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What is the BMW 330i’s anticipated depreciation?
I have a used BMW 330i that I’m thinking of selling. How much do you think it depreciated from when I first bought it?
Jacqulyn Graber · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Unfortunately, once driven off the new car lot, a BMW 3-Series loses value very quickly, as do most BMWs. A BMW 330i will depreciate an estimated 37% after five years.
If you bought your 330i brand new, it’ll be worth about 60% of its original sticker price after three years. However, used cars that are only a few years old may still qualify for BMW’s “certified pre-owned program,” which, because of robust warranties, adds quite a bit of value.
Keep in mind that depreciation estimates are for vehicles in good condition, averaging 12,000 miles per year.
Depreciation may seem like a bad thing if you plan to resell your new vehicle. However, depreciation could be a good thing if you’re looking to shop for a new set of wheels.
Instead of buying brand new, consider buying a certified pre-owned BMW that’s a couple of years old. It could be several thousand dollars cheaper than a brand-new model, while still equipped with all the very same bells and whistles.
Depreciation is just one expense to factor into your total cost of vehicle ownership. Another major expense is car insurance. Shopping with the
Jerry
app is the easiest way to lower your BMW 330i insurance costs
.As a
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, Jerry compares plans from over 55 insurance companies nationwide to find users the best price for the coverage they need.View full answer
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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