buying used bmw third owner

[murphys33]

I was shown a BMW 323 which has already 2 owners. The depreciation works out to be 8,000 per year. Is this a good deal for a 2 year old car? If I intend to sell this off after 2 years, that is into its 4th year, will the car lose tremendous value?

 

[lordfire]

Re: buying used bmw third owner

i think it might command a lesser value as most shoppers will look for 1 owner, max 2... i might be wrong though..

 

[joshdway]

Re: buying used bmw third owner

really depends on just 1 thing:

how long do u intend to drive the car for?

if u r the 3rd owner within 4 years, resale will take a knocking vs a 4 yr old with 1 or 2 owners.

BUT, thing is, since u r buying it as the potential 3rd owner, it must be bought cheaper to a smiliar car with just 1 owner.

if you buy it and drive it for 4 or 5 years onwards, chances are your car will be scrapped or exported then, so number of owners doesnt matter. meaning if u buy this unit vs a 1 owner unit, your resale value then will be the same. so you are looking at a lower annual depre. but only if u drive it long enough...

happy buying