[dubb13]

G60 530-540 KBB maybe it it me but I feel like my g30 held its value just a lot better than this G60 I know that first year is going to lose the most value but this is ridiculous You don't even want to see 530 KBB value on these things are terrible the 540 obviously better but not much not to mention i didn't lease this time around I may trade end of year

[COBodom]

I doubt there will be any material difference in the long run between these gas powered G30 and G60.

For fun, I just priced mine on KBB, it appears I would lose about 16% which is basically expected.

Don't forget; be it G30 or G60 (ICE), are run-the-mill BMW 5 series (maybe not the M550). There is nothing special about them. While we hear a lotta whining (me included) about G60 on this forum, conversely we also hear a lotta praises for G60, especially from new comers (aka last time had a BMW 10 years ago or is coming from a Nissan).

So in short, G60 is a great car and average Joe will be mesmerized with it. Cause guess what ? It has ambient "interactive" bar LOL (couldn't resist, but this $hit sells).

Arguably, I think the e550 and obviously any EV will tank in value, but that's a different topic.

[dubb13]

Me I don't mind the the build on the G60 at all I just felt like it should hold his value a little better than it did

[AiredaleDad]

IMHO, if you are buying ANY car as an investment you will lose money every time. The whole world knows Luxury cars take the worst bite in the first 3 years. That's why you have so many people buying used BMW's, Land Rovers, or any other luxury car. They can't afford the initial capital loss of a new one, (Or don't want to).

People who BUY a new BMW want it because of the technological innovation and driving experience. And they want to own one of the premier luxury/Sport vehicles in the world. They want it new, and untarnished by a previous owner/lessee. And they don't want to worry how the previous owner treated the batteries/Broke in the engine etc.

You can see so many lessees here saying they don't care, and are not going to bother with proper battery conditioning or proper break-in of their ICE engine. I can't even tell you how many times I have heard here on this forum, where current Lessees talk about their (ICE, PHEV, BEV) cars and say "Oh well it's ONLY a lease so I don't care about any of that stuff. That's a problem for the second owner". You are part of the problem, and the reason the cost of ownership goes up so much for second-hand cars. That's why the difference between "CPO" and just "Used" is so much. An abused car will fail more than a properly cared for one. So many second hand buyers just want to experience what we do when we buy it new. They just have to wait until it's more affordable to them.

So, if you are worried about initial depreciation, then buy a 2-3 year "CPO" lease return, or lease a new car. The depreciation has nothing to do with the overall quality of the vehicle. It has more to do with extended cost of ownership, (what second hand owners who are going to have to pay in maintenance, repairs, and upkeep over the second 5-10 years of the car after the initial 3 years). If the initial cost of the second-hand car is lower, it increases the market segment.

There is probably a larger demand for second hand BMW's than new ones. That's why BMW Lease terms are so good. They KNOW they will be able to sell it. Whereas people purchasing a new one is a MUCH smaller market. So they make it more affordable for Lessees in order to move the cars and not have them sitting on the lot unsold.

[ToddRGuy]

I think depreciation and its impact are really only a consideration when you sell. How it behaves in the interim is really not relevant. As a purchaser and not a lessee, I’ll start looking at it in about 6.5 years.

[AiredaleDad]

Originally Posted by ToddRGuy

I think depreciation and its impact are really only a consideration when you sell. How it behaves in the interim is really not relevant. As a purchaser and not a lessee, I’ll start looking at it in about 6.5 years.

Yeah, me too. I just like owning and driving the car. What it's going to be worth in a few years simply doesn't cross my mind. All I know is that in 2 years it will be paid off and won't have to worry about it for a few years when I decide to replace it. I am thinking the next time I buy a car (For Me) it will be when I am retired and my wife and I will probably consolidate to one regular every day SUV, and maybe a classic convertible for the weekends.

[Mattl0806]

Has anyone priced an EV g60 trade in recently? Curious to see how bad it is. One site has my 93k 2024 i5 m60 at 55-60 - horrendous

[tsbrown]

There is a car depreciation tracking website where you can see by brand and model what depreciation rates are. In my experience the 5 series is about what all my BMW’s have been the last 30 years. G60 may be slightly worse because of the BEV model impact. At 6 years old and just 50k miles (low for its age), my G30 540i is worth maybe 40-45% of original cost, less on trade. I would expect the G60 540i to be about the same in a few years.

[Dragonfly Trumpeter]

Originally Posted by Mattl0806

Has anyone priced an EV g60 trade in recently? Curious to see how bad it is. One site has my 93k 2024 i5 m60 at 55-60 - horrendous

You posted a long time ago that you got your used ,fall of 2023, i5 @ $70k or such. So that is not bad at all.

If you forget about taking a bath on your iX. Maybe that is your problem.

[SkykingUSA]

Originally Posted by Mattl0806

Has anyone priced an EV g60 trade in recently? Curious to see how bad it is. One site has my 93k 2024 i5 m60 at 55-60 - horrendous

Edmunds shows my 2024 $78K (MSRP) i5 eDrive40 currently at $46K as a trade-in value. I've had it for about 11 months and it's got less than 7000 miles on it. That's just part of the joys of owning an EV right now.

Even if I were to get $50K for it by selling privately, that would still be a drop of about 36% from MSRP in just under a year.

[rgw]

Originally Posted by ToddRGuy

I think depreciation and its impact are really only a consideration when you sell. How it behaves in the interim is really not relevant. As a purchaser and not a lessee, I’ll start looking at it in about 6.5 years.

Also, seems like to me that short-term only matters for the leasee if they thought they could buy it out at the end of the lease and sell it for a profit. I don’t know how often that scenario plays out in practice though.

