Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 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) 2004 BMW M3 in 2004 was $76,695.
The average price for used 2004 BMW M3 nowadays in 2024 is $24,997 which is 33% from the original price.
Estimated mileage driven per year is 6,650 miles.
The graph below is a depreciation curve for 2004 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 2004 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 | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $76,695 | — | — | 100% | 0% |
| 2004 | 6,650 mi | $91,999 | −$15,304 | −19.95% | 119.95% | -19.95% |
| 2005 | 13,300 mi | $86,999 | +$5,000 | +5.43% | 113.44% | -13.44% |
| 2006 | 19,950 mi | $78,998 | +$8,001 | +9.2% | 103% | -3% |
| 2007 | 26,600 mi | $71,880 | +$7,118 | +9.01% | 93.72% | 6.28% |
| 2010 | 46,550 mi | $53,955 | +$0 | +0% | 70.35% | 29.65% |
| 2011 | 53,200 mi | $46,499 | +$7,456 | +13.82% | 60.63% | 39.37% |
| 2012 | 59,850 mi | $42,299 | +$4,200 | +9.03% | 55.15% | 44.85% |
| 2013 | 66,500 mi | $38,743 | +$3,556 | +8.41% | 50.52% | 49.48% |
| 2015 | 79,800 mi | $36,995 | +$0 | +0% | 48.24% | 51.76% |
| 2016 | 86,450 mi | $32,987 | +$4,008 | +10.83% | 43.01% | 56.99% |
| 2017 | 93,100 mi | $31,673 | +$1,314 | +3.98% | 41.3% | 58.7% |
| 2018 | 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 2004 BMW M3. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 BMW M3 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $40,000 | 30 sales |
| 25,000 mi | $48,950 | 33 sales |
| 30,000 mi | $34,990 | 25 sales |
| 35,000 mi | $34,200 | 35 sales |
| 40,000 mi | $28,830 | 56 sales |
| 45,000 mi | $34,995 | 72 sales |
| 50,000 mi | $31,980 | 69 sales |
| 55,000 mi | $34,998 | 158 sales |
| 60,000 mi | $27,900 | 79 sales |
| 65,000 mi | $23,977 | 103 sales |
| 70,000 mi | $19,500 | 93 sales |
| 75,000 mi | $22,999 | 105 sales |
| 80,000 mi | $22,995 | 112 sales |
| 85,000 mi | $20,448 | 94 sales |
| 90,000 mi | $21,995 | 130 sales |
| 95,000 mi | $18,995 | 90 sales |
| 100,000 mi | $19,995 | 93 sales |
| 105,000 mi | $17,995 | 75 sales |
| 110,000 mi | $16,800 | 69 sales |
| 115,000 mi | $18,795 | 71 sales |
| 120,000 mi | $18,900 | 75 sales |
| 125,000 mi | $17,900 | 89 sales |
| 130,000 mi | $17,900 | 77 sales |
| 135,000 mi | $17,977 | 63 sales |
| 140,000 mi | $15,900 | 59 sales |
| 145,000 mi | $13,999 | 22 sales |
| 150,000 mi | $15,500 | 29 sales |
| 155,000 mi | $14,000 | 19 sales |
| 160,000 mi | $17,995 | 23 sales |
| 165,000 mi | $15,500 | 10 sales |
| 170,000 mi | $11,287 | 12 sales |
| 175,000 mi | $13,995 | 14 sales |
Frequently asked questions
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Depreciation directly affects the resale value of a 2004 BMW M3, with faster depreciating vehicles typically having lower resale values over time.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Aftermarket modifications can affect the depreciation of 2004 BMW M3 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
Other years of BMW M3
2003 BMW M3
$26,000 average used price
2,300+ sales records
2009 BMW M3
$28,000 average used price
3,000+ sales records
2012 BMW M3
$32,987 average used price
3,800+ sales records
2018 BMW M3
$53,955 average used price
16,600+ sales records
2021 BMW M3
$71,880 average used price
3,200+ sales records
2022 BMW M3
$78,998 average used price
2,600+ sales records
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