BMW Resale Values - Questionable?
Over the course of the past few months, I've read numerous posts concerning the purported poor resale value of BMW motorcycles...
I've not personally witnessed this, and quite frankly, I was/am surprised to learn of this. BMW automobiles have relatively high/strong resale values. Im a bit confused. Yeah, I know, apples and oranges, but given the brand name, there should be some similarities...
I find this somewhat perplexing, inasmuch that I was always under the impression that limited availability/unique design and engineering, drives the resale market. The last I checked, BMW motorcycles are not omnipresent...
I'd appreciate some input concerning this matter.
Is there some truth to this?
+1 To Motodan on BMW Car Values
Motodan is right on the money regarding BMW 4-wheelers. Once beyond warranty (4 years or 50K for new vehicles) it's a matter of luck, and planning or BMW maintenance has nothing to do with the costs. Here are a couple of examples from Mrs. ExGMan's 5-series: 1) New battery: $650, 2) Steering column replaced due to defective switch: $850; 3) transmission lever seal failure: $800. All of these occurred within six months of the end of the warranty.
I used to give cars we'd driven to our children. This BMW 530-xi is going to be traded, and probably not on a new BMW.
Regarding BMW motorcycles, my view is that we spend money on maintenance and enhancements because we hope for increased reliability and longevity. I think that the person who wants a used BMW motorcycle is frequently knowledgeable about this kind of thing, and is willing to pay extra for a well-maintained BMW. Unfortunately, as the bikes get more complex and more electronically-dependent, the costs of continued ownership are only going to rise.