Resale Value & Market Flood

2523 Views 8 Replies 8 Participants Last post by Han-man, Apr 17, 2003

Rashan

Discussion Starter · Apr 3, 2003

One of the issues that I was struggling with before I went with the G35 was the resale value (I was debating between the 330 coupe and the G). BMWs maintain their value over the years. Are there any opinions on the anticipated resale value in the next 6-7 years? Does anyone think that that the roads will become flooded with the G35 coupes like BMWs? The reason I went with the G/coupe is because 330 coupes were so common. I hope this does not happen with Gs.

Thoughts?

Ra!

Once you go BLACK...you never go BACK! Coming soon to the Jersey Turnpike: Black Obsidian/ Graphite Leather, 18",Premi, Navi, Aero, Auto

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Chaz

· #2 · Apr 3, 2003

Well like any new car out with much hype and anticipation they do flood the market within the first year or so. Now whether the coupe will be as flooded as the 330 I doubt it. There are a TON of 330's out there...not to mention BMW is a bigger seller than Infiniti. Not sure why though...over-priced for what you get!

'03 G35 Sedan.

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coupe

· #3 · Apr 3, 2003

You have all the options? Would you do that again? I am trying to decide which to get.

Thanks

Michael

<blockquote id="quote">quote:<hr height="1" noshade id="quote">Originally posted by Rashan

One of the issues that I was struggling with before I went with the G35 was the resale value (I was debating between the 330 coupe and the G). BMWs maintain their value over the years. Are there any opinions on the anticipated resale value in the next 6-7 years? Does anyone think that that the roads will become flooded with the G35 coupes like BMWs? The reason I went with the G/coupe is because 330 coupes were so common. I hope this does not happen with Gs.

Thoughts?

Ra!

Once you go BLACK...you never go BACK! Coming soon to the Jersey Turnpike: Black Obsidian/ Graphite Leather, 18",Premi, Navi, Aero, Auto

2Black2Strong
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Semi On

· #4 · Apr 4, 2003

<blockquote id="quote">quote:<hr height="1" noshade id="quote">BMWs maintain their value over the years. <hr height="1" noshade id="quote"></blockquote id="quote">

Says who? BMW's are horrible at maintaining their value because 90% of the BMW buying crowd simply leases the newest model. They're afluent enough to be able to have the newest and the market for used models is flooded with 2 year old cars coming out of lease.

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Gardiner

· #5 · Apr 4, 2003

Our BMW 323 cost 32K and one year later traded it for 26K.

2003.5 Blue Sedan

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veneficuss

· #6 · Apr 6, 2003

you paid $6,000 to drive a low end BMW for 1 year? must be nice to have $$$ to throw away

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UpperLevelDisturbance

· #7 · Apr 13, 2003

I registered for the board just to reply to this thread with facts:

I have a 323ci that I just returned yesterday that came off of balloon loan. I am about to lease a fully loaded (w/nav) 6MT G35 coupe (been waiting for 2 months -- C order).

The residual for my fully loaded, chick-shift, black/tan 323ci was 23610. Purchase price was around 37500 which I copped down to 35500. The interest rate was 7.15%, which was the norm at the time (Aug 99). For the english majors out there, this corresponds to a 63% residual. BMW's hold their value well. Low mileage pre-owned ones will sell on a dealer lot.

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Chaz

· #8 · Apr 13, 2003

Well from what I have seen and heard BMW's are suppose to hold their value pretty well. NOW with that being said, you DO pay WAY too much for those cars for what you get...another words the G35 to me SMOKES the 330's in the 'BANG FOR THE BUCK' category. Not sure anyone can argue that one...AHEMAHEMupperleveldistanceAHEM! Sorry had to cough...hehe anyway it is too early to tell right now what the G35's resale value will be. In order to get a proper Blue book resale value their has to be turnover on the car...as of right now there is NO turnover on this car cause it is so hot. Just my two cents! [

]

'03 G35 Sedan.

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Han-man

· #9 · Apr 17, 2003

I'm new to the group. I live in Toronto Canada (go Leafs!!). Got my brilliant silver 6MT on March 12, 2003. I don't think that the price will come down that much more than the BMW. And if it does, by how many percentage points? An example would be: if the BMW depreciates in 4 years to 50% (seems the normal depreciation for a 4 year old lease), then maybe a G35 coupe would depreciate to 45%. Is that 5% going to make a huge difference. Your MSRP is already much lower. The price comparos in Canadian funds is $47000 for the G35 and about $55000 for a similarly equipped BMW 330ci. (and this is a modest figure also. I didn't include some extra sporty aluminum trim on the BMW nor 18" wheels. And neither of these prices include taxes). After 4 years, your G35 is now worth $21150 and the BMW is now $27500.00. So with the g35 you've lost $25850 and the BMW, you've lost $27500. And depending on whether you lease of finance the car, you could make up that difference in interest rates with the lower msrp.
I guess it also depends on how long you're keeping the car. I don't plan on selling mine for 10 years at least. The look is so new mode, yet the design is sure to be a classic style for years. I'm sure everyone on this clubs page is getting lots of stares from pedestrians and other drivers.
Eventually, the market will be flooded with more g35's. Will it be more abundent than the BMW 3 series. Don't think so. BMW has more than 50 years of history. I'm seeing more sedans, and more coupes. After all, it's a production car, and not a limited edition (like and Aston Martin as we hope it would be). And wait till you see the new BMW 3 series (or 4 series as they may call it). I think it looks like a less expensieve Ford or GM car. So I still think that the g35 rocks in comparison with the BMW. I give 2 thumbs up to all you others who have these G cars, cause I'm really happy with mine, and I haven't even got through the break in period. And when that happens, I'll be happier than a pig in ... you know what.[^]

<blockquote id="quote">quote:<hr height="1" noshade id="quote">Originally posted by Rashan

One of the issues that I was struggling with before I went with the G35 was the resale value (I was debating between the 330 coupe and the G). BMWs maintain their value over the years. Are there any opinions on the anticipated resale value in the next 6-7 years? Does anyone think that that the roads will become flooded with the G35 coupes like BMWs? The reason I went with the G/coupe is because 330 coupes were so common. I hope this does not happen with Gs.

Thoughts?

Ra!

Once you go BLACK...you never go BACK! Coming soon to the Jersey Turnpike: Black Obsidian/ Graphite Leather, 18",Premi, Navi, Aero, Auto

2Black2Strong
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