[///M TOWN]

Originally Posted by two_three_two

you eat 40-50% of depreciation in the first three years, with ~20% of that coming in the first year. if you paid approx. 80, i'd expect dealer trade in after one year to be approx. 60.

actual trading hands prices, BAT is a decent gauge.

example 1: https://bringatrailer.com/listing/2024-bmw-m2-2/
1,600 miles, 67,445$ MSRP, sale price of 58k (14.7% depreciation), 60,900$ with buyers fee (10.4% depreciation)

example 2: https://bringatrailer.com/listing/2024-bmw-m2-4/
3,600 miles, 70,695$ MSRP, RNM at 62,000$ (12.2% depreciation) 65,100 with buyers fee (~8% depreciation) granted, this one has some mods, and was still firmly a current model year car when it inexplicably went RNM here.

as i've held here before, lower option cars will likely do better for owners when the time comes to move on. to directly answer your question, my car has BSM, carbon roof, heated wheel, park assist, and aluminum trim - 67,995 MSRP - and my sales guy threw out a 55-58k range last time i saw him if i wanted to flip into a 25 or a G80. its a 24 with ~12k miles when he saw it last. so a range of 19.1% depreciation to 14.6%.

My F87 hasn’t depreciated like that at all

I am just saying

[JABCAT]

Originally Posted by ///M TOWN

My F87 hasn’t depreciated like that at all

I am just saying

Yeah, definitely depends on the model of vehicle. We were able to pick up my wife's X3MC exactly 1 year old & 15k mi for $68.5k, original MSRP $89.7k. But other vehicle we traded were better. '23 Grand Cherokee L, MSRP $70k, purchased new (ordered) for $64k, traded in 11 months later at $59k. It's a crap shoot.

[///M TOWN]

Originally Posted by JABCAT

Yeah, definitely depends on the model of vehicle. We were able to pick up my wife's X3MC exactly 1 year old & 15k mi for $68.5k, original MSRP $89.7k. But other vehicle we traded were better. '23 Grand Cherokee L, MSRP $70k, purchased new (ordered) for $64k, traded in 11 months later at $59k. It's a crap shoot.

Nicely done…

I paid $61,000 brand new for my LCI M2 DCT Completely loaded almost 7 years ago and it’s still worth a shit ton currently even with the car market starting to calm down

[gondolafanclub]

Originally Posted by ///M TOWN

Nicely done…

I paid $61,000 brand new for my LCI M2 DCT Completely loaded almost 7 years ago and it’s still worth a shit ton currently even with the car market starting to calm down

im gonna be selling or trading my dct 2020 f87 when my g87 comes, i dont think i'll get more than low 40s on it

[rons e92]

Originally Posted by BMWFanatic2008

Oh man. Where in NY is this? And how long ago?

Port Jefferson 8/19

[///M TOWN]

Originally Posted by gondolafanclub

im gonna be selling or trading my dct 2020 f87 when my g87 comes, i dont think i'll get more than low 40s on it

How many miles are on it?

Low 40’s for a trade figure perhaps 🤔

[gondolafanclub]

Originally Posted by ///M TOWN

How many miles are on it?

like 31k atm

[///M TOWN]

Originally Posted by gondolafanclub

like 31k atm

That’s how many miles I have on mine

I would seriously consider selling that car yourself that sounds awfully low

Do you receive a sales tax credit in your state?

[gondolafanclub]

Originally Posted by ///M TOWN

That’s how many miles I have on mine

I would seriously consider selling that car yourself that sounds awfully low

Do you receive a sales tax credit in your state?

i would yeah, and i havent received a formal offer from my dealer either way. too far out from delivery
im going to see what they offer and check around a few other places before i decide

[///M TOWN]

Originally Posted by gondolafanclub

i would yeah, and i havent received a formal offer from my dealer either way. too far out from delivery
im going to see what they offer and check around a few other places before i decide

That’s a good idea definitely do your research. The tax credit is enticing and if there’s anything of value on your car, remove it put your stock stuff back on and make the car as stock as possible. I would also check with another local dealer for buy bid and see what they’ll offer you

[c1pher]

I always check https://www.cargurus.com/Cars/car-valuation and it seems to be pretty accurate based on their data. I have transacted several vehicles and the numbers have been very close, so much so, that I trust it.

[DrewNewM2]

Originally Posted by gondolafanclub

like 31k atm

Check NADA values. Your car is probably worth mid to high 30Ks on trade and low to mid $40k private party.

[MineralGreyMetallic]

Just as another data point ...

I traded my 2017 OG F87 w/ 28k miles for $36.5. I bought it for $54.

$36.5 was also the Carvana offer. I probably could have got a little more, but didn't care to haggle.

Just to throw a wrench into things; one thing we often don't consider is rate of inflation. It was unusually high from 2021-2023, so that $36.5 isn't as good as it seems on the surface.

[Montaver]

I just posted mine for sale so I guess we shall see!

https://g87.bimmerpost.com/forums/sh....php?t=2138483

[robopp]

Originally Posted by JABCAT

Yeah, definitely depends on the model of vehicle. We were able to pick up my wife's X3MC exactly 1 year old & 15k mi for $68.5k, original MSRP $89.7k. But other vehicle we traded were better. '23 Grand Cherokee L, MSRP $70k, purchased new (ordered) for $64k, traded in 11 months later at $59k. It's a crap shoot.

I bought my X3MC for $69k brand new. MSRP was $84.5k.

[Rate-of-Twist]

Originally Posted by rons e92

The lake actually came to me!

I’m sorry, that sucks!

[thefinals82]

Originally Posted by Legit

My 2024 M2 with 7K miles (MSRP 68K Manual, most options, without Carbon package)was appraised by two Texas BMW dealers for 56K. Much lower than I anticipated. I knew I would lose money buying this car and that's part of the game, I have no problem with that but at the same time I didn't think my car would drop that fast and far in value. KBB doesn't seem to be accurate saying I should get 60 or more.

Anyone recently get their car appraised anywhere for trade in?
If so how much

Mine is pretty similar to yours

Was offered 60 but am confident i could get mid 60s

[Laguna Seca Blue]

Originally Posted by rons e92

The lake actually came to me!

Shop vac, hair dyer and some polishing compound should do the trick