The BMW XM 2024, BMW's flagship high-performance SUV, suffers a massive €55,000 (≈SAR 206,000) depreciation in just two years, according to Auto Bild. Used examples now start around €95,000 (≈SAR 357,000), offering over 35% savings but with caveats for Gulf buyers.
The BMW XM 2024, the most powerful production BMW ever, is losing value faster than many luxury SUVs. A report from German publication Auto Bild reveals that after just two years, owners face a depreciation of €55,000 (approximately SAR 206,000). This makes the XM one of the fastest-depreciating luxury vehicles on the market.
Why is the BMW XM losing value so quickly?
Several factors contribute to this steep decline. The primary reason is the XM’s high starting price of over €150,000 (≈SAR 563,000), which limits demand even in the used market. Additionally, its bold and controversial design polarizes buyers, reducing the pool of potential owners. Fierce competition from established rivals like the Mercedes-AMG GLE 63 and Porsche Cayenne Turbo E-Hybrid also pushes buyers toward more conventional options.
How much does a used BMW XM cost now?
According to the report, 2024 model year XMs can be found from around €95,000 (≈SAR 357,000). That’s a saving of over 35% compared to the new price. For Gulf buyers, this could translate to a significant discount on a nearly new luxury SUV.
Is a used BMW XM a good buy in Saudi Arabia?
For Saudi buyers seeking a high-performance luxury SUV at a reduced price, the XM may seem tempting. However, potential owners should factor in higher maintenance and parts costs, especially for the complex plug-in hybrid system. The hot Gulf climate can also affect battery efficiency, so a thorough inspection—including battery health and cooling systems—is recommended before purchase.
What are the key specs of the BMW XM?
- Engine: 4.4L twin-turbo V8 + electric motor
- Total Power: 653 hp (748 hp in Label Red)
- 0-100 km/h: 4.3 seconds (3.8 s for Label Red)
- Electric Range: ~80 km (WLTP)
- Drivetrain: xDrive all-wheel drive
- New Price: From €150,000 (≈SAR 563,000)
Should you buy a used BMW XM?
If you value unique design and blistering performance, the XM’s steep depreciation offers a rare opportunity. But be prepared for ongoing value loss and higher running costs. Compare it with rivals like the Mercedes-AMG GLE 63 S (603 hp) or Porsche Cayenne Turbo GT (631 hp) before deciding. In the Gulf, ensure the car has a full service history and consider an extended warranty for peace of mind.
Frequently Asked Questions
How much does a used BMW XM cost in Saudi Arabia?
Based on European used prices around €95,000, expect to pay roughly SAR 350,000–400,000 depending on condition, mileage, and import costs. Local dealership availability may vary.
Is the BMW XM reliable?
BMW luxury models are generally reliable, but the XM's complex plug-in hybrid system can pose long-term issues. Have the battery and electric motor inspected, and ensure a full service history is available.
What are the best alternatives to the BMW XM?
Key rivals include the Mercedes-AMG GLE 63 S (603 hp), Porsche Cayenne Turbo GT (631 hp), and Audi RS Q8 (591 hp). All offer high performance with less polarizing design.
Does the hot Gulf climate affect the BMW XM's battery?
Yes, extreme heat can reduce battery efficiency and lifespan. Ensure the cooling system is in top condition and consider parking in shaded or air-conditioned areas.
Sources
- Auto Bild (DE) — Nicht kleckern, sondern klotzen: Power-SUV mit 55.000 Euro Wertverlust
