High Value and High Performance Characterize the BMW M3
Drivers today make many stops online on their hunt for the perfect new car. Edmunds.com is one of the most frequented stops along the way. Well, if you’re looking to make a high-value investment with your new car purchase, it may be helpful to know that the 2016 BMW M3 took home Edmunds.com’s Best Retained Value® Award for Midrange Luxury Cars.
That sounds impressive, but what does it mean? To start, Edmunds.com looks at True Market Value® (TMV®), their own measurement that’s based on actual sales of similar cars in your region and adjusted for accuracy using calculations designed by mathematicians at the website. Using this realistic measurement as a starting point, and assuming 15,000 miles driven per year, Edmunds.com looks at the projected private party residual value five years after vehicle launch. So if you go to sell your 2016 BMW M3 in 2021, how much will you get for it?
According to Edmunds.com, you could expect around 50.1% of your purchase price back. That’s an astounding figure. We’ve all heard horror stories of cars depreciating in value the second they roll off the lot. And now, there’s a model that’s been projected to garner half of its value half a decade later. It speaks to the incredible quality that goes into every BMW vehicle. The 2016 BMW M3 is a car that can be driven with pride, passed down with confidence and sold with anticipation.
No matter which BMW vehicle you drive, there may come a time when new parts are in order. Know what you need? Then be sure to order your BMW parts from Bill Jacobs BMW. And if you don’t know what you need? No worries! We’re always happy to help you out here at our car dealership, proudly serving Chicago, IL.