[Www777]

I’m considering trading in my 2018 Ford Raptor with 40,000 miles on it, and the trade in value I got was 85% of my original cost. What will be the approximate value of a G82 that’s three years old with 40,000 miles? Around 55%?

[GOLFFRR]

who knows. A lot can happen in 3 years. I know thats not the answer you are looking for but so many factors are in play from now till then. Right now, there is a huge shortage of vehicles so re sale is high so its def a sellers market. IF there was ever a time to sell a truck now is the perfect storm from what we are seeing out here. Hard to find trucks

[EXE46]

It's worth 85% because of the current market otherwise it would have depreciated more in a normal market. We may never see these times again where every used car is worth thousands above market value regardless of brand.

Before this crazy market it was usually the Toyota's, Honda's that were selling above lease payoff etc now every car is suddenly worth thousands above payoff. I recently sold a lease and pocketed over 3k. Some people pocketing 10, 11K sometimes rendering their lease cost near zero lol. I have even seen posters claiming they sold their pickup's to third party buyers for more than they had initially paid for it. That right there tells you all you need to know...

[ZGM3]

Originally Posted by Www777

I’m considering trading in my 2018 Ford Raptor with 40,000 miles on it, and the trade in value I got was 85% of my original cost. What will be the approximate value of a G82 that’s three years old with 40,000 miles? Around 55%?

Take a look at CarEdge.com:
I am not sure how accurate it is, maybe give you an starting point to figure it out:
They have the M2 and M5 on the site, not M3/4 yet

https://caredge.com/bmw/m5/depreciat...89&o=3&m=10500

[Der_Wolf]

[Jproos]

Originally Posted by der_wolf

Attachment 2618951

😂😂😂

[NinjaBum]

If you're worried about that I'd just lease, honestly.

[Multimodal]

Lease residuals are a good starting point. They are estimates of resale value set by actuarial professionals. The current residual for the M3 is 57% on a 3 year 36K mile lease which implies a $85K 2021 M3 will be worth $48K in 2024.

57% is a bit lower than typical M3 residuals as I understand it - they often hover around 61% - but BMW residuals are often a little bit higher than the actual resale value (i.e., they are subsidized) because BMW wants to make lease payments more affordable.

[vj123]

Lot of unknowns. Who thought new and used car market would get this crazy beginning last year or even how long its gonna last.

On a regular note, you can consider current residual value to be a fair ballpark and add or minus 10% to it.

[r3dbimmer89]

Looking at the past year, predicting the price of anything in the next 3 years is like throwing a penny in a sea possibilities...

[KevinGS]

OMG LOL at the advice to simply Call Miss Cleo

[mlover789]

Originally Posted by Mr. Maboomba

Lease residuals are a good starting point. They are estimates of resale value set by actuarial professionals. The current residual for the M3 is 57% on a 3 year 36K mile lease which implies a $85K 2021 M3 will be worth $48K in 2024.

57% is a bit lower than typical M3 residuals as I understand it - they often hover around 61% - but BMW residuals are often a little bit higher than the actual resale value (i.e., they are subsidized) because BMW wants to make lease payments more affordable.

Wow so i should lease my vehicle. Too many accidents where I live (not. Fault)

[frankiebones]

Originally Posted by Der_Wolf

Attachment 2618951

R.I.P. Miss Cleo

[frankiebones]

Originally Posted by Www777

I’m considering trading in my 2018 Ford Raptor with 40,000 miles on it, and the trade in value I got was 85% of my original cost. What will be the approximate value of a G82 that’s three years old with 40,000 miles? Around 55%?

Given your trepidation have you considered leasing? I have never owned a car in my life and consequently never worry about the resale. I have my worst case scenario (sum of the payments plus the overage miles x $.27 cents). I get a new car whenever I want one and I never pay for maintenance.

