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      12-19-2016, 08:56 PM   #23
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Quote:
Originally Posted by se15679875 View Post
I can't imagine someone able and willing to spend $400,000 euros on a car soliciting advice from a car forum.
I know enough stinking rich people with money to burn to know to not say this with certainty


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I also find it odd that your friend wants to buy something "expensive" and not a high quality product that just happens to be expensive, but I'm not here to judge.
Again, see my above response.

Quote:
There is an objective, factual answer to the question you're asking. As a general rule of thumb, nearly all vehicles depreciate on the order of 30% the moment they're driven off the lot, exotics included. The cars that don't tend to depreciate that much are the ones that are limited in production number, but if your friend is intelligent enough to amass the means to spend $400,000 euros on a car, surely he already knows this.
This is why I would only mention collector/concours type vehicles that have already gone up in value and are on an upward trajectory. Of course buying a new car off the lot, no matter what it is, is going to lose you money in the short run.

The OP even states that as one of his requirements:

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4) The car should be used.
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      12-21-2016, 03:42 AM   #24
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Quote:
Originally Posted by se15679875 View Post
I can't imagine someone able and willing to spend $400,000 euros on a car soliciting advice from a car forum.

I also find it odd that your friend wants to buy something "expensive" and not a high quality product that just happens to be expensive, but I'm not here to judge.

Your requirements are extremely vague. "Minimal" losses to depreciation after 1 year. What counts as minimal? How many miles does your friend plan on driving the car? Why do you think people on a BMW forum are well-equipped to answer such a technical question.

There is an objective, factual answer to the question you're asking. As a general rule of thumb, nearly all vehicles depreciate on the order of 30% the moment they're driven off the lot, exotics included. The cars that don't tend to depreciate that much are the ones that are limited in production number, but if your friend is intelligent enough to amass the means to spend $400,000 euros on a car, surely he already knows this.
Se don't take me wrong.
1) I do not have this amount of money.
2) My friend is not seeking any advice from this forum.
3) We were just out for a coffee and due to the fact he told me he wants to buy a car around that money and since I had no clue about those level of cars, I said we are on a car forum anyone posts from politics, to watches, then l I can ask at least about cars.
4) According to the miles he is planning to have it as a special occasion car.
I guess 1000-2000 miles per year.
5) If you have a lot of money you usually see it as new toy the car. To think it as investment takes some fun out of it.

Thank you for the general rule.
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      12-25-2016, 01:41 PM   #25
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      12-25-2016, 02:14 PM   #26
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      12-25-2016, 07:42 PM   #27
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Quote:
Originally Posted by MKSixer View Post
Current Ford GT.
You may close the thread now.
Last model was a hell of an investment.

Edit: all previous models were.
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