Published on January 2nd, 2023 | by Daniel Sherman Fernandez0
BMW iX In The Used Car Market At RM104k Depreciation
This BMW iX comes with fifth-generation BMW eDrive technology
In August 2021, BMW Malaysia started taking bookings for the all electric SUV, the iX. Demand was high and surprisingly, BMW managed to import in a high number of units despite global logistics and parts issues.
Within months, the iX could be seen in affluent neighborhoods and high end shopping areas. Yes, the premium BMW buyer wanted one and dealers were able to deliver.
Four variants of the BMW iX were available to Malaysian buyers:
- iX xDrive40 – RM419,630
- iX xDrive40 with Power Package – RM424,230
- iX xDrive40 Sport – RM472,630
- iX xDrive40 Sport with Power Package – RM477,230
Now, some 15 to 16 months later, we see a number of used units appearing for sale in local classifieds. The below ‘white colour’ unit is the third unit we have seen online in the past month and its asking price of RM368,800 is about RM104,000 lower than the new selling price.
This is about RM6,500 depreciations every month for an estimated 16 months of use. We are surprised as the demand for luxury electric cars remain high and even with a possible recession on its way, the buyer demographic for luxury EV’s are not yet affected.
The details of this used iX are as follows.
MODEL : BMW IX xDrive40 Sport
YEAR : 2021
MILEAGE : 13,000KM
OUTPUT : 326HP (630Nm)
WARRANTY : Till 2026
FREE SERVICE : Till 2027 / 120,000km
BATTERY WARRANTY : Till 2029 / 160,000km
The shared vehicle details by the used car dealer are as follows.
– Adaptive BMW Laserlight with High Beam Assistant
– Automatic Wiper
– Automatic Air Conditioning 4 Zone Control
– Automatic Anti Dazzle Driver Side Mirror and Interior Rear View Mirror
– Attentiveness Assistant
– Active Cruise Control with Stop and Go Function
– BMW xDrive with Intelligent Electric All-Wheel Drive
– Brake Energy Recuperation System
– BMW Gesture Control
– Comfort Access System
– Driving Assistant Professional with Steering and Lane Control Assistant
– Emergency Stop Assistant and Evasion Assistant
– Electric Adjustable Steering Column
– Head-up Display
– 360 Surround View Camera
– Harman Kardon Surround Sound System (18-speakers, 655W)
– 12.3-inch BMW Live Cockpit Professional Instrument Display
– 14.9-inch Navigation system Professional system
– IDrive Touch (Clear&Bold with Faceted Crystal Glass)
– BMW ConnectedDrive Services
– Intelligent Emergency Call (SOS)
– Memory Seat Function
– 360 Degree Surround View Camera
– Parking Assistant Plus with Rear View Camera
– Flat Tyre Indicator
– Welcome Light Carpet
– 6 Airbags
– Active Protection
– Central Locking System
– Cornering Brake Control (CBC)
– Dynamic Brake Control (DBC)
– Dynamic Traction Control (DTC)
– Dynamic Braking Lights with Flashing Function
– Electronic Differential Lock Control (EDLC)
– Lane Departure Warning
– Lane Change Warning
– Front Collision Warning with Brake Intervention
– Rear Collision Prevention
– Speed Limit Info
– Tyre Pressure Monitoring System
– Child Safety Lock
There was also a 2022 almost new unit in Blueridge Mountain colour (pictured below) with just 1,000 kilometers driven for sale at RM415,000 which is a RM57,000 depreciation in less than one year.
Meanwhile, this Ix comes with the fifth generation of BMW eDrive technology which encompasses the two electric motors, the power electronics, the charging technology and the high-voltage battery which guarantees exceptional efficiency.
The power unit developed by the BMW Group and manufactured sustainably without the use of critical raw materials known as rare earths will, by the most recent calculations, develop maximum output of more than 500 hp. This is enough to power the BMW iX from 0 to 100 km/h in under 5.0 seconds.
At the same time, the vehicle’s clear aim is to post an exceptionally low combined electric power consumption figure for its segment of less than 21 kWh per 100 kilometres in the WLTP test cycle.
A gross energy content of more than 100 kWh should enable the latest-generation high-voltage battery to record a range of over 600 kilometres in the WLTP cycle. That equates to more than 300 miles according to the EPA’s FTP-75 test procedure.
DC fast charging: over 120 kilometres of extra range in just ten minutes
The new charging technology of the BMW iX enables DC fast charging at up to 200 kW. In this way, the battery can be charged from 10 to 80 percent of its full capacity in under 40 minutes.
Added to which, within ten minutes enough energy can be fed into the battery to increase the car’s range by more than 120 kilometres. It takes less than eleven hours to charge the high-voltage battery from 0 to 100 percent at 11 kW from a Wallbox.
The batteries fitted in the BMW iX are designed as part of a long-term resource cycle and enable an exceptionally high recycling rate.
The power used to produce the battery cells and the high-voltage battery as a whole come exclusively from renewable sources.
So, if you have are looking for a BMW iX, maybe it is better to get a used one year old unit right now.