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Old 01-28-2013, 05:33 AM   #1
adaseb
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Why have the E65 7 Series depreciated so much.

Browsing the classfieds and they have pretty much the same value or slightly more than an E46.

2002 745Li for $10,900

or 2003 745Li for $13,000

I remember when these hideous looking flagships first arrived they were almost $100,000


http://edmonton.kijiji.ca/c-cars-veh...AdIdZ448328140

or

http://edmonton.kijiji.ca/c-cars-veh...AdIdZ435396653
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Old 01-28-2013, 05:36 AM   #2
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Both have a ton of miles and both are executive high end cars.

Those that can afford 7 series, don't buy used.

Supply and Demand.
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Old 01-28-2013, 06:09 AM   #3
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Old 01-28-2013, 06:17 AM   #4
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because it's 10 years old...
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Old 01-28-2013, 06:20 AM   #5
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I would think its because the type of person that buys a car like that never maintains it. And its really not that special. It's a giant car with comfy seats and 10 year old technology. Also,you can't really impress too many high rollers with a ten year old car.

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Old 01-28-2013, 07:26 AM   #6
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I love seeing wannabe ballers rolling these things. Looks like F01 and 02 are dropping like stones too.
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Old 01-28-2013, 08:56 AM   #7
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Originally Posted by GlockMan View Post
Both have a ton of miles and both are executive high end cars.

Those that can afford 7 series, don't buy used.

Supply and Demand.
What he said.
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Old 01-28-2013, 09:25 AM   #8
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Old 01-28-2013, 09:36 AM   #9
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200k miles might have something to do with it.
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Old 01-28-2013, 09:44 AM   #10
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Originally Posted by HiHoBrian View Post
Also,you can't really impress too many high rollers with a ten year old car.

sent from my ATARI sc1224
you'd be surprised. A clean E38 will still impress many people...
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Old 01-28-2013, 10:11 AM   #11
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That's because it's an e38...It looks presentable unlike the e65 which looks like bangle ass...
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Old 01-28-2013, 10:16 AM   #12
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It costs a fortune to keep them running.
This.
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Old 01-28-2013, 10:21 AM   #13
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There are lower mileage versions going for near the same price...

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Old 01-28-2013, 10:37 AM   #14
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Why? Because E65.
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Old 01-28-2013, 10:38 AM   #15
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Originally Posted by B_Cyrus View Post
you'd be surprised. A clean E38 will still impress many people...
Do they wear jean shorts?
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Old 01-28-2013, 10:44 AM   #16
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Originally Posted by GlockMan View Post
Both have a ton of miles and both are executive high end cars.

Those that can afford 7 series, don't buy used.

Supply and Demand.
This.

Quote:
Originally Posted by mcr_driver View Post
That's because it's an e38...It looks presentable unlike the e65 which looks like bangle ass...
And this.

An E38 is still a classy car and looks very presentable and, in the right trim, still modern. It's quickly becoming a classic.
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Old 01-28-2013, 11:20 AM   #17
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it costs a fortune to keep them running.
+1
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Old 01-28-2013, 11:36 AM   #18
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It costs a fortune to keep them running.
+million

had a few, they drive amazing but the maintenance dont stop and the parts are stupid expensive.
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Old 01-28-2013, 11:39 AM   #19
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Def agree about the e38! It still catches my eye when I see a clean well kept 740 sport. It has real presence and stance on the road. A sense of character among all the soul less tin pushing down the asphalt.

I've often thought of scooping one up. But with traveling 75 miles a day, the mpg of the 8 cylinder is not going to win the argument.

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Old 01-28-2013, 11:43 AM   #20
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you'd be surprised. A clean E38 will still impress many people...
My cousin still has his Imola Red 740i. Red on black, loaded, M package obviously. That car is just insane. If i'm not mistaken it still only has like 60-70k miles on it.
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