I bought my last 750il for 6000...
I saved over 100k in depreciation! At only 10 years old at 120k miles!...
Also got a S class 500. For 2500.
You cant beat that kind of luxury for that price.
How's the rear end on the 750il?
The original article is in the link below.
Thanks G. not a hit on you, but the article's methodology. I don't believe inflation adjusting the MSRP to market to market in 2022 is a good way to do a depreciation study. A depreciation study that accounts for CPI is factoring out a large factor in LT value. In times of low CPI, deprecation isn't a large factor. In our current time period, it is (25% @ MY2017 and 16% @ MY2019). I'd back those numbers off for "real depreciation" numbers that are actually felt. Those are the numbers people are paying, not backwards inflation adjusted, IMA. That study should have some sort of avg mileage and condition. All vehicles need this for valuation. I'm sure it's there somewhere, but it's not apparent.
Taking two examples, wholesale to wholesale:
911 2WD (base coupe): 2019 Value: $93,500. (24,628 miles. 4.8 cold) (average)
911 2WD (base coupe): 2022 Value: $129,000 (1,948 miles. 5.0 cond) (average)
That's $35.5K of lost value or about 27.5%.
Jeep Rubicon 4C: 2019 Value: $43,200 (32,102 miles. 4.7 cond) (Average)
Jeep Rubicon 4C: 2022 Value: $52,500 (9,182 miles. 4.8 cond) (Average)
That's $10.2K of lost value or about 23.6%
The Jeep is much to the number they've arrived at, but still a bit away. However I did not use MSRP numbers cause I don't know what people are walking out the door paying in 2019. If I inflation adjust the Manheim wholesale numbers, they look like:
911 2019: $108,460
911 2022: $129,000
Lost Value: $20,460 or 15.9%
Jeep Rubicon 2019: $50,112
Jeep Rubicon 2022. $52,500
Lost Value $2,388 or 4.5%.
I've seen these comparisons in the past and I"m not sure of they inflation adjusted in those. Makes sense why their numbers above were so different from what I'm seeing.
The top 5 there are no surprise at all. For whatever reason, those Jeeps and Tacomas just hold value like crazy. And that’s been the case for years now.
What is a bit surprising is the see the sporty cars on that list.
Lookit all the models thought: low MSRP except for the 911. Add back that the analysis included INFLATION ADJUSTMENT to
911's have gone absolutely nuts in 21-22'. Insanity in that market...and which 911 are we talking about? There's plenty of models to choose from or leave out from an aggregate.
Are five year old Jeeps really selling for just $2300 below the original purchase price?
Just costing the owners gas and insurance.
3- 4 year old jeeps are about $10K down with miles from MSRP to wholesale. That's not much at t'all.
It's hard to understand. It's got to be a brand/lifestyle thing.
Because the Jeeps drive terrible. Ever try and take a long road trip in one?
The ones you see with big wheels and lifts wander allover the road.
The JL's are a massive improvement. Totally livable and decent on a road trip. The JK were pretty horrendous. Still a slight dead on-center feel @ the wheel, but totally manageable. Rubicon's have pretty large character.
Your brothers truck is awesome.
+1000. SICK on the rat rod look.
