So I bought a CPO 2021 BMW 530e in February with 17k miles and had it since. I don’t drive much, only put 4k miles on it since, and paid about $47K (which seemed like a good deal at the time) and put $5k down. I also did a 72 month lease, and definitely don’t think I’ll want the car another 5 years.
I’m worried the car market will keep tanking and got an offer for essentially my exact Loan amount of $37.6K from vroom, so essentially I’ll paid off the loan, but have technically spent $5k plus 7 payments ($10kish) to own this car for 8-9 month which seems stupid, but again, maybe better to sell now then potentially lose more later?
Let me know your thoughts, would greatly appreciate it.
Dunno why ppl say this. In accident scenario I’ve had multiple insurance adjusters says bmws hold their value pretty well compared. The first 3 years you take a big hit, but after that it’s not bad.
Yeah true i guess from my experience was like 6 years ago hunting an e90. I could get my dream car for 10k. Now I’m hunting for slightly newer bmws and they are out of my price range. I want a 240 or 340 of any year and they’re like 30k lol