Quote:
Originally Posted by wassy
$80’s? Try again. Trade in or wholesale is low 70’s, maybe mid 70’s if lucky.
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Lower. High $60's. Retail (i.e., actual sale) used from BMW dealer is probably high $70's low $80's. Need to pad room for holding for a while given they're still in rapid depreciation mode.
But this is all normal. The same type of rapid depreciation happened to the F10.
FWIW's, my buy out on my wife's 320 is something like $32k, and trade in value is $18k. This is ~10 months out of lease end, original lease was 36/10. So negative equity of $14k. On a car that is over double the value, I assume that negative equity would be at least double... so probably $30-$40k at this point.