Why So Many 2006 E90 on the Used Market?

[KTL]

Been searching for E46 or E90 sedans (don't start arguing about which is better, please :D) and notice a large number of E90 in low low 20's with fair mileage (mid 20K to high 40K); which incidentally should cause a resounding effect on the E46 prices.

Question is, why so many E90s on the market with decent mileage? Do you think many of these cars are coming to the end of the lease and people are handing them over to the dealer?

Also, i'm very pleased to see a large selection of 6 spd 330 manual cars in my area. I have had to look far and wide to find a E46 manual sedan.....

Thanks,
Kevin

[Schm]

The market sucks, and many of the 06 lease returns are showing up on the market. I would say that dealers don't want them, as they've already got too much inventory.

[pmii77]

The E90 I bought at the start of the new year was an end of lease. One owner. The non-BMW dealer said he's had it for 30 days, and that he's always had trouble selling the 4 door sedan -- that people just prefer the coupe.

The dealer started at $24,995. I spent a good week haggling and sending him comps... In the end, I got it for $19,500. 34K miles, sports/premium/winter packages.

[Stylin]

my E90 06' 330i will be going back after my lease in a few months. Like these guys said.. theres just too many of them around causing the market to sink on them. Mines only for 23k miles on it too.

[Beer Goggles]

Why do people think their cars hold so much value. The value of your car is determined when you sign and it's really a guess. Most cars lease at about 45-50% depreciation of 3 years...pretty much what most are buying used ones for.

Some companies like BMW finance their own leases so they can subsidize or determine what they want the value to be...but that doesn't mean it will be. If you look at another brand like Audi/Mercedes a similar model sells for a lot less.