General E46 Forum
This is the place to get answers, opinions and everything you need related to your E46 (sedan, coupe, convertible and wagon) BMW!
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|10-03-2010, 12:40 PM||#41|
Join Date: Dec 2008
My Ride: 2000 323i
Wonder what they have been smoking over at Yahoo?
If you assume a car is good for 200K and 10 years a good value would be a car that is cheaper than the true depreciation of the actual asset regardless of price.
So If you assume the metric above and then assume the vehicle has a nominal salvage value of say, 2500 and the new cost is 45K then you depreciate the vehicle at 43K/10 or $4300 per year. This does not assuume the fickle consumer's estimation of value but the actual consumption of the car. Therefore a car that is three years old with no more than 60K off the odometer with an original cost of $45K would not be worth more than $32K. So if you can find a 3 year old CPO for less than 32K and fewer than 60K on the odometer is a fair price but not a bargain.
Now members of this forum will immediately see the flaw in this reasoning in that after about 125K miles maintenance goes up! Therefore for the straight consumption method to work, after 3 years you would also like to see a further reduction of 15% of the estimated non-routine maintenance repairs.
If you assume that these cars will experience $9000 (this assumes parts and labor at an indy shop. if you DIY you can spend more but why would you want to?) in non-routine maintenance repairs in it's later years (125K to 200K) then you would like to see a further 1350 off the price of the car. So now you are looking at roughly 30,650 after three years and fewer than 60K.
So the cars I see on the CPO site that are 26 - 29K are a relative bargain.
Of Course the esteemed dmax may have a different calculation as he has extracted over 300K from his '99 but that appears to be the exception so far. 200K seems to be where most of the highest mileage E46s land on this forum and it seems very few are original owners.
Last edited by bheidelburg; 10-03-2010 at 12:43 PM. Reason: Clarification
|10-03-2010, 08:27 PM||#42|
Join Date: Aug 2006
My Ride: '99 328i 1.04646 mu
Interesting points you make about value, though. I've said before that I couldn't afford a new bmw, but I could afford to maintain one. Had a lot of work to do on mine, and I've not added up my bills...don't want to know...but I just have been building myself a new bmw...and it's far cost, just far more work than just buying one.
Anyway, had to correct the record...Zach is the awesome one...I'm just planning on being that someday!
dmax on the radio--answering all your car questions as best I can!
watsonnwatson.com every Wednesday at 9 p.m. NYC time. Call in! (661) 449-9340 Click "Watch and Chat"
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|10-06-2010, 01:05 PM||#43|
Join Date: Jun 2003
My Ride: 00 328CI
I've changed everything you mentioned here myself too. Planning to hit 200k if I can. My next car will prolly be the X5, I'm getting too old for the coupe.
"I'm gonna die! Jesus, Allah, Buddha - I love you all!
|05-30-2011, 10:41 PM||#45|
Join Date: Mar 2011
My Ride: '04 330ciC/ '02 C230
This is old, but I just got my build sheet from the dealer when I took it in for service on Saturday:
Options & Packages
OEM Code Description MSRP
2055-SPEED AUTOMATIC TRANSMISSION W/OD $1,275.00
adaptive transmission control
tap-up/tap-down Steptronic shift control
N6NG- Natural Brown Montana Leather (STD)$0.00
475 - Black Sapphire Metallic $475.00
388Black Soft Convertible Top (STD)$0.00
ZPPPREMIUM PKG $1,200.00
4-way lumbar support for front seats
auto-dimming rearview mirror
interior Myrtle wood trim
BMW Assist with Bluetooth
ZSPSPORT PKG $800.00
10-way pwr front sport seats w/thigh supports/2-way headrests
white indicator lenses
front 17" x 7.5"/rear 17" x 8.5" M double spoke alloy wheels w/front P225/45ZR17 /rear P245/40ZR17 performance tires
sport suspension calibration
ZCWCOLD WEATHER PKG $750.00
3-stage heated front seats
522XENON ADAPTIVE HEADLIGHTS $800.00
low & high beam
609INTEGRATED ON-BOARD GPS NAVIGATION SYSTEM $1,800.00
8-function on-board computer
route finding visual/audio turn-by-turn directions & destination information
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