BMW M8 Cabriolet Depreciation
A BMW M8 Cabriolet will depreciate 40% after 5 years and have a 5 year resale value of $91,098.
The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $151,175 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the BMW M8 Cabriolet.
BMW M8 Cabriolet Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $17,128 | 88.67% | $134,047 | 13,500 | 2025 |
| 2 | $34,362 | 77.27% | $116,813 | 27,000 | 2026 |
| 3 | $43,327 | 71.34% | $107,848 | 40,500 | 2027 |
| 4 | $51,218 | 66.12% | $99,957 | 54,000 | 2028 |
| 5 | $60,077 | 60.26% | $91,098 | 67,500 | 2029 |
| 6 | $62,345 | 58.76% | $88,830 | 81,000 | 2030 |
| 7 | $107,773 | 28.71% | $43,402 | 94,500 | 2031 |
| 8 | $110,796 | 26.71% | $40,379 | 108,000 | 2032 |
| 9 | $113,820 | 24.71% | $37,355 | 121,500 | 2033 |
| 10 | $116,616 | 22.86% | $34,559 | 135,000 | 2034 |
BMW M8 Cabriolet Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $17,128 | 88.67% | $134,047 |
| 2 | $34,362 | 77.27% | $116,813 |
| 3 | $43,327 | 71.34% | $107,848 |
| 4 | $51,218 | 66.12% | $99,957 |
| 5 | $60,077 | 60.26% | $91,098 |
| 6 | $62,345 | 58.76% | $88,830 |
| 7 | $107,773 | 28.71% | $43,402 |
| 8 | $110,796 | 26.71% | $40,379 |
| 9 | $113,820 | 24.71% | $37,355 |
| 10 | $116,616 | 22.86% | $34,559 |
Buying a BMW M8 Cabriolet New vs Used
If you purchase a used BMW M8 Cabriolet that is 2 years old, then you could save $34,362 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $25,715. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used M8 Cabriolet models become available.
What About BMW M8 Cabriolet Insurance Costs?
The average cost to insure a BMW M8 Cabriolet is about $6,310 per year. This adds up to around $31,550 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a BMW M8 Cabriolet. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure
BMW M8 Cabriolet Depreciation Rankings
We've ranked over 300 models from best to worst for Depreciation. See where the BMW M8 Cabriolet ranks for Depreciation compared to other vehicles. Also check out how the M8 Cabriolet stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other BMW M8 Cabriolet Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major BMW M8 Cabriolet costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:
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