How much will my car depreciate in 5 years
Asked by GuruDXCJHS Nov 11, 2024 at 01:23 AM about the 2023 BMW 5 Series 530e xDrive Hybrid Plug-in AWD
Question type: General
What is the depreciation rate of my car over 5 years?
2 Answers
If you don't maintain it, beat the tar out of it, and put a lot of miles on it then it'll be worth very little. BTWs value typically takes a nose dive as they approach the 100,000 mark. People familiar with them know that's when they start falling apart. Look at what 2018 models are going for to give you an idea. They're six years old now which is how old your '23 model will be in five years. Jim