 RIVRSIDE Lease $38,250 35,366 Avg JET BLAC 8G A Yes
09/25/08 RIVRSIDE Lease $37,800 29,007 Avg JETBLACK 8G A Yes
09/25/08 RIVRSIDE Lease $37,000 45,762 Avg ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $36,250 20,598 Avg ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $36,000 57,110 Avg BLK SAPH 8G A Yes
09/25/08 RIVRSIDE Factory $35,500 7,799 Avg MONACOBL 8G A No
09/25/08 RIVRSIDE Regular $35,000 54,037 Avg WHITE 8G A Yes
09/25/08 RIVRSIDE Lease $34,750 27,865 Avg JET BLAC 8G A Yes
09/25/08 RIVRSIDE Regular $34,500 27,456 Avg BLACK 8G A Yes
09/25/08 RIVRSIDE Lease $34,000 41,444 Avg JETBLACK 8G A Yes
09/25/08 RIVRSIDE Lease $33,750 45,448 Avg TITANIUM 8G A Yes
09/25/08 RIVRSIDE Lease $33,500 45,241 Avg JETBLACK 8G A Yes
09/25/08 RIVRSIDE Factory $33,000 81,039 Avg JETBLACK 8G A No
09/25/08 RIVRSIDE Lease $33,000 54,083 Avg ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $31,500 49,275 Below ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $31,500 46,325 Below SILVER 8G A Yes
09/25/08 RIVRSIDE Lease $31,500 40,730 Below JET BLAC 8G A Yes
09/25/08 RIVRSIDE Lease $31,250 54,424 Below ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $31,000 60,214 Below KALAHARI 8G A Yes
09/25/08 RIVRSIDE Lease $31,000 53,360 Below TITANIUM 8G A Yes
09/25/08 RIVRSIDE Lease $30,750 54,227 Below GRY MTLC 8G A Yes
09/25/08 RIVRSIDE Lease $29,300 69,378 Below BLACK SA 8G A Yes
09/25/08 RIVRSIDE Lease $29,250 47,382 Below TITANIUM 8G A Yes
09/25/08 RIVRSIDE Lease $29,000 55,034 Below GREY 8G A Yes
09/25/08 RIVRSIDE Lease $28,500 81,882 Below BLK SAPH 8G A Yes
09/25/08 RIVRSIDE Factory $28,500 48,929 Below ALPWHITE 8G A No
09/25/08 RIVRSIDE Lease $28,000 61,684 Below ALPWHITE 8G A Yes
09/26/08 MANHEIM Lease $37,200 14,380 Avg MONACOBL 8G A Yes
09/26/08 MANHEIM Regular $34,500 48,152 Avg GRAY 8G A Yes
09/26/08 MANHEIM Regular $32,200 42,444 Avg BLUE 8G A Yes
09/30/08 FAAO Lease $39,000 21,212 Avg BLACK 8G A Yes
09/30/08 FAAO Lease $32,800 47,771 Avg ALPINE W 8G A Yes
09/30/08 DFW Lease $40,750 17,311 Above TITNGRY 8G A Yes
09/30/08 DFW Lease $32,500 45,911 Avg TITNGRA 8G A Yes
09/30/08 DFW Lease $31,750 56,359 Below TITANSIL 8G A Yes
09/30/08 DFW Lease $30,000 54,111 Below MONCOBLU 8G A Yes
10/01/08 SEATTLE Lease $35,000 27,239 Avg BLACK SA 8G A Yes
10/02/08 W PALM Lease $31,400 72,426 Below BLACK 8G A Yes
10/02/08 NEVADA Regular $38,500 39,143 Avg GRAY 8G A Yes
10/02/08 NEVADA Regular $34,500 48,094 Avg WHITE 8G A Yes
10/02/08 MANHEIM Lease $43,500 11,220 Above BLKSAPPH 8G A Yes
10/02/08 MANHEIM Lease $42,500 12,644 Above JETBLK 8G A Yes
10/02/08 MANHEIM Lease $40,500 16,789 Above JETBLK 8G A Yes
10/02/08 MANHEIM Lease $40,500 11,055 Above MICHIGAN 8G A Yes
10/02/08 MANHEIM Lease $39,000 14,375 Avg STERLING 8G A Yes
10/02/08 MANHEIM Lease $38,250 30,939 Avg TITANIUM 8G A Yes
10/02/08 MANHEIM Regular $38,000 46,522 Avg WHITE 8G A Yes
10/02/08 MANHEIM Lease $38,000 20,425 Avg BLKSAPPH 8G A Yes
10/02/08 MANHEIM Lease $37,000 26,585 Avg MONACOBL 8G A Yes
10/02/08 MANHEIM Lease $36,750 26,652 Avg STERLING 8G A Yes
10/02/08 MANHEIM Lease $36,500 29,795 Avg BARBERA 8G A Yes
10/02/08 MANHEIM Lease $36,250 40,514 Avg BLKSAPPH 8G A Yes
10/02/08 MANHEIM Lease $36,000 42,072 Avg BLKSAPPH 8G A Yes
10/02/08 MANHEIM Lease $35,250 31,036 Avg BLKSAPPH 8G A Yes
10/02/08 MANHEIM Lease $35,000 41,200 Avg ALPWHITE 8G A Yes
10/02/08 MANHEIM Lease $34,000 35,107 Avg MICHIGAN 8G A Yes
10/02/08 MANHEIM Regular $33,000 49,899 Avg BLACK 8G A Yes
10/02/08 MANHEIM Regular $33,000 49,869 Avg BLACK 8G A Yes
10/02/08 MANHEIM Lease $32,500 59,364 Avg TITANIUM 8G A Yes
10/02/08 MANHEIM Lease $32,500 48,171 Avg STERLING 8G A Yes
10/02/08 MANHEIM Regular $32,100 39,478 Avg SILVER 8G A Yes
10/02/08 MANHEIM Lease $29,000 53,688 Below MONACOBL 8G A Yes
10/02/08 MANHEIM Lease $27,000 56,989 Below STERLING 8G A No
10/02/08 ATLANTA Lease $36,400 37,977 Avg BLK SAPH 8G A Yes
10/02/08 ATLANTA Lease $35,000 37,781 Avg WHITE 8G A Yes
10/02/08 ATLANTA Lease $29,000 45,140 Below BLKSAPH 8G A No
10/03/08 NEVADA Lease $46,500 6,595 Above JET BLCK 8G A Yes
10/03/08 NEVADA Lease $42,750 22,928 Above JET BLCK 8G A Yes
10/03/08 NEVADA Lease $41,750 26,678 Above JET BLCK 8G A Yes
10/03/08 NEVADA Lease $40,750 19,263 Above MICHIGAN 8G A Yes
10/03/08 NEVADA Lease $40,500 21,977 Above BARBERA 8G A Yes
10/03/08 NEVADA Lease $39,500 40,364 Avg STERLING 8G A Yes
10/03/08 NEVADA Lease $39,500 28,129 Avg TITANSLV 8G A Yes
10/03/08 NEVADA Lease $38,750 17,911 Avg BARBERA 8G A Yes
10/03/08 NEVADA Lease $38,250 43,541 Avg BLK SAPH 8G A Yes
10/03/08 NEVADA Lease $38,000 37,352 Avg TITANSLV 8G A Yes
10/03/08 NEVADA Lease $37,000 34,158 Avg STERLING 8G A Yes
10/03/08 NEVADA Lease $36,500 33,205 Avg TITANGRY 8G A Yes
10/03/08 NEVADA Lease $36,250 33,860 Avg JET BLCK 8G A Yes
10/03/08 NEVADA Lease $36,000 31,951 Avg MICHIGAN 8G A Yes
10/03/08 NEVADA Lease $35,500 31,080 Avg STERLING 8G A Yes
10/03/08 NEVADA Lease $35,000 45,919 Avg JET BLCK 8G A Yes
10/03/08 NEVADA Lease $34,500 45,838 Avg BLK SAPH 8G A Yes
10/03/08 NEVADA Lease $34,000 45,077 Avg STERLING 8G A Yes
10/03/08 NEVADA Lease $32,500 47,312 Avg MONACO B 8G A Yes
10/03/08 MANHEIM Lease $35,000 23,367 Avg BLKSAPPH 8G A Yes
10/03/08 MANHEIM Lease $33,000 26,389 Avg TITANIUM 8G A No
10/03/08 LAUD/MIA Regular $29,000 56,594 Below WHITE 8G A Yes
10/03/08 BAY CITI Lease $34,000 29,653 Avg BLACK SA 8G A Yes