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

You posted a long time ago that you got your used ,fall of 2023, i5 @ $70k or such. So that is not bad at all.

If you forget about taking a bath on your iX. Maybe that is your problem.

I fully understand my purchase and my situation, but thanks for explaining.

It was Fall of 2024. a year old corporate demo at like ~14% off + incentives. Of course I’m not considering my IX trade in when analyzing my i5 depreciation, that’s just a silly comment.

Yes, relative to 70k purchase price it isn’t horrible. But most consumers are not buying this new at 70k…

Let’s put it simply - EV depreciation sucks!

[Dragonfly Trumpeter]

Originally Posted by Mattl0806

I fully understand my purchase and my situation, but thanks for explaining.

It was Fall of 2024. a year old corporate demo at like ~14% off + incentives. Of course I’m not considering my IX trade in when analyzing my i5 depreciation, that’s just a silly comment.

Yes, relative to 70k purchase price it isn’t horrible. But most consumers are not buying this new at 70k…

Let’s put it simply - EV depreciation sucks!

I agree, people are not buying a new i5 M60 for 70k.

I was just trying to work out why were you moaning about the horrendous loss on your 93k 2024 i5 when in fact you bought a used 70k 2023 car?

But I do realise you are talking about silly comments.

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

I agree, people are not buying a new i5 M60 for 70k.

I was just trying to work out why were you moaning about the horrendous loss on your 93k 2024 i5 when in fact you bought a used 70k 2023 car?

But I do realise you are talking about silly comments.

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..

[AiredaleDad]

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..

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".

[Mattl0806]

Originally Posted by AiredaleDad

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 [...]

How can you possibly say I “seem
horrified” by calling a quote horrendous?

So Yes you are reading it wrong.

[Dragonfly Trumpeter]

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..

Last time I checked, data points mean nothing to you. Tell you where are you wrong?

Originally Posted by Mattl0806

Has anyone priced an EV g60 trade in recently? Curious to see how bad it is. One site has my 93k 2024 i5 m60 at 55-60 - horrendous

You do not have a 2024 i5 m60. You bought a used mid 2023 i5 m60. There is your relevant data point.

AiredaleDad is being in very kind to you, he mentions MY2024. You never mentioned the factual 2023 or MY in this thread. I wonder why? Particularly given how critical you are of many other posters cars and choices.

Regardless, and as you posted later in the thread, the current KBB value of your used 70k mid 2023 motor is not relatively horrible at all, never mind horrendous. And I agree that depreciation sucks, at least by buying an older model you were lucky not to take that hit.

[Mattl0806]

Originally Posted by Mattl0806

How can you possible say I “seem
horrified” by calling a quote horrendous?

So Yes you are reading it wrong.

Originally Posted by Dragonfly Trumpeter

You do not have a 2024 i5 m60. You bought a used mid 2023 i5 m60. There is your relevant data point.

AiredaleDad is being in very kind to you, he mentions MY2024. You never mentioned the factual 2023 or MY in this thread. I wonder why? Particularly given how critical you are of many other posters cars and choices.

Regardless, and as you posted later in the thread, the current KBB value of your used 70k mid 2023 motor is not relatively horrible at all, never mind horrendous. And I agree that depreciation sucks, at least by buying an older model you were lucky not to take that hit.

Where am I critical of other posters cars and choices? You even say “how” implying I am often this way. Please show me examples..

[Dragonfly Trumpeter]

Originally Posted by Mattl0806

Where am I critical of other posters cars and choices? You even say “how” implying I am often this way. Please show me examples..

Go back and read your own posts. I will not and do not need to do so for you.

Same as your crap about your own mid 2023 $70k used car details and values that I quoted in my last post. In case you missed it, "One site has my 93k 2024 i5 m60 at 55-60 - horrendous".

Post and read any bullshit you want, I will have no more comments. Time for a break here.

[AlteBMW]

Buying a BMW (or similar) is not just about the financial part. It is an emotional decision too. If you are like me, you take enormous pleasure from owning and driving a well-designed car. If you are "investing" $70,000 or more on a car, seems to me the "return" on investment is never going to be financial because you are buying a depreciating asset. The return is whether you get personal enjoyment owning and driving it and that cannot be quantified. The purchase (or lease) you have made is not interest-bearing or going to appreciate but pays other dividends. This is so even as we carp about "deficiencies" and "design mistakes" because there is no car out there that is perfect.

If finances are the issue, you can buy a Toyota and run it for 200,000 miles and keep more money in the bank even if you spent on maintenance and repairs. The longer you can keep it the better off you wiil be financially. But will you be smiling about your car for the 15 years it takes for it to complete its useful life? Maybe if you are a wrencher and get pleasure out of repairs/rebuilds, etc. (in which case you'd save even more) but that is a small minority.

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

Go back and read your own posts. I will not and do not need to do so for you.

Same as your crap about your own mid 2023 $70k used car details and values that I quoted in my last post. In case you missed it, "One site has my 93k 2024 i5 m60 at 55-60 - horrendous".

Post and read any bullshit you want, I will have no more comments. Time for a break here.

It’s funny on how you keep harping on this mid 2023.. it’s a MY24 - who really cares.

Great job attacking someone’s character and not have anything more to say. Your baseless claims speak loudly about who you are.

Again - I’d love for you to show examples where I have been critical of someone or their personal choices. I have provided plenty of criticism of all models across the board..

If I were to make an assumption based on your ridiculous posts here - you are taking offense to my opinions/feedback on vehicles you own as if I’m attacking you personally. You get defensive and lash out. Pretty pathetic…