Subject: Re: Cars, year one, no commuting
Have you seen the depreciation on 2 year old BMW's?

YES!!!

The one we bought had just come off a 3 year lease, with only 12,000 miles on it. Barely broken in. BMW said the first oil change was due at 15,000 miles.

We paid just under half the price of a new one.
We drove it for 12 years and sold it for about half what we paid for it.