Quote:
Originally Posted by Future240
Can confirm. Insurance adjuster, luxury cars depreciate really fast. Had a 2013 7 Series Bmw total in 2014 for 99K. Had a 2013 7 series BmW total in late 2015 for like 42K.
3's series can be had for 11-14k off msrp in only a few years.
My pops in law offer perspective on this. He said most people who want and can afford luxury cars don't want them used, so when they become used they basically get sold to people who could not afford them new, greatly reducing the sales price.
For instant in GA it black people (shut people I'm black too) love to snap up 5-7 Series BMW's once they get 2-4 years off the current year.
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You're saying things that EVERYONE DOES!!! It's not just GA and it's not just black people. Italians do that too lol. Italians in NY.
And "can't afford" isn't the same as don't want to pay for. My ex's Dad bought his ex-wife a used SL55 AMG because he didn't want to spend the money on a new one. But, he could 100% afford one though.
edit he's black so I guess that didn't bode well for my point. But..wel...nurrrmine