For as long as I can remember the BMW 7 Series has held the title of fastest depreciating car in this county - losing 27% of it's original value in the first 12 months, another 20% in the 2nd and 17% in the 3rd for a 3 year resale value of 36%.
Now there might be a new pair of depreciation contenders for the title: both from the beloved blue oval.
Let me see what sort of talented trade valuers we have on here before I reveal the actual figures.
A T3 TE50, 14 months old, 15k km, immaculate and pretty much stock. Original purchase price when new $61,860.
A current model LTD - 12 months old, 14k km, SatNav, roof and usual goodies also in mint condition. Original purchase price $77,106.
Obviously the poll is multi choice so that you can select a range for both - 1 selection for each only please.
__________________ Slothmobile™n. (slōthmōbēl)
Off-white EL Series II Falcon GLi Sapphire (4.0L Slothmatic™) with K&N Filtercharger, Tickford Sports Suspension, DBA Longlife Gold (front), DBA Longlife Slotted (rear) and Bendix Ultimates all round. Driven by The Slothman™.
Well, I saw a T3 TE50 with Brembos for $47k even before the Gt came out so that's an indication. And LTD, well you get $10k off at a minimum if you buy new anyhow.
Also, looking at the used market in its current wholesale condition I would love to be a buyer for such a car!
BA'1.5' Pursuit 290
Lightning Strike / Reflective Orange Stripes 'General' Dog - AP's German Shepherd and Best Mate - 02Dec1998-15Dec2003.
'Pepper' Dog - General's and My Little German Shepherd Sweetie - 1996?-02Apr2006. 'Sako' Dog - My Beautiful and Pretty German Shepherd - 2001?-23Aug2006.
Just sold a TS50 T3, traded in on a XR8 ute. $44,000 inclusive of GST. It sold for $42,000 throught the dealer.T3 had 32,000 K's.The T3 was fully optioned. Also had herrod's 300 kw upgrade. Full herrod's exhaust,chip, lowered, and original rims unused. The car was $80,000 on the road plus mods.
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