[Peter del Rio]

All new non-bespoke cars depreciate on average 50% in 3 years.

As a buyer, you are well served to purchase these cars as they come off of lease. Typically, this is how I operated for the last 40 years. If you take care of the car many times you can sell it many years later for what you paid for it. Currently, I am selling our 2000 Jaguar XKR for more than what we paid for it to make room for our new iX in the garage. Conversely, we are giving away our Land Rover LR3 with 200K miles as it is on its last leg.

For the past 4 years, we have only been driving our used BMW i3 Rex with originally 14K miles to stay carbon neutral and because it drives better than both our Jag and LR3.

So why buy the BMW iX new?

Because there is nothing else out there as good in the used market. The iX is fairly new and any used iXs can not be purchased yet at the typical 50% discount to make it worthwhile to take the risk of buying a used car.