BMW X3 Depreciation

A BMW X3 will depreciate 37% after 5 years and have a 5 year resale value of $32,323.

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 12,000 miles per year. It also assumes a selling price of $51,396 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 Calculator

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BMW X3 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,102 95.91% $49,294 12,000 2022
2 $6,795 86.78% $44,601 24,000 2023
3 $10,747 79.09% $40,649 36,000 2024
4 $12,314 76.04% $39,082 48,000 2025
5 $19,073 62.89% $32,323 60,000 2026
6 $24,773 51.80% $26,623 72,000 2027
7 $28,324 44.89% $23,072 84,000 2028
8 $32,138 37.47% $19,258 96,000 2029
9 $36,183 29.60% $15,213 108,000 2030
10 $37,324 27.38% $14,072 120,000 2031

BMW X3 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,102 95.91% $49,294
2 $6,795 86.78% $44,601
3 $10,747 79.09% $40,649
4 $12,314 76.04% $39,082
5 $19,073 62.89% $32,323
6 $24,773 51.80% $26,623
7 $28,324 44.89% $23,072
8 $32,138 37.47% $19,258
9 $36,183 29.60% $15,213
10 $37,324 27.38% $14,072

Buying a BMW X3 New vs Used

If you purchase a used BMW X3 that is 2 years old, then you could save $6,795 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 $12,278. 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 $2,182 per year. This adds up to around $10,910 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 2016 BMW X3 is our top pick for the best model year value for the X3. With the 2016, you would only pay, on average, 52% of the price as new, with 50% of the vehicle's useful life remaining. The 2015 and 2020 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
2022 $51,396 $51,396 $578 $0 0% 100%
2021 $51,303 $49,887 $684 $1,509 2.94% 95.91%
2020 $49,154 $43,511 $853 $6,376 12.78% 86.78% Better
2019 $48,091 $39,156 $1,123 $4,355 10.01% 79.09% Good
2018 $47,125 $37,182 $1,348 $1,974 5.04% 76.04%
2017 $40,325 $27,064 $1,702 $10,118 27.21% 62.89%
2016 $41,410 $23,870 $2,419 $3,194 11.8% 51.8% Best
2015 $40,570 $20,916 $2,705 $2,954 12.38% 44.89% Better
2014 $40,657 $18,204 $2,970 $2,712 12.97% 37.47% Good
2013 $39,744 $15,130 $3,364 $3,074 16.89% 29.6%
2012 $38,304 $14,881 $3,414 $249 1.65% 29.94%
2011 $37,344 $13,100 $3,836 $1,781 11.97% 24.81%
2010 $37,295 $10,386 $4,448 $2,714 20.72% 15.92%
Year Price % Paid Value Rank
2022 $51,396 100%
2021 $49,887 95.91%
2020 $43,511 86.78% Better
2019 $39,156 79.09% Good
2018 $37,182 76.04%
2017 $27,064 62.89%
2016 $23,870 51.8% Best
2015 $20,916 44.89% Better
2014 $18,204 37.47% Good
2013 $15,130 29.6%
2012 $14,881 29.94%
2011 $13,100 24.81%
2010 $10,386 15.92%

BMW X3 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 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.

Depreciation Rankings

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: