For the best resale value among all luxury cars, look no further than the BMW M3. According to IntelliChoice, five years after purchase the legendary performance variant of the BMW 3 Series is projected to retain 56.5 percent of its initial value.
Why don t BMW cars hold their value?
The first reason why luxury cars depreciate faster than normal cars is due to the fact that they are more expensive to begin with – and a lot of this additional expense is due to the “intangibles” that come with luxury vehicles (i.e. the prestige associated with owning a car from a brand like BMW, Audi or Mercedes-Benz
Does Mercedes or BMW hold value better?
“Everyone – both young and old – loves a Mercedes-Benz. Mercedes-Benz vehicles have long held their value, and I strongly believe that they always will.
BMW vs Mercedes-Benz vs Audi – here’s which has the best resale value in South Africa.
Ranking |
Vehicle |
Percentage |
1 |
Mercedes-Benz |
70.10% |
2 |
Audi |
62.49% |
3 |
BMW |
58.65% |
How quickly do BMW depreciate?
Depreciation varies by car model, make, upkeep and other factors, but new car depreciation can generally be as much as 20% (or even more) in the first year and reach around 40% after five years.
Top 5 highest vehicle depreciation rates.
Rank |
2 |
Model |
BMW i3 |
Average five-year vehicle depreciation rate |
63.1% |
Which BMW holds the most value? – Related Questions
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% |
Which car loses its value fastest?
Vehicles that Depreciate the Most
Top 10 Vehicles With the Highest Depreciation – iSeeCars Study |
|
|
1 |
Nissan LEAF |
65.1% |
2 |
BMW i3 |
63.1% |
3 |
BMW 7 Series |
61.5% |
4 |
Maserati Ghibli |
61.3% |
Do BMW M cars hold value?
Thanks to its loyal following, it easily hangs onto its value through the years. Since it came out, this luxury car has only lost about 42% of its original value. By the time it reaches the 10-year mark, it’ll likely depreciate by 70%. That’s comparable to other cars in its class and in line with most M cars.
How much do new BMWs depreciate?
A BMW 3 Series will depreciate 37% after 5 years and have a 5 year resale value of $31,331. Once driven off the new car lot, the BMW 3-Series loses value quickly, as do most BMWs. For new purchases, after three years, your 3-Series will be worth about 60% of its original sticker price.
Do luxury cars depreciate faster?
Among all automotive segments, luxury cars tend to suffer the most from depreciation. According to the CEO of iSeeCars, Phong Ly, luxury vehicles—especially SUVs—tend to depreciate the most because of their high retail prices, which have to go down to a reasonable extent to attract budget-conscious used-car buyers.
How fast do Mercedes depreciate?
Mercedes’s mid-range luxury sedan depreciates 67.2 percent after just five years of ownership, which means a $35,582 loss of value on average.
Does Toyota hold its value?
Toyota also demonstrates tremendous strength in resale value in the expanding midsize pickup truck market with its Tacoma. And while the Tundra has not delivered the sales numbers as its domestic rivals among full-size pickups, its entry does an exceptional job in retaining value.
Does BMW depreciate more 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.
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.
Which car does not depreciate?
Vehicles That Depreciate the Least
Top 10 Vehicles With the Lowest Depreciation – iSeeCars Study |
Rank |
Model |
Avg $ Difference from MSRP |
1 |
Jeep Wrangler |
$2,796 |
2 |
Jeep Wrangler Unlimited |
$3,810 |
3 |
Porsche 911 |
$20,710 |
What are the top 10 cars not to buy?
There are more than 100 models listed, all built in the last decade. Use the pull-down menu to view car models by brand.
Used Cars to Avoid Buying.
|
Model |
Year(s) to Avoid |
Ford |
Ranger |
2019 |
GMC |
Acadia |
2011-2013, 2016-2017, 2020 |
GMC |
Canyon |
2017-2019 |
GMC |
Sierra 1500 |
2015, 2017, 2019-2020 |
What car will last the longest?
Longest-Lasting Cars: Toyota’s Land Cruiser Easily Wins the Top Spot
Longest-Lasting Vehicles to Reach 200k Miles – iSeeCars Study |
|
|
Rank |
Vehicle |
% of Cars Over 200k Miles |
1 |
Toyota Land Cruiser |
16.3% |
2 |
Toyota Sequoia |
11.2% |
3 |
Chevrolet Suburban |
5.1% |
What car keeps its value?
The vehicles that best hold their value after five years of use are the Porsche 911, Kia Rio, Mazda3, Honda Civic, and GMC Canyon. The Porsche earns a spot on the list thanks to a long list of special models and trims that depreciate little (or even appreciate in value, in some cases).
Which car brands last the longest?
Toyota earns the top spot as the best automaker for dependability. Toyota vehicles are known for their longevity, and they are proven to last longer than any other brand. Toyotas are built so well they have below-average maintenance and repair costs, which helps contribute to why they remain on the road for so long.