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BMW 3-Series (E90 E92) Forum
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Minimizing depreciation?
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01-03-2013, 08:41 PM | #3 |
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01-03-2013, 09:21 PM | #4 |
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or $55k muni bonds and 15k used BRZ.
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01-03-2013, 09:34 PM | #5 | |
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1. You are looking for a NEW car. You should be looking for a USED car if you want to minimize depreciation. 2. The more expensive the car, the greater the depreciation. 3. Why do you only need a car 1-2 years? Moving? Planning on living off the grid? Joining the Amish community in 2015? |
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01-03-2013, 10:11 PM | #6 | |
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Just looking for car suggestions, but thanks all for the financial tips. Let's just say this is a 'safe' budget we are working with. What cars? |
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01-03-2013, 10:58 PM | #7 |
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So basically you're looking for a car for $70,000.
You can buy: Ford Pinto E92 M3 Aston Martin V8 Honda Civic Harley Davidson Chevy Volt Corvette C7 Boss 302 Mustang Plymouth Minivan Ariel Atom Beck Spyder Mercedes SL500 Audi TT BMW Z4M BMW Z3M 997 911 Ford Crown Victoria Suburu WRX Nissan Altima 996 911 Chevy Suburban Prius 993 911 Cayenne Hyundai Sonata Boxster Buick Lesabre Nissan 370Z Ford Escape Trailblazer Nissan 350Z |
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01-03-2013, 11:31 PM | #9 | |
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Do you need a weekend car? Do you need a family transporter? Do you drive it in the city? Do you drive it in the suburbs? Do you care about fuel economy? Do you care about performance? If you only care about depreciation, then the other posters already answered your question. I would highly suggest a used 10 speed bicycle from 1983 as your primary mode of transportation if you only care about depreciation. |
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01-04-2013, 01:59 AM | #10 | |
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So I ask again, what are some cars will suffer the least depreciation least in 1-2 years? Last edited by E90OR; 01-04-2013 at 04:14 AM.. |
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01-04-2013, 07:00 AM | #11 |
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Here ya go:
Honda Fit The Fit is one of Honda's newest entries in the sub-compact market, and it is already winning followers. Honda offers several variations of the Fit, including a standard model, sport model and sport with navigation model. You can choose either the manual or automatic transmission. It comes standard with side-curtain airbags, ABS brakes and power windows. The Fit was named a top safety pick by the IIHS. With a manufacturer's suggested retail price (MSRP) between $15,325 and $16,860, it gets 33 mpg/hwy and 27 mpg/city. The Fit's residual value after five years is approximately $9,200. Now go buy a Honda Fit. |
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01-04-2013, 07:27 AM | #12 |
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This question is impossible to answer without the specifics you just mentioned so there's really no reason to get bent out of shape. If history is any indication, you should pick up a BMW 1M, 2001-02 Z3M Coupe, late year Acura NSX, ,993TT or 993C4S. They are all holding their value extremely well. A car must be a limited or out of production model in order to judge the depreciation (& scarcity).
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01-04-2013, 07:31 AM | #13 |
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if youre only planning to drive it for 1-2 years, just get a used toyota camry. they only cost like 5k, and after a year you can probably sell it for 4.5k..
if you're so worried about depreciation, spending 500 bucks in 2 years must make you a very happy man. |
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01-04-2013, 09:49 AM | #14 |
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What is the car for, a DD, an investment, a prop?
Are you worried about all costs or just the purchase cost? Sounds like you need to think this through a lot more. If you only need a car to drive for a short time and want to save money you should get a used car and if saving money is really important than you should probably buy a modest, used Honda that will likely be very low in maintenance, gas and insurance.
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01-04-2013, 12:04 PM | #16 |
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For that price I would say get low mileage used 2010 Porsche Panamera V8 or used 2012 MB CLS550. Both amazing machines for that price and should depreciate slower than other very road common premium cars like 3-seies/5-series, E-class, GS350 etc.
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01-04-2013, 02:16 PM | #20 |
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They're $110K new but roughly 1/3 of that in a few years.
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01-07-2013, 07:14 PM | #22 |
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G wagons hold their value very very well, but they are out of your 70k budget range unless you find an 06-07 with average mileage on it. My father's 08 G55 purchased in 2010 at 90k is still worth 80-85k today.
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