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BMW X3 Depreciation
A BMW X3 will depreciate 54% after 5 years and have a 5 year resale value of $27,986.
Like all BMWs, the X3 depreciate A LOT, and the depreciation doesn't slow down either. While they score marginally better than the larger X5, you really need to love it to own it. Our money is with one of the Lexus SUVs, which will likely hold its value better, and be less costly to repair and maintain.
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 $60,958 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 X3.
BMW X3 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $22,689 | 62.78% | $38,269 | 13,500 | 2026 |
| 2 | $23,603 | 61.28% | $37,355 | 27,000 | 2027 |
| 3 | $23,896 | 60.80% | $37,062 | 40,500 | 2028 |
| 4 | $30,034 | 50.73% | $30,924 | 54,000 | 2029 |
| 5 | $32,972 | 45.91% | $27,986 | 67,500 | 2030 |
| 6 | $36,880 | 39.50% | $24,078 | 81,000 | 2031 |
| 7 | $39,135 | 35.80% | $21,823 | 94,500 | 2032 |
| 8 | $41,970 | 31.15% | $18,988 | 108,000 | 2033 |
| 9 | $43,542 | 28.57% | $17,416 | 121,500 | 2034 |
| 10 | $44,847 | 26.43% | $16,111 | 135,000 | 2035 |
BMW X3 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $22,689 | 62.78% | $38,269 |
| 2 | $23,603 | 61.28% | $37,355 |
| 3 | $23,896 | 60.80% | $37,062 |
| 4 | $30,034 | 50.73% | $30,924 |
| 5 | $32,972 | 45.91% | $27,986 |
| 6 | $36,880 | 39.50% | $24,078 |
| 7 | $39,135 | 35.80% | $21,823 |
| 8 | $41,970 | 31.15% | $18,988 |
| 9 | $43,542 | 28.57% | $17,416 |
| 10 | $44,847 | 26.43% | $16,111 |
Help me understand
Buying a BMW X3 New vs Used
If you purchase a used BMW X3 that is 2 years old, then you could save $23,603 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 $9,369. 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 X3 models become available.
What About BMW X3 Insurance Costs?
The average cost to insure a BMW X3 is about $2,974 per year. This adds up to around $14,870 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 X3. 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
The Best Model Years to Buy a BMW X3
The 2024 BMW X3 is our top pick for the best model year value for the X3. With the 2024, you would only pay, on average, 63% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2021 model years are also attractive years for the X3, and provide a relatively good value. Our rankings consider multiple factors, including the X3's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the BMW X3 models.
BMW X3 Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2025 | $60,958 | $60,958 | $751 | $0 | 0% | 100% | |
| 2024 | $55,428 | $34,795 | $875 | $26,163 | 42.92% | 62.78% | Best |
| 2023 | $54,635 | $33,480 | $1,115 | $1,315 | 3.78% | 61.28% | Better |
| 2022 | $51,808 | $31,500 | $1,433 | $1,980 | 5.91% | 60.8% | Good |
| 2021 | $51,995 | $26,379 | $1,739 | $5,121 | 16.26% | 50.73% | Better |
| 2020 | $51,139 | $23,477 | $2,289 | $2,902 | 11% | 45.91% | Good |
| 2019 | $50,023 | $19,760 | $2,539 | $3,717 | 15.83% | 39.5% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2025 | $60,958 | 100% | |
| 2024 | $34,795 | 62.78% | Best |
| 2023 | $33,480 | 61.28% | Better |
| 2022 | $31,500 | 60.8% | Good |
| 2021 | $26,379 | 50.73% | Better |
| 2020 | $23,477 | 45.91% | Good |
| 2019 | $19,760 | 39.5% |
BMW X3 Depreciation Rankings
We've ranked over 300 models from best to worst for Depreciation. See where the BMW X3 ranks for Depreciation compared to other vehicles. Also check out how the X3 stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other BMW X3 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 X3 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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