2005 BMW 325i - $30,995 MSRP

09/04/08 MANHEIM Lease $14,750 38,738 Avg JETBLK 6G A Yes
09/05/08 NEVADA Lease $14,000 69,418 Avg ALPINE W 6G A Yes
09/05/08 NEVADA Lease $13,250 58,233 Below TITANSLV 6G A Yes
09/05/08 MANHEIM Regular $15,900 32,610 Avg JETBLK 6G A Yes
09/09/08 STATESVL Regular $12,400 83,834 Below SILV 6G A Yes
09/09/08 RIVRSIDE Regular $16,300 32,682 Avg BLUE 6G A Yes
09/09/08 FAAO Lease $18,600 15,959 Above TITANIUM 6G A Yes
09/09/08 FAAO Lease $17,000 44,761 Above ALPINE W 6G A Yes
09/09/08 FAAO Regular $14,000 61,260 Avg BLUE 6G A Yes
09/09/08 BIG H Regular $15,200 36,547 Avg BLACK 6G S Yes
09/10/08 UTAH Lease $16,500 41,242 Above JET BLAC 6G A Yes
09/10/08 MILWAUKE Lease $15,500 49,055 Avg SILVER G 6G A Yes
09/10/08 DALLAS Regular $16,600 60,522 Above WHITE 6G A No
09/10/08 CADE Regular $12,800 68,014 Below BLUE 6G A Yes
09/11/08 RIVRSIDE Regular $16,500 32,759 Above BLUE 6G A Yes
09/11/08 RIVRSIDE Regular $14,000 39,853 Avg GREEN 6G 5 Yes
09/12/08 LAUD/MIA Regular $15,300 44,043 Avg RED 6G A Yes
09/12/08 LAUD/MIA Lease $13,200 49,513 Below SILVER 6G A Yes
09/16/08 FAAO Regular $17,000 29,678 Above SILVER 6G A Yes
09/16/08 ARENA Lease $12,100 67,109 Below BLACK 6G A Yes
09/17/08 BAY CITI Lease $18,750 31,141 Above TITANIUM 6G A No
09/17/08 ATLANTA Lease $14,600 72,824 Avg GRYGREEN 6G A Yes
09/18/08 MANHEIM Lease $16,500 27,213 Above BLUE 6G O Yes
09/18/08 MANHEIM Regular $16,300 30,369 Avg BLUE 6G A Yes
09/19/08 NEVADA Regular $15,000 51,818 Avg WHITE 6G A Yes
09/19/08 NEVADA Regular $13,000 36,396 Below SILVER 6G A No
09/23/08 OHIO Lease $16,750 15,993 Above ORIENT B 6G A Yes
09/23/08 FAAO Regular $16,000 22,230 Avg BLACK 6G A Yes
09/24/08 CADE Regular $13,300 49,020 Below Black 6G M Yes
09/24/08 BAY CITI Regular $16,400 28,928 Avg SLVRGRAU 6G A Yes
09/24/08 BAY CITI Regular $12,750 55,833 Below TITANIUM 6G A Yes
09/25/08 W PALM Lease $17,800 37,584 Above ALPINE W 6G A Yes
09/25/08 W PALM Lease $16,200 47,865 Avg TITANIUM 6G A Yes
09/25/08 W PALM Lease $15,400 36,684 Avg ALPINE W 6G A Yes
09/25/08 RIVRSIDE Lease $16,500 32,806 Above BLK SAPH 6G A Yes
09/25/08 RIVRSIDE Regular $14,750 39,940 Avg RED 6G A Yes
09/25/08 RIVRSIDE Regular $14,500 53,754 Avg BLUE 6G A Yes
09/26/08 LAUD/MIA Regular $14,900 38,792 Avg WHITE 6G A Yes
09/30/08 DFW Lease $14,000 40,903 Avg BLACK 6G A Yes
10/01/08 SEATTLE Lease $17,000 48,143 Above SILBERGR 6G A No
10/01/08 NADE Lease $14,400 39,809 Avg GRAY 6G A Yes
10/01/08 DALLAS Regular $12,800 78,663 Below GRAY 6G A Yes
10/02/08 NEVADA Regular $15,000 28,034 Avg GRAY 6G A Yes
10/02/08 MANHEIM Lease $16,250 38,716 Avg ALPWHITE 6G A Yes
10/02/08 GTR TMPA Regular $15,400 47,624 Avg SILVER 6G A Yes
10/03/08 NEVADA Lease $15,750 43,683 Avg BLK SAPH 6G A Yes
10/03/08 NEVADA Lease $15,000 55,585 Avg TITANSLV 6G A Yes
10/03/08 NEVADA Lease $13,500 32,940 Avg JET BLCK 6G A No

