BMW X3 Depreciation
A BMW X3 will depreciate 52% after 5 years and have a 5 year resale value of $23,651.
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 $49,686 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 | $8,978 | 81.93% | $40,708 | 12,000 | 2022 |
2 | $12,203 | 75.44% | $37,483 | 24,000 | 2023 |
3 | $13,415 | 73.00% | $36,271 | 36,000 | 2024 |
4 | $18,205 | 63.36% | $31,481 | 48,000 | 2025 |
5 | $26,035 | 47.60% | $23,651 | 60,000 | 2026 |
6 | $30,010 | 39.60% | $19,676 | 72,000 | 2027 |
7 | $33,737 | 32.10% | $15,949 | 84,000 | 2028 |
8 | $37,096 | 25.34% | $12,590 | 96,000 | 2029 |
9 | $38,263 | 22.99% | $11,423 | 108,000 | 2030 |
10 | $38,909 | 21.69% | $10,777 | 120,000 | 2031 |
BMW X3 Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $8,978 | 81.93% | $40,708 |
2 | $12,203 | 75.44% | $37,483 |
3 | $13,415 | 73.00% | $36,271 |
4 | $18,205 | 63.36% | $31,481 |
5 | $26,035 | 47.60% | $23,651 |
6 | $30,010 | 39.60% | $19,676 |
7 | $33,737 | 32.10% | $15,949 |
8 | $37,096 | 25.34% | $12,590 |
9 | $38,263 | 22.99% | $11,423 |
10 | $38,909 | 21.69% | $10,777 |
If you purchase a used BMW X3 that is 2 years old, then you could save $12,203 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 $13,832. 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.
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, 48% of the price as new, with 58% 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 |
---|---|---|---|---|---|---|---|
2021 | $49,686 | $49,686 | $594 | $0 | 0% | 100% | |
2020 | $49,154 | $40,965 | $693 | $8,721 | 17.55% | 81.93% | Better |
2019 | $48,091 | $37,157 | $879 | $3,808 | 9.3% | 75.44% | |
2018 | $47,125 | $34,401 | $1,162 | $2,756 | 7.42% | 73% | |
2017 | $40,325 | $26,898 | $1,348 | $7,503 | 21.81% | 63.36% | |
2016 | $41,410 | $21,438 | $1,725 | $5,460 | 20.3% | 47.6% | Best |
2015 | $40,570 | $18,478 | $2,412 | $2,960 | 13.81% | 39.6% | Better |
2014 | $40,657 | $15,787 | $2,738 | $2,691 | 14.56% | 32.1% | Good |
2013 | $39,744 | $13,026 | $2,955 | $2,761 | 17.49% | 25.34% | Good |
2012 | $38,304 | $12,190 | $3,385 | $836 | 6.42% | 22.99% | |
2011 | $37,344 | $11,581 | $3,480 | $609 | 5% | 21.69% | |
2010 | $37,295 | $9,202 | $3,997 | $2,379 | 20.54% | 13.96% | |
2009 | $38,113 | $8,168 | $4,730 | $1,034 | 11.24% | 9.02% |
Year | Price | % Paid | Value Rank |
---|---|---|---|
2021 | $49,686 | 100% | |
2020 | $40,965 | 81.93% | Better |
2019 | $37,157 | 75.44% | |
2018 | $34,401 | 73% | |
2017 | $26,898 | 63.36% | |
2016 | $21,438 | 47.6% | Best |
2015 | $18,478 | 39.6% | Better |
2014 | $15,787 | 32.1% | Good |
2013 | $13,026 | 25.34% | Good |
2012 | $12,190 | 22.99% | |
2011 | $11,581 | 21.69% | |
2010 | $9,202 | 13.96% | |
2009 | $8,168 | 9.02% |
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: