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Personal Finance Topics / Retirement Investing
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Author: rayvt   😊 😞
Number: of 1171 
Subject: Re: Cars, year one, no commuting
Date: 03/16/26 5:56 PM
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No. of Recommendations: 2
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.
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