2006 325i - $30,900 MSRP

10/01/08 SEATTLE Lease $22,750 14,824 Above ALPINWEI 6G A Yes
10/01/08 SEATTLE Lease $19,750 34,392 Avg JET BLAC 6G A Yes
10/01/08 SEATTLE Lease $18,750 41,956 Avg JET BLAC 6G 6 Yes
10/01/08 SEATTLE Lease $18,750 37,287 Avg JETBLACK 6G A Yes
10/01/08 SEATTLE Lease $18,000 29,864 Avg SPARKLIN 6G A Yes
10/01/08 SEATTLE Lease $16,000 49,993 Below ARCTIC M 6G A Yes
10/01/08 SAN DIEG Lease $16,800 19,457 Below RED 6G A No
10/01/08 NEWBRGH Regular $18,400 20,055 Avg SILVER 6G 6 No
10/01/08 NASHVILL Regular $19,000 40,577 Avg SILVER 6G A Yes
10/01/08 MILWAUKE Lease $16,000 68,662 Below BLACK 6G A Yes
10/01/08 DAYTONA Regular $16,100 46,974 Below RED 6G A Yes
10/01/08 DALLAS Regular $21,300 35,653 Above RED 6G A Yes
10/01/08 ALOHA Lease $17,200 23,715 Below WHITE 6G A No
10/02/08 OHIO Lease $19,750 37,111 Avg GRAPHITE 6G 6 Yes
10/02/08 NEVADA Regular $20,750 21,902 Avg GRAY 6G A Yes
10/02/08 MANHEIM Lease $23,250 7,776 Above ELEC.RED 6G A Yes
10/02/08 MANHEIM Lease $22,250 16,419 Above JETBLK 6G A Yes
10/02/08 MANHEIM Lease $20,750 30,140 Avg JETBLK 6G A Yes
10/02/08 MANHEIM Lease $20,250 25,436 Avg TITANIUM 6G A Yes
10/02/08 MANHEIM Lease $20,000 31,152 Avg BLUE 6G A Yes
10/02/08 MANHEIM Regular $20,000 29,838 Avg SILVER 6G T Yes
10/02/08 MANHEIM Lease $20,000 28,133 Avg MONACOBL 6G A Yes
10/02/08 MANHEIM Lease $19,750 36,333 Avg JETBLK 6G 6 Yes
10/02/08 MANHEIM Lease $19,500 33,632 Avg ELEC.RED 6G A Yes
10/02/08 MANHEIM Lease $19,500 26,682 Avg JETBLK 6G A Yes
10/02/08 MANHEIM Lease $19,250 31,455 Avg ALPWHITE 6G A Yes
10/02/08 MANHEIM Lease $19,250 28,982 Avg MONACOBL 6G 6 Yes
10/02/08 MANHEIM Lease $19,250 13,016 Avg MONACOBL 6G A Yes
10/02/08 MANHEIM Lease $19,000 39,722 Avg ALPWHITE 6G 6 Yes
10/02/08 MANHEIM Lease $19,000 24,062 Avg TITANIUM 6G A Yes
10/02/08 MANHEIM Lease $19,000 23,087 Avg TITANIUM 6G A Yes
10/02/08 MANHEIM Lease $18,750 19,174 Avg SPRKGRPH 6G A Yes
10/02/08 MANHEIM Lease $18,500 41,249 Avg BLKSAPPH 6G A Yes
10/02/08 MANHEIM Lease $18,500 36,978 Avg ALPWHITE 6G A Yes
10/02/08 MANHEIM Lease $18,500 35,188 Avg JETBLK 6G 6 Yes
10/02/08 MANHEIM Lease $18,000 42,519 Avg TITANIUM 6G A Yes
10/02/08 MANHEIM Lease $18,000 41,625 Avg BLACK 6G A Yes
10/02/08 MANHEIM Lease $18,000 34,461 Avg JETBLK 6G A Yes
10/02/08 MANHEIM Lease $17,750 42,240 Below TITANIUM 6G A Yes
10/02/08 MANHEIM Lease $17,500 37,403 Below SPRKGRPH 6G 6 Yes
10/02/08 MANHEIM Lease $17,250 42,603 Below MONACOBL 6G A Yes
10/02/08 MANHEIM Lease $16,750 53,876 Below TITANIUM 6G A Yes
10/02/08 GTR TMPA Regular $20,800 20,034 Avg BLACK 6G A Yes
10/02/08 GTR TMPA Regular $19,300 48,167 Avg BLACK 6G A Yes
10/02/08 FRDKBURG Regular $19,250 16,909 Avg BLACK 6G Yes
10/02/08 ATLANTA Lease $22,000 26,442 Above SPRKGRPH 6G A Yes
10/02/08 ATLANTA Lease $21,400 32,001 Above MONACO 6G A Yes
10/02/08 ATLANTA Lease $21,000 27,986 Avg WHITE 6G A Yes
10/02/08 ATLANTA Lease $20,600 34,571 Avg TITANIUM 6G A Yes
10/02/08 ATLANTA Lease $20,600 21,494 Avg ARCTIC 6G A Yes
