BMW X5 4.0D MSport 2018 Residuals

[S5man]

Hi guys,

My family circumstances have changed and I need an SUV.

The local garage has some great deals on X5s currently as the new shape is released this week I believe.

Specifically they have a couple of X5 4.0d MSports in with a few extras. I reckon they are a £65k car new. Both 2018 plate, one owner, done 6k and 8k respectively.
Been dropped in price to £47k and £48k.

I will be a big deposit with a loan from the bank to fund the rest. My question is what do we think this car will be worth in 2 years time with around 20k miles on the clock?

Which is when I will look to sell it. If I'm putting a 25k deposit down I really want to get £35k back in 2 years time. when I sell it. Is this feasible do we think?

[p1stonhead]

You should be about fine at £35k. Cheapest AUC car with similar details is about £36k at the moment.
So I would bank on say £32-33k private?

On a seperate note, getting a £20-25k bank loan and putting the same of your own money into an X5 for two years and max 15k miles and losing nigh on £20k for the pleasure is mental IMO.

[S5man]

Yeah I get what you are saying.

I think it will cost around 15k for 2 years. Braced for it potentially be more though.

[p1stonhead]

S5man said:

Yeah I get what you are saying.

I think it will cost around 15k for 2 years. Braced for it potentially be more though.

£1 per mile is still a lot to drive a heavy diesel family barge around....

[russy01]

Bought the Mrs the same car in May. 40d M Sport. Lovely thing to drive, goes well.

We went for their 0% PCP and negotiated new price to under £60k. Don’t like personal PCPs but with a decent discount it made sense.

Our payments over 4years will total approx £35k including the deposit. If we bought cash at £60k then the car would have to be worth >£25k after 4yrs to be better off - I think it will be there abouts (or less), so was happy to use the 0% credit and keep our cash fluid...

[mssond]

I don’t know if they will still be worth that much in 2 years, the new model is hitting show rooms about now, that normally pushes the old model price down significantly once they hit the used market

[aeropilot]

S5man said:

I will be a big deposit with a loan from the bank to fund the rest. My question is what do we think this car will be worth in 2 years time with around 20k miles on the clock?

Which is when I will look to sell it. If I'm putting a 25k deposit down I really want to get £35k back in 2 years time. when I sell it. Is this feasible do we think?

If only intending to keep for 2 years, I would be looking to get one that's about 12-18 months old, to be in the sweet spot in 2 years time?

As said, 2 years time when coming to sell, there will be 12-18 month old new shape G05 X5's on the forecourts, and that will have an impact on used 2018 reg F15 prices.

[S5man]

I drove it and wasnt blown away. So didnt part with my money. Thanks guys

[Burwood]

There is a 68 plate new model but only a 30D, 250 miles for 90k. You have to be certifiable to throw that sort of coin on what is a premium albeit mid tier SUV.

Edited by Burwood on Friday 28th December 18:43

[Wills2]

Burwood said:

There is a 68 plate new model but only a 30D, 250 miles for 90k. You have to be certifiable to throw that sort of coin on what is a premium albeit mid tier SUV.

Edited by Burwood on Friday 28th December 18:43

At 90k it must have just about every single option fitted including individual leather as the base list is 61k and yes you'd need to be minted or mad.

Although I sat in one the other week when I getting a new tyre on the 7 and it's very nice.

[Pioneer]

Wills2 said:

At 90k it must have just about every single option fitted including individual leather as the base list is 61k and yes you'd need to be minted or mad.

Although I sat in one the other week when I getting a new tyre on the 7 and it's very nice.

How does the X5 interior stack up against a 7? I like the idea of the X7, looks like a contender against the RR.

[Burwood]

Wills2 said:

Burwood said:

There is a 68 plate new model but only a 30D, 250 miles for 90k. You have to be certifiable to throw that sort of coin on what is a premium albeit mid tier SUV.

Edited by Burwood on Friday 28th December 18:43

At 90k it must have just about every single option fitted including individual leather as the base list is 61k and yes you'd need to be minted or mad.

Although I sat in one the other week when I getting a new tyre on the 7 and it's very nice.

Of course it better have every boxed ticked. The point stands. This or an M5 comp. I know where the residuals are by a slim margin lol. Just bloody crazy. For that matter an xdrive 760, same age is 85k

[Wills2]

Burwood said:

Wills2 said:

Burwood said:

There is a 68 plate new model but only a 30D, 250 miles for 90k. You have to be certifiable to throw that sort of coin on what is a premium albeit mid tier SUV.

Edited by Burwood on Friday 28th December 18:43

At 90k it must have just about every single option fitted including individual leather as the base list is 61k and yes you'd need to be minted or mad.

Although I sat in one the other week when I getting a new tyre on the 7 and it's very nice.

Of course it better have every boxed ticked. The point stands. This or an M5 comp. I know where the residuals are by a slim margin lol. Just bloody crazy. For that matter an xdrive 760, same age is 85k

I didn't say anything about your point not standing, but 90k is an extreme spec most will be 65k before the 10-15% discount and low rate finance that will be offered at some point. That or an M5 Comp is a moot point as it depends what the buyer wants from the car.

I bought a brand F10 M5 residuals are not something you try discuss once you've experienced them at the sharp end.