2007 750/57k miles: $37k… And that’s asking price, not final sales prices, which is mostly likely much lower… (What they don’t tell you is the cost of servicing/fixing these things plagued with electrical gremlins)
It also doesn’t help that the latest 7 series has been redesigned and looks different.
Lol… Why someone would pay full retail when new for the privilege of loosing $38k+ within three years is beyond me…Personally, I’d rather put it into my primary home for improvements, etc.
But you know…There’s also a snob appeal to these. Some folks that buy into the label would go “ewwe preowned”….And insist on shelling out dollars for new, even if they don’t have the dollars…
Also, within a 75 mile radius of San Diego, there are approximately
103 preowned 5 series for sale
65 preowned 7 series for sale
from one used car listing site itself.
So it’s a simple supply/demand thing. There’s much more inventory for these vehicles than people buying them.
