Sliding German Car Residual Values 2015 – 2019
As Tesla enters the Sub $40,000 price market, the German Automakers are feeling the pressure with lower overall residuals on 3 year old vehicles.
You can now buy a used 3 year old BMW, Mercedes or Audi for a little more than half the price of a new one.
A bigger supply of used German-brand luxury vehicles is hurting residuals. Values for 3-year-old vehicles.
BMW | Mercedes | Audi | |
2015 | 59% | 59% | 63% |
2016 | 56% | 56% | 60% |
2017 | 56% | 57% | 59% |
2018 | 53% | 57% | 55% |
2019 | 53% | 55% | 55% |