The average car depreciation over the first five years is 40.1 percent, and the five-year-old cars with the best resale value depreciate 1.6 to 4.4 times less than average, as shown below.
Luxury Midsize SUVs.
Ranking of Luxury Midsize SUVs by Depreciation – iSeeCars Study |
|
|
9 |
BMW X5 |
53.7% |
|
Midsize Luxury SUV Average: 46.2% |
|
Do BMWs hold their value?
The BMW 2 Series holds its value even better, with the most accurate BMW resale value estimates expecting it to retain around 49% of its total value after five years. Once again, around 25% of that depreciation takes place within the first two years.
What is the average depreciation of a BMW?
BMW Depreciation
Year |
Depreciation |
Residual Value |
2019 |
23.47% |
76.53% |
2018 |
31.80% |
68.20% |
2017 |
41.14% |
58.86% |
2016 |
47.08% |
52.92% |
Do BMW depreciate faster than Mercedes?
That’s because it has the dubious distinction of being the first vehicle to break the 70% depreciation barrier after five years of ownership. BMW Series 7 depreciate even faster than their Mercedes Benz rivals, which is terrible news for anyone that bought them new and great news for anyone buying them used.
Does BMW depreciate fast? – Related Questions
What is the slowest depreciating car?
Vehicles That Depreciate the Least
Top 10 Vehicles With the Lowest Depreciation – iSeeCars Study |
Rank |
Model |
Average 5-Year Depreciation |
1 |
Jeep Wrangler |
9.2% |
2 |
Jeep Wrangler Unlimited |
10.5% |
3 |
Porsche 911 |
12.8% |
Which luxury car holds its value best?
Luxury Brands with the Best Resale Value
Rank |
Brand |
5 Year Resale Value |
1 |
Tesla |
68.72% |
2 |
Lexus |
66.53% |
3 |
Acura |
65.74% |
4 |
Porsche |
62.65% |
Do Mercedes or BMW hold their value better?
According to Darryl Jacobson, managing director of True Price, Mercedes-Benz rules the resale roost, BMW vehicles have the worst resale value while Audi slots in neatly between the two other Germans. His findings are based on an analysis of True Price data.
Do AMG cars hold value?
Mercedes has only a few models from its extensive lineup that are projected to retain less than 40 percent of their original value after five years. S-Class cars, AMG GT 4-Door Coupes, and the Maybach GLS SUV are among the 2021 vehicles expected to depreciate the most.
Which is better a BMW or Mercedes?
BMW might be better for you if you want a spirited drive with better fuel economy ratings. On the other hand, Mercedes vehicles are known for safety and come with many high-tech features. The choice is left up to you. You can’t go wrong with a BMW or Mercedes if you are looking for a luxury car.
Why do luxury cars depreciate quickly?
Luxury cars have steep depreciation because owners likely trade them in when they become outdated and used car buyers don’t want to pay a high premium on a dated model. Additionally, they are expensive to maintain and the high cost of ownership impacts resale value.
Why do Audis lose value so fast?
The reason why technology causes Audis to depreciate is because they use so much of it. Today, luxury cars are packed with power options, screens, software infotainment systems, and all kinds of cross-device integration.
Is buying a used BMW a good idea?
Many experienced owners and mechanics will tell you to stay far away from used BMWs, especially ones from the last 20 years, or so. They are simply not worth the money you will no doubt have to pour into them. They break easily, the parts are expensive, and the labor costs are astronomical.
Is Audi better than BMW?
BMW often edges out Audi in handling, with their cars designed to offer the “ultimate driving experience.” Audi cars are slightly less agile than BMW because their overall stiffer suspension systems maximize a smooth, comfortable ride. For reliability, BMW consistently ranks higher.
Who sells more cars Audi or BMW?
BMW is back on top as it beat Mercedes-Benz and Audi in annual global sales in 2021.
Who drives BMW?
BMW drivers are…
According to YouGov, BMW drivers are most commonly male, aged 40-59, and live in East Anglia. They’re likely to hold right wing political views and work in the business, finance or consulting sectors.
Which German car is the best?
Best German Cars
- 2022 Volkswagen Golf R. Overview.
- 2022 Volkswagen Passat. Overview.
- 2023 Audi A3. Overview.
- 2023 BMW 7 Series. Overview.
- 2023 Volkswagen Jetta. Overview.
- 2023 Volkswagen Arteon. Overview.
- 2022 Audi A6 allroad. Overview.
- 2023 BMW 4 Series. Overview.
Which is cheaper to maintain Audi or BMW?
If you change your car fairly regularly then you most likely will not be paying over the odds to maintain your Audi as routine work does not differ in price by much. Audi are in fact cheapest for steering and suspension work and electrical and batteries.
What lasts longer Mercedes or BMW?
The J.D. Power 2021 Vehicle Dependability Study assessed 2018 models of the world’s most famous brands, noting number of problems per 100 vehicles. BMW came 11th with a score of 108 issues. Mercedes-Benz ranked 15th with 122. So it’s very close, but BMW looks to fare best of the two for reliability.
Which German brand is most reliable?
Volkswagen is the flagship brand for the Volkswagen Group and is considered to be one of the most reliable brands on the global market.
Is BMW expensive to repair?
Is BMW maintenance expensive? Yes, BMW’s maintenance cost after the warranty is more expensive than many other brands – luxury or not. A BMW can cost about $5,000 more to maintain over a 10-year period than a Mercedes-Benz, and $12,000 more than a Toyota.