When I bought my M3 SR+ n September my intention was to trade it in for a Y in a couple of years time.
Just out of curiosity I wanted to check if perhaps the M3 held its value so I could order it earlier (late 2021).
Just got the trade in estimate. £32000.
It's done 1400 miles (lockdown ).
That's a 20% drop in 5 months. They say you take a 10% hit just driving off the forecourt but this seems excessive.
Might hold off on the Y for 3 years instead of the depreciation is that bad.
Just out of curiosity I wanted to check if perhaps the M3 held its value so I could order it earlier (late 2021).
Just got the trade in estimate. £32000.
It's done 1400 miles (lockdown ).
That's a 20% drop in 5 months. They say you take a 10% hit just driving off the forecourt but this seems excessive.
Might hold off on the Y for 3 years instead of the depreciation is that bad.