04-29-2024, 12:10 AM | #67 | |
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LuisBoston528.50 |
04-29-2024, 09:01 AM | #68 | ||
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I love how people quote cash quick-sale prices and then complain about the horrible depreciation oh my god! When you sell your house, do you sell to the ugly house cash people or do you sell it to a private party who wants a house and will pay fair market value? Quote:
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ggalanis2463.00 |
04-29-2024, 02:16 PM | #69 |
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Kelly blue book attempts to illustrate the difference between trade in value and private party values when valuing a vehicle. In my experience the trade values by KBB tend to be a bit high compared to reality while private party values are pretty close. In 5 minutes you can get another perspective on the value of you IX.
I ran a quick hypothetical on KBB for a 2023 IX50 with 16,000 miles, nicely equipped but not loaded. Trade in about $56,000, private party $60,000. Considering that the “price” of a similar 2025 vehicle at lease inception (after factoring for $9,900 off plus a 10% discount, $10,000), would be approximately $80,000, these numbers don’t surprise me. |
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LVBMW1397.00 |
04-29-2024, 03:26 PM | #70 |
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Don't overlook the fact that the iX appears rediculously cheap to start with in the USA.
M60 @ $111,000 in US (equivalent to €103,525) or €143,100 to purchase in Germany. (equivalent to $153,330)... ....you're already getting 25% off. That's a free car every fourth one! (Unless there are some taxes I'm missing somewhere ) |
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LVBMW1397.00 |
04-29-2024, 05:29 PM | #71 | |
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Drives: '13 128i, '23 iX M60
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Different states have different taxes. In my state (MA) on a $118k car, add about $12-15k in sales and excise taxes.
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2023 BMW iX M60 BSM
2013 BMW 128i 6MT MGM/CR. M-sport/Premium/Cold, HK, Xenons, BMW SSK and PE. ED 7-12-2013 SOLD: '07 E90 6MT BSM/Terra, '18 F31 Sunset/Oyster, '21 Polestar 2 http://www.1addicts.com/forums/showthread.php?t=897862 |
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04-29-2024, 08:47 PM | #72 | |
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So what you're saying is that we are both not quite accurate and reality is somewhere in the mid 60s for average market price considering I am not a retard and understand that the Carvana price is the "quick sale" price On the otherhand no consumer with 1/2 a brain is paying asking price or additional ADM for anything in this current market, so your insistence that the market is $80k for 2023 M60s and that you are saving the internet form my massively inaccruate claim is alarmist. So still the point I made with my initial post regardless if it was $5-7k off was the iX is a nosedive of depreciation in under 2 years compared to any other vehicles in the luxury market and given an ability to get the same car via a lease or buy situation, you should lease it every time. Does it really matter exactly how much the vehicle depreciated in 18 months 40 or 50% ... its still dogshit. |
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04-29-2024, 08:48 PM | #73 |
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Today, 12:19 PM | #74 | ||
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As I showed you upthread, you lost 25% in year 1. Please show us other luxury models that lose less in their first year. I beg you. Because I've shown you and everyone else that your car is actually estimated to be worth $74k, not "in the 50s" as you keep insisting because of something you have in your head. You paid $118k and owned it 18 months. At this point it's basic math my friend… |
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