I’ve been eyeing the 2024 BMW M4 Competition for some time now, and I’m seriously considering making the leap to buy one. However, with a big investment like this, I can’t help but wonder about the depreciation rate for this model.
Understanding Depreciation
Depreciation is a crucial aspect when it comes to high-performance vehicles, especially luxury brands like BMW. They often face steep depreciation in the first few years, and the M models are no exception. I’m curious about a few specific points:
What are the typical depreciation rates for M models? Specifically for the 2024 M4 Competition, does it follow a similar trend as previous models?
Personal Experiences: If you currently own or have owned a 2024 M4 Competition (or an earlier M4), how has its value held up over time? Did you see any significant drops in the first year?
Expert Insights: For those who follow auto market trends, what do you think affects the depreciation of performance cars? Is it mileage, condition, or maybe the car’s demand in the used market?
Factors to Consider
I’ve gathered some info, but I’d love to hear more about:
Market Trends: Are there any shifts in the luxury car market that might affect the M4’s value?
Future Prospective: With the rise of electric and hybrid vehicles, do you think this will continue to impact the resale value of performance gas vehicles like the M4?
It would be great to hear from fellow enthusiasts and owners about their experiences and insights! Your thoughts could really help me in making an informed decision. Thanks!
The depreciation rate for the 2024 M4 Competition will largely depend on market demand for high-performance cars. With the rise of electric vehicles, it will be interesting to see how that plays out!
Supportively, high-performance vehicles tend to hold their value better if they are limited production. Any idea about how many M4 Competitions will be produced?
Typically, the M4 holds value well due to its iconic status and performance. I think it might depreciate around 15-20% in the first few years, similar to others in its class.
That’s a good point, ltaylor! I’ve seen some reports that suggest the M4 might hold its value even better than the RS5 due to its aggressive styling and performance reputation.
I think the M4’s exclusivity and BMW’s strong enthusiast community play significant roles. Plus, its performance features don’t hurt! But isn’t that the case with the C63 too?