[cadman50]

Does anyone know when that might be? I've got a 2012 X3 35i and am debating on buying a 2017 X3 35i before the new model comes out or keeping mine another year or more and let the new model (2018) issues shake out and buy a 2019. By waiting until I can get a 2019 means that my X3 value plummets even more and also the chance of a costly repair increases.
My X3 is running great now. How does buying a last model year late in the year affect the cars value after the new model year is introduced? Does it go down more than if buying the new model year?
Thanks for any info.

[PerryGunn]

IMO, a lot can depend on how well the new version is received

If the new model receives rave reviews and is in high demand it can have a negative effect on the previous model... contrariwise, if the new model is slated by the reviewers, or it suffers a number of early and well-reported teething problems, this can lower demand and can actually raise the profile of a well-liked previous version...

If we knew which way these things would swing in advance, we'd all be much wealthier....

[morphomeman]

The longer you hold onto your car, the better off you are financially, because the loss in value is so steep in the first few years on any car that it almost always offsets any cost of repairs.
So if your car is trouble-free and you are happy with it, hold on to it for another two years.
The same goes for spouses.

[alpwhite46]

I love when people tell me "Oh i always love to buy a brand new car"

My response ... "Oh awesome, so you love to lose money as soon as you just drive off with it?"

Why not just wait till it has 40-60k on it and buy then?

For example my car was 67,000 canadian from the dealer with the packages and the M.

I bought mine for 29,000 with 95,000 on it.
Sure i might have to do some repairs down the line, but thats 38,000 that this car has depreciated since new, and the price on it won't plummet so intensely anymore like it did the first few years.

Unless you don't care much about money and are well off, i'd say lease new, thats it.

[matt123]

August is the last month of production for the F25 X3. The new G01 starts production in October.

[Smithy2014]

I have leased my last 4 cars, I wouldn't and couldn't afford to buy a 40K+ motor! My last X3 would have cost me 45K with no finance, after 3 years and 45000 miles its on a forecourt for 24K so would be lucky if I saw 20K in part-ex. That would have been a 25K loss in 3 years, on finance I guess the difference would be around 33K.

On the question of LC1 of GO1 then there are good and bad things for each, the LC1 is tried and tested, all the niggles will have been ironed out and with the GO1 going into production there are good deals to be had (my LC1 has loads more kit than my last one and I am paying less per month!), on the negative side when the GO1 hits the road you will be in an outdated car and value will drop (but that shouldn't be too much of a factor considering the discounted price to start with). If you opt for the GO1 then you are getting a new design and tech but there are bad things too - you won't be able to get discounts, waiting lists may play a part and new tech / design means things could go wrong (the Jag F-Pace has had loads of problems with some owners returning the cars).

I was in a similar position deciding on the LC1 and GO1 but in the end the GO1 was going to be 12-18 months too late for me so opted for the LC1 - so glad I did as it is a massive upgrade to the F25

[Peter_R]

If it was me, I would hang on to the F25 LCI (Life Cycle Impulse) vehicle for another year and see how the GO1 pans out. After 10k miles there will demonstrators and ex BMW executive cars on the market that will be high spec that will have lost the value of the addons and will be at a more sensible price.

My pre LCI F25 (X3 xDrive 30d M Sport with every conceivable addon) was valued at £53k when produced, but 10 months later with 10k miles on the clock it was sold to me for £36k. The same will apply to the GO1 as it does with any BMW.

[ba ba boosh]

I bought my car F25 2012 CPO and I would buy a G01 CPO if everything about the car is right and true. I recently test drove a Porsche Macan S and that currently is in the back of my head for my next vehicle, but obviously the platform and technology in the current Macan S is all older generation, so that is something to consider when making the next purchase.

[kozzi]

Originally Posted by cadman50

Does anyone know when that might be? I've got a 2012 X3 35i and am debating on buying a 2017 X3 35i before the new model comes out or keeping mine another year or more and let the new model (2018) issues shake out and buy a 2019. By waiting until I can get a 2019 means that my X3 value plummets even more and also the chance of a costly repair increases.
My X3 is running great now. How does buying a last model year late in the year affect the cars value after the new model year is introduced? Does it go down more than if buying the new model year?
Thanks for any info.

Originally Posted by matt123

August is the last month of production for the F25 X3. The new G01 starts production in October.

EOP on the F25 X3 is on 07/17
EOP on the F26 X4 is on 03/18

http://f30.bimmerpost.com/forums/sho...d.php?t=901686

F25 X3 production may be ending in July but if you don't want to "custom" build your X3, there will be plenty on dealer lots for good prices after the G01 is released.

[Crassus]

I wouldn't expect the G01 to make the resale value of the F52 plummet. German SUVs have very good resale - even with high milage.

If you get a good deal on a top spec X3 with Professional Media, VDC, Servotronic steering and other goodies, you will not feel bad when the G01 comes out.

[Barbera335]

Originally Posted by alpwhite46

I love when people tell me "Oh i always love to buy a brand new car"

My response ... "Oh awesome, so you love to lose money as soon as you just drive off with it?"

Why not just wait till it has 40-60k on it and buy then?

For example my car was 67,000 canadian from the dealer with the packages and the M.

I bought mine for 29,000 with 95,000 on it.
Sure i might have to do some repairs down the line, but thats 38,000 that this car has depreciated since new, and the price on it won't plummet so intensely anymore like it did the first few years.

Unless you don't care much about money and are well off, i'd say lease new, thats it.

