Oct '25 • General discussion
A new BMW vs an old BMW
Today - I took my 2014 BMW X3 to shop and got a loaner 2025 BMW X1.
After trying it for a day, I realized I am perfectly happy with my existing white 2014 BMW.
The technology is better and the seat is a bit more comfortable but the car drives a bit too fast.
I estimate that the 2025 BMW is around 30% better than my 2014 BMW.
However, here comes the price.
I got my used car (as I am a fan of used car) for $15,000 CAD ($10,000 USD)
A new 2025 BMW could have cost me around $60,000 CAD ($42,000 USD)
While I previously thought about getting a new car (BMW, Tesla, Toyota or Polestar), I ultimately ended up with a used car, which I am happy with.
Another thing is the technology (as I value technology in cars).
I used to think Tesla was ahead in terms of driving tech but after driving the 2025 BMW - I no longer think that is the case.
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
Founder of 5MinInvesting.com
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A new BMW vs an old BMW
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