It's not far off. The average new car transaction price is now $47K. I can't understand how so many people are able to afford such expensive cars but somehow they're making it work.
It comes to buy price minus sell price. People buying 47k cars are not driving them to ground or totally writing off them outside rare cases. Not that it is not still significant sum of money, but there is also large second hand market involved.
"incredibly high". This means finding an amount that high strains believability. I don't own one but I see X3s every time I commute to work. Obviously I see far more expensive cars too but I wanted to keep it somewhat reasonable.
https://www.edmunds.com/bmw/x3/2022/cost-to-own/