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Cars with the worst resale value after 5 years

While the old saying that cars lose a massive chunk of their value as soon as they’re driven off the dealerÂ’s lot might not be entirely true these days, most new vehicles steadily lose value as they age and are used. iSeeCars recently released its latest study on depreciation, finding the models that lose value the fastest, and the list is packed with high-end nameplates. The vehicles that lost value the fastest over five years include: Maserati Quattroporte: 64.5% depreciation BMW 7 Series: 61.8% Maserati Ghibli: 61.3% BMW 5 Series Hybrid: 58.8% Cadillac Escalade ESV: 58.5% BMW X5: 58.2% Infiniti QX80: 58.1% Maserati Levante: 57.8% Jaguar XF: 57.6% Audi A7: 57.2% While sports cars, hybrids, and trucks dominated the list of slowest-depreciating vehicles, luxury brands accounted for all of the top ten fastest-depreciating models. iSeeCars executive analyst Karl Brauer also pointed out EVsÂ’ lack of representation on the slow-depreciating vehicles list, saying that thereÂ’s a disconnect between what automakers are building and what people actually want. The average five-year depreciation for all vehicles in the iSeeCars study was 38.8 percent. ThatÂ’s an almost 11% improvement over 2019Â’s figures, but some vehicle types perform worse than others. EVs depreciated 49.1 percent over five years, while SUVs dropped 41.2%. Trucks only fell 34.8% and hybrids 37.4%. Brauer noted that all vehicles depreciate slower than they did five years ago. Even so, EVs are not the best choice if youÂ’re looking for a vehicle that wonÂ’t feel like a ripoff when itÂ’s time to trade in. On the flip side, used EVs can present a stellar value, saving thousands over their new counterparts. Charging times and availability remain concerns for buyers in large parts of the country, but a heavily depreciated EV could be the used car value youÂ’ve been looking for. The same wisdom applies to used luxury vehicles, as the list above indicates. While new-car buyers shopping for luxury cars are set to see big depreciation during their ownership, that means the used car market is flooded with inexpensive used luxury cars. High repair costs and costly maintenance schedules are real issues that used luxury models face, however. Green Audi BMW Cadillac Infiniti Jaguar Maserati Car Buying Used Car Buying

BMW broadens engine bolt recall to nearly half-million cars worldwide

Almost one month ago, we reported on a BMW investigation into a potentially defective bolt that lived in the company's VANOS variable valve timing system. At that point, the potential recall was seemingly limited to Chinese-market cars; the company was filing a recall application with Chinese officials.
Today, Bloomberg is reporting that the engine bolt issue has expanded into a recall for several world markets, involving some 489,000 vehicles. BMW was able to verify that report to Autoblog, while also providing a great deal more detail about the issue and vehicles affected.
The recall affects vehicles powered by N55 inline six-cylinder gasoline engines equipped with VANOS and Valvetronic technologies. 1 Series, 3 Series, 5 Series and 5 Series Gran Turismo, X3, X5, X6 and Z4 models from the 2010 to 2012 model years are included, as is the 2012 6 Series.

BMW preparing 'optimized driveline' for i3, provides more range

Autocar reports that BMW is preparing upgrades for the all-electric i3 that will greatly extend its range. Company sources called it an "optimized driveline," powered by a new, 22-kilowatt-hour lithium-ion battery. That's the same capacity as the battery in the current hatchback but it will have a higher density. Combined with improved electronics and new software for battery cooling and the electric motor, Autocar's unnamed BMW source said the new internals will be good for "well over 124 miles in real-world use." The Environmental Protection Agency rates the present i3 as having 81 miles of range, meaning this tweaked version would be a 50-percent improvement if that range number applies to the US market (it's likely the more lenient European number, since Autocar is a UK publication). BMW said the update takes advantage of gains in battery efficiency over the past two years. The i3 with the range extending engine would also get the update, and current owners will reportedly (and surprisingly) be able to purchase the revised powertrain for retrofitting. The Autocar report appears to back up a recent article in German newspaper Die Zeit in which BMW CEO Harald Kruger said the the i3 will get more range next year, and "Another technology leap is going to come in three or four years." The i3 was designed for to make these kinds of upgrades easy to manage. We wait to find out when it will be available, whether it will increase the price of a new car, and how much it will cost current owners to retrofit. Featured Gallery BMW i3 Shadow Sport Edition: LA 2015 News Source: Autocar via World Car FansImage Credit: Copyright 2015 Sebastian Blanco / AOL Green BMW Hatchback Electric Luxury range anxiety bmw i3 rex