Date registered: Dec 2006
Vehicle: '00 S430
Location: Buckeye Nation
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Mercedes resale value: Real World experience
My how MB has fallen. I have owned 7 MBs including a 1970 Euro 300SEL 6.3.
My first MB was an '87 300E purchased in '92 with 38K for $22,500. The same price for a fully loaded '92 Camry XLE
Fast forward today: Within a month or two I will buy an '06 R350 4matic with under 30K miles for $21-22K. Similar values can be had for an E350 well below a the cost of fully loaded Camry.
Think about it, a 3 year old MB with warranty, much higher sticker price, and a devalued dollar for the same money as in 1992.
Times have never been better to buy a used MB. For ten years their reliability has been in the crapper which is reflected in the attitudes of several friends: "lease it for 3 years and turn it in, would love to buy one and keep it but they break too often". I think the reliability is improving but MB may never enjoy the once stellar resale value of the past. Great for the used buyer like me who is not afraid to own an MB (or others that I have owned like Citroen, Peugeot, Alfa, and Merkur).