So another thread just reminded me of this..
In RSA, on average cars lose 30% in year 1, and 50% by Yr 3.
Have a look at the table attached (2009), but even the cars you think depreciate the best, are still losing a LOT of money.
http://www.moneyweb.co.za/mw/media_strea...e_2009.gif
Dont be fooled, everybody loses, unless you own an E30/1M.
So once again:
BMW Power.
In RSA, on average cars lose 30% in year 1, and 50% by Yr 3.
Have a look at the table attached (2009), but even the cars you think depreciate the best, are still losing a LOT of money.
http://www.moneyweb.co.za/mw/media_strea...e_2009.gif
Dont be fooled, everybody loses, unless you own an E30/1M.
So once again:
BMW Power.