10/02/08 ATLANTA Lease $20,600 12,441 Avg MYSTIC 6G A Yes
10/02/08 ATLANTA Lease $20,200 35,043 Avg BLACK 6G A Yes
10/02/08 ATLANTA Lease $19,600 39,784 Avg SPRKGRPH 6G A Yes
10/02/08 ATLANTA Lease $19,200 41,166 Avg WHITE 6G A Yes
10/02/08 ATLANTA Lease $19,200 22,300 Avg BLACK 6G A Yes
10/02/08 ATLANTA Lease $19,000 49,036 Avg SPKGRAPH 6G A Yes
10/02/08 ATLANTA Lease $18,400 27,294 Avg ELECTRIC 6G A Yes
10/02/08 ATLANTA Lease $17,800 59,818 Below WHITE 6G A Yes
10/02/08 ATLANTA Regular $17,700 46,870 Below GRAY 6G A Yes
10/02/08 ATLANTA Lease $16,800 56,138 Below BLACK 6G A Yes
10/02/08 ATLANTA Lease $16,200 27,382 Below WHITE 6G 6 No
10/03/08 NEVADA Lease $24,000 20,758 Above JET BLCK 6G A No
10/03/08 NEVADA Lease $23,500 14,252 Above JET BLCK 6G A Yes
10/03/08 NEVADA Lease $22,500 22,485 Above JET BLCK 6G A Yes
10/03/08 NEVADA Lease $22,250 31,051 Above ALPINE W 6G A Yes
10/03/08 NEVADA Lease $22,250 17,738 Above TITANSLV 6G A Yes
10/03/08 NEVADA Lease $22,000 34,482 Above ALPINE W 6G A Yes
10/03/08 NEVADA Lease $22,000 22,278 Above JET BLCK 6G A Yes
10/03/08 NEVADA Lease $21,750 31,840 Above BLK SAPH 6G A Yes
10/03/08 NEVADA Lease $21,000 42,105 Avg ALPINE W 6G A Yes
10/03/08 NEVADA Lease $21,000 41,566 Avg BLK SAPH 6G A Yes
10/03/08 NEVADA Lease $21,000 34,577 Avg JET BLCK 6G A Yes
10/03/08 NEVADA Lease $20,500 34,137 Avg SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $20,500 22,594 Avg SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $20,500 19,881 Avg SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $20,000 35,971 Avg JET BLCK 6G A Yes
10/03/08 NEVADA Lease $19,750 36,328 Avg SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $19,000 48,454 Avg SPARKLIN 6G 6 Yes
10/03/08 NEVADA Lease $19,000 47,206 Avg SPARKLIN 6G 6 Yes
10/03/08 NEVADA Lease $19,000 40,236 Avg JET BLCK 6G A Yes
10/03/08 NEVADA Lease $19,000 29,328 Avg SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $19,000 27,213 Avg ARCTIC M 6G A Yes
10/03/08 NEVADA Lease $18,250 47,603 Avg ALPINE W 6G A Yes
10/03/08 NEVADA Lease $18,000 50,013 Avg TITANSLV 6G A Yes
10/03/08 NEVADA Lease $18,000 48,366 Avg ELECTRIC 6G A Yes
10/03/08 NEVADA Lease $17,500 44,261 Below SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $17,500 35,509 Below JET BLCK 6G A Yes
10/03/08 NEVADA Lease $17,000 51,657 Below BLUE 6G A Yes
10/03/08 NEVADA Lease $17,000 42,428 Below SPARKLIN 6G A Yes
10/03/08 NEVADA Lease $16,750 61,031 Below TITANSLV 6G A Yes
10/03/08 NEVADA Lease $16,750 29,869 Below JET BLCK 6G A No
10/03/08 MANHEIM Regular $21,500 35,493 Above GRAY 6G A Yes
10/03/08 MANHEIM Regular $21,000 33,863 Avg BLACK 6G A Yes
10/03/08 MANHEIM Lease $20,750 16,180 Avg LOM 6G A Yes
10/03/08 MANHEIM Lease $19,500 22,669 Avg SPRKGRPH 6G A Yes
10/03/08 MANHEIM Lease $19,000 31,942 Avg ALPWHITE 6G A Yes
10/03/08 MANHEIM Lease $18,000 40,095 Avg BLKSAPPH 6G A Yes
10/03/08 MANHEIM Lease $18,000 33,000 Avg TITANIUM 6G 6 Yes
10/03/08 MANHEIM Lease $17,100 34,036 Below BROWN 6G A No
10/03/08 MANHEIM Lease $16,000 31,491 Below JETBLK 6G 6 No

