Depreciation
The depreciation graph and accompanying table on our page detail how the 1988 BMW M3's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1988 BMW M3 in 1988 was $76,695.
The average price for used 1988 BMW M3 nowadays in 2024 is $79,999 which is 104% from the original price.
Estimated mileage driven per year is 6,650 miles.
The graph below is a depreciation curve for 1988 BMW M3. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1988 BMW M3 in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1988 MSRP | 0 mi | $76,695 | — | — | 100% | 0% |
| 1988 | 6,650 mi | $91,999 | −$15,304 | −19.95% | 119.95% | -19.95% |
| 1989 | 13,300 mi | $86,999 | +$5,000 | +5.43% | 113.44% | -13.44% |
| 1990 | 19,950 mi | $78,998 | +$8,001 | +9.2% | 103% | -3% |
| 1991 | 26,600 mi | $71,880 | +$7,118 | +9.01% | 93.72% | 6.28% |
| 1994 | 46,550 mi | $53,955 | +$0 | +0% | 70.35% | 29.65% |
| 1995 | 53,200 mi | $46,499 | +$7,456 | +13.82% | 60.63% | 39.37% |
| 1996 | 59,850 mi | $42,299 | +$4,200 | +9.03% | 55.15% | 44.85% |
| 1997 | 66,500 mi | $38,743 | +$3,556 | +8.41% | 50.52% | 49.48% |
| 1999 | 79,800 mi | $36,995 | +$0 | +0% | 48.24% | 51.76% |
| 2000 | 86,450 mi | $32,987 | +$4,008 | +10.83% | 43.01% | 56.99% |
| 2001 | 93,100 mi | $31,673 | +$1,314 | +3.98% | 41.3% | 58.7% |
| 2002 | 99,750 mi | $27,750 | +$3,923 | +12.39% | 36.18% | 63.82% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the BMW M3’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1988 BMW M3. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1988 BMW M3 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 45,000 mi | $89,980 | 27 sales |
| 50,000 mi | $99,950 | 21 sales |
| 70,000 mi | $92,425 | 12 sales |
| 90,000 mi | $119,997 | 10 sales |
| 125,000 mi | $37,000 | 25 sales |
| 140,000 mi | $89,500 | 17 sales |
| 145,000 mi | $89,990 | 15 sales |
| 150,000 mi | $46,900 | 11 sales |
| 155,000 mi | $63,995 | 15 sales |
Frequently asked questions
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Other years of BMW M3
1998 BMW M3
$21,500 average used price
1,500+ sales records
1999 BMW M3
$22,000 average used price
1,600+ sales records
2010 BMW M3
$27,750 average used price
2,400+ sales records
2012 BMW M3
$32,987 average used price
3,800+ sales records
2013 BMW M3
$36,995 average used price
6,100+ sales records
2020 BMW M3
10+ sales records
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1988 BMW M3 on BADVIN
