Car Depreciation is a crazy thing

"Supreme Chancellor and Glorious Leader SaveTheIntegras" (jegoingout) 09/30/2016 at 09:30 • Filed to: Depreciation

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We have..well had a 2012 750Li with a sticker price of 106k when new. It sold yesterday for roughly 35k and no it was not a high mileage car either (39,800 miles).

SidewaysOnDirt still misses Bowie > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:32

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Are you at a BMW dealership? You’ll get back the difference in repairs quickly enough.

Supreme Chancellor and Glorious Leader SaveTheIntegras > SidewaysOnDirt still misses Bowie 09/30/2016 at 09:33

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Nope. He plans to buy a warranty from BMW though, which i did not know was a thing

TysMagic > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:35

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so did this get the boss man off your back?

Supreme Chancellor and Glorious Leader SaveTheIntegras > TysMagic 09/30/2016 at 09:36

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Not sure...

SidewaysOnDirt still misses Bowie > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:37

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Sounds like BMW want to lose money.

Reece-Current Stinger GT owner > SidewaysOnDirt still misses Bowie 09/30/2016 at 09:39

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Until you find out the warranty is about 8k for a 3 year/ 36k mile

Supreme Chancellor and Glorious Leader SaveTheIntegras > Reece-Current Stinger GT owner 09/30/2016 at 09:39

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SHIT...thats crazy

LongbowMkII > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:40

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Black on black. How soon until this car is lowered on black wheels? 2 months?

Supreme Chancellor and Glorious Leader SaveTheIntegras > LongbowMkII 09/30/2016 at 09:41

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I say never, he’s too clean cut to pull the “baller status Beamer”

random001 > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:41

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But you were not fired yet! yay!

Supreme Chancellor and Glorious Leader SaveTheIntegras > random001 09/30/2016 at 09:42

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Yet! Yay? *grabs saftey helmet*

Reece-Current Stinger GT owner > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:43

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I just sold a 2012 535i and the extended warranty was 7k for 2 years. The car only had 44k on it.

random001 > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:44

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Well, I meant yet, as in yesterday. So things look good!

IF you need, have him call us, we’ll tell him how great you are at sharing little details about your job, and how great your boss is.

V12 Jake- Hittin' Switches > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:46

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I love depreciation. My car cost the equivalent of $178,000 new in 2004 and I bought it for $17,000. Magic

Wrong Wheel Drive (41%) > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 09:58

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The top view cameras in the 7 series is fun. It feels like you are driving around in a classic Grand Theft Auto game. Plus the crazy sonar thing going off in every direction really adds to the video game experience.

If only EssExTee could be so grossly incandescent > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 10:04

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In 2000 my car stickered for the equivalent of $55k. Edmunds says it’s now worth $600 on a trade-in, $1500 private sale.

Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney > Reece-Current Stinger GT owner 09/30/2016 at 10:06

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good lord that thing isn’t going to need anything other than coil packs between now and when that warranty is up. that’s ridiculous.

BugEyedBimmer - back in the Saddle Dakota Leather > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 10:09

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A) Warranty had expired.

B) What did the CarFax look like? A previously damaged luxury car won’t sell. They have to be given away.

macanamera > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/30/2016 at 10:20

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Wow....that’s incredible. I would have bought that car.

Supreme Chancellor and Glorious Leader SaveTheIntegras > BugEyedBimmer - back in the Saddle Dakota Leather 09/30/2016 at 11:11

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Warranty has expired

No dmg or accident reported to CarFax

2 owners