///M Series

2006 BMW M5 MSRP $81,200


09/04/08 MANHEIM Regular $49,200 31,582 Avg WHITE 10G A Yes
09/04/08 MANHEIM Regular $48,250 24,229 Avg BLACK 10G A Yes
09/09/08 STATESVL Regular $50,500 18,759 Above Black 10G A Yes
09/10/08 NADE Lease $51,500 17,656 Above BLACK SA 10G A Yes
09/15/08 FAAO Lease $37,000 43,452 Below INTERLAG 10G A No
09/17/08 NEWBRGH Regular $47,700 31,353 Avg WHITE 10G A Yes
09/17/08 BAY CITI Lease $38,250 62,632 Below SILVERST 10G A Yes
09/18/08 MANHEIM Regular $45,500 7,026 Avg BLACK 10G Yes
09/23/08 FAAO Regular $46,200 28,511 Avg BLACK 10G A Yes
09/24/08 NADE Regular $48,000 22,948 Avg RED 10G A Yes
09/24/08 CADE Lease $42,500 42,594 Avg WHITE 10G A Yes
09/25/08 RIVRSIDE Factory $44,500 10,743 Avg SILVERST 10G A Yes
09/30/08 SKYLINE Regular $36,000 98,548 Below Black 10C M Yes
09/30/08 DFW Lease $39,000 55,293 Below SILVGRAY 10G Yes
09/30/08 DFW Lease $37,500 64,974 Below SILVSTON 10G A Yes
10/02/08 MANHEIM Lease $53,500 17,739 Above ALPWHITE 10G S Yes
10/02/08 MANHEIM Regular $45,700 25,268 Avg BLUE 10G Yes
10/03/08 NEVADA Lease $44,000 19,465 Avg INDIANAP 10G A Yes
10/03/08 LAUD/MIA Lease $50,000 18,303 Above BLUE 10G A Yes
10/03/08 LAUD/MIA Regular $41,500 48,599 Avg SILVER 10G A Yes


2006 BMW M6 - MSRP $106,100

09/05/08 NEVADA Lease $54,000 28,191 Avg SILVETON 10G A Yes
09/10/08 NADE Lease $52,250 21,810 Below INTERLAG 10G A Yes
09/11/08 CINCINNA Regular $61,000 5,952 Above Black 10G N Yes
09/17/08 ATLANTA Lease $57,000 10,310 Avg SLVRSTON 10G A Yes
09/18/08 MANHEIM Regular $58,000 11,823 Avg RED 10G Yes
10/01/08 SEATTLE Lease $56,000 14,817 Avg SILBERGR 10G A Yes
10/02/08 ATLANTA Lease $56,000 12,729 Avg BLKSAPH 10G A Yes


