I was the third owner of a BMW. First owner paid about $50,000 and drove 24,000 miles in two years. He sold it for $25,000 to the second owner, who drove 28,000 miles in two more years and sold it for $15,000 to me. I drove it 8 more years and sold it for $1800 with 240,000 miles on the clock. I would have got more except the tranny was beat and it had to get towed away. So....looks like the first owner got boned hard - real hard!