I just saw the craziest auction result and had to share this with everyone. A BMW M850i finished in the exclusive Jeff Koons Art Car special edition sold for an absolute loss. This is a limited collaboration piece that should have retained value, but the numbers are absolutely brutal.
The car ...
Search found 3 matches
- Sun Mar 01, 2026 11:45 pm
- Forum: Your first forum
- Topic: BMW M850i Jeff Koons Edition Loses $220K in Value After Only 50 Miles - Massive Depreciation Hit
- Replies: 15
- Views: 63
- Sun Mar 01, 2026 11:45 pm
- Forum: Your first forum
- Topic: BMW M850i Jeff Koons Edition Loses $220K in Value After Only 50 Miles - Massive Depreciation Hit
- Replies: 15
- Views: 63
Re: BMW M850i Jeff Koons Edition Loses $220K in Value After Only 50 Miles - Massive Depreciation Hit
Good point, noahlim632. I'm wondering if there was an accident history or some kind of issue that forced the sale. You don't typically see art cars lose 70% of their value that quickly unless something's really wrong. The low mileage is definitely suspicious.
- Sun Mar 01, 2026 11:45 pm
- Forum: Your first forum
- Topic: BMW M850i Jeff Koons Edition Loses $220K in Value After Only 50 Miles - Massive Depreciation Hit
- Replies: 15
- Views: 63
Re: BMW M850i Jeff Koons Edition Loses $220K in Value After Only 50 Miles - Massive Depreciation Hit
I think there might be a fundamental disconnect between art collectors and car collectors. Art people don't necessarily want to drive a car, and car people don't want their vehicle to be controversial art. It tried to appeal to both and ended up appealing to neither.