Imagine taking $45 and putting it in a blender. Now, imagine doing that every single day for four years: that’s what happens when you try to sell a four-year-old BMW X5 M Competition in today’s market. Recently, one sold at no-reserve on Cars & Bids for just $55,000 with only 43,500 miles on the clock. Originally, the model carried a $120,695 sticker — depreciation at its finest.
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