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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 originally sold for around $320K when it was new, featuring custom artwork by legendary artist Jeff Koons. It's a genuinely unique vehicle - not your typical M850i. But here's where it gets insane: after only 50 miles on the odometer, it went to auction and sold for roughly $100K. That's a $220K loss right out of the gate.

I'm trying to wrap my head around how this happens with a limited edition art car. You'd think collectors would fight for this thing, especially with Jeff Koons' name attached. The M850i platform is solid, it's beautifully designed, and the performance is excellent. But the depreciation is absolutely catastrophic.

This really makes me think about luxury car purchases and resale values. Are collectors just not interested in this particular collaboration? Is it a market timing issue? Or did the original owner overpay at launch? The fact that it only had 50 miles suggests someone bought it as an investment, realized they made a mistake, and cut their losses.

I'd love to hear thoughts on this. Is this a one-off disaster or does it reflect broader issues with ultra-luxury vehicle valuations? Has anyone here owned a high-end BMW and experienced similar depreciation curves? The M850i is an amazing car, but these numbers are eye-watering.

That's brutal. I feel bad for whoever bought it new at full price. This is exactly why I lease luxury cars instead of buying. Let someone else eat the depreciation monster.

This is insane. $220K loss in no time at all. I understand luxury cars depreciate, but this is on another level entirely. Was there something wrong with the car or is it just an unpopular color scheme?

I disagree with the assessment here. Limited edition BMWs often appreciate over time, not depreciate like this. There might be something specific about this car's condition or history that we're not seeing. 50 miles is suspiciously low.

The Jeff Koons collaboration probably looked better in concept than in reality. Not everyone wants to drive around with 'art' on their BMW. I can see why collectors passed on this.

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.

This is a perfect example of why buying 'special editions' is usually a bad financial decision. Regular M850i models hold value much better because there's actual demand. Art car editions? Not so much.

Actually, I think $100K for a Jeff Koons M850i is still reasonable. These things will probably stabilize and start gaining value again in 5-10 years. Collector cars are cyclical investments.

I have to disagree with that. BMW special editions don't appreciate like Ferrari Enzos or McLaren F1s. You're comparing apples to oranges. This thing will probably bottom out at $80-90K and stay there.

The real question is: who's buying this at auction and why? If you're paying $100K for it, you must believe there's value there. Maybe it's a smart purchase at this price point?