Anthony
Ok, I know for a fact that most luxury cars below the year of 2008 kinda has a low re-sale value, because people don't need luxury cars because they'd rather buy everyday cars below they don't wanna pay for maintenance, premium gas, etc. I love cars like Audi, BMW, Benz, Lexus. Not the richest person in the world but OK. Lets use this example, An used 2009 BMW 328i would cost about 19-21K. A used 2009 Audi A5 would cost about 29-31K. Why is it that Audi's have higher re-sale value? Like they both cost around 40-50K new but BMW loses value faster? I prefer BMW but Audi's look very sexy though. =/
Answer
Audis don't have higher re-sale value. You're comparing the wrong cars.
A BMW 328i compares more to an Audi A4, not the A5. Perhaps an A5 is halfway in between a BMW 3 series and a 5 series......but it doesn't directly compare to a 328. A 328 does not cost $45K - $50K new....that's much closer to a 5 series. It's not that the resale percentages are any different. 45% of a bigger number is a bigger number. It's just a more expensive car to start with.
A 2009 A4 books for around $18K - $19K, less than the 328.
Audis don't have higher re-sale value. You're comparing the wrong cars.
A BMW 328i compares more to an Audi A4, not the A5. Perhaps an A5 is halfway in between a BMW 3 series and a 5 series......but it doesn't directly compare to a 328. A 328 does not cost $45K - $50K new....that's much closer to a 5 series. It's not that the resale percentages are any different. 45% of a bigger number is a bigger number. It's just a more expensive car to start with.
A 2009 A4 books for around $18K - $19K, less than the 328.
Is the Mini Cooper considered a luxury car?
Silvia
Is it considered a really nice car or do people view it as lame/geeky? I'm thinking of buying it (I'm a girl btw.)
Answer
I donât think the MINI is considered a luxury car that comes with the Lexus, Mercedes, etc. cliché. It is however a small premium car. If you like driving but also have a good sense of pragmatism this car may be a very good fit. Youâll have fun driving it around and it handles very well, but you wonât spend all your money on it due to the high resale value, free maintenance program, great gas mileage etc. I think only people who donât know what the car is about and never drove one would see it as geeky⦠similar to what some folks thought of Mac users back in the days being a bunch of geeky wannabe designers. In the end you are driving the car and you need to feel it represents what you believe in. I own a MINI and wouldnât trade it in against any other car since all other cars seem either lame or too much $$ to be spent on a machine for me. The MINI is the best compromise I found. Just go drive one and youâll see what Iâm talking about.
I donât think the MINI is considered a luxury car that comes with the Lexus, Mercedes, etc. cliché. It is however a small premium car. If you like driving but also have a good sense of pragmatism this car may be a very good fit. Youâll have fun driving it around and it handles very well, but you wonât spend all your money on it due to the high resale value, free maintenance program, great gas mileage etc. I think only people who donât know what the car is about and never drove one would see it as geeky⦠similar to what some folks thought of Mac users back in the days being a bunch of geeky wannabe designers. In the end you are driving the car and you need to feel it represents what you believe in. I own a MINI and wouldnât trade it in against any other car since all other cars seem either lame or too much $$ to be spent on a machine for me. The MINI is the best compromise I found. Just go drive one and youâll see what Iâm talking about.
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