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What is the BMW M3 depreciation rate?
I heard a rumor that your car depreciates when you drive off the lot. I just purchased a BMW M3 and now I’m worried! What are the average BMW M3 depreciation rates?
Andrea Barrett · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
A BMW M3 has a forecasted 5-year depreciation rate of 38%. That means a car purchased for $68,462 will depreciate by $26,016 over five years and have a resale value of $42,446. However, while the average rate of depreciation might be 38%, the actual resale value of a car depends on factors like vehicle age, condition, and mileage.
A 2015 BMW M3 purchased for $62,000 with a depreciation rate of 39%, which equates to $24,175, bringing the cost of the vehicle down to $37,825.
Also, remember that depreciation rates typically increase with more expensive cars. Since BMW is a luxury car brand and the M-class is its performance cars, depreciation rates could be even higher.
While you may not be able to control depreciation rates, you can control keeping up with a regular
car maintenance schedule
to keep your M3 in mint condition. And when combined with a solid car insurance
policy, it’s the perfect recipe for a high resale value. Don’t have time to find out? Say hello to
Jerry
, the licensed broker and insurance expert that makes lowering your BMW M3 insurance costs
quick and hassle-free. Sign up in 45 seconds on your smartphone and browse custom quotes from over 55 top insurers. Best of all, you could save over $800 a year on insurance by shopping with Jerry! View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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