Quote:
Originally Posted by Mattl0806
Last time I checked - asking for other data points and calling my own single data point of 35-40% depreciation from msrp “horrendous” is absolutely not “moaning”. Please tell me where I am wrong..
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I think it's because you seem horrified about your 2023 (2024MY) car that you paid $70K for depreciating to $55-60K, and acting horrified as if you paid $93K for it last year. If THAT were the case you would have ground to stand on. The fact you have depreciated 10-15K in a year is normal. You got it as a year old car, and already depreciated $23K from MSRP. However, I can see if you bought it brand new in the fall of 2024 for $93K and now, just a few short months later it's at $60K that would be a bite in the ass.
Maybe it's all hypothetical, and you are just playing Devil's advocate. I do that sometimes too. It may not be the case and I am reading it wrong, but it sounds like you were maybe thinking you were going to get this great deal, then trade it after a year for a new one, and make out like a bandit in the deal. If that's the case, you likely have sorely miscalculated. No luxury EV in the world is going to keep it's value like that for the first 3-4 years (First Owner). After that it levels off.
KBB and Dealers (NADA) go off the VIN - mileage over 10-12K per year (Average) - condition - history, which means they know the ACTUAL manufacture date of the car, and not just the MY, so while it's a 2024 MY it's actually a 2023 car. You might be able to sell it yourself, to an individual, for a better price, but no dealer is going to give you 2024 pricing as if it was a new 2024 in the fall. Even if the dealer sold it to you as the "First registered Owner" in the fall of 2024. Just like my 2025 540iX, is "technically" really a 2024, and someone just posted they have ordered their 2026 550e in the first half of February 2025. Lol, As my wife would say "It's not like it's a Birkin".