Prestige
2009 BMW 7-Series
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In the big ticket prestige segment, 5-year ownership costs end up being over $100,000. As a result, when the BMW 7-series has ownership costs that are over 8% lower than expected, the savings end up having significant value. That type of performance is what earned the 7-series Vincentric’s Best Value in America award for the second year in a row. |
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2009 BMW 7-Series
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Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
Depreciation: |
$20,302 |
$8,691 |
$7,164 |
$6,691 |
$6,313 |
$49,160 |
Fees & Taxes: |
4,482 |
213 |
210 |
188 |
188 |
5,281 |
Finance: |
4,675 |
3,770 |
2,799 |
1,756 |
637 |
13,636 |
Fuel: |
1,829 |
1,894 |
1,961 |
2,031 |
2,103 |
9,817 |
Insurance: |
4,120 |
4,057 |
3,996 |
3,936 |
3,881 |
19,990 |
Maintenance: |
0 |
0 |
1,004 |
671 |
3,276 |
4,951 |
Opportunity Cost: |
681 |
943 |
1,179 |
1,422 |
1,628 |
5,853 |
Repairs: |
0 |
0 |
119 |
442 |
967 |
1,529 |
Total: |
$36,089 |
$19,568 |
$18,431 |
$17,137 |
$18,992 |
$110,216 |
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