BMW X7 Depreciation

A BMW X7 will depreciate 34% after 5 years and have a 5 year resale value of $65,392.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $99,759 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 X7.

BMW X7 Depreciation Calculator

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Annual Miles

BMW X7 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $668 99.33% $99,091 12,000 2022
2 $6,355 93.63% $93,404 24,000 2023
3 $10,275 89.70% $89,484 36,000 2024
4 $20,860 79.09% $78,899 48,000 2025
5 $34,367 65.55% $65,392 60,000 2026
6 $41,420 58.48% $58,339 72,000 2027
7 $50,328 49.55% $49,431 84,000 2028
8 $58,788 41.07% $40,971 96,000 2029
9 $63,157 36.69% $36,602 108,000 2030
10 $65,691 34.15% $34,068 120,000 2031

BMW X7 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $668 99.33% $99,091
2 $6,355 93.63% $93,404
3 $10,275 89.70% $89,484
4 $20,860 79.09% $78,899
5 $34,367 65.55% $65,392
6 $41,420 58.48% $58,339
7 $50,328 49.55% $49,431
8 $58,788 41.07% $40,971
9 $63,157 36.69% $36,602
10 $65,691 34.15% $34,068

Buying a BMW X7 New vs Used

If you purchase a used BMW X7 that is 2 years old, then you could save $6,355 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 $28,012. 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 X7 models become available.

What About BMW X7 Insurance Costs?

The average cost to insure a BMW X7 is about $3,864 per year. This adds up to around $19,320 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 X7. 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 X7 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the BMW X7 ranks for Depreciation compared to other vehicles. Also check out how the X7 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other BMW X7 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 X7 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: