BenzWorld Junior Member
Date registered: Nov 2008
Vehicle: 1988 260E
Location: Palm Beach, FL
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Buying a MBz for comfort and control are two good reasons. I still look forward to getting into my 21 year old W124 and driving somewhere, anywhere! But face it, older cars are expensive to maintain. That's true for any marque, certainly for MBz.
In the first ten years of its life, my 260E cost me $9,450 to keep repaired and maintained correctly, including replacement items, tires, brakes, batteries, etc. Of course, there was additional warranty work during that time, but that was free to me. For the 103,000 miles I drove in those 10 years, the car cost me just 9 cents per mile.
In the second ten years of its life, the car cost me $26,227, or 30 cents for each of the 88,000 miles I drove during that time.
In my case, the break point came in the 12th year, when annual costs jumped from the 9-10-11 cents area to 17 cents per mile, then 24 cents, and so on.
I made these investments because I had decided by that time that I would keep this car forever, so every little issue was immediately attended to, and I did none of the work myself. If my experience is typical, it looks like staying under 10-12 years in a used Mercedes might work out OK, provided the car had been adquately maintained during that time.
1988 260E (Anthracite Grey over Palomino)
Owned since new; still strong and smooth @ 197K