[xlover]

Originally Posted by Www777

I’m considering trading in my 2018 Ford Raptor with 40,000 miles on it, and the trade in value I got was 85% of my original cost. What will be the approximate value of a G82 that’s three years old with 40,000 miles? Around 55%?

as others have noted if your horizon is 3 years, leasing is the way to go with BMW, the subsidization to hook consumers onto the new every 3 flywheel generally is financially optimal vs a buy, trade, rinse, repeat. And the penalty for breaking the flywheel is in reality minimal ($300 disposition fee if you do not reup with BMW).

Exceptions, like the used market today, are rare. Knowing you are in a peak exception period, the likelihood of another exception period 3 years from now is even lower than it would be in normal market circumstances.

[Multimodal]

Check out my thread at https://g80.bimmerpost.com/forums/sh....php?t=1820937. If you plan to swap cars every three years then I agree leasing is the right path especially in states where you only pay taxes on the lease payment. If you might keep the car longer don't do lease-to-buy. The transaction costs (acquisition, disposition, excess mileage, wear and tear fees, etc.) and financing costs of leasing are higher than a 0.9% APR loan.

[snareman]

Originally Posted by frankiebones

R.I.P. Miss Cleo

I know. Now we'll never know about resale...

[N1rve]

Originally Posted by Www777

I’m considering trading in my 2018 Ford Raptor with 40,000 miles on it, and the trade in value I got was 85% of my original cost. What will be the approximate value of a G82 that’s three years old with 40,000 miles? Around 55%?

The time right now is very strange, I helped my friend sell his base no option 2018 Subaru WRX for $24,200. Car max is asking 29,000 + tax. You can buy a new one for LESS than that (27,500)! So literally right now, used car market is so over priced that I advise anyone that is thinking about buying a car right now, just buy new.

So if you want to sell a car, now is the time assuming you aren't picking up another used car.

[Scorp!on]

well BMW M Models tend to keep a pretty high resale value.

Just en example:
An F80 with max 50k km on it will go over 65k CHF (Swiss franks, about 73k$)

If you're lucky you get it under 55k CHF.

of course at the moment the used market is exploding as there are shortages...but M cars keep a good value if you don't fu** them up.

[AndroidRobot]

Originally Posted by Www777

I'm considering trading in my 2018 Ford Raptor with 40,000 miles on it, and the trade in value I got was 85% of my original cost. What will be the approximate value of a G82 that's three years old with 40,000 miles? Around 55%?

you have to remember the market right now is extremely skewed due to the new vehicle shortages going on. My neighbor got sticker for his Raptor with 15K miles on it which will never happened again like this. realistically you should expect normal depreciation on these.

Edit: Example, my 2018 M2 (non-comp, fully loaded) with 9100 miles retails now for $56,485 which is insane. A few months ago when I bought it, clean retail via NADA was $48K, now that's rough trade.

[-Vanguard-]

You're gonna lose a solid 40K on it over 3 years.

American performance cars like the Raptor and Jeep SRT/Trackhawk tend to hold their values REALLY well historically, not just this year. I traded in a 3 year old 81K MSRP (I paid around 72K for it after discounts) 2018 Jeep SRT for 52K. That was trade in, not private.

These big american muscle SUV's/Trucks always did well.

M cars do a little bit better than their non M counterparts, but no BMW is maintaining that kind of resale value. Expect to lose 45% of the value or so.

[Axix23]

Originally Posted by -Vanguard-

You're gonna lose a solid 40K on it over 3 years.

American performance cars like the Raptor and Jeep SRT/Trackhawk tend to hold their values REALLY well historically, not just this year. I traded in a 3 year old 81K MSRP (I paid around 72K for it after discounts) 2018 Jeep SRT for 52K. That was trade in, not private.

These big american muscle SUV's/Trucks always did well.

M cars do a little bit better than their non M counterparts, but no BMW is maintaining that kind of resale value. Expect to lose 45% of the value or so.

Whats the reasoning on the M cars not holding their value? I figure with it being more rare, it would be even better??