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Re: Rate of depreciation (archive)

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Posted by Larry on October 06, 1999 at 13:19:44:

In Reply to: Rate of depreciation posted by MikeW on October 06, 1999 at 12:11:21:

:I hear what you're saying, but I've got to tell you something. I've been tracking the 328 and it's pricing in the New York metro area for about 8 months (it's SO difficicult to find the car you want with all the options you want used!!)
and since the y2k models have come out, the asking price on the 328s, particularly the '97s have gone UP rather than down, possibly reflecting the higher msrp. I know see Manahattan BMW asking as much as $32,995 for a 328, a car which retailed at 37 and change 3 model years ago!! So, the depreciation thing seems to be substatially different with BMW

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