BMW 550i MSRP - $57,600

09/04/08 MANHEIM Lease $27,000 49,081 Avg BLKSAPPH 8G A Yes
09/04/08 DET METR Lease $19,600 103,636 Below BLACK 8G A Yes
09/05/08 NEVADA Lease $25,250 51,190 Avg MONACO B 8G Yes
09/09/08 FAAO Lease $30,000 37,236 Avg JET BLAC 8G A Yes
09/09/08 FAAO Lease $30,000 31,566 Avg BLACK SA 8G A Yes
09/17/08 BAY CITI Lease $27,750 40,491 Avg AMETHYST 8G A Yes
09/17/08 BAY CITI Lease $27,500 45,875 Avg TITANIUM 8G A Yes
09/18/08 MANHEIM Lease $34,250 29,432 Above TITANIUM 8G A No
09/18/08 MANHEIM Lease $33,500 26,923 Above ALPWHITE 8G A Yes
09/18/08 MANHEIM Regular $28,750 18,659 Avg SILVER 8G Yes
09/23/08 OHIO Lease $30,000 43,653 Avg JET BLK 8G A Yes
09/25/08 RIVRSIDE Lease $25,500 46,903 Avg JETBLACK 8G A Yes
09/30/08 DFW Lease $25,000 45,676 Avg TITASILV 8G A Yes
10/01/08 ATLANTA Lease $30,400 23,123 Avg TITANIUM 8G A Yes
10/02/08 MANHEIM Regular $26,250 59,335 Avg BLACK 8G A Yes
10/03/08 MANHEIM Regular $29,900 30,883 Avg BLACK 8G A Yes

[magoo]

^^ I really like this guy; he knows his shit.

[Brandizzle]

Originally Posted by ckolsen

don't know where you get the 50% number, no BMWs I can think of are below 50% value even after 3 years.

[ckolsen]

Are we talking about dealer auctions, or actual prices people pay? Comparing MSRP to dealer auction 3 years later is ridiculous. Cars that lose a lot of value, like my E46 ZHP, had huge discounts when sold new. My 2004 330i was going for $7k off MSRP when new.

Owned? Show me which ones of those cars lost 50% in the first year, cause I don't see one.

[ckolsen]

Originally Posted by RossoCorsaItaly

Below I show that the 7 series, 5 series, 3 series, 6 series, and M series all lose close to 50% of their value within 2 years and even up to 60-70% in 3 years.

First you claimed "most BMWs lose 50% of their value in one year" - not 2 or 3 years.

And you're quoting prices in the middle of one of the worst months in US economic history, at a time when car sales are down 30-70% for just about every car maker.

[-=Hot|Ice=-]

Originally Posted by ckolsen

First you claimed "most BMWs lose 50% of their value in one year" - not 2 or 3 years.

And you're quoting prices in the middle of one of the worst months in US economic history, at a time when car sales are down 30-70% for just about every car maker.

I posted a thread a couple days ago.

Autoblog: By the numbers. which will take you here: http://www.autoblog.com/category/by-the-numbers/


Those are the numbers for September.

[RossoCorsaItaly]

Originally Posted by ckolsen

Are we talking about dealer auctions, or actual prices people pay?

Unlike houses there is no public record of what people pay for their cars, so there are only two ways to find out the actual sales price of a vehice. MMR (Manheim Market Retail) and eBay are the only two consistent source of information. Over the last 2 years I have done over a thousand hours of studying and watching eBay vehicle sales, I keep a close eye on over a hundred models of cars many of which include BMW. eBay which is available to the public on average is only 7% higher in actual selling price than dealer auctions. "Internet" dealers have very little overhead and are able pass the savings along to the public. Now you walk into a BMW dealer, of course the car is going to cost more; you are paying for their fancy showroom, the salary of the 5 sales guys standing around the water cooler, and countless other luxuries that are irrelevant to vehicle sales process.

If you have another type of ACTUAL concrete data showing vehicle sales outside of dealer auction records and eBay, we can throw that into the mix, otherwise eBay and MMR is all we have.

Cars that lose a lot of value, like my E46 ZHP, had huge discounts when sold new. My 2004 330i was going for $7k off MSRP when new.

All of my MSRP prices were BASE with absolutely no options, that easily offsets the discounts available.

Owned? Show me which ones of those cars lost 50% in the first year, cause I don't see one.

