Good Value E90 325i

[Rickster]

Cars all drop in price, whoever bot any in the last few years, probably are losing double the mathematical str8 line depreciation per year if sell now.

 

If I were aiming a compact executive, i would go for it too at $80k++ , rather than a brand new Camry, Cefiro, Accord...

 

I realise luxury cars cars are the worst hit in terms of % loss. Many 2yr + bmw & lexus i saw on sgcarmart are going for close to half the price at which they r bought!

[Rickster]

+1. For the same price (or even lower), you get a nav system, better interior, not to mention German prestige & better handling car.

 

Suddenly BMW become so affordable even poor folk like me can also realistically own one. Price of cars have drop quite a lot, there should be alot of good deals when I change ride at the end of the year.

 

If u can afford an 80K car in singapore, u r alrdy in the above average category.

 

[Rickster]

I know the comparison is with a new Jap car. I'm just trying to look at it more quantitatively in terms of the factors u mention.

 

Maybe i should have asked if the insurance of a non-high performance BMW (which 325 is arguably one) is much higher than your normal jap sedan?

 

The other factor u mentioned is depreciation, which for a new car, even a Jap one, if the owner is to get rid of it within first few years can be quite high too.

 

Example (conjectural),

New Jap

10 year dep when new = $7K / year

Dep sustained upon re-selling car after 2 years usage = $9K / year

 

Used BMW 325

7 year dep when bought used at 3rd year = $8.5K / year

Dep sustained upon re-selling car after 2 years usage (excl maintenance) = $9.5K / year

 

For maintenance, of course i agree used BMW will be much higher than a new Jap. Question is how much exactly are we talking abt here?

 

Just multiply the servicing & spare parts by 2.5 and u r roughly there.

 

[Busker888]

Buying a less than $120K is no prob for most, it's the maintaining & absorbing the huge depreciation of a new car. Worse if taking more than 7 years loan