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BMW depreciation

Idbatterim · 2008-03-11 19:56:05

Hey guys, say I buy an average 2001/2001 BMW for €12,000 and do on avergage 10k miles a year, and it suffers the normal wear and tear, what could I expect the depreciation to be per annum? Also at around what price does it become worthwhile to import a car from the North? Thanks

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11-03-2008 8:56pm

#1

Idbatterim

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Hey guys, say I buy an average 2001/2001 BMW for €12,000 and do on avergage 10k miles a year, and it suffers the normal wear and tear, what could I expect the depreciation to be per annum? Also at around what price does it become worthwhile to import a car from the North? Thanks

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#2 11-03-2008 11:00pm
Seth Brundle

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Will it be a 3/5/7 series? What engine size? What fuel type?
The bigger ones lose money more quickly as do saloon 3 series compared to coupés.
You could check using Carzone and this would give an idea.
Bear in mind that with the new VRT & tax rules coming into force and presumably affecting existing cars in the next year or so, values of used cars will more than likely drop.

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