When BMW engineered the X5, the automaker didn't want to damage its legendary reputation for driving enjoyment. The X5 manages to keep BMW's brand character unblemished with decent interior space and practicality to boot.
Besides the general decline in crossover values, the X5's price plummet probably has something to do with the recent introduction of a newer, more powerful version.
The introduction of a redesigned vehicle almost always leads to a steep drop in the value of used versions of any given model, which has created a real buying opportunity here.
Note: An earlier version of this story displayed "cash value" amounts that did not reflect what people would actually pay for the vehicles. We are now showing "person-to-person" transaction prices. Dealership asking prices will usually be much higher.
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