Spoilers: #1 needs a trunk organizer
https://www.autoblog.com/photos/photos-you-shouldnt-buy-these-10-cars-new/#slide-2206798
Spoilers: #1 needs a trunk organizer
https://www.autoblog.com/photos/photos-you-shouldnt-buy-these-10-cars-new/#slide-2206798
LOL…you are just being mean now.
And the winner is…BMW…with 4 out of 10.
Was that why 7 series had insane discounts a few months back?
Ouch. Audi A6 was #2
Aka “Top 10 barely used cars you can get a great deal on”.
And yet they have higher residuals than everyone else. Why you never buy a bmw.
clueless writer there. Those cars didn’t lose their “value,” as computed. The lost is vs MSRP. Very very different.
On the contrary: a brilliant car to lease, terrible to buy new. That trunk could hold the 1st year depreciation in small bills.
That’s my take too. It has more to do with the BMW msrp games than anything else…but at the end of the day the general public will not get that message.
But if you do that how are you going to show others just how huge the trunk is?
Do you mean why you never buy out the lease? I assume that, depending on which specific model, blah, blah, blah, you could probably get a steep discount if you purchased new at the right time of the year (which might be enough to compensate for the heavy depreciation)…
Yeah but your lease residual is going to be higher than the actual value in 3 yrs. Discount would be the similar on a purchase vs a lease.
Tbf there isn’t a whole lot of publicly available data on actual transaction prices. So the only way to write such articles is to base them off MSRP.
I agree. But they shouldn’t call it “value.” It is flat out wrong.
Why is this on the writer and not on BMW? It’s their show, their inflated MSRPs. Who’s to say average Joe will not proudly purchase their BMW at msrp?
that doesn’t change the value of the vehicle. If you purchase your house over market, it doesn’t magically make it worth more. Some folks would probably say I’m being pedantic, but it is just who I am. ;b
Maybe it’s just leasehakr blindness? Your view of value may be very different then the average customer walking into a dealer.
Value assignment it’s a very interesting phenomenon. In your example, if YOU alone purchase your house over market, it doesn’t magically make it worth more…but if most of the buyers do it then it does magically make it worth more because the group becomes “the market”.
I do get your point. Maybe one should do this type of analysis based on Truecar prices?..or maybe some other reliable source of purchase prices.
Or bare minimum, use post-incentive pricing rather than MSRP.
That is not a constant throughout the year. The shelf life of this study would be a month if that.
Well, to be fair, it’s already a useless study
Despite problems, it’s far from useless. Depreciation is the most expensive part of driving a car. Buying a car that depreciates like a rock isn’t often a great idea. Plenty of stories out there of people losing their ass on high dollar Mercedes cars.
To say its stupid is fucking ridiculous, A LOT of people care about depreciation. Blah blah cars are all depreciating assets, but why not own one that does that slower?