valued cars or luxury models?

Those sent to the auctions from a lease, are they lower valued cars or luxury models?

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May 17, 2020 5:13 AM

Member

If you’re a budget-savvy person who wants an upscale car – and doesn’t mind if it’s a few years old – you can save a load of cash and still pick up the luxury vehicle of your dreams. 

May 26, 2020 1:56 PM

when the 2018 Tesla Model S was new, its retail price started at $78,000 – but now, drivers who are buying it used can get it for as low as around $57,500. Other vehicles like the 2015 Lexus RX 350, which had a base price of $41,700 when new, can now be found for as low as around $22,000.

May 26, 2020 1:58 PM

According to Carfax, a car’s value drops 10% the moment you drive it off the lot. The value dips another 10% during the first year of ownership. And over five years, the average car value plummets 50%-60%. Depreciation doesn’t only affect economy cars.

May 26, 2020 2:00 PM

I love tgus car but it cost a body part to fix ! Make sure you keep up on all repairs and oil change or it will cost you in the end. Bought a used one and the last owner did not take car of it in 2k w costs of repairs for it now

May 26, 2020 2:00 PM

Member

have had every 5-series made including the e39 M5 and this 545i is the package. I have had 15 BMW since I was a kid so I know what to expect. All were performers - nothing short of excellent. 

May 26, 2020 2:11 PM