Resale Value

[MAC]

Argo, I don't think BMW gets good resale value either. Used BMWs and MBs are expensive, only because they started out expensive. You can buy a 2 yrs old MB S500 for $45K-$50K, which was $80K-$85K when new out of the door, thereafter the drop is $5K-$8K per year, much higher than American autos, but more likely similar % in relation to the the prices.

American automobiles tend to suffer the highest % drop in value in the first year, except hot new models such as Hummer in the first 6-9 months, which is not longer the case and hasn't been. The supply and demand set the prices. The moment you drive out of the lot, you stand to lose $5K-$10K. Even if you sell it at the same buying price, you will lose thousands in related buying expenses.

The good news is that you are not the only victim, happens to every one and every car.