2007 BMW 750Li

MSRP - $79,900

MMR-

09/09/08 FAAO Lease $51,000 12,284 Above ALPINE W 8G A Yes
09/10/08 MILWAUKE Lease $48,000 24,433 Above JET BLAC 8G A Yes
09/11/08 RIVRSIDE Lease $48,000 11,515 Above GRY MTLC 8G A Yes
09/11/08 RIVRSIDE Lease $46,500 13,747 Avg BLACK 8G A Yes
09/11/08 RIVRSIDE Lease $45,000 23,289 Avg MICHIGAN 8G A Yes
09/15/08 FAAO Lease $46,500 12,718 Avg BLACK SA 8G A Yes
09/16/08 GA DLRS Regular $45,000 38,206 Avg BLACK 8G A Yes
09/17/08 BAY CITI Lease $50,500 7,365 Above TOLEDO B 8G A Yes
09/17/08 BAY CITI Lease $49,000 18,527 Above ALPINE W 8G A Yes
09/17/08 BAY CITI Lease $36,000 38,996 Below BLACK SA 8G A Yes
09/17/08 ATLANTA Lease $49,400 28,099 Above WHITE 8G A Yes
09/17/08 ATLANTA Lease $49,400 24,093 Above BLACK 8G A Yes
09/17/08 ATLANTA Lease $45,400 32,705 Avg TITANIUM 8G A Yes
09/17/08 ATLANTA Lease $45,200 32,284 Avg BLACK 8G A Yes
09/18/08 MANHEIM Lease $48,500 30,777 Above ALPWHITE 8G A Yes
09/18/08 MANHEIM Lease $45,000 30,163 Avg MICHIGAN 8G A Yes
09/19/08 MANHEIM Regular $46,000 24,614 Avg BLUE 8G Yes
09/23/08 TENN Regular $44,000 35,328 Avg BLACK 8G Yes
09/24/08 NADE Lease $37,250 48,291 Below BLACK SA 8G A Yes
09/25/08 RIVRSIDE Lease $47,500 24,799 Above BLK SAPH 8G A Yes
09/25/08 RIVRSIDE Lease $45,750 20,213 Avg ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $44,750 30,312 Avg ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Lease $41,500 30,060 Avg BARBERA 8G A Yes
09/25/08 RIVRSIDE Lease $41,100 27,582 Avg GRY MTLC 8G A Yes
09/25/08 RIVRSIDE Factory $40,000 19,708 Avg ALPWHITE 8G A Yes
09/25/08 RIVRSIDE Factory $39,500 16,203 Avg STERLING 8G A Yes
09/25/08 RIVRSIDE Factory $38,000 14,038 Below BLK SAPH 8G A Yes
09/25/08 ATLANTA Factory $42,000 11,940 Avg BLACK 8G A Yes
09/26/08 MANHEIM Regular $24,500 26,182 Below BLACK 8G No
10/01/08 NADE Regular $36,000 14,977 Below SILVER 8G No
10/01/08 ATLANTA Lease $45,000 30,749 Avg BLACK 8G A Yes
10/02/08 MANHEIM Regular $49,700 11,198 Above SILVER 8G A Yes
10/02/08 ATLANTA Lease $40,000 33,855 Avg TITANIUM 8G A Yes
10/02/08 ATLANTA Lease $39,600 37,368 Avg WHITE 8G A Yes
10/03/08 NEVADA Lease $49,000 15,576 Above BLK SAPH 8G A Yes
10/03/08 NEVADA Lease $47,000 7,295 Avg ALPINE W 8G A Yes
10/03/08 NEVADA Lease $43,000 28,153 Avg MONACO B 8G A Yes

2007 BMW B7 Alpina - $125,000

MMR-


07/15/08 FAAO Lease $73,500 21,304 Above BLACK SA 8G A No
07/17/08 RIVRSIDE Lease $70,000 23,228 Above JETBLACK 8G A Yes
07/17/08 RIVRSIDE Factory $47,500 32,881 Below JETBLACK 8G A No
08/20/08 BAY CITI Factory $60,000 5,509 Below JET BLAC 8G A No
09/03/08 MANHEIM Factory $70,750 14,132 Above ALPINA 8G A Yes
09/30/08 DFW Lease $68,000 6,012 Avg BLACK 8G A Yes





Now, here's the point I'm making. Instead of nitpicking on each others posts, let me clarify what I am trying to say and you tell me if you disagree with me. My original post was pointing out that NEW BMW's have poor resale value and can drastically drop within a year (on some models maybe it is 20% on others maybe 50%, regardless it's a big chunk of $). But, unless one can financially afford to take a 5 figure hit or are able to write off their car via corporate lease, do you feel that it is a good idea to purchase a brand new BMW? The issue with economy today is that people who make $30,000/year are running off and buying brand new BMW's that lose $10,000+ within a year or two. I'm not saying these people don't deserve to drive BMW's but they can go and purchase a pre-owned model a couple of years old at HALF the cost of the new one. Instead they use poor incentives like 0.9% financing and a warranty which VERY RARELY save them anywhere near $10,000+ on their cars.

I think it's hard to disagree that it's extremely hard to justify buying new as opposed to pre owned unless you make 6 figures a year which many buying these cars don't.

[ckolsen]

Originally Posted by RossoCorsaItaly

Now, here's the point I'm making. Instead of nitpicking on each others posts, let me clarify what I am trying to say and you tell me if you disagree with me. My original post was pointing out that NEW BMW's have poor resale value and can drastically drop within a year (on some models maybe it is 20% on others maybe 50%, regardless it's a big chunk of $). But, unless one can financially afford to take a 5 figure hit or are able to write off their car via corporate lease, do you feel that it is a good idea to purchase a brand new BMW? The issue with economy today is that people who make $30,000/year are running off and buying brand new BMW's that lose $10,000+ within a year or two. I'm not saying these people don't deserve to drive BMW's but they can go and purchase a pre-owned model a couple of years old at HALF the cost of the new one. Instead they use poor incentives like 0.9% financing and a warranty which VERY RARELY save them anywhere near $10,000+ on their cars.

