A 2023 BMW i7 xDrive60 cost $131,945 two years ago, it's now sold for a staggering amount less
Published on Sep 22, 2025 at 5:04 AM (UTC+4)
by Claire Reid
Last updated on Sep 22, 2025 at 9:45 AM (UTC+4)
Edited by
Kate Bain
This driver forked out $131,945 for the 2023 BMW i7 xDrive60, put 20,000 miles on the clock, and then sold it for a significantly lower amount.
BMW’s i7 was the first of its 7 Series to offer an all-electric powertrain.
The 2023 BMW i7 xDrive60 offers an impressive 500 horsepower and this particular model also comes with the Sports Package Pro and Driving Assistance Pro Package to boot.
The owner initially bought it for more than $130,000 but has since decided to sell it – making a pretty hefty loss in the process.
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The 2023 BMW i7 xDrive60 sold for a fraction of its original cost
We all know that cars can depreciate a lot in a relatively short amount of time – just take a look at this Aston Martin DBX707 that heavily dropped in price in just a year, or this 2023 BMW i7 xDrive60 that recently sold online.
The car is finished in Oxide Gray Metallic with a Tartufo extended Merino leather interior.
The owner had coughed up for the Sports Package Pro, which includes 21 inch M Aerodynamic two-color wheels, the M steering wheel, and plenty of other M Sport elements.
They also opted for the Luxury Rear Seating Package, a BMW Individual interior, a top Bowers & Wilkins sound system, front massaging seats, and plenty of other goodies.
Other than a few marks and a bit of curb rash on the driver’s side front wheel, the car is in tip-top condition and cost its original owner $131,945.
However, the BMW recently went up for sale online and was sold for just $57,751 – a staggering 56 percent less than its original price.
EVs depreciate faster than their gas-powered counterparts
While most cars will experience depreciation after being bought new, EVs see their value drop a lot quicker than gas-powered cars.
Tesla EVs are amongst the hardest hit by depreciation, with shocked owners finding thousands of dollars have been knocked off their value in a relatively short amount of time.
Similarly, a man discovered his $72,590 Ford Mustang Mach-E was told it was worth just $31,000 two years later.
And the owner of a Porsche Taycan says he’s been left with a vehicle that’s virtually worthless. You can watch his story in the video at the top of this story.
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Claire Reid is a journalist who hails from the UK but is now living in New Zealand. She began her career after graduating with a degree in Journalism from Liverpool John Moore’s University and has more than a decade of experience, writing for both local newspapers and national news sites. Claire covers a wide variety of topics, with a special focus on cars, technology, planes, cryptocurrency, and luxury.
