Should I keep our BMW, an M5 from July 2007? It has never been in an accident and has done only 58,000km. I have ordered a new Mercedes and my son thinks we should keep this car as it will be worth a lot of money in the future. What do you think?
You should never consider a car as an investment, just a depreciating asset, unless you're lucky enough to have a rare classic Porsche or Ferrari in the garage. The V10-engined M5 is definitely a favourite with driving enthusiasts but it's unlikely to become a serious investment because of the number built.