I think it's hard to disagree that it's extremely hard to justify buying new as opposed to pre owned unless you make 6 figures a year which many buying these cars don't.

Yeah, ok, I totally agree with that. New BMWs are a ripoff, even with 0% financing, it's really hard to justify buying a new one. In fact the guy who sold me my 18 month old 330i said "next time I'm gonna do what you did, let someone else eat the depreciation." He went out and bought a used E46 M3.

And some of those auction prices on 7 series are really shocking.

[-=Hot|Ice=-]

BMW has yet again changed it's sales plans:

As you all know by now BMW made the decision a few months ago to change its strategy. They opted to use the “pull” mentality in much the way MINI operates and has been successful, a car is sought by a purchaser rather than pushed by the dealer. This is to keep supply and demand in check and not allow for a huge inventory or surplus of cars.

Indications from inside Woodcliff Lakes is that there is another change coming. All indications are that the pull plan is going out the window because the economic downturn has gone global and is not just a US issue. BMW had cut US allocations to send them elsewhere, the problem is that elsewhere is getting hit harder with this downturn than the US. The economy in Russia has lost about half of its value in the past few months, a key emerging market for BMW that is no longer going to have the anticipated demand. That is not to mention the issues in Europe and the remainder of Asia.

As we reported yesterday, BMW will be cutting overall production at the Leipzig plant. This was not part of the original plan of just moving allocations, by eliminating cars this signifies something far worse. The other major issue is that customers are not making large scale purchases, like cars, in fear of our economy worsening. This is not helped by the “pull” mentality and the fact leases are not being subsidized as much as in the past. While the industry as a whole is suffering BMW is seeing former customers looking elsewhere for a lower payment as even with the Owner Loyalty rates BMW is not even in the same ballpark payment wise as other marquees.

In a nutshell BMW has indicated that they will announce “a new aggressive sales and marketing plan by tomorrow”. Making Friday announcements is a technique BMW has been using to spur commenting on blogs and forums over the weekend to get some easy free marketing; mainstream media will cover it as well but over the weekend word of mouth picks up a bit.

We suspect that leases may become a bit more reasonable but more so that financing will become even better for longer periods of time. This would make buying the car via financing have similar payments as a lease. There may be new “pull ahead” programs to get existing lease customers into newer cars sooner with special money factors. While these ideas are pure speculation, something is coming tomorrow and it should move cars.

From our conversations with salespeople in the industry this is welcomed news, as they are getting minimal traffic these days and financially hurting badly.

We should have more details by tomorrow afternoon so stay tuned.

BimmerFile Archive BMW Re-thinking Sales Plan

[ckolsen]

BMW is focked, no matter what they do. I've lost the value of a new 335i in my 401k this year - 0% financing isn't gonna make me say "Oh cool, I think I'll buy a new BMW!"

[-=Hot|Ice=-]

Originally Posted by ckolsen

BMW is focked, no matter what they do. I've lost the value of a new 335i in my 401k this year - 0% financing isn't gonna make me say "Oh cool, I think I'll buy a new BMW!"

On a related note:

After a recent discussion of BMW’s higher 2009 prices with a friend, I wanted to see for myself how expensive the new Bimmers have become.

If you hate numbers, don’t read this.

I own a 2006 330xi. New, “Claus,” as I affectionately call him, stickered for $46,990. He started at $38,500, plus $695 destination. Very few option boxes were left unchecked … Sport Package ($900), Premium Package ($2200), Cold Weather Package ($850), navigation ($2000), satellite radio ($595), iPod and USB adapter ($400), Comfort Access ($500), Park Distance Control ($350), all there. The only significant options not found on Claus’ window sticker were the automatic transmission (if you can drive a 6-speed, buy a 6-speed), 18-inch wheels (I don’t understand an all-wheel-drive car with summer performance tires), and metallic paint (I have a thing for white cars.)

For comparison, on BMWUSA.com, I built a 2009 335i xDrive Sedan, a white one, and selected the same options.

$52,645. I had a mild coronary.

The thought of spending more than $50k on a car, on anything really, scares me a little. It’s kind of a psychological barrier for me. And a 12% price increase over what my car cost in 2006 initially made me think BMW has become a trifle greedy. Then I started really looking at the numbers.

First, the 330xi became the 335xi in 2007 with the addition of the turbocharged, 300-hp engine. That change sparked a $2300 bottom-line bump, taking the base price of the 335xi to $40800. Worth it? Probably.

Destination charges have also increased since 2006, going from $695 on my car, to $825 today. The fuel used to transport BMW’s to dealerships undoubtedly justifies the $130 increase that represents.

2009 335i xDrive by the numbers

[magoo]

Destination charges have also increased since 2006, going from $695 on my car, to $825 today. The fuel used to transport BMW’s to dealerships undoubtedly justifies the $130 increase that represents.

Is this guy serious? Has this guy ever heard of massive transportation?

That entire post just defies logic left and right. Has the guy got a degree in business? Innovation demands new equipment at the same price as time progresses.