I don't know, I don't like used cars as I don't like buying other peoples problems. I tend to buy new and then keep them 12-15 years, at which point they usually have around 200k on them. I could care less about resale value. Maybe I am wasting money buying new but so far I feel it has been a good strategy. My 2011 X3 is barely broken in at 80,000 miles.

[cadman50]

Originally Posted by morphomeman

The longer you hold onto your car, the better off you are financially, because the loss in value is so steep in the first few years on any car that it almost always offsets any cost of repairs.
So if your car is trouble-free and you are happy with it, hold on to it for another two years.
The same goes for spouses.

haha....thanks for the laugh. My mechanic tells me to expect about $2K in repairs a year but this figure seems a little light. I think items to fix/replace in the near future will the battery, sensors, struts (I have DHP), bearings. All in all though it probably is cheaper than the amount you lose in the first few years of owning a car. I'll have to run some numbers to see if it makes sense to keep it.
My 2012 F25 has 86000 miles on it. I'll need new tires soon...both winter and all-season. At least the winter tires I'll keep for the next one. I like the idea of waiting to see how the G01 comes out and whatever problems it has I'd give a year to see them addressed. That's what I did with my X3. In a year the depreciation on my car probably won't be more than $2.5K lower than what it is worth today so that's not too bad to take. As long as I don't get hit with a big repair bill.

[alpwhite46]

Originally Posted by Barbera335

I don't know, I don't like used cars as I don't like buying other peoples problems. I tend to buy new and then keep them 12-15 years, at which point they usually have around 200k on them. I could care less about resale value. Maybe I am wasting money buying new but so far I feel it has been a good strategy. My 2011 X3 is barely broken in at 80,000 miles.

If you plan to keep it like that, then for sure, all the better its nice having a car for a while that you love and were the single owner!

[Scout10]

Loaded question for a COIN toss !
'17s will be giving good prices for close out (known fact)
'18s will be new and trying to HOLD the price line, for two factors,
get the most for NEW model and protect the profit on year end models.
.
the value of your vehicle (at its age) goes down (guess) $2500 to 3K per year.
Wait or go for it? (remember the 2 lists . . . . WANT & NEED)
break out the calculator !

[mjoshi]

Originally Posted by alpwhite46

I love when people tell me "Oh i always love to buy a brand new car"

My response ... "Oh awesome, so you love to lose money as soon as you just drive off with it?"

Why not just wait till it has 40-60k on it and buy then?

For example my car was 67,000 canadian from the dealer with the packages and the M.

I bought mine for 29,000 with 95,000 on it.
Sure i might have to do some repairs down the line, but thats 38,000 that this car has depreciated since new, and the price on it won't plummet so intensely anymore like it did the first few years.

Unless you don't care much about money and are well off, i'd say lease new, thats it.

Interesting observation, I've never bought used car, so this is interesting perspective for me. But on the other hand I hold onto my car for 10-12 years instead of changing it every 4-5 years. What is long term reliability of 2014/2015 year model for BMX X3 ? I'm in market for one and looking at BMW certified pre-owned. Or should I just go with regular used vehicle from dealer ?

[cadman50]

Originally Posted by Scout10

Loaded question for a COIN toss !
'17s will be giving good prices for close out (known fact)
'18s will be new and trying to HOLD the price line, for two factors,
get the most for NEW model and protect the profit on year end models.
.
the value of your vehicle (at its age) goes down (guess) $2500 to 3K per year.
Wait or go for it? (remember the 2 lists . . . . WANT & NEED)
break out the calculator !

That's exactly what I think...the depreciation per year now is $2.5-3K.

My car is worth about $14K now so in 3 years it's value is approximately $7.5K. (hard to believe that it would be that low). Then figure about $2.5K/yr maintenance. So after 3 years my car is worth $7.5K and I've spent $7.5K.

If I buy a new X3 now valued at $65K MSRP and purchase it for $59K (I assume 10% discount) minus my $14K (trade value of my car now) then it will cost me $45K plus tax (6.25%) which equals $47.8K.
After 3 years I think the value of the X3 would be about $25K.

One way to look at it is my cash outlay is $47K (new car) vs. $7.5K (maintenance on existing car) after 3 years. But at the end of 3 years I have $25K equity (new car) vs. $7.5K (old car). And I'm not including the added insurance and excise tax that I pay for the new car which actually diminishes the equity to around $21-22K. Then I could have no car payments again for another 2 years until this scenario repeats itself.

If I wait 3 years then trade my X3 in on a new X3 then I save 3 years of car payments but my cash outlay will be over $50K at that time. Depending on interest rates the payments could be too much unless I made it a 5 year loan.
Of course that's assuming nothing big happens to my car.

Seems like buying new after 5 years kind of makes sense where you have enough equity in your car to lower the initial cost to get a reasonable loan rate for 3 years. Am I missing something?

[alpwhite46]

Originally Posted by mjoshi

Interesting observation, I've never bought used car, so this is interesting perspective for me. But on the other hand I hold onto my car for 10-12 years instead of changing it every 4-5 years. What is long term reliability of 2014/2015 year model for BMX X3 ? I'm in market for one and looking at BMW certified pre-owned. Or should I just go with regular used vehicle from dealer ?

X3 is a pretty reliable safe and sound car.
Go for the 35i, 2013-2015 if you want used.
Make sure you look for any car accidents... we have some fishy ones in Toronto that are still on the market for last 6 months (price is quite low) but it is because it was involved in an accident

http://www.kijiji.ca/v-cars-trucks/c...ationFlag=true