Car Max offer
Yesterday (1/27/20) I stopped by Car Max to see what they would offer me for my 2018 M5 with 5,906 miles. I purchased the M5 new in August of 2018 and it is my weekend / days off from work vehicle. It had an MSRP of $124,335. They offered me $75,000. So after 1.5 years of ownership the vehicle has depreciated $49,335 (around 40 % of MSRP) pre-tax and fees. I did a purchase and I received a $14,000 discount with incentives / rebates (BMW & BMW CCA) at the time of purchase.
I am contemplating transitioning to a 2020 Porsche 911 S but I may just keep the F90. It has to be one of the worst vehicles I have owned for holding its value. My 2008 Tacoma double cab off-road 4X4 with 83,000 miles that I purchased new in 2008 for $26,600 (MSRP around $32,000) is holding its value well. While looking at SUV's for the wife at a local Toyota dealership they offered me $17,000 for my 11 year old truck at the time (Aug of 2019).
Last edited by Egrunt; 01-28-2020 at 07:52 AM..
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