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Why does the BMW 6 series depreciate so fast?

Source: Yahoo! Answers

I'm looking to buy a car and i see that that 6 series costs from 26k-32k for a five years used vehicle. Brand new it costs 70K so why does the price fall so rapidly?

  • You are on to a great secret that many people who like nice things but are value conscious hold dear. Most of these vehicles are leased when new. They are driven through the completion of the lease and then turned in and a new lease begins. Many elitist buyers would never think of purchasing a used vehicle so even... Read More
  • Premium cars ALL depreciate rapidly. Those that can really afford these cars want brand new ones. Used car buyers are wary of them because parts and service for them is EXPENSIVE - AND, they can get a great NEW car with a warranty for the same money - just not a new 6 series BMW. So, the used market for luxury is low... Read More
  • Because people realized there over engineered, over priced and over rated.
  • Because they are overpriced pieces of crap.

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Other Choices:

The Mercedes-Benz SL is a two-seat roadster that also has a bit of a weight problem, and technology invades every driving system--but it comes off as more composed than the 6-Series BMW and sports a folding hardtop. Jaguar's XKR is a blast to drive; it's the sexiest convertible in this group by far and one of the best-handling cars here, too. The Porsche 911 has teensy rear seats and a cold, technical feel, but stunning handling and straight-line performance, especially in Turbo form.

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