They can be cheap and they can be affordable and they can be expensive. It all depends. I think mine's worth about as much as a new Honda Civic.
Maybe the parenting-thing would have worked out better if dad had worked together with his son to bring an old project BMW back to life than flying off to photograph women's butts and using the money to buy his precious little snowflake a new BMW did.
IMO the worst thing about BMWs is that their maintenance is three times as expensive as most other cars.Not that they break down more often, it’s the $90 oil/filer changes, etc, etc.
Whatsurprises many people is that a 10-12 year-old Mercedes can often be worth no more than an 8-10 year-old nice Honda Accord or Toyota Camry.
Rich people don’t want a 10 year-old luxury car, and an average person doesn’t want the very high expense associated with maintaining a 10 year-old luxury car that may not be all that reliable. Lexus and Acura might be exceptions, but they are built by Toyota and Honda.
Yep, there is something going on here.